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{{#seo:
{{#seo:
| title=CMA Rakesh Bhalla – Service retired
| title=CMA Rakesh Bhalla – Finance Professional and Business Executive
| title_mode=append
| title_mode=append
| keywords=CMA Rakesh Bhalla, CMA Rakesh Bhalla Service retired, CMA Rakesh Bhalla B.Com, CMA Rakesh Bhalla ICWA, CMA Rakesh Bhalla CMA, CMA Rakesh Bhalla Social Media Profit
| keywords=CMA Rakesh Bhalla, Rakesh Bhalla, CMA Rakesh Bhalla Finance Professional, CMA Rakesh Bhalla SML Isuzu, CMA Rakesh Bhalla CFO, CMA Rakesh Bhalla ICMAI, CMA Rakesh Bhalla ASSOCHAM, CMA Rakesh Bhalla RBAC Advisory Consortium, CMA Rakesh Bhalla Chandigarh
| description=CMA Rakesh Bhalla is a service retired professional with education in B.Com and ICWA (presently CMA), known for finding profit from social media.
| description=CMA Rakesh Bhalla is a finance professional, Fellow Member of the Institute of Cost Accountants of India and former CFO of SML Isuzu Ltd., with over 36 years of industry experience in finance, taxation, internal audit, IT, procurement and corporate leadership.
| image=CMA_Rakesh_Bhalla_Winsaa_Profile.jpeg
| image=CMA_Rakesh_Bhalla_Winsaa_Profile.jpeg
| image_alt=CMA Rakesh Bhalla profile image
| image_alt=CMA Rakesh Bhalla profile image
}}
}}
{{FeaturedSnippet
{{FeaturedSnippet
| snippet1=CMA Rakesh Bhalla is a service retired professional known for finding profit from social media.
| snippet1=CMA Rakesh Bhalla is a finance professional and Fellow Member of the Institute of Cost Accountants of India with over 36 years of industry experience.
| snippet2=Who is CMA Rakesh Bhalla? CMA Rakesh Bhalla is a service retired individual with a B.Com degree and ICWA qualification, presently CMA, who has experience in finding profit from social media.
| snippet2=Who is CMA Rakesh Bhalla? CMA Rakesh Bhalla is a former CFO and Chief Risk Officer of SML Isuzu Ltd. who has worked across finance, taxation, internal audit, IT, procurement and vendor development.
| snippet3=CMA Rakesh Bhalla Contact? CMA Rakesh Bhalla can be contacted via email at nancybhalla@yahoo.com and bhalla.rakesh.cma@gmail.com, and is active on Twitter, LinkedIn, Facebook, and Instagram.
| snippet3=CMA Rakesh Bhalla Contact? CMA Rakesh Bhalla can be contacted through his professional social media profiles and the email addresses provided in his profile.
| keywords=CMA Rakesh Bhalla, CMA Rakesh Bhalla Service retired, CMA Rakesh Bhalla B.Com, CMA Rakesh Bhalla ICWA, CMA Rakesh Bhalla CMA, CMA Rakesh Bhalla Social Media Profit
| keywords=CMA Rakesh Bhalla, Rakesh Bhalla, CMA Rakesh Bhalla Finance Professional, CMA Rakesh Bhalla SML Isuzu, CMA Rakesh Bhalla CFO, CMA Rakesh Bhalla ICMAI, CMA Rakesh Bhalla ASSOCHAM, CMA Rakesh Bhalla RBAC Advisory Consortium, CMA Rakesh Bhalla Chandigarh
}}
}}
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| caption = CMA Rakesh Bhalla Photo
| caption = CMA Rakesh Bhalla Photo
| born = 7th August 1962
| born = 7th August 1962
| nationality = Indian
| occupation = Finance Professional, Cost Accountant, Business Executive, Strategic Advisor
| education = B.Com, ICWA (presently CMA)
| education = B.Com, ICWA (presently CMA)
| occupation = Service retired professional, Cost Accountant, Strategic Advisor and Business Executive
| knownfor = Former CFO and Chief Risk Officer of SML Isuzu Ltd., Finance and Corporate Leadership
| knownfor = Cost Accounting, Corporate Leadership, Social Media Profit, Professional Leadership
| currentcity = Mohali, India
| currentcity = Mohali, India
| currentposition = MD & Chief Executive Officer, RBAC Advisory Consortium Pvt Limited
| currentposition = Founder, RBAC Advisory Consortium Pvt Ltd
}}
}}
CMA Rakesh Bhalla is a finance professional and Fellow Member of the Institute of Cost Accountants of India (CMA), with over 36 years of industry experience at SML Isuzu Ltd., formerly known as Swaraj Mazda Limited. During his tenure, he worked across Internal Audit, Taxation, Finance, Accounts, IT, Procurement and Vendor Development, and served as Chief Financial Officer and Chief Risk Officer.


