Board of Directors

Mr. Jagdish Capoor joined Reserve Bank of India in 1962 and held various positions across different departments of the Bank and appointed as the Executive Director and Deputy Governor of the Bank. During the service at RBI he was deputed to Unit Trust of India to take over as Chairman and also appointed as Chairman of Deposit Insurance and Credit Guarantee Corporation and Reserve Bank of India Note Mudran Limited. During the service at RBI, he was also appointed on the Board of Bank of Baroda, National Housing Bank, Export Import Bank of India, State Bank of India and National Bank for Agriculture and Rural Development and retired from RBI in the year 2001. He was the Chairman of HDFC Bank Limited during 2001-10, the Chairman Agricultural Finance Corporation during 2002-15 and on the Board of Bombay Stock Exchange initially as member and later as Chairman during 2003-10.

He is also on the Boards of several prominent companies and had been a member of the Board of Governors of the Indian Institute of Management, Indore.

Mr. Hormazdiyaar Vakil is a Partner in Mulla & Mulla & Craigie Blunt & Caroe, Advocate & Solicitor. He enrolled on the roll of solicitors of the Bombay Incorporated Law Society in 1976, and was admitted as a solicitor of the Supreme Court of England in 1985. He was one of the specialist editors of the 11th Edition (1988) of Ramaiya’s Guide to the Companies Act and has also contributed to the first and second editions of the India Investment Manual published by Asia Law and Practice, Hong Kong.

He is also a Director on the Board of various Companies.

Mr. Surjit Banga has over 37 years of experience in banking and financial services industry. Before his retirement in 2001 from State Bank of India, he had held the office of Chief General Manager (Management Audit) and also as Managing Director, S.B.I. Factors & Commercial Services (Pvt.) Ltd. During the period 1995-1999 He was the Chief Executive Officer of the Bank's Paris (France) operations and in that capacity also acted as representative for Portugal, Spain, West and North Africa. He is also on the Board of various companies, and the member of the committee(s) of the Board. He was elected as a Fellow Member of the All India Management Association, New Delhi in 2000. He is on the Advisory Board of the Accommodation Times Institute and is a Life Member of the Indian Institute of Public Administration, All India Business Council and Consumer Guidance Society of India.

Mr. Suresh Lulla is the Founder & Managing Director of Qimpro Consultants Private Ltd. a focused quality management consultancy firm. Mr. Lulla is a B.Tech (Mechanical Engineering) from IIT, Bombay and M.S. in Industrial Engineering from Wayne State University, Detroit. He is a Senior Member of the American Society for Quality and a Certified Management Consultant from the Institute of Management Consultants of India.

He is a Director on the Board of various Companies and is the Chairman, IMC Quality Awards Committee which adjudges the IMC Ramkrishna Bajaj National Quality Award as well as IMC Juran Medal.

Mrs. Nalini Kak has over 36 years of experience in Railways (Government) accounting, budgeting & financing. She has experience in all aspects of Railway accounts including stores & workshop, project accounts, revenue & capital accounts, budgeting, tenders & contracts. Implementation of IT based systems for receipts & expenditure & pension on Indian Railways. She has worked in several Zonal railways & Railway Board.

Mr. Subramanian Ganapathy is one of the founder members of HDFC Bank Ltd. and served as Country Head of Internal Controls and Compliance Risk reporting to the Non – Executive Chairman and the Audit and Compliance Committee of the Board of Directors of HDFC Bank for over 17 years, from January 1995 to April 2012. He was then appointed by HDFC Bank as Advisor, Internal Controls and Compliance Risk from May 2012 to April 2016.

Prior to joining HDFC Bank, he worked in Reserve Bank of India for about 23 years in the Bank Supervision Department. He has also been on the Boards of several prominent companies.

Mr. Kaiwan Kalyaniwalla, is a Solicitor and Advocate of the Bombay High Court and a Senior Partner in the law firm of Maneksha & Sethna in Mumbai. He has been in practice for over 30 years. Mr. Kalyaniwalla is enrolled as a Solicitor of the Supreme Court of England and Wales. He serves on the board of public listed and private Indian and foreign companies and advises private sector corporates, multinational banks, transport and logistics companies and some of India’s largest property development companies and business houses. Mr. Kalyaniwalla is on the investment committee of a real estate fund and NBFC. He is also on the Board of Trustees of public trusts. His practice is predominantly in the field of corporate laws, property laws, tax laws and general commercial laws. Mr. Kalyaniwalla has been an active member of the Managing Committee of the Bombay Incorporated Law Society and is its current President.

Mr. Jimmy A Patel joined Quantum Asset Management Company Private Limited as the Chief Executive Officer in May, 2010 and has been appointed as the Managing Director on the Board on August 23, 2017.

Mr. Patel has over 23years of rich & valued experience in mutual fund industry with more than 2 decades of experience in the Financial Services Industry. Prior to Joining Quantum, he was associated with Edelweiss Asset Management Limited as Chief Executive Officer. His earlier experience includes assignments with J M Financial Asset Management Private Limited, First source Limited, IDBI - Principal Asset Management Co. Ltd., Sun F&C Asset Management (I) Private Limited and Tata Asset Management Limited.

