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India

L&T Finance Holdings Ltd (LTFH.NS)

LTFH.NS on National Stock Exchange of India

161.70INR
22 Jun 2018
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Summary

Name Age Since Current Position

Shailesh Haribhakti

61 2017 Non-Executive Chairman of the Board

Sachinn Joshi

2015 Chief Financial Officer

Suneet Maheshwari

Managing Director & Chief Executive of L&T Infrastructure Finance Company Limited

Apurva Rathod

2016 Compliance Officer, Company Secretary

Dinanath Dubhashi

2016 Deputy Managing Director, Whole Time Director

Upma Goel

2015 Deputy Finance Controller

Thomas Mathew T.

2015 Additional Director

Pavninder Singh

2017 Nominee Director

R. Shankar Raman

58 2008 Non-Executive Director

Harsh Mariwala

2014 Independent Director

Nishi Vasudeva

61 2017 Additional Independent Director

Pradeep Bhide

68 2011 Non-Executive Independent Director

Biographies

Name Description

Shailesh Haribhakti

Shri. Shailesh V. Haribhakti is Non-Executive Chairman of the Board of L&T Finance Holdings Ltd. Mr. Haribhakti is a Chartered and Cost Accountant, and a Certified Internal Auditor, Financial Planner & Fraud Examiner. During a career span of four decades, he has established and led many innovative services. His current passions involves Outsourcing of Knowledge Processes, Engaged Investing, and efficiency & effectiveness enhancement in Social, Commercial and Governmental organisations. He strongly believes in ‘shared value’ creation, public and corporate governance and promoting a green environment. He actively promotes these causes, and contributes towards their evolution by participating in the process of framing regulations and standards.

Sachinn Joshi

Suneet Maheshwari

Mr. Suneet K. Maheshwari is Managing Director & Chief Executive of L&T Infrastructure Finance Company Limited, a subsidiary Company of L&T Finance Holdings Ltd. Mr. Maheshwari has about 32 years of experience in infrastructure and corporate finance, financial advisory, infrastructure and energy sector reform, investment banking and private equity. Mr. Maheshwari has led several start-up and rapid growth situations and has also been closely involved with various infrastructure sector reform/PPP initiatives at the national and state level since 1984. Since L&T Infra’s inception, Mr. Maheshwari has held a mandate to build a new financing institution specializing in infra financing. He has been responsible for the formation of the company, getting regulatory approvals, formation of a board with eminent professionals and personally involved in creating a team with a pan-India presence. Under his leadership, L&T Infra achieved the status of Infrastructure Finance Company (IFC) under RBI and was notified by Government of India as a Public Financial Institution (PFI) under Section 4A of Companies Act, 1956. He has held several positions at industry bodies and government task force for promoting reforms in Infrastructure sector and financing. Mr. Maheshwari has a Bachelor’s degree in Science from Mumbai University and a MBA from Symbiosis Institute of Business Management, Pune.

Apurva Rathod

Dinanath Dubhashi

Mr. Dinanath Dubhashi is Deputy Managing Director and Whole Time Directorof L&T Finance Limited, a subsidiary Company of L&T Finance Holdings Ltd. Mr. Dubhashi holds a B.E. (Mechanical) and has completed his PGDM from IIM, Bangalore. He has been with L&T Finance since April 2007. Prior to taking over as Chief Executive, Mr. Dubhashi has occupied various senior level positions in the organization and has been responsible for L&T Finance's foray into Retail Finance, including Microfinance. In his position as Chief Executive, L&T Finance, Mr Dubhashi also oversees the other Retail Finance subsidiaries of the group viz. L&T Housing Finance Ltd and Family Credit Ltd at a strategic level. He has over 23 years of experience in various fields of financial services like Retail Financial Services, Corporate Banking, Cash Management and Trade Finance, Credit Rating and Project Finance across various reputed Indian and international organizations. Prior to joining L&T Finance, he worked with BNP Paribas for 10 years in India and abroad, heading various important verticals like Cash Management, Trade Services and Corporate Banking Products. His assignments previous to this were with Birla Sunlife, Care Ratings and SBI Capital Markets.

