Mr. S. S. Mundra is a seasoned banker, with a career spanning over four decades, during which he held various high level positions, including that of the Chairman and Managing Director of Bank of Baroda.
Mr. S. S. Mundra is a seasoned banker, with a career spanning over four decades, during which he held various high level positions, including that of the Chairman and Managing Director of Bank of Baroda, Executive Director of Union Bank of India, Chief Executive of Bank of Baroda (European Operations) amongst others, culminating as the Deputy Governor of Reserve Bank of India, from where he finally demitted his office in July 2017.
Mr. Mundra has expertise in banking, supervision, management and administrative matters. During his illustrious career, spanning over forty years, with various banks, he held several positions across functions and locations, both in India and abroad and has handled diverse portfolios, like core central banking, commercial banking – wholesale and retail, banking regulation and supervision, financial markets, treasury management, planning, economic research, investment banking, risk management and international banking etc.
Mr. Mundra, a Post Graduate from University of Poona, is a Fellow Member of Indian Institute of Banking & Finance (FIIB). Amity University has conferred the Degree of Doctor of Philosophy (D.Phil.), HonorisCausa, upon Mr. Mundra, in recognition of his services in the field of banking and related areas.
Mr. Mundra has also served as RBI's nominee on the Financial Stability Board (G20 Forum) and its various committees. He was also the Vice-chairman of OECD's International Network on Financial Education (INFE). He has also been closely associated with various institutes / organisations like Governing Council of National Institute of Bank Management (NIBM), Governing Council of Centre for Advanced Financial Research & Learning (CAFRAL), Governing Council of Indian Institute of Banking & Finance (IIBF).
Prior to joining RBI, Mr. Mundra also served on Boards of several multi-dimensional companies like the Clearing Corporation of India Ltd (CCIL), Central Depository Services (India) Ltd. (CDSL), BOB Asset Management Company, India Infrastructure Finance Corporation (UK) Ltd. (IIFCL), IndiaFirst Life Insurance Company Ltd., Star Union Dai-Ichi Life Insurance Company Ltd., National Payments Corporation of India Ltd., etc. The experience gained in guiding these entities has bestowed him with wide leadership skills and keen insights in best practices in Corporate Governance.
Mr. Mundra has been a regular presence as a Speaker on various Forums. He has delivered more than 100 speeches/presentations on diverse issues viz. banking, financial inclusion & literacy, MSME financing, audit, Fraud Risk Management, Cyber security, Consumer Protection, Human Resource Management etc. at both domestic and international forums. Many of these speeches have been published on the websites of Reserve Bank of India and that of the Bank for International Settlements. Presently, Mr. Mundra is on the Board of BSE Limited, DSP Investment Managers Private Limited, Indiabulls Housing Finance Ltd., and Airtel Payments Bank Limited as Independent Director, besides being on the Advisory Board of M/s. True North Fund V LLP, Encore Asset Reconstruction Pvt. Ltd. and BankBazaar.com.
Mr. Shivanand Nimbargi is the Managing Director & CEO of Ayana Renewable Power Pvt. Ltd. Mr. Nimbargi has over 29 years of experience in the infrastructure sector.
Mr. Shivanand Nimbargi is the Managing Director & CEO of Ayana Renewable Power Pvt. Ltd. Mr. Nimbargi has over 29 years of experience in the infrastructure sector. He was most recently the Managing Director & CEO of L&T Metro Rail (Hyderabad), one of the largest PPP projects in India, the first phase of which got commissioned in November 2017. Prior to his stint with L&T Metro Rail (Hyderabad), he was associated with Green Infra (now Sembcorp Green Infra), one of India’s leading renewable energy companies and Alstom, a French Power equipment major. During his stint with Green Infra as its Managing Director & CEO, the company more than doubled its operational capacity from 150 MW to ~700 MW and also built strong pipeline for future growth of the company.