Mr. Patel is a Chevening Standard Chartered Financial Services Leadership Fellow having completed the Chevening Standard Chartered Financial Services Leadership Programme at Kings College, London. He was a director on Association of Mutual Funds in India (AMFI) Board and also has been a member of various AMFI and SEBI Committees.

Mr. I. V. Subramaniam has over 27 years of experience in the investment management and financial services industry. He is presently the CEO, CIO and MD of Quantum Advisors Private Limited. He Joined Quantum in June 1996 as a Research Analyst and was appointed as a Director in 1998.

Since June 2000, Mr. Subramaniam has managed India-dedicated Portfolios for India-based clients and since 2005, he has been managing India dedicated portfolios for international clients.

During 1998-2004, under advisory services provided by Quantum Advisors to Hansberger Global Investors, Inc, USA, his responsibilities included research coverage on Indian companies, electric utilities in emerging countries, and building materials companies globally. He has travelled extensively to meet many of these companies in emerging markets and in the developed world.

Prior to joining Quantum, he was a Research Analyst with Securities Capital (I) Ltd (1995-1996). Mr. Subramaniam began his career in the Indian financial services industry in 1991, working with Karvy Consultants, a share registrar and retail distribution company, where he focused on new IPO listings and back office functions.

Mr. Kamal Pande started his career in the Indian Administrative Service in1965 and rose to the topmost echelons of governance, as Secretary to the Council of Ministers. As the Cabinet Secretary of Government of India, he was instrumental in developing a reform agenda for Civil Services in India. He has superannuated from Indian Administrative Service in 2004 from the post of Cabinet Secretary, Government of India .He has served the Government of India at various capacities since 1989to 2004 as Cabinet Secretary ,Home Secretary, Secretary Agriculture, Chairman-National Pharmaceutical Authority, Additional Secretary & Finance Adviser, Joint Secretary - Finance Commission, Joint Secretary - Investments, Joint Secretary Finance -Ministry of Finance and Controller of Capital Issues. He has handled various matters pertaining to the Cabinet, internal security, law and order administration, agriculture and relations with the state governments, stock markets and investments and financial matters for Government of India during various assignments.

Mr. C. Srinivasan was a Director -Finance in BHEL during March 2001 to May 2005. During September 1983 to March 2001. He was the Dy. Chief/ Chief Financial Controller of IPCL, Baroda. During September 1978 to August 1983. He was the Management Accountant / Chief Accountant with The Zambia Steel & Building Supplier Ltd (Lusaka). During July 1975 to August 1978. He was an Assistant Financial Controller with IPCL, Baroda.

Mr. S. R. Balasubramanian has over 20 years of experience in developing IT Infrastructure and IT advisory services in the financial services Industry. He has been previously associated with various banks in India and overseas like Barclays Bank, HDFC Bank, Citibank NA, Yes Bank, Lakshmi Vilas Bank, in various capacities including as an IT Infrastructure Advisor, IT Services Advisor, etc.

Mrs. Uma Mandavgane is a Chartered Accountant and Certified Information Systems Auditor and has professional experience spanning 28 years in Corporate Finance Management and Risk Advisory Consulting.

She provides Business and Technology Risk Advisory in Information Systems Security domain and has held senior positions in a Big 4 Consulting firm.

Mr. I. V. Subramaniam has over 27 years of experience in the investment management and financial services industry. He is presently the CEO, CIO and MD of Quantum Advisors Private Limited. He Joined Quantum in June 1996 as a Research Analyst and was appointed as a Director in 1998.

Since June 2000, Mr. Subramaniam has managed India-dedicated Portfolios for India-based clients and since 2005, he has been managing India dedicated portfolios for international clients.

During 1998-2004, under advisory services provided by Quantum Advisors to Hansberger Global Investors, Inc, USA, his responsibilities included research coverage on Indian companies, electric utilities in emerging countries, and building materials companies globally. He has travelled extensively to meet many of these companies in emerging markets and in the developed world.

Prior to joining Quantum, he was a Research Analyst with Securities Capital (I) Ltd (1995-1996). Mr. Subramaniam began his career in the Indian financial services industry in 1991, working with Karvy Consultants, a share registrar and retail distribution company, where he focused on new IPO listings and back office functions.

Mr. Thakur is a Former Chairman HDFC Bank; Former Head of Exchange Control Department - Reserve Bank of India.

Mr. Udwadia, Esq., MA, LLB is the Founder Partner of Udwadia & Co, Solicitors & Advocates, Mumbai. His firm and he are Legal Advisors to many Indian companies; multinational corporations and foreign banks having a presence in India.

MD of Celerity Ventures, LLC, USA - focuses on starting new companies.

Ms. Vande Berg holds a Doctor of Philosophy degree from Vanderbilt University and a Masters of Arts degree from Duke University, North Carolina, USA.