Hemalatha Sivasubramanian: Marching Ahead With Ethics & Righteous Principles
Hemalatha Sivasubramanian
Chief Legal & Compliance Officer
Hemalatha Sivasubramanian is such an ideal professional and an accomplished CCO who has been helping companies and government bodies to achieve positive compliance culture by continuously showcasing her rich expertise. With befitting legal and compliance risk management strategy and effective compliance policy, she helps companies to experience ground-breaking stability, credibility, reliability, and success. She has been exposed to the evolving laws, regulations, and court practices even while she was pursuing her graduation. Hemalatha comes with varied experience in regulatory, legal, corporate secretarial, audit, governance, and statutory compliance. She is an elixir to National Commodity Clearing on compliance issues. As the CCO, she is steering down the issues and promoting business success. Despite a world of challenges confronting the company in commodity space, she is making fair plans for its growth and stability. Hemalatha transformed her role
beyond a CCO and is more known as a culture curator, a cross functional legal advisor and compliance officer, and an enabler, for the organization. In an exclusive interview with CEO Insights, she speaks about her professional journey and her strategies to create the right compliance control framework.
Brief us on your educational and professional background? How is experience giving you an edge among the other leaders in the market?
While studying my law degree from Govt. Law College at Chennai (I graduated in 1992), I got an opportunity to work and experience court practices. I was able to experience indepth knowledge in corporate laws, securities laws, and corporate governance, legislation, and more. I have in my career worked for multiple reputed firms in multiple areas. Over some time, I gained complete exposure to working in public and private sectors. The rich experience and exposure to various segments including extensive interaction with the government departments set me apart from most of the peers.
As a CCO, what corporate strategies have you leveraged to ensure organizational stability?
As Compliance professional, I believe that an organization should inculcate the habit of compliance.They must create a trust worthy and transparent work culture. At the same time, we must be credible and reliable service providers. We should propel such a compliance culture that If someone wants to question us or deep dive into our governance or legal affairs, they should think twice. I believe that a properly planned and executed compliance management system might be challenging at the initial face. However, it ensures that the business grows sustainably without risking the company's
Every organization should embrace the right attitude and mindset for building a transparent, ethical, and legally compliant culture
Brief us on your educational and professional background? How is experience giving you an edge among the other leaders in the market?
While studying my law degree from Govt. Law College at Chennai (I graduated in 1992), I got an opportunity to work and experience court practices. I was able to experience indepth knowledge in corporate laws, securities laws, and corporate governance, legislation, and more. I have in my career worked for multiple reputed firms in multiple areas. Over some time, I gained complete exposure to working in public and private sectors. The rich experience and exposure to various segments including extensive interaction with the government departments set me apart from most of the peers.
As a CCO, what corporate strategies have you leveraged to ensure organizational stability?
As Compliance professional, I believe that an organization should inculcate the habit of compliance.They must create a trust worthy and transparent work culture. At the same time, we must be credible and reliable service providers. We should propel such a compliance culture that If someone wants to question us or deep dive into our governance or legal affairs, they should think twice. I believe that a properly planned and executed compliance management system might be challenging at the initial face. However, it ensures that the business grows sustainably without risking the company's
reputation and at the same time, giving it the required stability. Therefore, it is necessary to have a strong compliance system.
Give us an overview of the National Commodity Clearing
National Commodity Clearing Limited (NCCL) is a Clearing Corporation and a subsidiary of the National Commodity & Derivatives Exchange Ltd. (NCDEX), which is India's leading Agricommodity exchange. NCCL renders clearing and settlement services for all trades executed on the exchange and is committed to providing a robust and transparent risk management platform for the collective benefit of the Agri ecosystem. We have a stringent legal and compliance framework in place, which is available on the website.
Highlight some of your milestones achieved so far.
When I just started my career, I got the huge responsibility of managing the legal and compliance affairs of an entire zone. It was a lot of weight on my shoulder.The experience made me realize my potential and gain confidence.
I have taken up multiple roles in the organization that I have served to create a strong control environment in the organization. I have developed effective relationships with regulators. Because of my legal background and business understanding, I was part of drafting committee on forwarding contracts regulation act 1952 Amendment bill and the Warehousing Development and Regulatory Authority Act. I was part of the subgroup assisting the planning commission on Internal agrimarkets integration. Having efficiently handled multiple portfolios, I have been successful in creating a culture of good practices in compliance as well as building upon strategies for seamless operations at NCCL.
Hemalatha Sivasubramanian, Chief Legal & Compliance Officer, National Commodity Clearing.
Worked As Edelweiss Agri Value Chain Ltd, Chief Legal &Compliance Officer, Executive Vice President at NCDEX Ltd,Law Officer at Corporation Bank, Associate at Asst central Govt Standing Counsel.
Give us an overview of the National Commodity Clearing
National Commodity Clearing Limited (NCCL) is a Clearing Corporation and a subsidiary of the National Commodity & Derivatives Exchange Ltd. (NCDEX), which is India's leading Agricommodity exchange. NCCL renders clearing and settlement services for all trades executed on the exchange and is committed to providing a robust and transparent risk management platform for the collective benefit of the Agri ecosystem. We have a stringent legal and compliance framework in place, which is available on the website.
Highlight some of your milestones achieved so far.
When I just started my career, I got the huge responsibility of managing the legal and compliance affairs of an entire zone. It was a lot of weight on my shoulder.The experience made me realize my potential and gain confidence.
I have taken up multiple roles in the organization that I have served to create a strong control environment in the organization. I have developed effective relationships with regulators. Because of my legal background and business understanding, I was part of drafting committee on forwarding contracts regulation act 1952 Amendment bill and the Warehousing Development and Regulatory Authority Act. I was part of the subgroup assisting the planning commission on Internal agrimarkets integration. Having efficiently handled multiple portfolios, I have been successful in creating a culture of good practices in compliance as well as building upon strategies for seamless operations at NCCL.
Hemalatha Sivasubramanian, Chief Legal & Compliance Officer, National Commodity Clearing.
Worked As Edelweiss Agri Value Chain Ltd, Chief Legal &Compliance Officer, Executive Vice President at NCDEX Ltd,Law Officer at Corporation Bank, Associate at Asst central Govt Standing Counsel.