CMA Rakesh Bhalla is a service retired professional with a background in commerce and cost accounting. He holds a B.Com degree and is qualified as an ICWA, presently known as CMA. He is recognized for leveraging social media to find profit.
==Early Life==


CMA Rakesh Bhalla is a service retired professional and cost accounting professional with experience in corporate leadership, finance, procurement, advisory services and professional organisations. He has held senior positions including Chief Financial Officer and Head of Procurement at SML Isuzu Ltd. and has served in leadership roles with the Institute of Cost Accountants of India and ASSOCHAM Chandigarh.
CMA Rakesh Bhalla was born on 7th August 1962. He is associated with Patiala and currently resides in Mohali, India.


==Early Life==
==Education and Professional Qualification==


CMA Rakesh Bhalla was born on 7th August 1962.
CMA Rakesh Bhalla holds a Bachelor of Commerce (B.Com) degree and is a Fellow Member of the Institute of Cost Accountants of India. He obtained the ICWA qualification, presently known as CMA.


He is associated with Patiala, India, and currently lives in Mohali, India.
==Career==


==Education==
CMA Rakesh Bhalla built a career spanning more than 36 years with SML Isuzu Ltd., formerly Swaraj Mazda Limited. During his long tenure, he served in multiple departments including Internal Audit, Taxation, Finance and Accounts.


CMA Rakesh Bhalla completed his Bachelor of Commerce (B.Com) degree and obtained the ICWA qualification, which is presently referred to as CMA.
He also headed the IT Department at SML for more than five years from 2007 to 2012. From 2019 to 2025, he led Procurement and Vendor Development for more than five years.


==Career==
He served as Chief Financial Officer and Chief Risk Officer at SML Isuzu Limited up to 30 September 2025, following a post-retirement extension of around five years.


CMA Rakesh Bhalla has experience in finding profit from social media platforms.
From October 2025 until May 2026, before superannuating from his corporate employment, he was involved in advisory functions as Advisor to the CEO of SML Mahindra, as stated in the provided profile.


===RBAC Advisory Consortium Pvt Limited===
==SML Isuzu Leadership==


CMA Rakesh Bhalla is associated with RBAC Advisory Consortium Pvt Limited as Managing Director and Chief Executive Officer.
CMA Rakesh Bhalla took over as CFO of SML Isuzu in February 2021 during the COVID-19 pandemic period.


He has served as MD & Chief Executive Officer of RBAC Advisory Consortium Pvt Limited as a self-employed professional since June 2026.
According to the provided information, during his leadership:


===SML Isuzu Ltd===
* Total income increased from ₹596.0 crores in FY 2020–21 to ₹2,405.1 crores in FY 2024–25. Q1 FY 2025–26 income was stated as ₹848.0 crores.
* EBITDA margin improved from -10.7% to +10%. Q1 FY 2025–26 EBITDA margin was stated as 12.6%.
* Profit increased from a loss of ₹133.4 crores in FY 2020–21 to ₹162.4 crores in FY 2024–25. Q1 FY 2025–26 profit was stated as ₹89.6 crores.
* The company's share price increased from ₹452 in March 2021 to more than ₹4,000 in July 2025, according to the provided information.
* Market capitalization increased from ₹654 crores to ₹5,788.65 crores, according to the provided information.
* The company declared a 180% dividend for FY 2024–25.


