Board of Directors

Board of Directors

Mr.NalinNayyarDirector

Mr. Nalin Nayyar has been with theReligare Group for six years. He is currentlyGroup President – StrategicInitiatives at RHC Holdings PrivateLimited (RHC), a PromoterGroup holdingcompany. Within Religare, he has earlier served as the CEO – ReligareGlobalAsset Management, Corporate Advisor to Fortis Healthcare and Head– InvestmentBankingfor Religare Capital Markets Ltd. Prior to joining Religare in 2010, hehas handledvaried roles in the financial services industry across the U.S.,Europe and Asia.He started his career in investment banking in New York withCitigroup, and relocatedto London in 1998, he joined Lehman Brothers in 2000in London and subsequently movedback to India with Lehman in 2006 as part ofthe team that developed and grew Lehman’sIndia business. He returned toCitibank in Mumbai in 2008.

Mr. Anil SaxenaDirector

Mr. Anil Saxena as the Group Chief Finance Officer, Religare Enterprises Limited,playsacrucial role in supervising the operations of Group Treasury, Finance, AccountsandRiskfunctions for the organization. He has been with Religare for more than15 yearsandhas played a key role in the Group's evolution from a mono-line brokingbusinesstoa diversified financial services platform.
He has over 25 years of post-qualification experience in the financial servicesindustry.Priorto Joining Religare, he has been associated with industry leaderssuch as KotakSecuritiesetc. He received a Bachelor's degree in Commerce from theUniversity ofDelhi. Heis a member of the Institute of Chartered Accountants ofIndia as wellas the Instituteof the Cost Accountants of India.

Mr. Kavi Arora Managing Director & CEO

Mr. Kavi Arora joined Religare Finvest Limited in year 2008 to spearhead the group’slendingplatform.It was his vision and farsightedness to focus on Small BusinessLendingas the corebusiness segment.
The company under his able leadership has gro into by SME lendingfinancialinstitutionsin India, supporting entrerenee theirdrea andthus evidencingtrue to theorganizations vision Iyur sucess, lies ors’.It is this empatheticapproachthat has led to building up a book size of over18,118 Crs as on 31st March, 2016.
Kavi’s vision has enabled Religare Housing Development Finance Corporation Limitedtoberecognized as a strong affordable Housing Business differentiated on ‘trust’and‘convenience’supported by a distinct and robust underwriting framework. RHDFCLcrosseda disbursementrecord of100Crores in March 2016, building the book size of over829 Crores as on 31st March, 2016
With over 22 years of diverse experience within the financial services, Kavi hasbeen associated with reputed companies such as ABN Amro Bank, ATS Services, CitiFinancial,20thCentury Finance, Consortium Finance and GE Capital. During his careerKavihas managedassignments of high repute both at domestic as well as internationallocations.Hehas been recognized for his outstanding performance through many accolades andawards during the course of his career.
Kavi has also contributed in various SME focused forums and has written articlesand whitepapers on subjects related to entrepreneurship such as Family Managed Businesses&BusinessPlanning Tips for SMEs. Kavi is currently the Chairman of Regional Council on MSMEsfor CII in Northern Region and also a member of CII’s NationalCouncil on MSMEs.He is also the Chairman for a very critical initiative of CIIfor providing financialadvice and support to its members, called CII Finance FacilitationCentre.
An avid sportsman, Kavi brings his go-getter attitude to the field in sports suchashockeyand cricket for which he has represented the teams at National and University levelsand also pursues his love for Golf. A true philanthropist, Kavi supports an orphanagewherehe likes to spend time with the children whenever possible.
His academic qualifications include a Bachelor’s Degree in Commerce from PanjabUniversity,aDiploma in Systems Management from NIIT and a Master’s Degree in BusinessManagementfromUniversity Business School, Chandigarh.

Mr. Padam NarainBahlIndependent Director

Mr. Padam Narain Bahl holds a Bachelor's Degee in Commerce from the KurukshetraUniversityanda bachelor's degree in law from Guru Nanak De University, Amritsar.He is a memberofthe Institute of Chartered Accountants of India. He has also receiveda DiplomainInformation System Audit from SSI, Amritsar.
Mr. Bahl has been practicing as a Chartered Accountant and an income tax advisorsince1979and has more than 37 yars of work experience. He was the Chairman ofthe NorthernIndiaRegional Council, Institute of Chartered Accountants of India,Amritsar Chapterforthe year 1998-99 and was a member of the Income Tax AdvisoryCommittee, AmritsarChapterduring the years 2002-03 and 2003-04. He joined ourBoard as an IndependentDirectoron March 26, 2007.

Mrs. Sabina VaisohaNon-executive Independent Director

Mrs. Sabina Vaisoha has been associated with India’s leading news network, New DelhiTelevision (NDTV) for over 16 years. During this period she has been a part of someof the most revolutionary and cutting edge programming and national events likethe Elections, fiscal Budget and Awrds.

She is currently a consultant with NDTV, working on Nationwide campaigns to spreadawareness of important social issues to bring about a change in society.

Mr. R. K.ShettyIndependent Director

Mr.Rama Krishna Shetty holds a Bachelor’s degree in Engineering from the BasaveshwaraEngineeringCollege, Bagalkot and has completed an Executive Development programin Production Planning Control and Financial Management from the Jamnalal BajajInstitute of ManagementStudies, Mumbai. He has more than 36 years of work experienceandhas received theprestigious National Productivity Award in the year 1992. Mr.Shettyhas been associatedwith the management of Hockey at the State and Nationallevelfor over 15 years.He was the President of The Indian Hockey Federation andKarnatakaState Hockey Associationand also Vice-President of Karnataka OlympicAssociation.

