Advanced Petrochemical Company
Pai, Rajdeep has a diverse work experience spanning over several companies and roles. They began their career at Deliotte, Haskins and Sells, where they served as an Audit Group Leader, handling management assignments and audit reports for various organizations. They then joined Wachandnagar Industries Limited as the Deputy Manager Internal Audit, responsible for process review and internal controls.
Afterwards, they worked at Etisalat Telecommunications Corporation as an Internal Auditor, conducting finance and operations audits. They later joined Aircel Limited as an Audit Controller, focusing on risk mitigation and improving control environment. They also served as a Governance, Risk & Compliance Advisor at Zantel, a subsidiary of Etisalat Group, where they set up the internal department and prepared the IA manual.
Pai, Rajdeep then moved on to Etisalat DB Telecom Pvt. Ltd. as an Associate VP Compliance and Audit, establishing the internal audit department and developing governance documents. At TAKWEEN ADVANCED IND. KSA, they served as the Head of Internal Audit, professionalizing the Group Internal Audit Department and achieving high levels of closure and satisfaction.
They later joined Al Rajhi Holding Group as a Board Audit Committee Member, and then joined Mattex as the Chief Group Internal Auditor. At Mattex, they presented key issues to the Board and achieved significant savings, while also institutionalizing proactive risk management.
Currently, Pai, Rajdeep is employed at Advanced Petrochemical Company as the Chief Internal Auditor, focusing on internal audit, governance, and compliance. They work closely with the CEO and CXOs, regularly interact with the Audit Committee, and prioritize key business developments.
Overall, Pai, Rajdeep has demonstrated a strong expertise in internal audit, risk management, and compliance throughout their career.
Pai, Rajdeep has a diverse education history. Pai, began their academic journey at South Point School in Kolkata, where they studied the general stream subjects up to secondary level. During this time, they also focused on economics, commerce, and accountancy.
After completing their high school education, Rajdeep attended Bangalore University from 1989 to 1992. Here, they pursued a Bachelor of Arts (B.A) degree in Economics.
Following their undergraduate studies, Rajdeep became interested in the field of finance and accounting. From 1992 to 1999, they enrolled at The Institute of Chartered Accountants of India. During this period, they acquired extensive knowledge in accounting, finance management, auditing, costing, taxation, IT systems, and commercial & corporate law. As a result, Rajdeep obtained the prestigious designation of Chartered Accountant.
Simultaneously, between 1995 and 1997, Rajdeep pursued a Diploma in Business Finance at the Institute of Chartered Financial Analyst of India. This diploma program provided him with specific expertise in financial management and project management.
In summary, Rajdeep Pai's education history demonstrates their dedication to acquiring knowledge and skills in a wide range of subjects, including economics, business finance, accounting, and financial management.
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Advanced Petrochemical Company
Advanced Petrochemical Company (‘Advanced ‘) was established as Saudi Closed Joint Stock Company in October 2005, its current 2021 paid up capital is SAR 2,164,734,000. The company has been publicly listed on the Saudi Stock Exchange (“Tadawul”) since 2006. Advanced Petrochemical started the construction of its plants in May 2005. The company designed to produce 455,000 tons per year of propylene and 450,000 tons per year of polypropylene (Name plate capacity) from its production facility located in Jubail Industrial City, in the Eastern coast of the Kingdom of Saudi Arabia. The company started the commercial production from its polypropylene facility on 3rd March 2008. Advanced utilizes the PDH-Catofin Technology, which is licensed by Lummus, for the production of propylene, and it also uses the Novolen Technology for the production of polypropylene. Advanced’s new expansion project to set up a PDH-PP complex in Jubail-2, to produce 843 KTA Propylene and 800KTA Polypropylene, is in the execution phase. This new PDH unit will adopt the same Catofin Technology and the PP units will adopt LyondelBasell’s Spheripol and Spherizone Technologies with PP capacity of 400 KTA each