Job Title: group CFO
Company: Madhvani Group
NVV Chalapathi Rao is the group CFO of Ugandan conglomerate Madhvani Group.
Until May 2024, Chalapathi was the group CFO and head of corporate affairs at Ghanaian steel manufacturer B5 Plus Group.
He began his career in 1993 as manager of internal audit for the Asia and Pacific region at ALSTOM Traction. In 2001, he moved to Saud Bahwan Group as a cost and management accountant before joining Galadari Brothers Group in 2004 as group head of internal audit.
In 2007, he was appointed group CFO at GWC. A year later, he transitioned to Jaypee Greens, where he served as deputy general manager for finance and IT until 2013. He was then appointed as vice-president of operations and group head of internal audit at Mohinani Group, where he served until January 2015. In February 2015, Chalapathi became the head of internal audit for Africa at Wilmar International, a position he held for a year.
Between January 2016 and May 2018, he served as group CFO and director at Melcom Group of Companies.
Chalapathi holds an MCom from Pandit Ravishankar Shukla University and a Bachelor's degree in accounting from the Institute of Cost Accountants of India. He holds several certifications including certified management accountant (CMA) and a certified fraud examiner (CFE).
Work experience
Jun 2024 – Present: group CFO, Madhvani Group
Jun 2018 – May 2024: group CFO & head of corporate affairs, B5 Plus Group
Jan 2016 – May 2018: group CFO / director, Melcom Group of Companies
Feb 2015 – Jan 2016: head of internal audit - Africa, Wilmar International
Apr 2013 – Jan 2015: vice-president (operations)/ group head of internal audit, Mohinani Group
Oct 2008 – Mar 2013: deputy general manager- finance & IT, Jaypee Greens
Oct 2007 – Oct 2008: group CFO, GWC
May 2004 – Oct 2007: group head of internal audit (corporate finance), Galadari Brothers Group
Apr 2001 – May 2004: cost and management accountant, Saud Bahwan Group
Sep 1993 – Apr 2001: manager -internal audit (Asia & Pacific region), ALSTOM Traction
Education
Jun 2021: Fellow of Institute of Directors (FIoD), Institute of Directors
2019: Chartered Certified Financial Consultant (CCFC), Canada
2019: Associate Financial Accountant (AFA, UK), Institute of Financial Accountants
2019: Certified Forensic Investigation Professional (CFIP), IICFIP
2015: ACMA (Strategic Level), Chartered Institute of Management Accountants (UK)
2013: Certification in Risk Management Assurance (CRMA), Institute of Internal Auditors
2011: Member of Institute of Public Accountants (MIPA), Australia
2009: Certified Management Accountant (CMA, USA), IMA
2009: Certified Fraud Examiner (CFE), ACFE (USA)
2008: Chartered Certified Financial Consultant (CCFC), Canada
2007: Affiliate, Chartered Institute of Logistics & Transport (UK)
2002: IT Governance Certification, ISACA (USA)
1995–1996: Master of Commerce (M.Com), Pandit Ravishankar Shukla University 1994–1995: Post Graduate Diploma in Computer Science (PGDCS), Pandit Ravishankar Shukla University
1993–1995: Associate Cost & Management Accountant (ACMA), Institute of Cost Accountants of India
1992–1995: Associate's Degree in Accounting, Institute of Cost Accountants of India
Madhvani Group
Madhvani Group is a conglomerate established in Uganda in 1914. The group employs over 10,000 and has a presence in Africa, the Middle East, India and North America.
