Meet the Group Compliance Team of Lodha Ventures
Isn’t it crazy how we sub-consciously just remember our mothers in sickness and in health? Be it when we’re excited or sad or in pain, mothers are always there to protects us and keep us focused on our goals while doing the right thing. In the business world, a Group Compliance Team dons this hat.
As the name suggests, a Group Compliance Team develops and maintains the legal health of a parent organisation and all the companies that are a part of its ecosystem. While monitoring and reporting on the effectiveness of controls in the management of the organizations’ risk exposure is the team’s key responsibility, their jobs are much more than visible to the eye.
At LV, Yogesh Wadhwana and his 5-member team is the bulwark for all things compliance. Yogesh, Deputy Vice President – Compliance & CS, is well supported by Daksh Punamiya, Roshni Tripathi, Sakina Ezzy, Yashvi Vora and Payal Jain. While Daksh supervises compliance operations of Bonito Designs with Yashvi heading the execution, he also works closely with Payal who handles Tomorrow Capital, BeyonsSkool and Easiloan. And if you’re wondering what happens to The House of Abhinandan Lodha and Xanadu Realty, Roshni and Sakina are taking care of compliance in these companies respectively.
Every business has its specific regulatory needs that require well-thought actions. From maintaining corporate governance, facilitating merger and acquisitions, fund raising and drafting ESOPs schemes to making sure private equity, debt, taxes and the management information system are all in place, there’s so much more to the compliance team’s KRA.
Aside from turning all the big words used above into reality, Yogesh and his team also help the HR team with employee PF, TDS and also overlooking the foreign direct investments and outward direct investments. The team also plays a crucial role when planning the past, present and future of a business comes to play. So, if you ever wanna know if you can get in trouble for not updating your website or having a particular document, you know who to go to.
Comments