Upma Goel

Ms. Upma Goel, serves as Deputy Finance Controller of the Company. She is a Chartered Accountant with over 22 years experience. Se was the Chief Financial Officer of the Company.

Thomas Mathew T.

Pavninder Singh

Mr. Pavninder Singh serves as Nominee Director of the Company. He is a Managing Director with Bain Capital in the Mumbai office. He joined the firm in 2001 and has worked in the New York and Mumbai offices. He is a founding member of Bain Capital's India office and he co-leads the firms India and South East Asia investments. Prior to joining Bain Capital, he was the Co-CEO of MedrishLcom, a healthcare services site. Prior to that, he was a consultant at Mercer Management Consulting (now Oliver Wyman) where he consulted in the e-commerce, retail, and energy industries. He is actively involved in the investments in L&T Finance Holdings Limited, Quest Engineering, Emcure Pharmaceuticals, Hero FinCorp and Himadri Chemicals & Industries Ltd. He received an MBA from Harvard Business School where he was a Baker Scholar. He received a BA Magna cum Laude from Harvard College.

R. Shankar Raman

Mr. R. Shankar Raman is Non-Executive Director of L&T Finance Holdings Ltd. Mr. R. Shankar Raman is the Chief Financial Officer and a member of the Board at L&T. He is a non-executive director on the board of the Company and L&T Finance. Mr. Shankar Raman has a bachelor’s degree in commerce from Madras University. He is a Chartered and Cost Accountant by profession & has close to 30 years of experience in the field of finance. He has experience in other varied areas such as audit, accounts, treasury, capital markets, corporate finance, project finance and general management. He joined L&T group in 1994 for setting up L&T Finance. After six years with L&T Finance, he moved to L&T to oversee the Finance & Accounting functions. He is on the board of several companies including international subsidiaries within the L&T group. Mr. Shankar Raman has participated and presented papers in several conventions/seminars including international conferences.

Harsh Mariwala

Nishi Vasudeva

Smt. Nishi Vasudeva serves as Additional Independent Director of the Company. Ms. Nishi Vasudeva is an internationally acclaimed leader and is the first woman to chair an oil and gas company in India. She represented HPCL as Chairman / Director on the board of several Joint Venture companies. She was responsible for developing the vision and long term objectives, improving growth and profitability, driving a high performance culture geared towards operational excellence and consistent value creation for shareholders & all stakeholders. Prior to assuming responsibility as C&MD, she served on HPCL Board as Director-Marketing and was responsible for pan India sales (B2B & B2C segments), Brand building, Efficient supply chain management, Infrastructure development and leading HPCL foray into new business lines. Her career at HPCL included leadership positions in Marketing, Corporate Strategy, Planning and Information systems and has led key business transformation & organizational restructuring projects. She is the first Indian to be awarded the Global CEO of the year at Platt's Global energy awards 2015. She received the SCOPE Award for excellence and outstanding contribution to Public sector Management from the Hon'ble President of India and was also recognized with Outstanding Women Manager Award by SCOPE. She has been a member in several committees for development of policy in the Oil Industry and Hydrocarbon sector in India. She is BA (Economic Honours) from Delhi University and an MBA from 11MCalcutta with over 38 years of experience in the petroleum industry.

Pradeep Bhide

Mr. Pradeep Vasudeo Bhide is Non-Executive Independent Director of L&T Finance Holdings Ltd. Mr. Bhide is a retired IAS Officer with MBA, L.L.B and B.Sc. degrees. During his career spanning about four decades, he has held various Government positions, including the Secretary, Department of Revenue, Ministry of Finance, Secretary and Joint Secretary, Department of Disinvestment, Ministry of Finance, Government of India, Additional Secretary/Spl. Secretary, Ministry of Home Affairs, and Deputy Secretary/Director in the Department of Economic Affairs, Ministry of Finance. Mr. Bhide has also held positions as Director Fund-Bank Division of the Department and Advisor to India’s Executive Director to the International Board for Reconstruction and Development, Washington D.C, Secretary, Department of Finance, Government of Andhra Pradesh, Secretary, Department of Energy, Government of Andhra Pradesh and Managing Director, Godavari Fertilisers and Chemicals Limited.