Nagendra Bhat

Director of Financial Planning and Analysis

Professional Overview
Nagendra Bhat is an accomplished finance executive with over 15 years of experience in leading financial planning, analysis, and strategic decision-making for global organizations. As the Director of Financial Planning and Analysis at Elevance Health, he is responsible for driving financial strategy, forecasting, and performance optimization to support the company's growth and profitability objectives.

Experience Summary

Current Role
As the Director of Financial Planning and Analysis at Elevance Health, Nagendra is responsible for overseeing the company's financial planning, budgeting, and analysis functions. He leads a team of financial professionals in developing comprehensive financial models, identifying cost-saving opportunities, and providing strategic insights to support the organization's long-term growth. Under his leadership, the FP&A team has implemented robust forecasting and reporting processes, enabling the company to make data-driven decisions and achieve its financial targets.

Career Progression
Prior to his current role, Nagendra held senior-level positions in financial planning and analysis at leading organizations, including Carelon Global Solutions, Mercedes-Benz Research and Development, and Gerdau. Throughout his career, he has demonstrated a strong ability to drive operational efficiency, optimize financial performance, and collaborate with cross-functional teams to achieve organizational goals. His diverse industry experience, combined with his expertise in financial modeling and performance management, has made him a valuable asset to the companies he has served.

Academic Background
Nagendra holds a Bachelor's degree in Commerce from Bangalore University and is a Chartered Accountant (CA) and a Certified Management Accountant (CMA). His educational background and professional certifications have equipped him with a comprehensive understanding of financial management principles and best practices.

Areas of Expertise

• Financial planning and analysis

• Budgeting and forecasting

• Financial modeling and performance management

• Strategic decision-making

• Cost optimization and operational efficiency

• Cross-functional collaboration and leadership

Professional Impact
During his tenure at Carelon Global Solutions, Nagendra played a pivotal role in implementing a new financial planning and analysis system, which resulted in a 25% improvement in the accuracy of financial forecasts and a 20% reduction in operational costs. At Mercedes-Benz Research and Development, he led the transformation of the financial reporting process, enabling the organization to make more informed decisions and enhance its overall financial performance.

Conclusion
Nagendra Bhat's extensive experience, strong financial acumen, and strategic mindset make him a valuable asset to Elevance Health. As the Director of Financial Planning and Analysis, he is well-positioned to drive financial excellence, support the organization's growth objectives, and contribute to its long-term success.