People: Shopper's Stop Ltd (SHOP.NS)
Mr. Manish Chokhani Non-Executive Independent Director of Shopper's Stop Ltd. He is among India's most respected investors and is Chairman of TPG Growth India. Most recently, Mr. Chokhani was the MD & CEO of Axis Capital Ltd, a leading Indian investment bank and a subsidiary of Axis Bank, India's third largest private sector bank with over $60 billion in assets. Axis Capital was formed through a $300 million acquisition of Enam Securities where Mr. Chokhani was Managing Director and CEO. Mr. Chokhani joined Enam in 1990 and was instrumental in building it into India's leading financial services firm. Over the years, he has been a trusted advisor to and has led fund raising for several of India’s blue chip firms including Infosys, Reliance, Vedanta, Zee and the Birla Group. He also co-founded Enam Asset Management that manages over $1 billion in equities for some of India’s wealthiest family offices. Mr. Chokhani continues to serve as an advisor to Axis Bank and also serves on the boards of Enam Holdings, Westlife Development (McDonald’s India franchisee) & Laxmi Organic (an IFC investee chemical company). He is an active member of the Mumbai chapter of the Young Presidents’ Organization. Mr. Chokhani is a Chartered Accountant and has an MBA from the London Business School where he has served on the International Alumni Board.
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