During his more than 15 years long association with Alstom, he was instrumental in starting Industrial Boilers and Plants Business, Turbo machinery Business as MD from the year 2004 to 2006, before taking the responsibility of Boiler Business and additionally managing the Coal Mills Product line as Vice President (Global P&L). He also served as a Director on the Board of NTPC Alstom Services Limited between 2006-08. He started his career with Babcock and Wilcox of India (now part of Alstom).
Shiv is a graduate in Mechanical Engineering and has pursued advance Management Program at INSEAD.
Srini Nagarajan is Managing Director and Head - South Asia of CDC India, a wholly owned subsidiary of CDC Group Plc., London, based in Bangalore since 2013.
Srini Nagarajan is Managing Director and Head – South Asia of CDC India, a wholly owned subsidiary of CDC Group Plc., London, based in Bangalore since 2013. This relates to all CDC’s investments in South Asia for its three lines of activity; Fund of Funds, Direct Equity investments and Debt/Structured Finance. He joined Commonwealth Development Corporation, London in 1990, and was seconded to Africa where he served for about 8years. He moved to India in 1998 and worked for Actis Private Equity Fund. He has been on the board of several companies as Director and currently he is on the boards of 5 of the investee companies in India.
Srini holds a MA from Madras University and MBA from Warwick School of Business and Leadership program from Harvard Business.
Satish Mandhana is a Managing Director and the Head of Investments at EverSource Capital.
Satish Mandhana is a Managing Director and the Head of Investments at EverSource Capital.
As Managing Partner and Chief Investment Officer at IDFC Alternatives, a multi-asset class, India focused alternative asset manager with USD 3.5 billion under management, he was responsible for 28 investments deploying over USD 1.0 billion and monetizing 25 investments in full / partial exits. He initiated a sustainability focused platform for IDFC, before IDFC decided to exit the alternatives business. Satish was previously the Chief Financial Officer & Head of Business Strategy at JK Paper where he turned around the stressed company and brought in Goldman Sachs and IFC as shareholders. As Director at CDC Advisors for nearly 7 years, he focused on change of control transactions and exits, culminating in the buy-out of Punjab Tractor, which was recognised as the deal of the year in emerging markets. At SRF Finance Ltd. (part of GE Capital) he led stock-broking, financial advisory, investments, IPOs, etc. During his time at SRF Ltd. he contributed to strategic planning and business development. Satish started his career at the shop floor of Eicher Ltd. as an industrial engineer. He is a member of the Confederation of Indian Industries Committee on climate change.
Satish holds a Bachelor’s degree in Industrial Engineering from the Indian Institute of Technology,
Vinod has 16 years of professional experience spanning private equity and strategic consulting. Prior to joining NIIF, he spent ~13 years with IDFC Alternatives.
Vinod has 16 years of professional experience spanning private equity and strategic consulting. Prior to joining NIIF, he spent ~13 years with IDFC Alternatives. His investment management experience includes early stage, growth stage, and platform deals across diverse sectors, along with managing exits of portfolio companies through IPOs. Prior to joining IDFC Alternatives, Vinod worked with Credit Analysis & Research Limited (CARE), and the Small Industries Development Bank of India (SIDBI).
Vinod holds a MBA from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai, and a Bachelor’s degree in Mechanical Engineering from Sardar Patel College of Engineering (SPCE), Mumbai.
Ajay Aggarwal has joined Ayana as Vice President and Head - Company Secretarial and Chief Compliance Officer.
Ajay Aggarwal has joined Ayana as Vice President and Head – Company Secretarial and Chief Compliance Officer. He is responsible for managing all company law matters and compliances of the company, its subsidiaries and associates. He is holding the additional position of Head – Business Integrity and is responsible to ensure maintenance of the highest standards of business integrity and compliance. With over 16 years of experience, Ajay has handled various portfolios like Company Secretary, Legal, Taxation and Commercial. His experience is mostly in renewable sector and he has worked with organizations like Tata Power Solar, Jindal group responsible for Company Law Matters, Service Tax & Excise, Customs, Sales Tax, getting subsidies from MNRE. During his association with Jindal Aluminium Limited, he was instrumental in setting up of the first 10 MW Solar Power project in the state of Karnataka.
