Rakesh Thakrar

Experience:

Rakesh joined the Executive Committee in March 2018 and was appointed as Group Chief Financial Officer in May 2020. Rakesh has worked for Phoenix Group companies since 2001, he has held a number of senior finance and strategy related roles and is responsible for the Group’s financial performance, internal and external reporting obligations and supporting the delivery of the Group’s strategy.

Role and responsibilities:

• supports the Group Chief Executive Officer in formulating the Group strategy and managing the Group’s key external stakeholders;
• develops and delivers the Group’s financial business plan in line with strategy;
• ensures resilience, effective management and control of the Group’s balance sheet and solvency position;
• develops and delivers the Group’s debt capital strategy, tax and other treasury matters;
• ensures effectiveness of processes to meet the Group’s external reporting obligations; and
• enhances shareholder value through clear, rigorous assessment of growth opportunities and M&A in line with the Group’s capital allocation framework.