CMA Rakesh Bhalla had a long professional association with SML Isuzu Ltd., where he worked for approximately 39 years and 6 months.
==RBAC Advisory Consortium Pvt Ltd==


He served as Chief Financial Officer from March 1987 to October 2025.
After his retirement, CMA Rakesh Bhalla started RBAC Advisory Consortium Pvt Ltd to provide single-window business solutions.


From October 2025 onwards, he has been associated with SML Isuzu Ltd. as Adviser to the CEO.
He serves as the founder of the company and is associated with its advisory and business solution activities.


His responsibilities and professional experience included senior-level financial management and procurement leadership.
==Independent Director Registration==


===Bhartiya Janta Party Chandigarh===
CMA Rakesh Bhalla holds a lifetime registration certificate for the Independent Directors' Data Bank maintained by the Indian Institute of Corporate Affairs.


CMA Rakesh Bhalla has been associated with the Bhartiya Janta Party (BJP) Chandigarh as Convenor of the Professional Cell since July 2023.
The registration number provided is IDDB-DI-202511-082505.


===ASSOCHAM Chandigarh===
==Professional and Public Service==


CMA Rakesh Bhalla has served as Chairman of ASSOCHAM Chandigarh since April 2023.
CMA Rakesh Bhalla has a longstanding association with ASSOCHAM. He serves as Chairman of the Chandigarh Council and is a member of the National Managing Committee of ASSOCHAM.


His professional association with ASSOCHAM includes leadership and industry representation activities in Chandigarh.
He is also a Life Member of the Institute of Materials Management (IIMM).


===Institute of Cost Accountants of India===
At the Institute of Cost Accountants of India, he served as Vice President from 2022 to 2023 and as a Central Council Member.


CMA Rakesh Bhalla served as Vice President of the Institute of Cost Accountants of India from May 2022 to May 2023.
He is also involved in public and professional activities in Chandigarh. According to the provided profile, he serves as Convener of the Chandigarh BJP Professional Cell, Co-Convenor of the State Team for Next-Gen GST Reforms, and a member of the BJP Economic Cell.


His association with the institute reflects his involvement in the professional community of cost and management accountants.
He is also stated to be a member of the Chandigarh Administrators' Advisory Council and a member of the Standing Committee (Transportation) of Chandigarh.


==Professional Leadership==
==Awards and Recognition==


CMA Rakesh Bhalla has held leadership positions in professional and industry organisations.
CMA Rakesh Bhalla has received several professional and industry recognitions.


He served as Vice President of the Institute of Cost Accountants of India and has served as Chairman of ASSOCHAM Chandigarh.
===National Recognition===


He has also been associated with the Professional Cell of the Bhartiya Janta Party (BJP) Chandigarh as Convenor.
* CFO of the Year 2024–25 – Excellence in Turnaround, Confederation of Indian Industry (CII), 12 September 2025
* CFO Outstanding Performer Award 2024, Institute of Cost and Management Accountants of India (ICMAI), 23 June 2025
* Distinguished Supply Chain Management & Outstanding CFO Award, Institute of Materials Management (IIMM), 29 November 2024
* India CFO Award 2024, Biz Integration, 16 February 2024
* CMA Achiever Award 2016, Institute of Cost Accountants of India (ICAI), 28 May 2016


==Honors and Awards==
===International Recognition===


CMA Rakesh Bhalla has received professional recognition and awards during his career.
* Inspiring CFO 2025 – Indian Automotive Industry Global Excellence & Leadership Awards, Dubai


* Member of Business Delegation at the BRICS Summit, accompanying the Prime Minister of India at Rio, Brazil – July 2025
==Special Assignment==
* Distinguished SCM and Outstanding CFO Award – issued by IIMM, November 2024
* Best CFO Award – issued by India CFO Awards, May 2024
* CMA Achievers Award 2016 – issued by ICMAI, March 2016
* CMA CFO Award 2024 – issued by the Institute of Cost Accountants of India


The awards and recognitions are associated with his professional experience at SML Isuzu Ltd. and his association with the Institute of Cost Accountants of India, where applicable.
CMA Rakesh Bhalla was a member of a business delegation that accompanied Prime Minister Shri Narendra Modi to the BRICS Summit in Rio, Brazil, according to the provided profile.


