1) Mr. Arun Duggal – Chairman
Mr. Arun Duggal, ex MD& CEO – Bank of America, is an experienced international banker advising Corporates, major Financial Institutions and Private Equity Firms on Financial Strategy, M&A and Capital raising activities.
Mr. Duggal had a 26 years career with Bank of America, mostly in the U.S., Hong Kong and Japan, his last assignment being as Chief Executive of Bank of America in India from 1998 to 2001. He is a Mechanical engineer from the prestigious Indian Institute of Technology, Delhi and holds an MBA from the Indian Institute of Management, Ahmedabad. He teaches Venture Capital & Private Equity course at the Indian Institute of Management, Ahmedabad, as a visiting Professor.
2) Mr. Vikas Nanda
Mr. Nanda is the Business Head, India and Managing Director of Bibby Financial Services (India) Pvt. Ltd., a company engaged in provision of factoring services. During his 30 years of experience, Mr. Nanda has worked primarily in the areas of Corporate Marketing, Credit, Structured Trade Finance, International Trade and Banking Operations and has managed many major corporate and bank relationships.
Having started his career with State Bank of India, Mr. Nanda was promoted as Chief Manager responsible for Project Uptech in August 1991. Between January 1995 and February 1997, he was with American Express Bank; first as Director, Corporate Banking and then as Corporate Banking Head, at Kolkata. Between March 1997 and March 2001, he was with Bank of America; first as Corporate Banking Head and then Vice President, Asia Financial Institutions Group, Mumbai. In April 2001, he joined Foremost Factors, New Delhi, as its Managing Director & CEO and continued until September 2006, whereupon he joined Bibby Financial Services (India) Private Limited, as its Managing Director.
3) Mr. Kishore Moorjani – Nominee of Blackstone India ARC SG FDI Holding (NQ) Co. Pte. Ltd.
Mr. Kishore Moorjani is a Senior Managing Director and leads the Asia efforts for Blackstone's Tactical Opportunities Group.
Prior to joining Blackstone, Mr. Moorjani was the Founder and Chief Investment Officer of Credit Asia Capital, an Asian special situations investment firm he established in partnership with the Blackstone Strategic Alliance Fund. Prior to that, Mr. Moorjani was Co-Head of Asia at D.B. Zwirn, a $5 billion special situations investment firm, where he was involved in launching the Asian investment business. From 1998 to 2004, Mr. Moorjani was with Colony Capital, where he held various positions across several of the firm's offices, including serving as the CEO of Colony Capital Taiwan. Mr. Moorjani moved to Asia in 1995 with CBRE, where he was part of the founding team for the Indian operations that established the firm as a preeminent real estate services firm in India.
Mr Moorjani currently serves on the boards of Arena Living, DCI Technology Holdings, Emergent Logistics, La Trobe Financial and Partners Life Limited.
Mr. Moorjani received an MBA in Real Estate Finance and a BBA in Finance/Strategy (honors) from the Schulich School of Business at York University in Toronto.
4) Mr. Luv Parikh – Nominee of Blackstone India ARC SG FDI Holding (HQ) Co. Pte. Ltd.
Mr. Luv Parikh is a Managing Director in Blackstone’s Tactical Opportunities Group in Singapore. Mr. Parikh is involved in sourcing and executing transactions in Asia-Pacific. Since joining Tactical Opportunities, he has been involved in Blackstone’s investments in Partners Life (New Zealand), DCI Data Centers (pan-Asia) and International Asset Reconstruction Company (Indian NPL platform). Prior to Tactical Opportunities, Mr. Parikh was a Principal (and an Associate) in Blackstone’s Private Equity Group in Mumbai where he was involved in Blackstone’s investments in Trans Maldivian Airways, Hindustan Power, NCC, Monnet Ispat and Nuziveedu Seeds, among others.
Prior to joining Blackstone in 2008, Mr. Parikh was at Lehman Brothers in New York, where he was a part of the Financial Sponsors, Leveraged Finance and Corporate Advisory teams within investment banking. Prior to Lehman, Mr. Parikh was the CEO of an automobile distributorship company in India where he led a successful turnaround in the company’s profitability. Mr. Parikh started his career at Prudential Securities in the Private Equity Placements Group.
