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HDFC Asset Management Company Ltd (HDFA.NS)

HDFA.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Deepak Parekh

75 2000 Non-Executive Chairman of the Board

Piyush Surana

2013 Chief Financial Officer

Prashant Jain

2004 Chief Investment Officer

Supriya Sapre

Chief Compliance Officer

Milind Barve

61 2017 Managing Director, Executive Director

Alok Sheopurkar

2006 Head of Human Resources

Simal Kanuga

Head – PMS Sales & New Initiatives and Chief Investor Relations Officer

John Mathew

2003 Head of Client Services

V. Suresh Babu

2000 Head of Operations

Anil Bamboli

Senior Fund Manager - Fixed Income

Shyamali Basu

Head of Products and Marketing

Krishan Daga

Senior Fund Manager - Equities

Amit Ganatra

Senior Fund Manager

Naveen Gogia

Head of Sales - North & West

Anupam Joshi

Fund Manager - Fixed Income

Kiran Kaushik

2007 Head of Sales and Distribution

Vinay Kulkarni

Senior Fund Manager - Equities

Rajiv Maniar

Head of Sales - East & South

Shobhit Mehrotra

Senior Fund Manager - Fixed Income and Head of Credit

Mudeita Patrao

Head – Digitisation

Chirag Setalvad

Senior Fund Manager - Equities

Rakesh Vyas

Fund Manager and Senior Equity Analyst

Sylvia Furtado

2006 Company Secretary

James Aird

58 2009 Non-Executive Director

Renu Karnad

67 2000 Non-Executive Director

Keki Mistry

65 2007 Non-Executive Director

Norman Skeoch

63 2005 Non-Executive Director

Sanjay Bhandarkar

52 2018 Non-Executive Independent Director

Dhruv Kaji

69 2018 Non-Executive Independent Director

Roshni Malhotra

38 2020 Non-Executive Independent Director

Jairaj Purandare

60 2018 Non-Executive Independent Director

Parag Shah

44 2019 Non-Executive Independent Director

Shashi Sharma

67 2019 Non-Executive Independent Director

Biographies

Name Description

Deepak Parekh

Mr. Deepak S. Parekh serves as Non-Executive Chairman of the Board of the Company. He has been on our Board since July 4, 2000. He is also the non-executive director and chairman of one of our Promoters, HDFC. He is an associate of the Institute of Chartered Accountants (England and Wales). He is on the board of several leading companies across diverse sectors. He has won several awards, which includes Padma Bhushan conferred by Government of India in 2006, ‘Bundesverdienstkreuz’, which is Germany’s Cross of the Order of Merit, being one of the highest distinction by the Federal Republic of Germany, in 2014, “Knight in the Order of the Legion of Honour”, one of the highest distinction by the French Republic, in 2009 and he was also the first international recipient of the Outstanding Achievement Award by Institute of Chartered Accountants in England and Wales, in 2010.

Piyush Surana

Mr. Piyush Surana serves as Chief Financial Officer of the Company. He holds a bachelor’s degree in Commerce and a bachelor’s degree in law from the University of Jodhpur. He is also a member of the Institute of Chartered Accountants of India and certified financial planner from Financial Planning Standards Board India. He has been associated with our Company for over five years and was appointed as the Chief Financial Officer of our Company with effect from February 25, 2013. Prior to joining our Company, he was associated with Daiwa Asset Management (India) Private Limited, Shinsei Corporate Advisory Services Private Limited and Alliance Capital Asset Management (India) Private Limited.

Prashant Jain

Mr. Prashant Rajendra Jain serves as Chief Investment Officer of the Company. He holds a bachelor’s degree in Technology from the Indian Institute of Technology, Kanpur and holds a post graduate diploma in Management from Indian Institute of Management, Bangalore. He is also a designated Chartered Financial Analyst from the Chartered Financial Analyst Institute, USA. He has been associated with our Company for over 14 years since June 20, 2003 and was appointed as the Chief Investment Officer of our Company with effect from July 1, 2004. Prior to joining our Company, he was associated with Zurich Asset Management Company (India) Private Limited and SBI Mutual Funds Management Private Limited.

Supriya Sapre

Milind Barve

Mr. Milind Barve serves as Managing Director, Executive Director of the Company. He has a bachelor’s degree in Commerce from University of Poona and he is also a fellow of the Institute of Chartered Accountants of India. He has been associated with HDFC in the capacity of general manager – treasury where he headed the treasury operations at HDFC for 14 years and was responsible for the management of HDFC’s treasury portfolio and for raising funds from financial institutions and capital markets. He was also the head of marketing for retail deposit products and responsible for investment advisory relationships for Commonwealth Equity Fund Mutual Fund and Invesco India Growth Fund.

