Mangesh Chouhan
Assistant Vice President - Relationship Management - Business Banking & Working Capital, HDFC Bank
Professional Overview
Mangesh Chouhan is an accomplished finance and banking professional with over 15 years of diverse experience in areas such as credit control, risk management, project finance, and customer relationship management. In his current role as Assistant Vice President - Relationship Management at HDFC Bank, he is responsible for driving business growth and client satisfaction within the bank's Business Banking and Working Capital segments.
Experience Summary
Current Role
As the Assistant Vice President - Relationship Management at HDFC Bank, Mangesh is tasked with managing and strengthening client relationships, identifying new business opportunities, and ensuring the delivery of customized financial solutions to small and medium-sized enterprises. He plays a pivotal role in driving the bank's growth strategy within the Business Banking and Working Capital domains, leveraging his deep understanding of client needs and market dynamics.
Career Progression
Prior to joining HDFC Bank, Mangesh held several leadership positions in the finance and banking sectors. He served as the Head of Credit Control, Risk Management & Insurance at the MTC Group, where he was instrumental in implementing robust risk mitigation strategies and streamlining the organization's financial processes. Earlier, he held senior roles at The Phoenix Mills Ltd., Foxconn, Parker Hannifin, and Thermo Fisher Scientific, where he demonstrated his expertise in project finance, accounting, and customer relationship management.
Academic Background
Mangesh holds a Master's degree in Finance and Accounting, which has equipped him with a strong foundation in financial analysis, reporting, and strategic decision-making.
Areas of Expertise
- Business Banking and Working Capital Solutions
- Credit Risk Management and Control
- Project Finance and Structured Lending
- Customer Relationship Management and Engagement
- Financial Reporting and Accounting
- Strategic Planning and Business Transformation
Professional Impact
Throughout his career, Mangesh has consistently delivered measurable impact, including:
- Spearheading the implementation of a comprehensive credit control and risk management framework at MTC Group, resulting in a 25% reduction in bad debts and a 20% improvement in cash flow
- Driving the restructuring and optimization of the finance and accounts function at The Phoenix Mills Ltd., leading to a 15% increase in operational efficiency
- Securing over $50 million in project financing for Foxconn's expansion initiatives, ensuring timely project completion and client satisfaction
Conclusion
With his extensive expertise in the finance and banking sectors, Mangesh Chouhan is well-positioned to contribute significantly to HDFC Bank's continued growth and success within the Business Banking and Working Capital domains. His track record of driving strategic initiatives, managing client relationships, and delivering measurable results makes him a valuable asset to the organization.