Pursuant to the orders of the National Company Law Tribunal (Mumbai) (“NCLT”) dated October 1, 2018 and October 3, 2018, the Board of IL&FS was reconstituted and new Directors of the Company were appointed. The new Board had its first meeting on October 4, 2018 and have since been working to preserve value by taking necessary steps with respect to the Company and its subsidiaries, joint ventures and associates.
Mr. CHANDRA SHEKHAR RAJAN, Non-Executive Chairman of the Company, is an IAS Officer of the 1978 Batch, who retired as Chief Secretary, Rajasthan, on June 30, 2016. He then served as Deputy Chairman, Chief Minister’s Advisory Council till December 2018.
Mr. NAND KISHORE, Managing Director of the Company, is a 1981 batch officer of Indian Audit and Account Service. He retired as Deputy Comptroller and Auditor General (Dy. CAG) in the rank and pay of Secretary to Government of India. As Dy.
Dr. MALINI SHANKAR, Director of the Company, an IAS Officer of 1984 batch, retired as Director General, Shipping, Government of India (GoI), on December 31,2018. She was appointed as Director by the GoI on the Board of the Company with effect from October
Mr. GURUMOORTHY MAHALINGAM has served as Executive Director of RBI and Whole-Time Member of Securities and Exchange Board of India (SEBI). He is MSc in Statistics and Operations Research from IIT Kanpur and an MBA in International Banking and Finance from Birmingham Business School.
Mr. UDAY KOTAK, ex-Chairman of the Company, holds a bachelor’s degree in Commerce and a MMS degree from Jamnalal Bajaj Institute of Management Studies, Mumbai. Mr. Kotak is the Managing Director and CEO of Kotak Mahindra Bank Limited.
Mr. VINEET NAYYAR, ex-Executive Vice Chairman of the Company, has led several organizations across various industries. In a career spanning over 50 years, Mr. Nayyar has worked with the Government of India, international multilateral agencies
Mr. BIJAY KUMAR, ex-Dy Managing Director of the Company, is an IAS Officer of the 1986 Batch. Mr. Kumar retired as Additional Chief Secretary (Agriculture, ADF & Marketing), Government of Maharashtra. Mr. Kumar also worked as Principal
Mr. GIRISH CHANDRA CHATURVEDI, ex-Director of the Company, is the Chairman of the Board of Directors of ICICI Bank. He is also the Chairman of IL&FS Energy Development Co. Limited. He is from the 1977 batch of the IAS UP cadre,
Mr. NATARAJAN SRINIVASAN, Director of the Company, is an Associate Member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. Mr. Srinivasan has 34 years of experience in the areas of financial
Dr. DEEPAK MOHANTY has served as Director of RBI and Whole-Time Member of Pension Funds Regulatory and Development Authority (PFRDA). He has graduated with a Bachelor's degree in Economics with Honors from Ravenshaw College, Cuttack, in 1979, before going to Jawaharlal Nehru University for his Master's degree. He also holds a Master's degree in Economics from Yale University.