Employee Spotlight: Mayank Vishnoi

As ChemOne’s Chief Financial Officer, what does a typical working day look like for you?

A normal day starts with reading about various financial markets like currencies, debt, equities, interest rates, spreads and derivatives. My first meeting is usually with our Chairman and EXCO, make strategic decisions on high priority issues. I then meet with my own team to get an update on ongoing and upcoming transactions.

The second half of my day is filled with external meetings with bankers, fund managers, clients, legal advisors, auditors, contractors, vendors and etc. Topics of these meetings are related to financing, investments, mergers & acquisitions, joint ventures, investor relations, treasury management, risk management, financial reporting and compliance.

With the industry’s growing interest in green financing, how does ChemOne ensure that it is moving in tandem with this renewed focus?

ChemOne’s corporate finance team works tirelessly to keep abreast of all developments related to green financing. Currently, institutional investors are not only looking for investee/borrowers with serious ESG commitments but are also expecting them to outperform on the promised matrix. So, we also engage with various advisors to define pragmatic goals and chart out a tangible path to achieve this.

How can the financial sector play a significant role in accelerating the global energy transition and how does ChemOne integrate ESG factors into its financial structure and strategies?

The financial sector plays the role of a catalyst in successful and timely energy transition. It can provide all the right incentives to corporates for adopting renewable and low carbon sources of energy. Green financing can reduce the cost of capital for a corporation and provide access to larger pools of long-term capital.

As an organisation, we have absorbed ESG and Sustainability as a core theme of the Group’s business and financial strategy. We made the important decision to divest from a high carbon footprint business back in 2020. We are now building our future businesses and cash flows with a focus on renewable, circular economy products.? As a policy we ensure that all new projects are fully compliant with Equator Principle 4 and IFC Environment Standards. We also try to minimise the carbon footprint of a project across Scope 1, 2 and 3. Such steps are well recognised by our clients and financiers.

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What sets ChemOne apart from other developers?

Delivering lowest carbon footprint projects with state of the art technology, in a time and cost-efficient manner is what sets ChemOne apart. Collaboration with strong and globally renowned partners in every project is another hallmark which reflects our Group’s high credibility and commitment to excellence.?

What inspired you to pursue a career in corporate finance and besides the financial world, what your other interests in life?

I always liked numbers even during the early years of my education and this passion only grew during when pursuing my Bachelor’s degree at the University of Delhi and MBA at Chicago Booth. It gave me the confidence and comfort to pursue a career in finance.

I started my career at a bank, where I realised, I really liked corporate finance. It was fascinating to learn how it can enable a business to survive, grow and create value. It’s an area where I a always learning something new and innovative every day. It gives me the opportunity to create high impact for myself, for the organisation, economy, and society. So, I truly love what I do.??

When I am not at work, I enjoy reading, travelling, swimming, and spending time with my family. On a pro-bono basis, I am involved with a few NGOs in India in the field of off-grid solar energy for rural areas and arranging education grants for underprivileged children. As a member of SG Cares Volunteer Centre in Singapore, I volunteer regularly for activities related to various social causes.