Mr. Kaul, is the Executive Vice Chairman and CEO of CMS. Rajiv took over CMS in 2009, when The Blackstone Group bought a majority stake in the company. In 7 years, Rajiv led a radical restructuring and transformation of CMS into the world’s 4th largest ATM Cash Management company that processes and manages more than 50% of all cash in ATM circulation in India. Previously, he was a Partner at Actis Capital LLP (UK), a leading emerging markets private equity firm looking after the Technology sector. Prior to Actis, Rajiv spent 10 years with Microsoft Corporation, in various leadership roles in India and the U.S., including Country Manager for India (2001-2005).
His stint with Microsoft India coincided with an industry-defining period for the Indian IT industry. He grew MS India business three fold, while pushing the company to invest an unprecedented $400Mn in India, in 2001. He was also the architect of Microsoft’s largest philanthropic effort in India: Project Shiksha, a Rs. 100 Cr investment towards capacity building in thousands of government schools across India.
Rajiv has a Master’s degree in Business Administration from XLRI, Jamshedpur, with a Gold Medal in Marketing. He received his Bachelor’s Degree in Engineering (Computer Science) from the Birla Institute of Technology, Mesra.