Mr.Srinivas Chidambaram Director

Mr.Srinivas Chidambaram is a qualified Chartered Accountant. He is the ManagingDirectorandChief Executive Officer of Jacob Ballas Capital ndia rivate Limited,a leadingIndiafocused private equity firm based in New Delhi. He previously servedwith HSBCPrivateEquity (Asia) and its affiliates in Hong Kong and India, responsibleforprivate equityinvestments in India and South East Asia. He has also served in theinformation technologyindustry with HCL Technologies Limited, responsiblefor financialinstitution relationshipsand strategic alliances in the USA. He commencedhis careerwith SRF Finance Limitedwhere he was responsible for Corporate Financeand InvestmentBanking, based in Bombay.Hehas 26 years of financial services andindustry experience,including 14 years inprivate equity. He was appointed on theBoard of our Companyon January 23, 2012.

Mr. Daljit SinghDirector

Mr. Daljit Singh is the President-Fortis Healthcare Limited, Chairman-Malar Hospitals,and a Director on the Board of Lanka Hospitals Corporation PLC, Dion Global Solutions Limited and HealthFore Technologies Limited. During his tenure of 14 years with Fortis, he has led the Company’s Projects Function, Strategy and Organizational Development Functions and has held the office of the Chief Executive Officer. He has over 42yrs of rich management experience in the Corporate sector.

Mr Singh has been a pivotal member of the top management team of Fortis Healthcare that conceptualized,formulated and implemented Fortis’ growth strategy to positionitas India’s leadingHealthcare delivery organization in a short span of almost 13 years.

Prior to joining Fortis, Mr Singh was on the Board of Directors of ICI India, a subsidiary of the British Multinational, Imperial Chemicals Industry plc, as the Executive Directrncharge of Human Resources, Manufacturing, External Relations and Communications.Amongst key responsibilities held at ICI India, he was the Chief Executive for Pharmaceuticals,Specialties a atysbuinsss. He was member of the ICI Global Manufacturng Goup,SE Xcellenc Group and the Global HR Forum. His key experience and achievements have been in the areas of develop in progressive HR,organiational restruturing,buildinghigh performnce culture and leading teams to deliver business value. He has successfully planned and executed significant change programs.

Mr Singh is an acknowledged expert and thought leader in the domain of Healthcare Delivery.He has represented Fortis at Industry forums like the CII and FICCI and led several healthcare related committees. He is an active participant on the World EconomicForum platform and is on the Steering Boards constituted by the Forum to guide anumber of major Global projects: “Scenarios for Sustainable Health Systems”, “The Healthy Living Charter”,and “Health Systems Leapfrogging”. He was on the Forum’s Advisory Boardon “The EconomicBurden of Non Communicable Diseases in India” and is currently on the Global Agenda Council on Ageing. He has spoken on panels and presented to Indian and International audiences on themes related to Healthcare.A certified Life and Executive Coach, he works with Senior Management to enhance personalperformance and fulfillment. He also leads and facilitates workshops on Strategy,Business Planning&Leadership. He has mentored and coached severalleaders across sectors. He has supported, guided and worked with high performersand leaders inICI, Mercedes Benz,E&Y, Sapient, Ricoh, WNS, Carrier Midea,SI group, Schneiderand Fortis. A graduate from the Indian Institute of Technology, Delhi, Mr. Singh was a Commonwealth Scholar to the Senior Management Programme at the Manchester BusinessSchool. Withan outstanding trackrecord in the field of athletics, hiscurrnt interets includeathletics, high altitude trekking, adventure sports, spirituality, music and reading.

Mr.Maninder SinghDirector

Mr. Maninder Singh, currently the Group Chief Executive Officer for REL, is responsible for providing strategic direction and leadership to all operating businesses and functions across the group. He comes on board with a rich and diverse experience of almost three decades in the corporate sector. He was previously associated with Ranbaxy Laboratories Limited for 27 years where he raise to eventually become the Global Financial Controller. During his tenure with Ranbaxy, he handled several critical global roles and successfully managed the Treasury, Insurance and Risk Management, Business and Trade Finance, Indirect Taxes, Payroll and Trust services, Financial and Management Accounting, Merger and Acquisitions, Investor Relations functions.

He also serves on the Board of various subsidiaries and operating companies of REL.He holds a B.Com (Hons) degree from the Shri Ram College of Commerce, Delhi Universityand is aChartered Accountant from the Institute of Chartered Accountants of India.

Mr. A C MahajanIndependent Director

A post graduate in Science, Mr. A C Mahajan has spent over 38 years in India's bankingindustryacrossvarious senior positions in India and abroad. He was the Chairman & ManagingDirectorof Bangalore-based Canara Bank between 2008 and 2010, afterworking as heChairmanand Maagin ircr o Kolkta-ased Allahabad Bank from2006 to 2008.He was earlierExecutive Director at Bank of Baroda nd as also servedas the ChiefExecutive of Bankof India’s Japan operations. After superannuationin 2010, Mr.Mahajan has been onthe Boards of several companies and has also beenserving asthe Chairman of the GoverningCouncil of the Banking Codes and StandardsBoard oIniasince Dembe 2011.

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