Aniabh AdvisoryManagement & Consultancy Services LLP
Dr. Arvind Mayaram

Dr. Arvind Mayaram

Principal Consultant

Dr. Mayaram served as Finance Secretary to the Government of India and, as Secretary of the Department of Economic Affairs, as Alternate Governor for India to the Boards of Governors of the World Bank, the Asian Development Bank and the African Development Bank. He has sat on the governance side of the same institutions the firm now works with — with direct exposure to how their Boards deliberate, how country partnership strategies are agreed and how financing decisions are taken — and brings that perspective to the design and appraisal of operations funded by them.

A 1978-batch officer of the Indian Administrative Service on the Rajasthan cadre, he spent thirty-seven years in public administration across the Government of India and the State Government before retiring on superannuation in October 2015. He was India's Finance Deputy to the G20 and BRICS, chief negotiator for the BRICS New Development Bank, co-chair of the G-20 Framework Working Group and chair of the secretaries' group on the AIIB. He is certified as a Public–Private Partnership Specialist by IP3 and the Water, Engineering and Development Centre at Loughborough University, and has led investment-promotion and institutional-reform missions for UN agencies in Africa, Latin America and Asia-Pacific.

Selected appointments

  • Finance Secretary, Government of India (April–October 2014)
  • Secretary, Department of Economic Affairs, Ministry of Finance, Government of India, and Alternate Governor for India to the World Bank, Asian Development Bank and African Development Bank (August 2012 – April 2014)
  • Secretary, Ministry of Minority Affairs, Government of India (October 2014 – October 2015)
  • Special Secretary and Financial Adviser, Ministry of Rural Development, Government of India (2008 – 2012)
  • Vice Chairman, Rajasthan Economic Transformation Advisory Council, and Economic Adviser to the Chief Minister of Rajasthan (December 2018 – December 2023)
  • Indian Administrative Service, Rajasthan cadre, 1978 batch — retired on superannuation, October 2015

Current affiliations

  • Chairman, Institute of Development Studies (IDS), Jaipur
  • Visiting Professor of Practice (Public Policy), Kautilya School of Public Policy, Hyderabad
  • Member, core drafting team, UNECE Sub-Committee on Fiscal Sustainability Guidelines
  • Principal Consultant, Aniabh Management and Consultancy Services LLP

Qualifications and particulars

  • PhD in Finance, University of Rajasthan
  • Certified Public–Private Partnership Specialist — IP3 and WEDC, Loughborough University, United Kingdom
  • Countries of work experience: India; advisory missions in Sudan, South Africa, Fiji, Ecuador, Uzbekistan and Cambodia
  • Languages: English (excellent, spoken, written and reading); Hindi (native)
Download CV — World Bank / ADB format (PDF)
Abhinav Mayaram

Abhinav Mayaram

Managing Partner — Infrastructure and Structured Finance

Abhinav Mayaram covers the transaction and structured-finance side of the firm's work, complementing the Principal Consultant's policy and governance depth. Across more than sixteen years in banking, corporate finance and management consulting he has appraised and structured infrastructure and power-sector financing, and managed an asset and liability book of approximately INR 5,000 crore across oil and gas, petrochemicals, energy and infrastructure.

Signature assignments

  • INR 5,000 million facility for a 2,000 MW thermal power project for a private independent power producer — part of the IL&FS Financial Services team that carried out the project appraisal and arranged structured financing from banks.
  • Worked on the application of a new financing model in the infrastructure space in India, with a large corporate and the Government of India — building the financial appraisal model and the project memorandum for placement with banks, under a structure that collateralised the promoter's equity stake in a group company as security for the debt.

Career

  • Chief Executive Officer and Founder — Haveli Anirudh, and SmarterCred, a private fund deploying proprietary capital through quantitative strategies in domestic and international capital markets2024 – present
  • Regional Head for North India, Startups — HDFC Bank, owning the bank's startup banking proposition for the region2022 – 2024
  • Assistant Vice President — HDFC Bank, key accounts and large institutional relationships in North India2020 – 2022
  • Chief Manager — IDFC Bank, leading a team of four credit analysts across oil and gas, petrochemicals, energy and infrastructure2016 – 2020
  • Consultant — KPMG, corporate finance and management consulting mandates for government and private-sector clients2014 – 2016
  • Associate — IL&FS Financial Services, project appraisal and structured financing for infrastructure and power projects2009 – 2013

Education

  • MBA, Finance — Great Lakes Institute of Management (2013–2014)
  • BBA, Finance and Investments — Baruch College, City University of New York (2005–2009)

Other particulars

  • Chairman, Anirudh Mayaram Foundation — a charitable foundation funding education for underprivileged children
  • Languages: English (excellent, spoken, written and reading); Hindi (native)
  • Base location: New Delhi, India
Download CV — World Bank / ADB format (PDF)