Ajay is an Associate Member of the Institute of Company Secretaries of India and a Law Graduate from Jammu University. He also holds a Post Graduate Diploma in Business Management awarded by Indira Gandhi National Open University.
Gurmeet Chadha has joined Ayana as Vice President and Head of Human Resources.
Gurmeet Chadha has joined Ayana as Vice President and Head of Human Resources. Gurmeet has an overall work experience of more than 17 years. Prior to joining Ayana, she has worked as head of HR for companies like Sembcorp Green Infra Limited, Caparo Automotive Systems, where she was responsible for establishing and executing competitive HR systems and processes that encourage employee absorption; growth and retention. She also worked for Delphi Automotive systems where she was part of Asia Pacific team in driving HR and Learning and Development initiatives for the Asia Pacific region.
She holds a Masters Degree in Business Studies from Bhartiya Vidyapeeth Deemed University, Pune and Bachelors of Commerce from Punjab University.
Nishant Kumar has joined Ayana as Vice President and Head - QHSE & CDP.
Nishant Kumar has joined Ayana as Vice President and Head – QHSE & CDP . He has 15 years of work experience in the field of QHSE and CSR. Prior to joining Ayana, he has worked for companies like, Sembcorp Green Infra Limited, Leighton- Contractors Private Limited for Chenani & Nashri India’s Longest Road tunnel project, SKEC & KCT for Indian Strategic Petroleum Reserves Limited , Underground rock cavern project; Baxter India Pvt. Ltd, Hydro Power project of Gati Infrastructure Limited and Hindustan Coca Cola Bev. Pvt. Ltd. During his tenure with these organizations; He was leading QHSE and CSR Function.
He holds a MBA, Supply Chain Management from IMT Ghaziabad, Masters in Environmental Science and Bachelor Degree in Environmental Science and Water Management from A.N College, Patna.
Praveen Singh has joined Ayana as General Counsel. He is responsible for managing all corporate legal affairs, contract drafting and negotiations
Praveen Singh has joined Ayana as General Counsel. He is responsible for managing all corporate legal affairs, contract drafting and negotiations, litigation and regulatory matters of the Company and its subsidiaries and associates. He has more than 14 years of experience as corporate commercial lawyer. He has experience in dealing with all facets of business activities in power sector, including M&A, foreign direct and downstream investments, capital market transactions, and raising off-shore finances. Prior to joining Ayana, he was associated with Sembcorp Green Infra Limited as Vice President & Head-Legal and FoxMandal & Co., a law firm as Senior Associate on corporate practice side handling M&A, PE investments, capital market transaction and general corporate and commercial advisory for multiple sectors and functions.
He was awarded Bachelor of Laws (LL.B.) by University of Delhi and a Post graduate degree (LL.M) by National Law School of India University, Bangalore.
Rohit Chandak has joined Ayana as Chief Financial Officer.
Rohit Chandak has joined Ayana as Chief Financial Officer. He has over 12 years of work experience. Prior to joining Ayana, he has held various positions including CFO, CEO and was part of the executive leadership team at Uniquest Infra Ventures (Khazanah Nasional Berhad & IDFC Bank’s JV platform for toll roads). Rohit’s experience spans over covering various aspects of infrastructure investment and project financing in India. He has handled M&A, project financing, corporate financial planning & controllership, taxation, transaction structuring and F&A. In this role, he managed critical interactions and relationship with key stakeholders including shareholders, banks, auditors, rating agencies etc. He has led the team and successfully closed various fund raising assignments. On investment side, he was involved in project identification, evaluation, bidding, due diligence, negotiation and end to end closure of M&A transactions. He also represented Uniquest on the board of directors of three investee companies. Prior to that, he has worked with IDFC Projects and Bank of America.
