Mr Rashesh ShahChairman C

Mr. Rashesh Shah, co-founder of the Company has over 25 years of diverse experience in the financial markets sector. He has been instrumental in building Edelweiss into one of India’s leading diversified financial services conglomerates. He has previously been on the Executive Commi ee of the National Stock Exchange and also on the SEBI (Securities and Exchange Board of India) commi ee to review Insider Trading Regulations. He has recently been appointed as

ice President of FICCI and also serves as the Chairman of Maharashtra State Council of FICCI. His qualifications include an MBA from IIM, Ahmedabad and a Diploma in International Trade from the Indian Institute of Foreign Trade, New Delhi.

Mr Venkat Ramaswamyecutive Director

Mr. enkat Ramaswamy is an MBA from the University of Pi sburgh, United States of America and a Bachelor’s Degree holder in Electronics Engineering. He is widely recognised as one of India’s finest deal makers. Amongst his responsibilities at Edelweiss, he also Co-Heads two of the Group s most strategic businesses – Distress Assets & Resolution business and Global Asset Management, while continuing to play a mentorship role with the Edelweiss Investment Banking business. A er having worked in ICICI Ltd. and as a fund manager with Spartek Fund – one of India’s early PE fund – enkat co-founded Edelweiss Financial Services Limited.

Mr Himanshu ajiecutive Director

Mr. Himanshu Ka i, Group Chief Operating Officer, is responsible for the overall functioning of Corporate Planning, Operations, Technology, Business Solutions, Governance, Compliance, Finance, Stakeholder Relations, Global Risk, Resources, Legal, Administration, Digital Initiatives, Information Security and Corporate Controls functions of the Group. He brings vital expertise and is involved in strategy development and implementation. Before oining Edelweiss in 2009, he served as corporate advisor to various large organisations in the financial services sector. He was Honorary Treasurer & Spokesman and Director of Bombay Stock Exchange (BSE) from 1999 to 2002. Presently, he is a member of the Secondary Market Advisory Commi ee of SEBI. Himanshu is a qualified Chartered Accountant with a Post-graduate Diploma in Securities Law.

Mr Rujan Panjwaniecutive Director

Mr. Ru an Pan wani, Executive Director, Edelweiss Financial Services Limited has almost three decades of experience in the financial services industry across all asset classes. Over the last 16 years at Edelweiss, he has played a key role in se ng up several businesses and functions for the Group including Asset Management, Credit, Group Treasury and the Balance Sheet unit. Ru an also plays a key role in several strategic initiatives for the Group including driving its Human Resources, Strategy and Business development. He is a member of the Assets & Liabilities Commi ee that primarily manages the Group’s balance sheet and the Global Risk Commi ee, the highest decision making body in Edelweiss on Risk-related issues. Besides being on the Board of Directors of Edelweiss Financial Services, he is Executive Director of Edelweiss Commodities Service Limited and also on the Board of Edelweiss Asset Management Company.

Ms Vidya Shahon ecutive Director

Ms. idya Shah is presently responsible for the philanthropic activities of Edelweiss Group. She oined Edelweiss in 2000. She was the Chief Financial

Officer of Edelweiss Financial Services Limited and has also overseen important functions such as Human Resources and Administration. She has spent the first 11 years of her career in investment banking with companies like ICICI, Peregrine and NM Rothschild in Mumbai where she advised corporations in capital raising and M&A transactions. She is currently on the Boards of various non-profit organisations. idya has a Bachelor’s Degree in Commerce and an MBA from IIM, Ahmedabad.

Mr P VenkatachalamIndependent Director

Mr. P. N. enkatachalam has wide experience in the banking sector in India and abroad and has also worked in the so ware industry in banking and finance verticals. He oined State Bank of India in 1967 and retired in 2004 as its Managing Director. He was a member of the Interim Pension Fund Regulatory Authority of India and a Director on the Board of Small Industries & Development Bank of India (SIDBI). Mr. enkatachalam serves on the Boards of various companies. Mr. enkatachalam holds a Master’s Degree in Economics and is a Certified Associate from the Indian Institute of Bankers.

