Ritankar Sahu

General Counsel & Chief Compliance Officer at TLC Modular Industries, Singapore/Auckland
Nationality: India
Course: FCPA Enforcement Challenges, and why Compliance Programs fail?

Ritankar Sahu specializes in stabilizing high-stakes construction projects, distressed assets management, and navigating strategic FCPA enforcement positioning, typically in environments where conventional playbooks do not work. With sharp instincts for operational triage and strategic resilience, he enables trading continuity under pressure.

He was brought into TLC Modular Industries by Asia-Pacific’s volumetric steel modular pioneer Alistair Sawer, and Goldman Sachs to stabilize the business during a critical inflection point. Leveraging disruptive funding models for off-the-chart exposures, Ritankar replaced static forecasting with real-time operational intelligence to drive decision-making. As the CEO’s go-to strategist, he engineered an adaptive capital playbook that seeks to halt aggressive cash burn, a workstream still in motion. His strategy not only stabilized cash hemorrhaging, but also bolstered compliance architecture, mitigating enforcement exposure and safeguarding the company's market edge. Ritankar oversees the delivery of audited financials that align with both regulatory expectations and operational reality, whist balancing market optimism. He manages shareholder interfacing and strategic concession frameworks, striving for alignment across stakeholders.

As a key operations officer on New Zealand’s landmark Northcote Elevation project, he navigates complex cross-border regulatory challenges, ensuring off-site prefabricated assemblies conform to complex local regulatory architectures and jurisdictional compliance protocols. As TLC expands into the U.S. and Australia through exclusive modular distribution partnerships, Ritankar orchestrates the integration of investor recovery priorities with asset-level performance metrics and tactical delivery execution. His expertise is especially valuable to U.S.-regulated financial

institutions navigating high-risk exposures where they lack direct operational oversight of asset-level functions, including procurement, government relations, and third-party intermediary management. When exposure is high and visibility is low, Ritankar delivers the clarity and command needed to protect value and stay ahead of enforcement risk. Ritankar began his career at Norton Rose, a top-tier international law firm, working across London and Abu Dhabi, before joining Jacobs Engineering Group, one of the world’s largest engineering and construction firms, where he worked across Singapore, Mumbai, and Hong Kong. He later served as General Counsel and Chief Compliance Officer at Maxpower Group, a Standard Chartered PE portfolio company, overseeing legal and compliance strategy across Singapore, Jakarta, and Rangoon. In this role, he also sat on the board of the Maxpower–Mitsui & Co., Ltd. joint venture, which operated power assets in Burma. Ritankar is a former Visiting Scholar at Duke University School of Law, Durham NC, where his research focused on the systemic reasons why compliance programs often fail in low- and middle-income countries. Ritankar enjoys travel, history, and is a horologist and a cigar connoisseur. Awards & Recognitions: · General Counsel Powerlist – Southeast Asia 2024 (The Legal 500) · General Counsel Powerlist (Green) - Southeast Asia 2023 (The Legal 500) · General Counsel Powerlist - Southeast Asia 2019 (The Legal 500) · IFLR Asia-Pacific Awards 2020 (Restructuring deal of the year): Maxpower Restructuring · UK Legalweek law.com 2020 Awards (Finance Deal of the Year - Insolvency & Restructuring shortlist): Maxpower