CFO

Ratnakar Nemani

** *****, *** ********* *** and CIO Transformation Leader

Phone: +254-********* +91-910*******

Email: ********@*****.*** https://www.linkedin.com/in/ratnakar-nemani/

Professional Summary – Growth and Governance

A seasoned finance executive with 30+ years of global experience across India, the Middle East, and Africa in strategic finance, digital transformation, corporate governance, and operational excellence. Proven track record in fundraising, turnarounds, ERP-led digitization, and stakeholder alignment in listed and family-run enterprises. Recognized as a Top 25 CIOs in 2009, India, for transforming IT into a profit centre. Recently, in November 2025, recognized as a Top 10 CFOs in Kenya and a Top 30 in East Africa.

Industry Exposure

Packaging FMCG Manufacturing Investments Real Estate Retail Food Textile Automotive Education Trading Agriculture IT Services

Core Competencies

Corporate Strategy Financial, Planning and Analysis (FP&A) IFRS Treasury and Working Capital Optimization Fundraising (Term Loans, Project Finance, Private Equity, and IPO knowledge) Turnaround and Restructuring Digital Transformation M&A and Due Diligence ERP Implementation and IT Governance Risk Management and Compliance Corporate Governance & Stakeholder Management Financial Models Income Tax Corporate Tax Excise duties VAT FTA EXIM duties Customs GST Zakat ZATCA Corporate policies

Technical Skills

ERP: Microsoft Dynamics 365 BC, SAP ECC6, Tally, Focus Tools: Excel & BI Reporting: MIS, Budgeting, Dashboards, Jet Reports and Analytics

Professional Experience

Chief Financial Officer

Dune Packaging Ltd., Kenya Jan 2022 – Present

Leading Mergers & Acquisitions (M&A) initiatives, including deal evaluation, due diligence, valuation, and post-merger integration.

Closed PE investment in April 2024; set strategy to become debt-free by 2025/2026.

Developed a growth strategy to scale by double the size by 2030.

Spearheaded ERP MS Dynamics 365 BC upgradation with machine-generated reports.

Initiated ESG framework and board charter, and implemented enterprise risk management.

Aligned HOD KPIs with P&L; optimized supply chain and business processes.

Chief Executive Officer

National Natural Honey LLC, Oman Oct 2020 – Aug 2021

Turned around operations; secured a $16M+ 5-year Saudi distribution contract.

Streamlined pricing, taxation, and ERP systems for efficiency and compliance.

Chief Financial Officer & Board Secretary

Alkhonji Holding Group, Oman & Dubai Mar 2016 – Feb 2020

Managed a $500M asset portfolio across real estate, education, hospitality, and trading.

Consolidated $20M in non-performing assets into yielding investments.

Implemented ERP transformation and ZBB-based planning; aligned expenses to shared services.

Business Consultant (Entrepreneurial Feats) - VinWin Solutions, India Jun 2015 – Feb 2016

Chief Information Officer

General Group, Saudi Arabia & Bahrain Dec 2012 – May 2015

Led SAP ECC6 implementation across group ($100M); established private cloud and IT profit centre.

Created in-house shared IT services with zero downtime and measurable CAPEX/OPEX savings.

Chief Information Officer

Himatsingka Seide Ltd., India Sep 2010 – Aug 2012

Oversaw ERP implementation across India, the US, Singapore, and Dubai ($270M); improved production transparency; improved working capital 3x in 2 years.

Won SAP India's "Best Implementation Award" in 2013.

Finance & IT Leadership Roles

VST Industries Ltd. (associate of BAT PLC, UK), India Jul 1992 – Aug 2010

Roles: CIO & Profit Centre Head – IT Deputy CFO Sr. Manager – Finance Audit Manager

Transformed IT into a profit centre; upgraded ERP and created payroll (PIPS) and inventory (FIMS) systems.

Oversaw SAP upgrades, Clause 49/SOX compliance, and working capital improvements.

Managed corporate FP&A, ZBB, taxation, and strategic pricing for new brands.

Through with IFRS, Direct and Indirect Taxes.

Education

CMA – Cost and Management Accounting - ICMAI, 1995

Bachelor of Commerce (B.Com) - Maharaja's College, Andhra University, India, 1990

Personal Details

Date of Birth: 2 August 1969

Nationality: Indian

Passport: Z5300718 (Valid until Aug 2029)

Permanent Address: A-1804, Hillcrest Towers, Puppalaguda, Hyderabad, India – 500032

Current Address: 1st Avenue Residency, Parklands, Nairobi, Kenya

Languages: English, Telugu, Hindi

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