Alok Sheopurkar

Mr. Alok Sheopurkar serves as Head of Human Resources of the Company. He holds a bachelor’s degree in Commerce, a bachelor’s degree in law and a master’s degree Personnel Management and Industrial Relations from Jiwaji University, Gwalior. He has been associated with our Company for over 12 years and was appointed as the as the Head of Human Resources of our Company with effect from May 5, 2006. Prior to joining our Company, he was associated with Tata - AIG General Insurance Company Limited, Tata - AIG Life Insurance Company Limited, Cadbury India Limited and Crompton Greaves Limited.

Simal Kanuga

John Mathew

Mr. John Mathew serves as Head of Client Services of the Company. He holds a bachelor’s degree in Commerce from University of Bombay, holds a post graduate diploma in Systems Management from National Institute of Information Technology, has completed the Executive Program in Management from Columbia School of Business, USA and is a certified Anti Money Laundering Specialist affirmed by Association of Certified Anti- Money Laundering Specialists. He has obtained certification from National Institute Securities Markets – Series V A Mutual Fund Distributors. He has been associated with our Company for over 17 years since July 1, 2000 and was appointed as the Head of Client Services of our Company with effect from October 28, 2003. He has also been appointed as the Principal Officer under the Prevention of Money Laundering Act, 2002 and as the Responsible Officer under Foreign Account Tax Compliance Act of USA. Prior to joining our Company, he was associated with Housing Development Finance Corporation Limited, Weizmann Limited and Wall Street Finance Limited.

V. Suresh Babu

Mr. V. Suresh Babu serves as Head of Operations of the Company. He holds a bachelor’s degree in Commerce from University of Bangalore and is also a member of the Institute of Cost and Works Accountants of India. He has been associated with our Company for over 18 years and was appointed as the Head of Operations of our Company with effect from May 3, 2000. Prior to joining our Company, he was associated with Sundaram Newton Asset Management Company Limited and Canbank Investment Management Services Limited.

Anil Bamboli

Shyamali Basu

Krishan Daga

Amit Ganatra

Naveen Gogia

Anupam Joshi

Kiran Kaushik

Mr. Kiran M. Kaushik serves as Head of Sales and Distribution of the Company. He holds a bachelor’s degree in commerce from University of Bangalore. He has been associated with our Company for over 17 years since March 1, 2001 and was appointed as the Head of Sales and Distribution of our Company with effect from January 2, 2007. Prior to joining our Company, he was associated with Union Bank of India.

Vinay Kulkarni

Rajiv Maniar

Shobhit Mehrotra

Mudeita Patrao

Chirag Setalvad

Rakesh Vyas

Sylvia Furtado

Ms. Sylvia Furtado serves as Company Secretary of the Company. She holds a bachelor’s degree in Commerce from University of Bombay, bachelor’s degree in law from University of Bombay and is an associate member of the Institute of Company Secretaries of India. She has been associated with our Company for over 12 years since September 1, 2005 and was appointed as the Company Secretary with effect from January 25, 2006. Prior to joining our Company, she was associated with HDFC Bank Limited and CEAT Limited.

James Aird

Mr. James Aird serves as Non-Executive Director of the Company. He holds a degree in Economics from Edinburgh University. He has been the Chief Executive of Ignis Investment Services Limited, since 2015, where he is responsible for the day to day management of the business. In addition, he is Head of Corporate Development for Standard Life Aberdeen plc (formerly Standard Life plc) where he focuses on developing new international business, joint ventures and mergers and acquisitions and has responsibility for corporate finance. He joined Standard Life Aberdeen plc in 1997 and has held a number of senior roles within Standard Life Aberdeen plc including as Chief Executive of Standard Life Investments mutual fund business and as a director of Standard Life Investments (Asia) in Hong Kong.

Renu Karnad

Mrs. Renu Sud Karnad serves as Non-Executive Director of the Company. She has been on the board of the Company since July 4, 2000. She is also the managing director of one of our Promoters, HDFC. She holds a bachelor’s degree in Law from the University of Mumbai and a master’s degree in Economics from the University of Delhi. She is a Parvin Fellow – Woodrow Wilson School of International Affairs, Princeton University, USA. She joined HDFC in 1978 and was appointed as executive director in 2000. She was re-designated as the Joint Managing Director of HDFC in 2007 and was appointed as the managing director with effect from January 1, 2010. Some of her recent recognitions include, being awarded ‘Outstanding Woman Business Leader’ at the CNBC-TV18 Indian Business Leader Awards 2012, being part of the 25 Most Influential Women Professionals in India – India Today Magazine’s power list 2011, being featured amongst the list of ‘25 top non-banking women in finance’ by U.S. Banker magazine and Wall Street Journal Asia adjudged her among the ‘Top Ten Powerful Women to Watch Out for in Asia’.

