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About our Leadership

Leadership profiles and operating context behind ECL Square, spanning Ind AS, IFRS, financial instruments, audit, credit risk, ECL modelling, transformation, and implementation.

R. Venkata Subramani

R. Venkata Subramani

Director, RVSBELL Analytics Private Limited

Education

Chartered Accountant (ICAI), AIR 23

Cost Accountant (ICWAI), AIR 6

B.Com, University of Madras

Diploma in IFRS from ACCA

Professional experience

Subject Matter Expert and key member in designing and developing a hedge accounting module.

Venkat's team implemented hedge accounting for banks in Sweden, Australia, New Zealand, and London.

Former Head of Business Management and Operations Control with responsibility for strategic training, governance, oversight, migrations, and program reporting.

Teaching and advisory

Visiting faculty at the Institute of Chartered Accountants of India for the Ind AS (IFRS) Certificate Course over several years.

Conducts specialized courses on financial instruments for regulators, banks, and corporate entities, including the Reserve Bank of South Africa.

Visiting faculty at the Reserve Bank of India Staff College for Ind AS (IFRS) courses on financial instruments.

Yagnesh Desai

Yagnesh Desai

Director, RVSBELL Analytics Private Limited

Education

Chartered Accountant (ICAI)

Certified Public Accountant (CPA), USA

B.Com, University of Bombay

Certification course on Ind AS from ICAI

Professional experience

Founder of Desai Shah & Associates with more than 40 years of experience across IFRS, Ind AS, audit, FEMA, and taxation.

Assisted 75+ companies in first-time adoption of Ind AS in India.

Handled statutory and internal audit assignments from planning through finalization and advised startups, HNIs, and corporates on structuring, ESOPs, taxation, wealth, succession, and FEMA matters.

Teaching and advisory

Visiting faculty at the Institute of Chartered Accountants of India for the Ind AS (IFRS) Certificate Course.

Conducted 1,800+ lectures in India and abroad on Ind AS and IFRS for CAs, regulators, banks, and corporate participants.

Visiting faculty in one of the Big Four for Ind AS training since 2016.

Served as a co-opted or special invitee member of the Accounting Standards Board of ICAI and as consultant to the Department of Economic Affairs, Ministry of Finance.

Ranjeet K. Agarwal

Ranjeet K. Agarwal

Director, RVSBELL Analytics Private Limited

Education

B.Com (H)

Fellow Chartered Accountant (ICAI)

CPA (Australia)

Associate Company Secretary

DISA (ICAI)

Diploma in Information Systems Audit

Professional practice

Practicing Chartered Accountant since 1999 and Managing Partner, MKPS & Associates LLP.

President, ICAI (2024-25); Vice President, ICAI (2023-24); Council Member, ICAI (2016-2024, three consecutive terms).

Regional Council Member, EIRC of ICAI (2010-2015, two terms), and Board Member, South Asia Federation of Accountants (2023-2025).

Leadership

Member, International Panel on Accountancy Education, IFAC.

Represented ICAI at IFAC, CAPA, PAFA, AFA and IFRS Foundation IRCC.

Director, ICAI institutions: Insolvency Professionals, RVO and Social Auditors of India.

Regulatory roles

Ministry of Finance Search Committee - Institute of Actuaries of India.

GASAB and Audit Advisory Board, C&AG.

Part-time member of IRDAI and NFRA.

SEBI Primary Market Advisory Committee and National Foundation for Corporate Governance.

Key contributions

Implemented UDIN for CA certifications.

Updated ICAI's Code of Ethics in line with International Standards.

Launched 40/40 Awards with CNBC for young CA business leaders.

Introduced ICAI technology initiatives including CA GPT, mobile app, firm aggregation, and e-office.

Neel Doshi

Neel Doshi

Senior Vice President, RVSBELL Analytics Pvt. Ltd.

Education

B.Com (Financial Markets), University of Mumbai

Qualified Actuary, Institute of Actuaries of India

Qualified Actuary, Institute and Faculty of Actuaries (UK)

Chartered FRM, GARP

Professional experience

6+ years of experience across valuation and risk, strategy and finance, and automation, having led a team of 20+ professionals and delivered 70+ projects across geographies.

Worked with banks, insurers, financial institutions, and corporates on credit risk, ERM, ICAAP, model development and validation, hedging, program management, automation, structuring, strategy, and derivative valuations.

Led the development, validation, and update of PD, LGD, and ECL models across wholesale and retail portfolios for 20+ NBFCs and banks across India and the Middle East.

Provided audit support, addressed auditor and regulator queries, and presented results to boards and management for closure of key exercises.

Teaching and advisory

Developed and deployed multiple credit risk and market risk models in Python, with proficiency in SQL and R.

Led engagements on EIR, fee amortization, hedge accounting, and IFRS 16 across multiple geographies.

Key skills
Credit risk and IFRS 9 ECLTreasury and market riskRisk and finance transformationAutomation and implementationIFRS and accounting advisoryProgram managementICAAP and ERM