About IIFL

Mr. Ashok Jha, an IAS officer, has had a stint of 38 years in civil services and held crucial positions in State and Central Government establishments. For about two years, Mr. Jha served in the Finance Ministry of the Government of India, first as Secretary, Economic Affairs, and later with additional responsibility as Finance Secretary. He was India’s alternate Governor in the World Bank and the Asian Development Bank. Mr. Jha served as the Secretary, Department of Industrial Policy and Promotion and Chairman of Foreign Investment Promotion Board (FIPB) in his capacity as Secretary, Economic Affairs. He was also Advisor, International Affairs, FICCI. After retiring, Mr. Jha was President, Hyundai Motors, India. He is currently an Independent Director on the Boards of some companies.

Mr. Keki Dadiseth, a Fellow member of The Institute of Chartered Accountants in England & Wales, had joined Hindustan Lever Ltd in 1973 and became Chairman of HUL in 1996. He was appointed as Director on the Board and Executive Committee of Unilever PLC and Unilever NV in May 2000. In India, he is on the Boards of Britannia Industries, Piramal Enterprises, Siemens, Godrej Properties, JM Financial Ltd & J M Financial Services Ltd. He is the Chairman of the Convening Board of Marsh & McLennan Cos in India, and Non-Executive Chairman of Omnicom India. He is also on the Advisory Boards of Accenture Services Pvt Ltd, PricewaterhouseCoopers Pvt Ltd and Indian School of Business, and a Senior Advisor to the World Gold Council, India.

Mr. Keki M. Mistry is a Fellow of The Institute of Chartered Accountants of India. Mr. Mistry joined the Corporation in 1981. He was appointed as Executive Director in 1993, as Deputy Managing Director in 1999, and as Managing Director in 2000. He was re-designated as the Vice Chairman and Managing Director in October 2007 and as Vice Chairman and Chief Executive Officer from January 2010. Besides being on the board of several HDFC group companies, Mr. Mistry is a director on the board of other public limited companies such as HCL Technologies, Sun Pharmaceutical Industries, Torrent Power. He is also on the board of CDC Group, London.

Mr. Khattar is a Singapore-based Indian community leader and businessman. He was founder of Khattar Wong & Partners, one of Singapore’s largest law firms, and is the Chairman of Khattar Holdings, a private family investment firm. Among the various positions held by him, Mr. Khattar was Chairman of the Board of Trustees of Singapore Business Federation and a member of the President Council for Minority Rights.  He is a Life Trustee of the Singapore Indian Development Association (SINDA) and Co-Chairman of the Singapore-India Partnership Foundation. He received the prestigious Padma Shri award from Government of India in 2011.

Mr. Somasekhar Sundaresan is an independent counsel with a regulatory litigation practice focused on securities laws, competition law, exchange controls and corporate law.  Prior to setting up chambers as counsel, he was a partner at J. Sagar Associates, a national law firm and headed the firm's financial sector regulatory practice.

Mr. S. Venkatachalam is the Chairman of the Board of Directors of Oracle Financial Services Software. He has served Citibank N. A. for nearly 30 years, holding several senior positions during his stint. He is currently on the Board of Equifax Credit Information Services and Canara Robeco Asset Management Company. He was an advisor to Karvy Financial Services from 2010-2016. He has previously served as an advisor to Fullerton India Credit Corporation and was on the Board of State Bank of India as an Independent Director. A Chartered Accountant by profession, he has rich experience in the field of banking, finance, administration, compliance, taxation, and labour laws.

Mr. Nirmal Jain is the founder and Chairman of the Company. He holds a PGDM (Post Graduate Diploma in Management) from the Indian Institute of Management (IIM), Ahmedabad and is a rank holder Chartered Accountant and a Cost Accountant. He started his career in 1989 with Hindustan Lever Limited. He founded Probity Research and Services Private Limited (later renamed as India Infoline Limited) in 1995; one of the first independent equity research companies in India. He was instrumental in steering the groups foray into various financial sector activities that have grown over the years into significant businesses in terms of net worth and profitability. Under his leadership, IIFL Group has attainted its position as a dominant and diversified player in the financial services space over the past 24 years.