Keki Mistry

Mr. Keki Minoo Mistry CPA serves as Non-Executive Director of the Company. He is also the vice chairman and chief executive officer of one of our Promoters, HDFC. He is a fellow of the Institute of Chartered Accountants of India. He joined HDFC in 1981. He was appointed as an executive whole-time director of HDFC in 1993, as the deputy managing director in 1999 and as the managing director with effect from 2000. He was re-designated as the vice-chairman and managing director of HDFC in October 2007 and as the vice chairman and chief executive officer, with effect from January 1, 2010. Some of his recent recognitions include, being awarded “Best Independent Director Award 2014” by Asian Centre for Corporate Governance & Sustainability, the Best CEO Financial Services (Large Companies) 2014 by Business Today magazine, honoured with the ‘CA Business Achiever of the year’ award in the Financial Sector by the Institute of Chartered Accountants of India in 2011 and CNBC TV18's - CFO of the Year for 2008. He is the chairman of the CII National Council on Corporate Governance and a member of the Committee on Corporate Governance set up by SEBI.

Norman Skeoch

Mr. Norman Keith Skeoch serves as Non-Executive Director of the Company. He has been on our Board since October 26, 2005. He holds a Bachelor of Arts degree in Economics from University of Sussex, United Kingdom and Master of Arts degree in Economics from University of Warwick. He has been on the board of Standard Life Aberdeen plc (formerly known as Standard Life plc) since 2006 and was appointed chief executive officer in 2015, having been the chief executive officer at Standard Life Investments Limited, one of our Company’s Promoters, since 2004. He is a non-executive director of the Financial Reporting Council in the United Kingdom.

Sanjay Bhandarkar

Mr. Sanjay Bhandarkar serves as Non-Executive Independent Director of the Company. Mr. Sanjay Bhandarkar [DIN 01260274] is an Independent Director on the Company’s Board with effect from October 31, 2018. He was a senior investment banker and has over 25 years of corporate finance advisory and investment banking experience in the country. He was a Senior Advisor to Rothschild India and is experienced in corporate finance advisory and investment banking. He was one of the founder members of Rothschild India. He started his career with ICICI Limited in their merchant banking business in 1990 and subsequently moved to ICICI Securities, the Investment Banking partnership between ICICI and JP Morgan, in 1992. He was involved in a number of domestic capital market transactions, raising equity for Indian companies as well as in domestic loan syndications. He moved to Peregrine Capital India, the Asian Investment Bank, in 1996 where he was responsible for origination and execution of overseas equity and debt capital market deals involving Indian companies. He also led the teams that worked closely with the Government of India on the 3G and BWA spectrum auctions, the first e-auctions done in India, and on the restructuring of the Enron and GE owned Dabhol power project, one of the largest and most complex restructurings to date. He is also a Director on the Board of various companies. Sanjay did his schooling from St. Vincent’s High School in Pune and graduated in Commerce from BMCC, Pune. He did his MBA from XLRI, Jamshedpur with specialisation in Finance.

Dhruv Kaji

Mr. Dhruv S. Kaji serves as Non-Executive Independent Director of the Company. Mr. Dhruv Kaji (DIN 00192559) is an Independent Director on the Company’s Board with effect from October 31, 2018. He holds a bachelor’s degree in Commerce from the University of Mumbai and is an Associate Member of the Institute of Chartered Accountants of India. He was the Finance Director of Raymond Limited, Executive Director of Pinesworth Holdings Pte. Ltd. (Singapore) and a Director on the Boards of Raymond Apparel Limited, Colorplus Fashions Limited, Hindustan Oil Exploration Company Limited, Balaji Telefilms Limited and Balaji Motion Pictures Limited; he was also on the advisory board of Essar Steel Limited. He is currently an advisor, evaluating and guiding business projects, strategies and organizational development, both in India and abroad. He is also a director on the Board of various companies.