Mr. Parikh received a BS in Economics, with concentrations in Finance and Entrepreneurial Management from the Wharton School of the University of Pennsylvania in 1998. He also received an MBA from Columbia Business School in 2006, where he was a recipient of the Board of Overseers Fellowship and graduated as a member of the Beta Gamma Sigma Honors Society.
Mr. Parikh is an avid club cricketer and recreational tennis and golf player.
5) Mr. Praveen P Kadle – Nominee Director, Tata Capital Financial Services Limited
Mr. Praveen Kadle is the Chairman of Tata AutoComp Systems Limited, which is
Tata Group's arm in auto component business. An Honours Graduate in Commerce & Accountancy from the Bombay University, Mr. Kadle is member of the Institute of Chartered Accountants of India, Institute of Cost & Works Accountants of India and Institute of Company Secretaries of India.
Mr. Kadle has been working with the Tata Group for the last 27 years, first being Chief Financial Officer of Tata's Joint Venture with IBM in India for five years, then with Tata Motors Limited as Vice President (Finance). In 2001, Mr. Kadle was appointed as Executive Director - Finance and Corporate Affairs on the Board of Tata Motors Limited. During his tenure with Tata Motors Limited, Mr. Kadle played a major role in the turnaround and growth of Tata Motors and was also instrumental in the turnaround and financial restructuring of Tata Finance Limited. In 2008, Mr. Kadle started Tata Capital Limited which was Group's re-entry into Financial services which he managed till 31st March 2018. Over the last 10 years, Mr. Kadle made Tata Capital Limited into a successful full-fledged corporate and retail leading and private equity arm for the Tata Group.
Mr. Kadle is a member of the Board on various Tata and non-Tata companies and is actively involved with various public charitable institutions notably as the Board Member and Honorary Treasurer of Child Rights & You (CRY).
Mr. Kadle has been awarded with several recognitions for his contribution to Tata Motors Limited, prominent being 'CNBC-TV 18's Country's best performing CFO in the Auto & Auto Ancillaries sector for 2006', 'The Best CFO of the year 2005 in India' by Business Today, 'CFO of the year 2004' by IMA (formerly known as Economist Intelligence Unit) etc. In 2015, Mr. Kadle, was awarded the prestigious "Indian Business Leader of the year" by Horasis- the Global visions community an independent international organisation.
6) Mr. Jimmy Tata – Nominee Director, HDFC Bank Limited
Mr. Jimmy Tata has done his Master of Financial Management from Jamnalal Bajaj
Institute of Management and is also a Chartered Financial Analysts from the Institute of Chartered Financial Analysts of India. Mr. Tata has experience of 25 + years in the Banking and Financial sector.
Mr. Tata commenced his career in 1987 as a Consultant in Strategic Consultants Pvt Ltd. In 1989 he joined Apple Industries Ltd and the last position held was Head – in the Wholesale Leasing and Hire Purchase Division. Mr. Tata is associated with HDFC Bank since 1994. He joined as a Relationship Manager in Corporate Banking Department and over the years was promoted as Head of the Corporate Banking Department. In June 2013 he was appointed as Chief Risk Officer of HDFC Bank.
Mr. Tata is a Trustee on the HDB Employees Welfare Trust.
7) Mr. Madhukar R. Umarji
Mr. Madhukar R Umarji was Chief Advisor – Legal of the Indian Banks’ Association for the last twelve years and has rich experience in banking and other financial sector related laws.
A post-graduate in Law from Bombay University, Mr. Umarji represents a unique combination of experience as Legal Adviser of Banks (Bank of Baroda and Dena Bank), operational banker (Dena Bank and Corporation Bank) and a Central Banker as Executive Director, Department of Non-Banking Supervision, Reserve Bank of India. He has been actively involved in the process of financial and banking sector reforms in India undertaken by the Ministry of Finance and has represented the banking industry on various Committees and Working Groups set up by the Government and RBI, including Dr. J J Irani Committee on Reforms in Company Law. He was also member of the Bankruptcy Law Reforms Committee and Task Force for setting up Resolution Corporation. He was involved with the United Nations Commission on International Trade Law in preparation of Legislative Guide on Model Law for Secured Transactions, as a delegate from India and also UNIDROIT in preparation of Model Law on Lease of Movables. Sixth Edition of his book on SARFAESI Act has been published last year.