Niraj Kumar is a Chartered Accountant having more than 20 years of experience in Risk Management, Internal Auditing & Assurance, Fraud Management, Revenue Assurance, Business process designing, Internal controls, Governance and SOX Compliances. Niraj is currently Internal Audit Head of one of the World’s largest Technology based Hospitality Company “OYO Hotels and Homes” operating in 80+ Countries.
Overall Niraj’s experience is perfect blend of Corporate, Consulting and Start UP world which allowed him in creating a significant impact in the field of good governance. During his stint in KPMG at a Leadership position, Niraj has facilitated many companies in establishing strong pillars of Corporate Governance and consecutively demonstrated greater value to External & Internal stakeholders. He has also worked with some of the marquee Retail organizations in the world like Carrefour India (French Retail co.) as Head of Internal Audit, Walmart India (world largest retail co.), Reliance Retail (India’s largest retail Co.), Max India (prestigious Indian Conglomerate).
Niraj joined OYO 3 years back and since then set up & expanded Risk function from scratch while matching the pace of one of the world’s fastest growing Organization. To have efficient & cost effective audit and risk function matching growth trajectory of the Company he embraced technology and data analytics as an important element of audit ecosystem in OYO.
He firmly believes, Technology as an essential element of entire ecosystem of the corporate world therefore data becomes most important currency to be used. In such a fast changing internal and external environment, Business need immediate feedback and more depth insightful information and that is where he advocated Risk professional to use Data analytics. As part of this initiative, he implemented “Continuous Control Monitoring” framework using advanced data analytics which also acts as an early warning mechanism for companies to identify, monitor and remediate unforeseen events.
Consumed with the idea of “Always deliver more than expected”, Niraj approaches Internal Audit to deliver “Value addition”. He transformed internal audit from an assurance provider to trusted partner for business & leadership. He is a dynamic professional always strive to do innovative things to eventually help in growth of business.
Niraj believes in sharing knowledge with his peers and young upcoming professionals through various forums and seminars organized by ICAI, IIA, FICCI etc and he is also regular speaker at various management schools. He is one of the most sought professional whom young professionals and students love to hear his passion towards profession, society and Country. Niraj continues to contribute for the development of the Nation through his professional duty and by nurturing many young professionals who are doing great services to the various Company and society at a large.
He is highly active in social life and attached with various nation building exercise where he provides insights on ground level challenges and strategies to counter them directly to Senior leaders of Central & State government. He also participates in various philanthropic activities such as providing aids to needy and mobilizing resources during ongoing Pandemic (COVID).
IFSC CODE : KKBK0000203
MICR No.: 110485046
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