Rakesh is a firm believer in meritocracy for all aspects race, gender, colour and religious beliefs and as a result the organisation now has their first ever ethnic minority CFO, first ever ethnic minority and first female NEDs. The organisation works on the ethos that setting the standard from the top leads to trickle down of opportunity at all levels throughout the company. Not only is Rakesh an independent member of a high immigrant Multi Academy Trust but he has also issued a policy for all of his business units to be involved with their local schools with work experience and internships. In addition, he has been heavily critical, and written to the Davies Commission, of the bias towards women on Boards when there is more discrimination towards ethnic minorities and is delighted that there is now a commission aimed towards improving equality and inclusion for the BAME community as well.
Rakesh is the executive director in charge of the entire company with approximately 5,500 people in the UK, US, Canada, Australia, India and China. He has promoted on merit, resulting in the first Asian M&A Director, the first black company President, the first Hispanic COO and the first black female VP being appointed under his leadership.
Ultra operates in four markets; Defence & Aerospace, Cyber Security & Surveillance, Transport and Energy. Ultra has grown up during Rakeshs tenure and some years ago he discussed Ultra with Lord Mandelson, when he was UK Trade Secretary, who commented Ultra are the best British engineering company that I have never heard of.
When Rakesh became Chief Executive he was determined to make Ultra more visible within Government. He can now say that now not only does he engage with the Government and the Opposition in the UK but that he is also known on Capitol Hill in the US and by the Australian Government and South Australia State Government. So much so, that Ultra have participated in a No. 10 commission on nuclear degree apprenticeships and have people embedded in UKTI and DECC.