The guest speaker shared insights from his 14-year career, highlighting the challenges he faced and encouraging students to embrace the journey, as it is the reward itself. He then discussed the financial services industry, focusing on the three stages of money laundering: placement, layering, and integration. Placement involves introducing illegal funds into the financial system, either directly or indirectly. Layering separates the illicit money from its source by creating complex transactions to obscure audits. Integration reintroduces the laundered money into the economy, making it appear legitimate. The speaker emphasized the importance of having a robust anti-money laundering compliance programme to detect, assess, and report financial crimes, ensuring business safety.
Chandrasekhar highlighted that an innovative mindset, confidence, and effective communication are key success factors in the corporate world. He further emphasized that business growth and expansion depend on careful planning, strategic decisions, and proactive execution. In conclusion, he noted that these principles are equally crucial for individual success. The session ended with a Q&A, and Melon Savion Dsouza, a first-year MBA student, compered the programme.