Roshni Malhotra

Ms. Roshni Nadar Malhotra serves as Non-Executive Independent Director of the Company. Ms. Roshni Nadar Malhotra [DIN 02346621] is an Independent Director on the Company’s Board with effect from April 27, 2019. She is the CEO and Executive Director of HCL Corporation. She is also the Vice Chairperson on the Board of HCL Technologies, and Chairperson of its CSR Committee. She is a Trustee of the Shiv Nadar Foundation, which is committed to the process of nation building by driving transformational leadership through education. She is the Chairperson and driving force behind VidyaGyan, a leadership academy for the meritorious but economically underprivileged, rural students of Uttar Pradesh. She is also the Founder & Trustee of the Habitats Trust, a foundation working towards protecting habitats and their indigenous species. Passionate about wildlife and nature, she founded the Trust with the mission of creating and conserving sustainable ecosystems through strategic partnerships and collaborations with all stakeholders at every level. Roshni has been featured in ‘The World's 100 Most Powerful Women’ list compiled and released by Forbes, in 2017, 2018 and 2019, consecutively and is an alumnus of the Forum of Young Global Leaders (YGL), a unique and diverse community of the world’s most outstanding, next-generation leaders, an initiative of the World Economic Forum. She holds an MBA from the Kellogg Graduate School of Management with a focus on Social Enterprise and Management and Strategy.

Jairaj Purandare

Mr. Jairaj Purandare serves as Non-Executive Independent Director of the Company. Mr. Jairaj Purandare (DIN 00159886) is an Independent Director on the Company’s Board with effect from October 31, 2018. He is the Founder Chairman of JMP Advisors Pvt Ltd, a leading advisory, tax and regulatory services firm, based in Mumbai, India. He has three and half decades of experience in tax and business advisory matters and is an authority on tax and regulation. He was Regional Managing Partner, Chairman – Tax and Country Leader - Markets & Industries of Pricewaterhouse Coopers, India. He was earlier Chairman of Ernst & Young India (EY). He was the Country Head of the Tax & Business Advisory practice of Andersen India, before joining EY. He has considerable experience on various issues in the Financial Services, Infrastructure, Power, Telecom, Media, Pharma and Auto sectors. International Tax Review (Euromoney), in its report - World’s Leading Tax Advisors, has named him several times as among the leading Tax Advisors in India. A frequent speaker at seminars in India and abroad, he has presented several papers in areas of his expertise, including inbound/outbound investment structuring, international tax, transfer pricing, M&As, Indian Budget and Economy. He is a Director on the board of other listed companies. He is fellow member of Institute of Chartered Accountants of India and holds a degree of Bachelor of Science (Hons) from University of Bombay.

Parag Shah

Mr. Parag Shah serves as Non-Executive Independent Director of the Company. Mr. Parag Shah (DIN: 00374944) is an Independent Director on the Company’s Board with effect from January 22, 2019. He is the Managing Partner of Mahindra Partners. In a career spanning over 20 years, Mr. Shah has held various positions with the Mahindra Group. He has extensive experience in building new businesses, startups, turn arounds, joint ventures and merger and acquisitions. Mr. Shah is a Director on several Mahindra Group companies. He is the Co-Chairman of the Group Diversity Council & is an Executive Committee member of various councils of Mahindra Learning University. He is the Group lead for business representation in Israel. Mr. Shah has been an Executive Committee Member of the CII National Committee on Private Equity and Venture Capital, FICCI Solar Energy Task Force, CII National Committee on Renewable Energy in addition to other external associations. He has also been associated with several NGOs. He has been recognized by Economics Times & Spencer Stuart as India’s Top 40 Business Leaders under the age of 40. He was also featured by India Today as “Leader of Tomorrow” in their anniversary issue. He holds a BS Degree in Computer Engineering from the Illinois Institute of Technology with special electives in Psychology and Manufacturing Technology and graduate of the General Management Program from Harvard Business School.

Shashi Sharma

Mr. Shashi Kant Sharma serves as Non-Executive Independent Director of the Company. He is a retired IAS (1976 Batch). He has served as the Comptroller and Auditor General (CAG) of India from 23rd May, 2013 to 24th September, 2017. Before taking office as the CAG, he was the Defense Secretary, Government of India. He was also the Secretary, Department of Financial Services (Ministry of Finance) and Secretary, Department of Information Technology (Ministry of Telecommunication), in the Government of India. In his capacity as CAG of India, Mr. Shashi Kant Sharma was elected by the General Assembly of the United Nations as a Member of UN Board ofAuditors in July, 2014, and was chairing the UN Board ofAuditors. Mr. Sharma was active on the Governing Boards of the International Organization of Supreme Audit Institutions (INTOSAI) and the Asian Organization of Supreme Audit Institutions (ASOSAI). He was chairperson of the INTOSAl's Knowledge Sharing Committee and Working Group on Information Technology. He chaired the 13th Assembly of the ASOSAI (Kuala Lumpur, 2015) and the Commonwealth Auditors General Conference (Delhi, 2017).