Board of Directors

38 | Board of Directors

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Mr Berjis DesaiIndependent Director

Mr. Ber is Desai is the Senior Partner of . Sagar Associates, one of India’s leading law firms. He has varied experience in the legal field, with specialisation in Corporate Law, Mergers & Acquisitions, Derivatives, Securities & Financial Laws, International Business Laws and International Commercial Arbitration. Mr. Desai serves on the Boards of various companies. Mr. Desai holds a Master’s Degree in Law from the University of Cambridge, UK.

Mr Sanjiv Misra Independent Director

Mr. San iv Misra is the Chairman of the Asia Pacific Advisory Board of Apollo Management. He is also President of Phoenix Advisers Pte, a consulting and principal investing firm. He spent his career at Goldman Sachs and Citigroup. Mr. Misra holds a Bachelor of Arts Degree in Economics from St Stephen’s College, Delhi University, an MBA from IIM, Ahmedabad and a Master of Management Degree from the . L. Kellogg Graduate School of Management.

Mr Sunil MitraIndependent Director

Mr. Sunil Mitra belongs to the 1975 batch of the Indian Administrative Service. He has held diverse positions in Government of India such as Disinvestment Secretary, Revenue Secretary & Finance Secretary. In his stint with the Ministry of Finance, Government of India, Mr. Mitra was engaged in designing significant tax reforms. As a part of the West Bengal Government, he was responsible for designing and implementing widespread policy reforms in the state-owned public sector enterprises. Mr. Mitra serves on the Boards of various companies. Mr. Mitra holds a Bachelor’s Degree in Science from Delhi University.

Mr avtej S andraIndependent Director

Mr. Navte S. Nandra is a Distinguished isiting Fellow at the National University of Singapore. He also serves on the Boards of the Centre for Governance, Institutions and Organisations, and the Centre for Asset Management Research & Investments. Recently, he was the President of E TRADE Financial Corporation. Prior to that, Mr. Nandra was CEO of Morgan Stanley Investment Management Ltd., and also served on the

Boards of Morgan Stanley Huaxin Fund Management Company, Morgan Stanley International Ltd., and Morgan Stanley & Co. International plc. Mr. Nandra’s career includes senior roles at DT Holdings, Merrill Lynch Global Wealth Management, Merrill Lynch Global Investment Banking, The Cambridge Group Inc., and BoozAllen and Hamilton Inc. He has also served on the Board of Nuveen Investments, Inc., Edelweiss Tokio Life Insurance Co., and Merrill Lynch India Technology Services. Mr. Nandra holds an MBA from IIM, Ahmedabad, and a Bachelor’s Degree in Commerce (Honors) from the University of Delhi.

Mr unnasagaran ChinniahIndependent Director

Mr. Kunnasagaran Chinniah retired in 2013 as the Managing Director Global Head of Por olio, Strategy & Risk Group with GIC Special Investments (GIC SI), the Private Equity arm of the Government of Singapore Investment Corporation (GIC). He oined GIC in 1989 and had held various positions

with the Special Investments Department of GIC in their North American, European and Asian regions. Mr. Kunnasagaran Chinniah serves on the Boards of various companies. Mr. Chinniah is a Chartered Financial Analyst and his other academic qualifications include a Bachelor’s Degree in Electrical Engineering from the National University of Singapore and an MBA from the University of California, Berkeley.

Mr Biswamohan MahapatraIndependent Director

Mr. Biswamohan Mahapatra retired as an Executive Director of Reserve Bank of India (RBI) in August 2014. At RBI, he handled areas functions of banking regulation, policy and supervision. Post retirement, he was an Advisor to RBI on new bank licensing process. He has also represented RBI at various national and international forums and has chaired various commi ees of RBI. He has been involved in the formulation of Basel II and Basel III norms. He was also the Member - Secretary to the Commi ee set up to introduce financial holding company in India. Mr. Mahapatra serves on the Boards of various companies. Mr. Mahapatra holds a Master of Science in Management (MSM) degree from the Arthur D. Li le Management Education Institute, Cambridge, Massachuse s, USA and has an MBA from University of Delhi and M. A. from awaharlal Nehru University, New Delhi.

