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Rakesh Prusti
Director - Legal, Regulatory Affairs and Compliance at Max Healthcare
Professional Background
Rakesh Prusti is a Specialist In-House Counsel with a remarkable career spanning over nineteen years in various sectors, including Healthcare, Trading, Information Technology, IT-enabled Services, Export, and Manufacturing. With extensive international experience, Rakesh has built a reputation for being a decisive functional expert and a problem solver who excels in diverse areas of law and corporate governance. His proficiency encompasses M&A transactions, contracts management, compliance management and training, ethics, corporate governance, litigations, and corporate secretarial management including board and shareholders meeting administration. Rakesh is also recognized for his keen business acumen, making him a significant contributor to bottom-line profitability.
Rakesh's impressive career showcases his ability to navigate both the Indian and international regulatory environments adeptly. His strong collaboration skills enable him to foster productive relationships across various stakeholder groups. He is highly motivated, creative, and adaptive, which allows him to respond effectively to the dynamic challenges of the corporate sector. As a testament to his skills, Rakesh is often acknowledged as a true business partner in organizations, setting him apart from his peers as an in-house advisor and business enabler.
Education and Achievements
Rakesh has a solid educational background that supports his professional endeavors. He holds a Bachelor of Law and has pursued advanced studies in Cost and Works Accountancy. Rakesh is also a member of the Institute of Company Secretaries of India, showcasing his commitment to staying informed and compliant with corporate regulations. Furthermore, he has a Bachelor of Science (Honors) degree, which complements his legal expertise with a scientific perspective, making him uniquely qualified for roles within technology and manufacturing sectors.
Throughout his career, Rakesh has held prominent roles in reputable organizations. Currently, he serves as the Director of Legal, Regulatory Affairs, and Compliance at Max Healthcare, where he oversees legal strategies to ensure corporate compliance and mitigate risks. Prior to this, he was the Director of Legal and Corporate Affairs and Company Secretary at Carrefour, where his responsibilities included managing legal compliance across a global retail framework.
Before joining Carrefour, Rakesh excelled as the Global Legal Head (Legal Counsel and Company Secretary) at NIIT Technologies Ltd. Here, he was pivotal in supporting the organization’s international expansion and providing legal guidance on complex transactions. His experience as the Assistant Vice President and Company Secretary at Global Vantedge, a ChrysCapital venture, equipped him with valuable insights into the operational nuances of a financial venture capital environment.
Additionally, Rakesh served as the Company Secretary at Cottage Industries Exposition, India’s leading silk carpet exporter, where he ensured compliance within a highly specialized industry that blends tradition with commerce. Each of these roles has contributed to Rakesh’s growth as a well-rounded legal professional who brings both depth and breadth of experience to his current position.
Notable Achievements
Rakesh Prusti's career is marked by several notable achievements that demonstrate his effectiveness and dedication to the legal profession. He has successfully negotiated complex commercial contracts that include services, outsourcing, franchise agreements, licensing, distribution, as well as sale and purchase agreements. His strategic approach to negotiations has not only led to favorable terms for his organizations but has also established long-lasting partnerships.
An advocate for compliance and transparency, Rakesh has developed and implemented comprehensive compliance management and training programs. These initiatives not only promote ethical business practices but also help organizations mitigate risks associated with regulatory non-compliance. Rakesh's commitment to ethics and corporate governance is evident through his involvement in various training programs designed to instill values of integrity and compliance within corporate cultures.
Rakesh’s adept management of litigations and corporate secretarial duties has resulted in streamlined operations and better governance frameworks for the organizations he has served. His proactive approach when dealing with legal challenges ensures that stakeholders are well-informed and prepared for any potential issues that may arise.
In addition to his professional accomplishments, Rakesh Prusti embodies the spirit of lifelong learning and development. His engagement with professional organizations, coupled with his ongoing educational pursuits, highlights his dedication to remaining at the forefront of the legal landscape. His ability to adapt to changing regulations and industry trends has played a crucial role in maintaining compliance and securing the success of the businesses he has worked with throughout his illustrious career.
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