Mr. Amit Agrawal is the CFO of AVIVO Group – a UAE-based one of the leading healthcare service provider that owns and operates 47 healthcare facilities including hospitals, medical & diagnostic centres, pharmacies, and medical aesthetic products distribution businesses across Middle East – where, in addition to Finance and Accounts, he also manages the Human Resources, Legal, Insurance, Planning & Strategy, IT, Procurement and Administrative functions of the Group. Over the last 2 years, he has:
Played a significant role in raising of funds within a year in a mix of equity, debt and a structured preferred convertible security.
Completed an acquisition for the Company within 4 months.
Structured a buyback of ~40% shareholding of old investors resulting an exit with more than 2x return.
Instituted Corporate Governance by implementing Internal Audit, Enterprise Risk management, CG manual, Authority matrix, etc.
Initiated corporate restructuring to maximize shareholders’ value by carving out high performing assets into a separate legal entity.
Led the preparation of the Company for Initial Public Offering (IPO) at London Stock Exchange.
Amit comes with a strong experience of about 19 years in private equity, business restructuring, strategy, accounting & control, corporate finance, formation of companies, joint-ventures and strategic alliances, and has worked in various positions covering a broad range of sectors, including healthcare, private equity, coal mining, iron & steel, power distribution, water distribution, construction & infrastructure, fashion retail, pharmacy chain, logistics & warehousing, equipment rental, ports operation, power rental, education and FMCG distribution.
Amit started his career in 1999 with Tata Steel Limited – a Fortune500 company and an Indian multinational - one of the top 10 largest steel-making company with operations in 25+ countries, having commercial presence in over 50 countries and employing over 80,000 employees across five continents – where he worked in various positions across finance, supply chain, strategic planning and Managing Directors office. Being a part of a special taskforce under MD’s office, Amit was the brain, driver and key executor in spin-off of a division (having 9 businesses and about 4,000 employees) of Tata Steel into a self-sustaining independent legal entity.