Edelweiss Annual Report 2015-16 | 39

Edelweiss_AR_2016_Inside pages.indd 24 7/11/2016 7:44:02 PM

Mr Rashesh ShahChairman C

Mr. Rashesh Shah, co-founder of the Company has over 25 years of diverse experience in the financial markets sector. He has been instrumental in building Edelweiss into one of India’s leading diversified financial services conglomerates. He has previously been on the Executive Commi ee of the National Stock Exchange and also on the SEBI (Securities and Exchange Board of India) commi ee to review Insider Trading Regulations. He has recently been appointed as

ice President of FICCI and also serves as the Chairman of Maharashtra State Council of FICCI. His qualifications include an MBA from IIM, Ahmedabad and a Diploma in International Trade from the Indian Institute of Foreign Trade, New Delhi.

Mr Venkat Ramaswamyecutive Director

Mr. enkat Ramaswamy is an MBA from the University of Pi sburgh, United States of America and a Bachelor’s Degree holder in Electronics Engineering. He is widely recognised as one of India’s finest deal makers. Amongst his responsibilities at Edelweiss, he also Co-Heads two of the Group s most strategic businesses – Distress Assets & Resolution business and Global Asset Management, while continuing to play a mentorship role with the Edelweiss Investment Banking business. A er having worked in ICICI Ltd. and as a fund manager with Spartek Fund – one of India’s early PE fund – enkat co-founded Edelweiss Financial Services Limited.

Mr Himanshu ajiecutive Director

Mr. Himanshu Ka i, Group Chief Operating Officer, is responsible for the overall functioning of Corporate Planning, Operations, Technology, Business Solutions, Governance, Compliance, Finance, Stakeholder Relations, Global Risk, Resources, Legal, Administration, Digital Initiatives, Information Security and Corporate Controls functions of the Group. He brings vital expertise and is involved in strategy development and implementation. Before oining Edelweiss in 2009, he served as corporate advisor to various large organisations in the financial services sector. He was Honorary Treasurer & Spokesman and Director of Bombay Stock Exchange (BSE) from 1999 to 2002. Presently, he is a member of the Secondary Market Advisory Commi ee of SEBI. Himanshu is a qualified Chartered Accountant with a Post-graduate Diploma in Securities Law.

Mr Rujan Panjwaniecutive Director

Mr. Ru an Pan wani, Executive Director, Edelweiss Financial Services Limited has almost three decades of experience in the financial services industry across all asset classes. Over the last 16 years at Edelweiss, he has played a key role in se ng up several businesses and functions for the Group including Asset Management, Credit, Group Treasury and the Balance Sheet unit. Ru an also plays a key role in several strategic initiatives for the Group including driving its Human Resources, Strategy and Business development. He is a member of the Assets & Liabilities Commi ee that primarily manages the Group’s balance sheet and the Global Risk Commi ee, the highest decision making body in Edelweiss on Risk-related issues. Besides being on the Board of Directors of Edelweiss Financial Services, he is Executive Director of Edelweiss Commodities Service Limited and also on the Board of Edelweiss Asset Management Company.

Ms Vidya Shahon ecutive Director

Ms. idya Shah is presently responsible for the philanthropic activities of Edelweiss Group. She oined Edelweiss in 2000. She was the Chief Financial

Officer of Edelweiss Financial Services Limited and has also overseen important functions such as Human Resources and Administration. She has spent the first 11 years of her career in investment banking with companies like ICICI, Peregrine and NM Rothschild in Mumbai where she advised corporations in capital raising and M&A transactions. She is currently on the Boards of various non-profit organisations. idya has a Bachelor’s Degree in Commerce and an MBA from IIM, Ahmedabad.

Mr P VenkatachalamIndependent Director

Mr. P. N. enkatachalam has wide experience in the banking sector in India and abroad and has also worked in the so ware industry in banking and finance verticals. He oined State Bank of India in 1967 and retired in 2004 as its Managing Director. He was a member of the Interim Pension Fund Regulatory Authority of India and a Director on the Board of Small Industries & Development Bank of India (SIDBI). Mr. enkatachalam serves on the Boards of various companies. Mr. enkatachalam holds a Master’s Degree in Economics and is a Certified Associate from the Indian Institute of Bankers.

