Summary
Overview
Work History
Education
Skills
Custom Section
Languages
Certification
Timeline
Generic

Dharmessh Desai

Thane

Summary

Accomplished Country Manager specializing in money changing operations, now targeting strategic growth in the Gold Jewelry market in Dubai and Mumbai. Expertise in optimizing profitability and efficiency by developing high-performing management teams. History of leading businesses to significant growth while promoting a collaborative and innovative workplace culture. Strong relationship builder with a focus on client and stakeholder engagement across multiple industries.

Overview

27
27
years of professional experience
1
1
Certification

Work History

Manager - Corporate Strategy

Thangals Jewellery LLC
Dubai
05.2024 - Current
  • Optimized jewellery export strategies from India, enhancing overall trade operations.
  • Secured TRQ facilities, resulting in 1% duty savings of 1.5 Crores on gold imports from UAE.
  • Oversaw research desk for daily market analysis in gold and silver, achieving predictive accuracy of up to 75%.

Country Head

Daspan Forex P. Ltd
Mumbai
12.2016 - 01.2024
  • Established 13 branches in India, achieving a remarkable growth in business turnover from Rs. 47 Crores to 1482 Crores, and a net profit increase from 12 lacs to 85 lacs within 2 years, significantly elevating the company`s market presence and financial performance.

Sr. Area Manager

Transcorp International Ltd
Mumbai
01.2012 - 08.2016
  • Expanded business in B to B segment from Rs. 25 Crores to Rs. 250 Crores in the span of 3 years of business operations and was awarded a "Shabash Award" in Bangkok for consistent performance.

Sr. Manager

Wall Street Finance Ltd
Mumbai
03.2011 - 09.2011
  • Increased arbitrage business revenue by 25% through strategic development and expansion across multiple branches, resulting in improved profitability and market presence.

Branch Manager

Tata Capital Forex Ltd
Mumbai
03.2007 - 02.2011
  • Achieved a 50 % increase in Andheri Branch`s profitability within the first year by securing new corporate accounts, ultimately earning the Certificate of Excellence for Outstanding performance in selling Axis Bank Ltd Forex Cards in Bangkok.
  • Earlier known as T. T. Forex - A Division of T T Holdings And Services P. Ltd.

Forex Manager

Pearl International Tours and Travels P. Ltd
Mumbai
10.2002 - 03.2007
  • Drove a fourfold increase in initial capital from Rs. 20 lacs to Rs. 80 lacs in over 5 years through the successful establishment and growth of a foreign exchange department within a travel agency, gaining recognition from Amex TRS for a trip to Mauritius in February 2004.

Manager Operations

Supama Forex P. Ltd
Mumbai
11.1998 - 09.2001
  • Had successfully established a reputable brand name in the money changing business, particularly in Mumbai, with branch expansions in Surat and Cochin.
  • Pioneered in currencies exports to the Federal Exchange, Dubai from both Mumbai and Cochin locations.
  • Earlier known as Wall Street Interchange P. Ltd.

Education

MBA - Finance

University Of Mumbai
12.2016

Diploma - In Commodities Markets

Welingkar Institute
12.2007

Bachelor Of Commerce -

University Of Mumbai
04.1992

Skills

  • Organizational development
  • Resource mobilization
  • Staff management
  • Operational procedures
  • Client relationship management
  • Marketing strategy
  • Customer portfolio management
  • Cross-functional leadership
  • Business administration
  • Financial management

Custom Section

  • Improved overall operational efficiency by 15% through streamlining general job responsibilities, resulting in cost savings and increased productivity.
  • Increased new client acquisition by 25% and retained 90% of existing customers, resulting in a 15% growth in overall sales.
  • Identified and implemented a business strategy that resulted in a 25% improvement in customer satisfaction, leading to increased customer retention and loyalty.
  • Streamlined communication with government departments, resulting in 20% faster resolution of regulatory issues and improved compliance.
  • Implemented strategic decision-making framework, reducing team conflicts by 25% and fostering a more cohesive and efficient work environment, ultimately improving overall team performance.
  • Prepared comprehensive business reports that led to a 20% reduction in operational costs, optimizing resource allocation and improving financial performance.
  • Ensured business expenditure remained within agreed budgets, resulting in cost savings and improved financial predictability for the company.
  • Establishing a strong company reputation in the forex market & amongst customers, leading to a 20% boost in customer satisfaction and retention rates.

Languages

English
Advanced
C1
Hindi
Elementary
A2
Gujarati
Intermediate
B1
Marathi
Beginner
A1

Certification

  • Inventory Management - Gold Jewelry - Great Learning
  • GJEPC - EMP - Jewelry Export Course

Timeline

Manager - Corporate Strategy

Thangals Jewellery LLC
05.2024 - Current

Country Head

Daspan Forex P. Ltd
12.2016 - 01.2024

Sr. Area Manager

Transcorp International Ltd
01.2012 - 08.2016

Sr. Manager

Wall Street Finance Ltd
03.2011 - 09.2011

Branch Manager

Tata Capital Forex Ltd
03.2007 - 02.2011

Forex Manager

Pearl International Tours and Travels P. Ltd
10.2002 - 03.2007

Manager Operations

Supama Forex P. Ltd
11.1998 - 09.2001

MBA - Finance

University Of Mumbai

Diploma - In Commodities Markets

Welingkar Institute

Bachelor Of Commerce -

University Of Mumbai
Dharmessh Desai