Rohit is also a visiting faculty at Indian Institute of Management (IIM) Indore and guest faculty at Indian School of Business (ISB) Hyderabad/Mohali.
Rohit is a Post Graduate in Management (PGDM - Finance) from IIM Indore and Bachelor of Commerce (Hons.) from Delhi University.
Mohan Jathan has joined Ayana Power as Vice President (Land).
Mohan Jathan has joined Ayana Power as Vice President (Land). He is a commerce graduate and has passed out from Mumbai University. He comes with rich experience of 3 plus decades of which nearly 2.5 decades have been in hardcore land purchase and allied activities. He has to his credit purchase of Private, Forest and Revenue land equivalent to around 5 GW in states of Maharashtra, Gujarat, MP, AP & Rajasthan. Larger part of these 5 GW were timely commissioned. He has worked in Enercon & Suzlon for nearly two decades put together His latest endeavours were Soft Bank Energy and Azure Power. His strengths includes negotiations and liaisoning for ensuring smooth progress in projects and re starting stalled projects. He also has sound knowledge of the legal aspects associated in purchase of land which gives him the advantage.
Prosenjit Chakraborty has joined Ayana as Asst. Vice President and Head of IT and Technology.
Prosenjit Chakraborty has joined Ayana as Asst. Vice President and Head of IT and Technology. Prosenjit has an overall work experience of more than 13 years. Prior to joining Ayana, he was playing a role of GM – IT at Atria Power and Senior Manager IT at Vena Energy. In this role, he has led SCADA Integration for both Wind and Solar assets across globe in Japan, Philippines, Indonesia, Thailand, Australia and Asset Management solution development of ~1500MW wind and Solar Assets.
Before Vena worked at ReNew Power and led to develop Renew Power Diagnostic centre. Handled the data for multiple wind turbine make such as Simens Gamesa, Suzlon, Regen, Kenersys, Wind World, GE, Schnieder etc. He has also expertise in Forecasting and Scheduling regulations prevailing across all states in India
He holds a B.Tech (Computer Science) from West Bengal University and MBA from ICFAIX
Sureshnathan has joined Ayana as Senior Vice President and Head of Procurement and Project Execution.
Sureshnathan has joined Ayana as Senior Vice President and Head of Procurement and Project Execution. Suresh has an overall work experience of 26 years spanning across diverse industry segments such as Renewable Energy, Telecom , Manufacturing and Construction Industries . Prior to Ayana, He was with SunEdison as Director – SCM for Asia Pacific and Africa where he was involved with conception to commissioning of 1800 MW + Solar and Wind project in Asia Pacific region. Sureshnathan played a key role in M & A and migration of assets from SunEdison to Greenko as well as completion of pipeline projects including India`s Largest Solar Power Plant (816 MWp) at Kurnool. He was Global Sourcing Head – Infrastructure for Airtel during 2008 – 2015.
He holds a Bachelor of Science (Engineering Technology) from BITS Pilani and Master of Business Administration in Operations Management.
Mahesh Arali has joined Ayana as Senior Vice President and Head of Asset Management & Engineering
Mahesh Arali has joined Ayana as Senior Vice President and Head of Asset Management & Engineering and Technology . Mahesh has an overall work experience of more than 20 years. Prior to joining Ayana, he was playing a role of Group Head – Asset Management at Vena Energy . In this role, he has led the team to Manage Asset Management of ~1500MW wind and Solar Assets and built up the Vena Renewable Energy Management Centre for monitoring and diagnostics of renewable assets and developed proprietary monitoring software.
Previous to Vena worked at ReNew Power , Vestas, Enercon , he has led Construction , Pipeline building.
He holds a Bachelor of Engineering (Electrical and Electronics) from Karnataka University and PGDOM from Symbiosis institute of Management- BangaloreX