Venkat Dhenuvakonda (DV) Rao is Senior Vice President, Strategy and Business Planning for CMS Energy and its principal subsidiary, Consumers Energy. He was elected to this position in 2016.
Rao’s leadership responsibilities include corporate strategy, utility budgeting and sales forecasting, CMS Enterprises, CMS Land and EnerBank, with focus on strategy and financial planning.
Rao last served as Vice President, Treasurer, Financial Planning and Investor Relations. He was responsible for developing the financial plan for the company, managing corporate liquidity, financing and treasury operations, and maintaining relationships with investors, banks and rating agencies. Prior to this role, Rao served as Vice President of Financial Planning and Treasurer. As Treasurer, he also served as Chairman of CMS Energy’s Benefit Administration Committee, which is responsible for the investment management of the employee benefit plans, including pension, 401(k), health care and life insurance.
He joined CMS Energy in 1999 as a Financial Analyst in the global finance group. From 2000 to 2003, he handled several restructuring and project financing transactions for CMS Energy. In 2004, he joined Consumers Energy as Director of Financial Planning.
Before joining CMS Energy, Rao held project financing responsibilities for five years at ICICI Banking Corporation in Mumbai, India.
Rao earned a bachelor’s degree in mechanical engineering from the Indian Institute of Technology (IIT) in Mumbai and a post-graduate diploma in management from the Indian Institute of Management (IIM) in Lucknow. He is a Chartered Financial Analyst (CFA) charterholder. In 2010, he completed the Graduate Management Program at Harvard Business School.