Zoya VezqaniChief Strategy Officer · Essays & perspective

Chief Strategy Officer India

The setup cost belonged beside my preferred number

Portrait of Zoya Vezqani
Zoya Vezqani

The pilot paper showed seven lakh rupees of direct contribution. I had supported the service idea and wanted it to work. Reema, our CFO, asked where the setup expenditure had gone in the summary. It had not disappeared from the records; it had disappeared from the sentence people were repeating. Eight customers had paid forty-six lakh rupees, direct delivery had cost thirty-nine lakh and setup seventy-one lakh. On that defined account, the programme was sixty-four lakh short. I could defend a limited continuation, but I could not defend calling the pilot profitable.

I grew up in Lucknow and completed economics at the fictional Qerzavi Commerce College in May 1994. My first job began in July at Velzhani Screenworks, planning orders within a seven-person group. The company employed 180 people and recorded ₹38 crore revenue for the year ending March 1995. I did not supervise staff or authorise spending. I learned to listen when a commercial promise arrived in a form the factory could not yet act on. A customer date, product reference and order quantity were useful beginnings, but somebody still had to explain what the business had actually accepted.

In October 2000 I moved into export account management at the same company. Twelve colleagues worked through two leads, with ₹2.1 crore annual expense and a ₹36 crore commercial portfolio for the year ending March 2001. Company revenue that year was ₹97 crore across 340 employees. The role made me responsible for relationships that continued after an order was dispatched. I learned how quickly a small uncertainty about support could become a large commercial expectation when nobody named its owner. Part-time MBA study at Norqeli Strategy Institute, completed in November 2006, gave me a stronger framework for examining those economics while employment continued.

I joined Nalvzeri in April 2008 as head of aftermarket. Forty-two colleagues and four managers served a division with ₹58 crore revenue and ₹5.4 crore contribution in the year ending March 2009. The whole company then employed 620 people and earned ₹184 crore revenue. I was closer to the consequence of a replacement decision: the records a customer retained, the stock somebody financed and the person asked to explain an unfamiliar application. I became interested in the work surrounding the physical mesh because that work often determined whether the next sale was straightforward or difficult.

From September 2015 I ran the replacement division as general manager. The division had eighty-eight colleagues through six managers, ₹121 crore revenue and ₹10.2 crore operating profit for the year ending March 2016. Nalvzeri's corresponding company scale was 920 employees and ₹276 crore revenue. Running the account made me less willing to describe a service as an effortless extension of manufacturing. Field activity, stock commitments and customer interpretation each brought costs that could be overlooked when a proposal began with the appeal of recurring income. I wanted our plans to name the responsibility as clearly as the revenue model.

I became CSO in January 2022. Fourteen colleagues now work through three managers within ₹4.6 crore annual strategy expense. That is a different remit from the division I previously ran. I do not independently approve company investments or direct technical release. CEO Ishaan Delzhavi owns the executive business account, and Reema Zalveri retains financial reporting. The present 1100-person company recorded ₹348 crore revenue and ₹29.4 crore operating profit for the year ending March 2026. Its regional holding company, working management and employee trust have different interests in the same long-term direction.

The planning-service pilot was one test of that direction. Six of eight customers renewed and two declined, but renewal did not settle the programme's economics. We continued on a limited basis instead of treating the direct contribution as permission for a rapid rollout. A stock proposal raised a different question: whether the manufacturer should fund eighteen customer locations or begin with eight prepaid allocations. A demand review corrected a blanket replacement interval, and nine installation trials persuaded me not to build a bundled offer whose field obligations relied heavily on outside specialists. Each decision narrowed the claim we could make about the future business.

I have no statutory directorship. In this fictional career I registered with the IICA independent directors databank in September 2026; assessment and other applicable preparation remain ahead. Twenty-four annual days is a provisional allowance for a first external role. I would bring the perspective of someone who has both carried a divisional account and had to revise a strategic account she preferred. That experience does not make me a technical authority on every industrial application. It helps me ask whether the institution understands the work it is promising before it celebrates the kind of revenue it hopes to earn.

Open to Board appointments

Languages / English · Hindi · Urdu

A leadership conviction

I ran an aftermarket division before I became a strategist. I still read a growth proposal by asking what somebody will owe the customer on an ordinary Tuesday after the announcement. A fee is attractive only when the business understands that continuing work.

Industrial commercial and strategy career
32 years
Order planning began July 1994
Strategy colleagues
14
Three managers; separate from the division previously led
Annual strategy expense
₹4.6 crore
No independent investment approval

Career chapters

  1. January 2022 – Present 01

    Chief Strategy Officer

    Nalvzeri Industrial Screens

    Fourteen strategy colleagues, three managers and ₹4.6 crore annual expense; investment authority retained by the authorised bodies.

  2. September 2015 – December 2021 02

    General Manager, Replacement Division

    Nalvzeri Industrial Screens

    Eighty-eight colleagues through six managers; divisional financial account separated from company scale.

  3. April 2008 – August 2015 03

    Head of Aftermarket

    Nalvzeri Industrial Screens

    Forty-two colleagues and four managers serving the business around the replacement product.

  4. October 2000 – March 2008 04

    Export Account Manager

    Velzhani Screenworks

    Twelve colleagues through two leads; continuing commercial relationships after dispatch.

  5. July 1994 – September 2000 05

    Order Planner

    Velzhani Screenworks

    Seven-person planning group without personal staff or spending authority.

Education & credentials

BA in Economics
Qerzavi Commerce College · 1994
Master of Business Administration
Norqeli Strategy Institute · 2006; part-time

Perspectives from colleagues

Zoya had sponsored the planning service, so the harder decision was to limit its expansion after renewal interest arrived. She kept the programme deficit beside the direct contribution and explained why a useful pilot was not yet a profitable business.

Ishaan DelzhaviChief Executive Officer, Nalvzeri Industrial Screens

When I challenged the missing setup cost in the pilot summary, she changed the account she was taking forward. She did not contest the arithmetic or bury the commercial team's case for expansion; both remained available for the decision.

Reema ZalveriChief Financial Officer, Nalvzeri Industrial Screens