==Professional Expertise==
==Professional Expertise==
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CMA Rakesh Bhalla's professional experience includes:
CMA Rakesh Bhalla's professional experience includes:


* Corporate Finance
* Cost Accounting
* Cost Accounting
* Corporate Finance
* Internal Audit
* Chief Financial Officer responsibilities
* Taxation
* Finance and Accounts
* Information Technology
* Procurement
* Procurement
* Vendor Development
* Supply Chain Management
* Corporate Risk Management
* Strategic Advisory
* Strategic Advisory
* Corporate Leadership
* Business Leadership
* Business Management
* Business Solutions
* Professional Organisation Leadership
 
* Supply Chain Management
==Professional Profile==
* Social Media Profit
 
CMA Rakesh Bhalla is a finance and business professional whose career combines corporate finance leadership with experience in IT, procurement, risk management, advisory services and professional organisation leadership.
 
His professional experience includes more than three decades with SML Isuzu Ltd., followed by the establishment of RBAC Advisory Consortium Pvt Ltd for single-window business solutions.
 
==Personal Details==
 
* Date of Birth: 7th August 1962
* Residence: #4551, Sector-70, Mohali
* Mobile: 9779010685
* Email: [nancybhalla@yahoo.com](mailto:nancybhalla@yahoo.com)
* Email: [bhalla.rakesh.cma@gmail.com](mailto:bhalla.rakesh.cma@gmail.com)
* Email: [rbac70@gmail.com](mailto:rbac70@gmail.com)


==External Links==
==External Links==

Revision as of 11:35, 22 August 2026


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|snippet=
|snippet2=Who is CMA Rakesh Bhalla? CMA Rakesh Bhalla is a former CFO and Chief Risk Officer of SML Isuzu Ltd. who has worked across finance, taxation, internal audit, IT, procurement and vendor development.
|snippet3=CMA Rakesh Bhalla Contact? CMA Rakesh Bhalla can be contacted through his professional social media profiles and the email addresses provided in his profile.
|keywords=CMA Rakesh Bhalla, Rakesh Bhalla, CMA Rakesh Bhalla Finance Professional, CMA Rakesh Bhalla SML Isuzu, CMA Rakesh Bhalla CFO, CMA Rakesh Bhalla ICMAI, CMA Rakesh Bhalla ASSOCHAM, CMA Rakesh Bhalla RBAC Advisory Consortium, CMA Rakesh Bhalla Chandigarh

}}

CMA Rakesh Bhalla is a finance professional and Fellow Member of the Institute of Cost Accountants of India (CMA), with over 36 years of industry experience at SML Isuzu Ltd., formerly known as Swaraj Mazda Limited. During his tenure, he worked across Internal Audit, Taxation, Finance, Accounts, IT, Procurement and Vendor Development, and served as Chief Financial Officer and Chief Risk Officer.

Early Life

CMA Rakesh Bhalla was born on 7th August 1962. He is associated with Patiala and currently resides in Mohali, India.

Education and Professional Qualification

CMA Rakesh Bhalla holds a Bachelor of Commerce (B.Com) degree and is a Fellow Member of the Institute of Cost Accountants of India. He obtained the ICWA qualification, presently known as CMA.

Career

CMA Rakesh Bhalla built a career spanning more than 36 years with SML Isuzu Ltd., formerly Swaraj Mazda Limited. During his long tenure, he served in multiple departments including Internal Audit, Taxation, Finance and Accounts.

He also headed the IT Department at SML for more than five years from 2007 to 2012. From 2019 to 2025, he led Procurement and Vendor Development for more than five years.

He served as Chief Financial Officer and Chief Risk Officer at SML Isuzu Limited up to 30 September 2025, following a post-retirement extension of around five years.

