Corporate Governance

Good corporate governance is about maximizing shareholder value on a sustainable basis while ensuring fairness to all stakeholders: customers, vendor partners, investors, employees, government and society.

Boards and Committees

Mr. Balaji Raghavan

Mr. Balaji Raghavan

Whole-Time Director

Mr. Balaji Raghavan, heads the Real Estate Practice at IIFL. He brings on board more than 15 years of experience in the Indian Real Estate and Banking industries at the leadership level. In his previous assignment he was heading the mortgage finance business for ICICI Bank and was a key contributor in ICICI's mortgage business build up. He had successfully managed this portfolio across various parameters of distribution, risk and relationships in the industry. Prior to that, Balaji has successfully built corporate banking, retail loans and SME businesses in his past assignments.This apart he has been a part of various real estate industry forums.

Mr. V.K. Chopra

Mr. V.K. Chopra

Independent Director

Mr. Vijay Kumar Chopra, an Independent Director is a fellow member of the Institute of Chartered Accountants of India. He was the whole-time member of SEBI for two years; prior to that he has been a career banker and has held several top positions during his 36 years of experience in banking industry. Some of his accomplishments include being the Chairman and Managing Director in Corporation Bank and SIDBI, 3 years as Executive Director in Oriental Bank of Commerce and 31 years in various capacities in Central Bank of India.

Ms. Mamta Singh

Ms. Mamta Singh

Non-Executive Director

Ms. Mamta Singh, holds a bachelor’s degree in commerce from Mumbai University and is also did her L.L.B from Mumbai University in the year 2004. She has around 16 years of experience in the field of law. She is associated with the company since December 2007. Earlier she worked with Paras Kuhad & Associates, Bhardawaj Associates.

Mr. Bhawani Jhanwar

Mr. Bhawani Jhanwar

Non-Executive Director

Mr. Bhawani Jhanwar holds a bachelor’s degree in commerce from Calcutta University and is also a qualified chartered accountant. He has around 18 years of work experience in the field of finance and accounts, MIS management, budgeting, funds raising, investor relationship, treasury, taxation and auditing. Prior to joining our Company, he worked with HDFC Securities Limited, Tikona Digital Networks, Bharti Airtel Limited and Emami Limited. He was Chief Financial Officer of IIFL Securities Limited till October 22, 2019.

Ms. Rekha Warriar

Ms. Rekha Warriar

Independent Director

Ms. Rekha Warriar, holds a Master's degree in Applied Mathematics from the University of Bombay and a Master’s in Public Policy from Princeton University, USA. She has an experience of over 30 years with the Reserve Bank of India in various departments. She has headed the departments of financial stability and internal debt management. She has also worked as a member of faculty in RBI's training colleges and at the National Institute of Banking Management, Pune.

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