Mr. R. Venkataraman is the Co-Promoter and Managing Director of the Company. He holds Post Graduate Diploma in Management from Indian Institute of Management (IIM), Bangalore and Bachelor in Electronics and Electrical Communications Engineering from IIT Kharagpur. He joined the Company’s Board in July 1999. He has been contributing immensely in the establishment of various businesses and spearheading key initiatives of the group over the past 20 years. He previously held senior managerial positions in ICICI Limited, including ICICI Securities Limited, their investment banking joint venture with J P Morgan of US and Barclays – BZW. He worked as an Assistant Vice President with G E Capital Services India Limited in their private equity division. He has a varied experience of more than 28 years in the financial services sector.

Mr. Karan Bhagat is the Founder and Chief Executive Officer of IIFL Wealth. He has more than 15 years of experience in private wealth management. Prior to IIFL, he was heading the Mumbai office of Kotak Wealth Management. His rich experience and established product structuring skills have been instrumental in making him one of the pioneers in implementing the Family Office proposition in India. Under his leadership, IIFL Wealth evolved from a start-up to one of India's leading private wealth management and Family Office outfits. He holds a Post Graduate Diploma in Business Management (PGDBM) from Indian Institute of Management (IIM), Bangalore and a Bachelor of Commerce from St. Xavier's College, Kolkata.

Mr. Monu Ratra is a veteran in the mortgages industry with nearly two decades of experience. Mr Ratra has been associated with brands like HDFC Ltd., ICICI Bank and Indiabulls Housing. Prior to joining IIFL Home Finance Limited, his last assignment was with Indiabulls HFC as National Business Manager. Mr. Ratra has been a part of the pioneering teams leading various functions to provide excellence through process and quality initiatives, contributing to industry-leading growth. While with the last company, his efforts and vision led to building of a growth sales structure, starting from a scratch, in a start up like environment. At IIFL Home Loans, Mr. Ratra brings strong focus on developing and delivering customer satisfaction with ease and low turn around time. Mr Ratra is passionate about building stronger businesses, adapting and aligning company with new technology and digital era, and maintaining everlasting culture of customer centricity.

Mr. Sumit Bali was previously the Senior Executive Vice President at Kotak Mahindra Bank, where he was leading the Bank’s lending businesses including Home loans, LAP, Secured working capital for small Businesses, Business loans, Credit cards, Loans against Shares and salaried personal loan business. He was managing an overall book size of over Rs 54,000 cr. Prior to this role, Mr. Bali was the CEO of Kotak Mahindra Prime Limited in addition to leading certain secured and unsecured businesses in the Bank. Over the last 10 years, he has also been a member of the Kotak Leadership team whose objective was to strategize and set the future direction for the entire group. Mr. Bali has done his MBA from IIM Ahmedabad and BA Maths from St Stephen’s college in Delhi.

Mr. Nemkumar heads the institutional equities business at IIFL. He is a Chartered Accountant by education and was awarded the silver medal for securing a second rank All India in the May 1989 exams. He joined IIFL in June 2007 to start up the institutional equities business. Previously, Mr. Nemkumar worked with CLSA India for nearly 10 years (1997-2007) and was Head of India Research and Country Head of CLSA, India. At CLSA, he published a number of research reports covering the oil & gas sectors and India macro strategy. Prior to joining CLSA, Mr. Nemkumar worked for Bharat Petroleum (India’s second largest downstream oil company) for a period of 9 years handling treasury, management accounting and investor relations functions.

Over two decades of experience in Advisory and Capital Market transactions and advised a large number of Indian businesses across sectors on various capital market and advisory transactions. Mr. Nipun Goel has built a strong investment banking franchise for IIFL since its association in 2012. Earlier, he was the Head of Investment Banking at Nomura India and prior to that spent ~14 years with DSP Merrill Lynch in Investment Banking division. He is an MBA from IIM Ahmedabad.

