Sh. Padmanabhan Raja Jaishankar
Chairman
With his rich experience of over 35 years in Development Banking and Financial domains, Mr. P. R. Jaishankar is presently serving as the Managing Director of IIFCL and is the Chairman of IIFCL’s wholly-owned subsidiary companies, viz., IIFC(UK) Ltd, IIFCL Projects Ltd (IPL) and IIFCL Asset Management Company Ltd (IAMCL). Before his current position, Mr. Jaishankar has held various key positions such as Executive Director of National Housing Bank, and has served as Director on the Board of various institutions.
Mr. Jaishankar's visionary approach continues to redefine India's infrastructure financing landscape through policy advocacy measures. He is member of several national level committees such as the CII Infrastructure Council and is on the Managing Committee of the Indian Banking Association (IBA). He has led the introduction of new and innovative financing products such as Credit Enhancement and Takeout Finance, and is known to have structured India’s first ever Mortgage Securitization transaction.
Mr. Jaishankar holds a Master's degree in Technology from IIT, Delhi and is an MBA (Finance) from FMS, Delhi University.
Sanjeev Chanana
Independent Director
Sanjeev Kumar Chanana is a well known name in the area of Investment Management and a veteran in the Indian insurance sector. Having held a variety of leadership positions across both life and non-life segments, for more than four decades, he is presently on the Board of Directors of The New India Assurance Company Limited, Mumbai, and is also a Trustee of the National Pension Scheme Trust(NPS) under the PFRDA.
He joined Life Insurance Corporation of India (LIC) in 1977 and superannuated in 2013 from The Oriental Insurance Company Limited (OIC) as an Executive Director. As a CIO, and a well-regarded technology change maker, he is credited with the digitalization of OIC’s core solution – making it the first public sector Non-Life Insurance Company to implement the fully integrated framework in 2007 – for which he was felicitated with the CIOL Award, as the best CIO in the Insurance sector -2009.
With more than 20 years’ experience in corporate management, and handling investment assets of LIC, OIC and thereafter as Advisor in The Agriculture Insurance Company of India Limited, New Delhi (AICIL), Mr. Chanana has also been a Nominee Director on the Boards of Modi Rubber Limited and Punjab Tractors Limited (later taken over by Mahindra & Mahindra Limited).
Mr. Chanana is a Post graduate in Economics from The Delhi School of Economics, Delhi University, and also holds a Degree in Law from Delhi University. He is also a Member of The Institute of Company Secretaries of India.
Sh. H.K. Parikh
Independent Director
Mr. Parikh is M. Com. in Business Administration and CAIIB. He retired as General Manager from Punjab National Bank. He worked in the bank for more than 39 years and has vast experience of the field and Administrative Offices. He worked in HR Division, Corporate office of the Bank as Chief Manager for about four years. He had also handled large corporate credit at Corporate Office of the Bank as DGM and GM for more than six years.
He was also nominated as Independent Trustee by the Punjab National Bank and had served as Independent Trustee on the Board of Trustees of IIFCL Mutual Fund (IDF) for around six years i.e till 31.12.2017.
Presently he is engaged by Asian Development Bank as Consultant (Finance cum Renewable Energy Expert) for financing of Roof Top Solar Power Projects through PNB, who has been sanctioned a line of credit by ADB.
Sh. Sudhir Arya
Independent Director
Sudhir Arya is a fellow member of The Institute of Cost Accountants of India, Institute of Chartered Financial Analysts of India and has a management degree with major in Finance from Mangement Development Institute, Gurugram.
He worked with NTPC Ltd, India’s premier power utility from 1981 to 2019. He was working as the Chief Financial Officer of the Company when he left it to join as Director (Finance) of Uttar Pradesh Power Corporation Ltd. He brings with him a rich and diverse experience of more than 40 years in various facets of Finance, dealing with domestic and overseas investors and lenders, project finance, contracting for projects, fuel, power sales & purchase, financial reporting and audit etc.
He has in the past served as a director on the Boards of many joint ventures and subsidiaries of NTPC Ltd and various subsidiaries and associate companies of UPPCL.
Sh. Sanjeev Kumar
Director
Sh. Sanjeev Kumar has been engaged with SBI Home Finance Company Limited, Kolkata and was holding the position of Branch Manager from November 1994 to July 2003, he was holding the position Regional Credit Manager, ICICI Bank, Kolkata and was engaged in Credit appraisal and approval of all housing loan proposals for the Eastern Region, was handling the team of credit manager of 13 hubs across the states of West Bengal, Jharkhand, Bihar and Assam from August 2003 to January 2011, from February 2011 to February 2015, holding the position of AGM & DGM in IIFCL and has been looking after the Accounts & Resources. Treasury Business of IIFCL. He was also GM (on Deputation) in National Highways Authority of India from March 2015-February 2020 and Has been looking after the finance division related to projects been executed by NHAI via PPP or non-PPP mode, Revival of stressed PPP Projects. Land Acquisition, Financial Management and to develop and execute the Project Finance control mechanism for NHAI. Holding the position of GM in IIFCL and Has been looking after the Accounts & Resources. Treasury Business of IIFCL from March 2020 to continue.