From October 2025 until May 2026, before superannuating from his corporate employment, he was involved in advisory functions as Advisor to the CEO of SML Mahindra, as stated in the provided profile.

SML Isuzu Leadership

CMA Rakesh Bhalla took over as CFO of SML Isuzu in February 2021 during the COVID-19 pandemic period.

According to the provided information, during his leadership:

  • Total income increased from ₹596.0 crores in FY 2020–21 to ₹2,405.1 crores in FY 2024–25. Q1 FY 2025–26 income was stated as ₹848.0 crores.
  • EBITDA margin improved from -10.7% to +10%. Q1 FY 2025–26 EBITDA margin was stated as 12.6%.
  • Profit increased from a loss of ₹133.4 crores in FY 2020–21 to ₹162.4 crores in FY 2024–25. Q1 FY 2025–26 profit was stated as ₹89.6 crores.
  • The company's share price increased from ₹452 in March 2021 to more than ₹4,000 in July 2025, according to the provided information.
  • Market capitalization increased from ₹654 crores to ₹5,788.65 crores, according to the provided information.
  • The company declared a 180% dividend for FY 2024–25.

RBAC Advisory Consortium Pvt Ltd

After his retirement, CMA Rakesh Bhalla started RBAC Advisory Consortium Pvt Ltd to provide single-window business solutions.

He serves as the founder of the company and is associated with its advisory and business solution activities.

Independent Director Registration

CMA Rakesh Bhalla holds a lifetime registration certificate for the Independent Directors' Data Bank maintained by the Indian Institute of Corporate Affairs.

The registration number provided is IDDB-DI-202511-082505.

Professional and Public Service

CMA Rakesh Bhalla has a longstanding association with ASSOCHAM. He serves as Chairman of the Chandigarh Council and is a member of the National Managing Committee of ASSOCHAM.

He is also a Life Member of the Institute of Materials Management (IIMM).

At the Institute of Cost Accountants of India, he served as Vice President from 2022 to 2023 and as a Central Council Member.

He is also involved in public and professional activities in Chandigarh. According to the provided profile, he serves as Convener of the Chandigarh BJP Professional Cell, Co-Convenor of the State Team for Next-Gen GST Reforms, and a member of the BJP Economic Cell.

He is also stated to be a member of the Chandigarh Administrators' Advisory Council and a member of the Standing Committee (Transportation) of Chandigarh.

Awards and Recognition

CMA Rakesh Bhalla has received several professional and industry recognitions.

National Recognition

  • CFO of the Year 2024–25 – Excellence in Turnaround, Confederation of Indian Industry (CII), 12 September 2025
  • CFO Outstanding Performer Award 2024, Institute of Cost and Management Accountants of India (ICMAI), 23 June 2025
  • Distinguished Supply Chain Management & Outstanding CFO Award, Institute of Materials Management (IIMM), 29 November 2024
  • India CFO Award 2024, Biz Integration, 16 February 2024
  • CMA Achiever Award 2016, Institute of Cost Accountants of India (ICAI), 28 May 2016

International Recognition

  • Inspiring CFO 2025 – Indian Automotive Industry Global Excellence & Leadership Awards, Dubai

Special Assignment

CMA Rakesh Bhalla was a member of a business delegation that accompanied Prime Minister Shri Narendra Modi to the BRICS Summit in Rio, Brazil, according to the provided profile.

Professional Expertise

CMA Rakesh Bhalla's professional experience includes:

  • Corporate Finance
  • Cost Accounting
  • Internal Audit
  • Taxation
  • Finance and Accounts
  • Information Technology
  • Procurement
  • Vendor Development
  • Supply Chain Management
  • Corporate Risk Management
  • Strategic Advisory
  • Business Leadership
  • Business Solutions

Professional Profile

CMA Rakesh Bhalla is a finance and business professional whose career combines corporate finance leadership with experience in IT, procurement, risk management, advisory services and professional organisation leadership.

His professional experience includes more than three decades with SML Isuzu Ltd., followed by the establishment of RBAC Advisory Consortium Pvt Ltd for single-window business solutions.

Personal Details

External Links