IL&FS - Board of Directors

Mr. Vineet Nayyar

Ex-Executive Vice Chairman

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 and in the Corporate Sector (both Public and Private). He started his career with the Indian Administrative Service and held a series of senior positions, including that of a District Magistrate, Secretary - Agriculture & Rural Development for the Government of Haryana and Director, Department of Economic Affairs, Government of India. He also worked with The World Bank for over 10 years in a series of senior assignments, including successive terms as the Chief for the Energy, Infrastructure and the Finance Divisions for East Asia and Pacific. Mr. Nayyar was also the founding Chairman and Managing Director of the state-owned Gas Authority of India and has served as the Managing Director of HCL Corporation Ltd., and as the Vice Chairman of HCL Technologies Ltd.

He was also a co-founder and Chief Executive Officer of HCL Perot Systems. Mr. Nayyar received a Master’s Degree in Development Economics from Williams College, Massachusetts. Mr. Nayyar was also the Vice Chairman of Tech Mahindra Ltd and under his leadership Tech Mahindra took-over Satyam Computer Services Ltd and revived it from the brink of collapse. In addition, Mr. Nayyar is also the Chairman of Tech Mahindra Foundation and Mahindra Educational Institutions.

Mr. Nayyar was appointed as Director of the Company by the Government of India w.e.f. October 01, 2018 and appointed as Vice Chairman and Managing Director of the Company w.e.f.October 04, 2018. He held the position of Executive Vice Chairman of the Company w.e.f. April 03, 2019. Mr Nayyar resigned from the Board effective October 31, 2020