Mr. Arindam Chanda is a Post Graduate in Management from ICFAI. He has over 19 years of experience spanning Consumer Durable, FMCG and Financial Services. He has worked with companies such as Voltas, Philips & Kotak Securities in Past. In his last assignment, he worked as a Sr. VP in Kotak Securities where he has spent 9 years and heading the Marketing, Products, Primary Markets and Distribution. Arindam joined IIFL in 2009 and started building it's High Networth Broking Business - Premia. He along with his team has made Premia one of the most successful Private Client Services in India offering wide range of products through it's Priority Investment Advisory.

Mr. Balaji Raghavan has more than twenty years of experience in industries such as Real Estate Finance, Banking, and Financial Services. In his current role as Head of Realty Services, Balaji is responsible for raising, deploying, and managing risk in the real estate portfolio. Since joining IIFL in 2010, he built the investment book of more than $1 billion with over 70 transactions. Prior to IIFL, Balaji was heading the mortgage finance business of ICICI Bank Ltd. He successfully managed the portfolio across distribution, risk, and relationship domains in the industry. He holds a Post Graduate Diploma in Business Management (PGDBM) from T. A. Pai Management Institute, Manipal.

A Chartered Accountant with over 25 years of experience with HSBC, Credit Lyonnais Securities Asia and IIFL Group in Singapore and Mumbai, Mr. Prabodh Agrawal worked in equity capital markets for over 20 years before moving to the current role of Group CFO. He joined IIFL in July 2007 as President – Institutional Equities and International operations, based out of Singapore and moved back to Mumbai in July 2012 as Head of Research and assumed the role of Group CFO in January 2016. He has close oversight of all key businesses of IIFL Group including the NBFC, Wealth and Capital Markets.

Mr. R. Mohan is a Chartered Accountant with 28 years’ experience in financial services and capital market regulations. He has been with the IIFL Group for 11 years and is heading the Group’s compliance division. Previously, he was with SEBI as General Manager and served for over 12 years. He has held various positions in the supervision, market surveillance and investigation functions at SEBI. Prior to SEBI, he was with Carborundum Universal, a part of Murugappa Group.

Anand​ Mathur has over 21 years of experience in HR Leadership roles having worked in some of the finest Indian and MNC organisations spanning across the Financial Services, Consulting and FMCG sectors. He has partnered with business leaders on evolving and successfully executing their People strategies to achieve business results and build a high-performance culture. The people strategies have typically centred around building a strong employer brand and talent pipeline, development and harnessing of talent through learning and development and retention of top talent. ​He​ has also led restructuring, merger and integration and other HR transformation initiatives in special situations across his career. ​Mr. Mathur is a certified Coach (Strengths Finder) and an avid contributor in the HR networks. He is an Alumnus of NMIMS with MBA in Human Resources and an Electrical and Electronics Engineer from Manipal Institute of Technology.​

Mr. Gajendra Thakur is a qualified member of the Institute of Company Secretaries of India and a Law Graduate with around 15 years of experience in the Legal, Secretarial and Compliance function. He has joined IIFL in May 2015. He is also working as the Company Secretary of India Infoline Finance Limited. Prior to joining IIFL, he has worked with Reliance Capital Asset Management Ltd [AMC of Reliance Mutual Fund] as the Company Secretary for around 3 years and Centrum Capital Limited for around 6 years as the Company Secretary of the Company. He also held various positions in Rajratan Global Wires Limited and Satish Jain & Company, prior to joining Centrum.

Prior to joining IIFL, Mr. Amarnath was associated with Mahindra and Mahindra Financial Services for 14 yrs and has handled various roles; the last as a Business Head – Retail Treasury & Mutual Fund. He was also a member of ALCO Committee and the Risk & Liquidity Management Committee where he closely worked with the Board of Directors towards ALM Management. Prior to that, he was associated with Mahanagar Cooperative Bank Ltd.