Samaresh Parida

Founder and CEO ,SP Growth Consulting

Samaresh Parida

Founder and CEO ,SP Growth Consulting

Biography

Mr. Samaresh Parida has been Independent Director of IDBI Bank Ltd. since August 13, 2018 and served as its Additional Director from May 19, 2018 to August 13. 2018. Mr. Parida is the Founder and Chief Executive Officer of SP Growth Consulting. He has been Senior Advisor to NABARD, Director of Strategy for Vodafone in India. He is a Senior Management professional with proven track record of over 30 years in finance, strategy, operations, business reengineering in different sectors. He has experience in India and key global markets – specifically USA, Asia, Latin America and Europe. He served as Director for Corporate Communications and Corporate Sustenance at Vodafone Essar Limited and Vodafone India Limited from March 2012 to August 2012. Mr. Parida served as Chief Operating Officer of Avestha Gengraine Technologies Pvt Ltd. since September 18, 2007. Mr. Parida served as Finance Director of Pepsico, Inc. until September 18, 2007. He worked with PepsiCo for about two decades out of which for almost a decade he was based in the Headquarters in the US. At PepsiCo, he handled a breadth of functional areas including strategic planning, corporate finance, risk management and business process transformation as well as held strong operating positions. In his last assignment in PepsiCo, he was the Chief Financial Officer for a Strategic Business Unit in the US. He has expertise in the areas of Strategy, Consulting, Planning, Technology and Finance. He served as a Director of Shaily Engineering Plastics Limited since September 01, 2012 until November 8, 2014. Mr. Parida led several high profile Acquisition/ Merger and Restructuring transactions including the high profile acquisition of Quaker Foods, Gatorade and other major acquisitions in Mexico, Germany, Brazil, Chile, Egypt, Russia and India. Earlier, He worked with DCM Toyota and Andersen Consulting. Mr. Parida is a Qualified Chartered Accountant, Cost Accountant and MBA from Indian Institute of Management, Ahmedabad.