Board of Directors

38 | Board of Directors

Edelweiss_AR_2016_Inside pages.indd 23 7/11/2016 7:44:02 PM

Mr Berjis DesaiIndependent Director

Mr. Ber is Desai is the Senior Partner of . Sagar Associates, one of India’s leading law firms. He has varied experience in the legal field, with specialisation in Corporate Law, Mergers & Acquisitions, Derivatives, Securities & Financial Laws, International Business Laws and International Commercial Arbitration. Mr. Desai serves on the Boards of various companies. Mr. Desai holds a Master’s Degree in Law from the University of Cambridge, UK.

Mr Sanjiv Misra Independent Director

Mr. San iv Misra is the Chairman of the Asia Pacific Advisory Board of Apollo Management. He is also President of Phoenix Advisers Pte, a consulting and principal investing firm. He spent his career at Goldman Sachs and Citigroup. Mr. Misra holds a Bachelor of Arts Degree in Economics from St Stephen’s College, Delhi University, an MBA from IIM, Ahmedabad and a Master of Management Degree from the . L. Kellogg Graduate School of Management.

Mr Sunil MitraIndependent Director

Mr. Sunil Mitra belongs to the 1975 batch of the Indian Administrative Service. He has held diverse positions in Government of India such as Disinvestment Secretary, Revenue Secretary & Finance Secretary. In his stint with the Ministry of Finance, Government of India, Mr. Mitra was engaged in designing significant tax reforms. As a part of the West Bengal Government, he was responsible for designing and implementing widespread policy reforms in the state-owned public sector enterprises. Mr. Mitra serves on the Boards of various companies. Mr. Mitra holds a Bachelor’s Degree in Science from Delhi University.

Mr avtej S andraIndependent Director

Mr. Navte S. Nandra is a Distinguished isiting Fellow at the National University of Singapore. He also serves on the Boards of the Centre for Governance, Institutions and Organisations, and the Centre for Asset Management Research & Investments. Recently, he was the President of E TRADE Financial Corporation. Prior to that, Mr. Nandra was CEO of Morgan Stanley Investment Management Ltd., and also served on the

Boards of Morgan Stanley Huaxin Fund Management Company, Morgan Stanley International Ltd., and Morgan Stanley & Co. International plc. Mr. Nandra’s career includes senior roles at DT Holdings, Merrill Lynch Global Wealth Management, Merrill Lynch Global Investment Banking, The Cambridge Group Inc., and BoozAllen and Hamilton Inc. He has also served on the Board of Nuveen Investments, Inc., Edelweiss Tokio Life Insurance Co., and Merrill Lynch India Technology Services. Mr. Nandra holds an MBA from IIM, Ahmedabad, and a Bachelor’s Degree in Commerce (Honors) from the University of Delhi.

Mr unnasagaran ChinniahIndependent Director

Mr. Kunnasagaran Chinniah retired in 2013 as the Managing Director Global Head of Por olio, Strategy & Risk Group with GIC Special Investments (GIC SI), the Private Equity arm of the Government of Singapore Investment Corporation (GIC). He oined GIC in 1989 and had held various positions

with the Special Investments Department of GIC in their North American, European and Asian regions. Mr. Kunnasagaran Chinniah serves on the Boards of various companies. Mr. Chinniah is a Chartered Financial Analyst and his other academic qualifications include a Bachelor’s Degree in Electrical Engineering from the National University of Singapore and an MBA from the University of California, Berkeley.

Mr Biswamohan MahapatraIndependent Director

Mr. Biswamohan Mahapatra retired as an Executive Director of Reserve Bank of India (RBI) in August 2014. At RBI, he handled areas functions of banking regulation, policy and supervision. Post retirement, he was an Advisor to RBI on new bank licensing process. He has also represented RBI at various national and international forums and has chaired various commi ees of RBI. He has been involved in the formulation of Basel II and Basel III norms. He was also the Member - Secretary to the Commi ee set up to introduce financial holding company in India. Mr. Mahapatra serves on the Boards of various companies. Mr. Mahapatra holds a Master of Science in Management (MSM) degree from the Arthur D. Li le Management Education Institute, Cambridge, Massachuse s, USA and has an MBA from University of Delhi and M. A. from awaharlal Nehru University, New Delhi.

Edelweiss Annual Report 2015-16 | 39

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