Bench:Banking, Finance & Investment BenchPractice:mediationarbitrationSectors:Banking and Finance
Professional Biography
LIST OF ACHIEVMENTS:
Have rendered expertise on various requests from Government of India as SoD.
Vast experience in the area of Engineering, Insurance, Finance & Contracts.
Well aware of Quality control processes and financial audits for industry.
Adept in Strategy formulation, execution, business performance reviews, overview of production operations of cement plants, financial management etc.
Experienced in Risk Assessment and Risk Mitigation consulting
Define Group Values and Code of Conduct.
Strong Leadership qualities.
Strong Budgeting, Planning and co-ordination skills.
Attention to detail – strong process orientation; providing and encouraging thought leadership.
Strong at Organization building initiatives and effective people management
Generation of ideas for new products, markets and present and discuss them with the strategic affairs committee.
Government certified Solar Plant Expert.
Conciliation & Arbitration in commercial & contract disputes to mutual satisfaction of both parties.
Positions held: Worked in Engineering Industry from 1972 to 1980.
Industry in various capacities.
Experience of steel pipe fabrication unit. Plant incorporating civil works, pipe-work & equipment setting, steel framed racks, bridges ad ancillary structures and external works.
Controlling all commercial aspects of the above project/ work to completion
Responsible for entire engineering team and estimating functions on this fabrication plant and assembly station.
Subcontract coordination progress and account.
Change order assessment and evaluation of contractual claims, both time and cost based.
Final sign-off of account and financial close out report.
Administration of subcontracts accounts, cost control, system design and implementation, planning and specification monitoring, final account assessment and agreement.
Employer: The New India Assurance Co. Ltd., Mumbai/Delhi (1980 to 1981)
Positions held: Engineer in Engineering Department
Self Employed: Insurance Surveyor & Valuation 1981 onwards.
Senior partner in A.K. Govil & Associates, an accredited firm for survey and loss assessment of Insurance Claims, Valuation of Buildings and Plants/Machineries.
Incorporated M/s MACK Insurance Surveyors Pvt. Ltd in 2006 along with Mr. Chandra Kiron Bakshi and Mr. Chandra Mohan Bakshi of M/s MP Bakshi Surveyors Pvt. Ltd. The company is now renamed as M/s MACK Insurance Surveyors & Loss Assessors Pvt. Ltd. In a span of almost forty years in the profession, have personally carried out assessment/ adjustment of losses as given below.
ARBITRATION & CONCILIATION
Have handled cases in contractual disputes between large corporates & made them to resolve mutually most of the issued & rest have been arbitrated to their mutual satisfaction.
Have handled commercial disputes between manufacturers & distributers.
Have handled insurance claims dispute between Indian leading insurers & their claimants.
ACHIEVEMENTS AND AWARDS
Former Chairman - Bharatiya Yuva Shakti Trust (BYST) Committee for Entrepreneur selection, under the aegis of Confederation of Indian Industry (CII) for promotion of self-upliftment of young, under privileged entrepreneurs.
Former Member - Insurance Regulatory & Development Authority (IRDA) Committee, formed for promotion of profession of Insurance
Surveyors and Loss Assessors in India.
Former Member - Joint Committee of BYST and International Financial Corporation, (IFC) Washington, USA for funding of entrepreneurs in India.
Former Member – Indian Institute of Insurance Surveyor & Loss Adjuster (IIISLA), the only academic body of Insurance Surveyors and Loss Assessors in India.
Overview
More than 45 years of hard core Engineering, Heavy Industries, Finance, Insurance & Contracts Surveying experience in Indian and International arena with incredible achievements. The core area of expertise spans from Cement Plants, Oil Refineries, Fertilizer Plants, Automobile Industries, Thermal, Hydro, Solar & Windmill Electric Power Plants, Cold Storage, Heavy Engineering, Chemical Plants and Mines etc.
Qualifications & Education
B.Tech. Mechanical from IIT (Indian Institute of Technology) Bombay.(Degree-1972) Institute of Valuers.(Membership)
Chartered Engineer & Fellow Member.(Institute of Engineers)
Chartered Engineer Certification for MNRE (Ministry of New & Renewable Energy) (Membership).
Certified valuer for Insolvency and Bankruptcy Board of India (IBBI).
Certified valuer for Central Board of Direct Taxes (CBDT).
Life Member, Insurance Institute of India.(Mumbai)
Fellow Member of Indian Institute of Insurance Surveyors & Loss Assessors.(Hyderabad)
Global Bench
Banking, Finance & Investment Bench
Banking, financial services, fintech, insurance, risk, securities, and investment conflicts.
Services & Capabilities
ArbitrationExpert DeterminationPanels
Who this Neutral Serves
For International TradeFor Global CorporationsFor Lawyers & Legal Fraternity
Industry Experience
Financial ServicesProfessional Services
INDS™ Qualified
A. K. Govil is listed on the TheNeutrals.ORG™ Global Bench and is qualified under the INDS™ Neutral Evaluation methodology. Every engagement follows the six-stage INDS™ process: Intake, Information Gathering, Behavioural Assessment, Risk Analysis, Strategy & Settlement Feasibility, and Final Report. All four sub-frameworks (INDS-BF™, INDS-RG™, INDS-SFM™, INDS-SF™) apply to every evaluation engagement.