Board of Directors

IIFL Trustee Limited (Formerly known as India Infoline Trustee Company Limited):

Details of Board of Directors of IIFL Trustee Limited:

Mr. A. K. Shukla - Independent Director
Age 70 years
Qualification M. Sc.
Brief Profile
  • Mr. Shukla is a former Chairman of Life Insurance Corporation of India and has rich experience of more than 41 years in the insurance business
  • He has received various prestigious awards which include ‘Distinguish Fellow’, Institute of Directors, Delhi; ‘Indira Gandhi Priyadarshni Award’ by National Unity Congress, Delhi, ‘Marketing King Award’ by IMM Delhi, etc


Mr. R.S. Loona - Independent Director
Age 65 years
Qualification B. Sc.; LLB
Brief Profile
  • Mr. Loona is a Corporate Lawyer by profession with an experience of more than 30 years in the legal field.
  • He has held senior positions such as Chief General Manager (Legal) in IDBI and Executive Director (Law) in SEBI
  • Mr. Loona has been associated with several Expert Groups/Committees constituted by Govt. of India, SEBI and also writes articles in financial newspapers on securities laws and corporate matters


Mr. J.H. Mehta - Independent Director
Age 64 years
Qualification B.Com; MBA from IIM, Ahmedabad; Graduate of the Advanced Management Programme Wharton School, USA
Brief Profile
  • Mr. Mehta is a Management Consultant by profession and has rich & varied experience of more than 30 years in financial service sector.
  • He was associated with renowned organisations like HLL as Vice President, Hindustan Lever as Executive Director, RPG Group as President.


Mr. R. Mohan - Associate Director
Age 51 years
Qualification Chartered Accountant
Brief Profile
  • Mr. R. Mohan has rich experience of more than 25 years in the corporate finance, financial services and capital market regulation, including 12 years experience with SEBI.
  • He has held various positions in SEBI such as Coordinator for the 'Committee on Delisting of Securities' and 'Group on Uniform Bye Laws' in 1997; Member Secretary of the 'Group for Review of Portfolio Managers Regulations' in 2000; Co-ordinator for the 'Committee on Strengthening Disclosures in the Offer Documents of Companies' in the year 2000 to 2001. In addition to this he was also a member of the Working Group to prepare 'Pilot Policy Statement on Takeover / Merger and Transfer of Shares of Banks' set up by RBI in 2003.
  • He is associated with IIFL Group since September 2005 and heads the Legal & Compliance Function


IIFL Asset Management Limited (Formerly known as India Infoline Asset Management Company Limited)

Details of Board of Directors of IIFL Asset Management Limited:

Mr. Pranab Pattanayak - Independent Director
Age 67 years
Qualification M.A. (Economics), CAIIB Pt-I
Brief Experience
  • Mr. Pattanayak has rich and varied experience of 37 years in the Banking & Fund Management field. He is a member of Rating Committee of Credit Analysis & Research Ltd. (CARE) and Consultant for SRB Consultancy (P) Ltd.
  • Mr. Pattanayak was Managing Director of State Bank of Mysore during the period August 2006 to January 2009. He has held senior positions as Dy. Managing Director in State Bank of India and State Bank of Travencore and has headed various departments such as ranging from Credit, Forex, Treasury and IT. He has been involved in evaluating and financing large Projects, Commercial and Institutional credit and has also headed domestic and foex treasury and bank’s investment portfolio.
  • During his tenure at State Bank of India, Singapore, he has handled funding operations, forex settlements, trade finance, asset liability management and Regulatory Compliance.


Ms. Homai Daruwalla - Independent Director
Age
  • 68 Years
Qualification Chartered Accountant
Brief Experience
  • Ms. Daruwalla has an experience of more than three decades in Banking & Financial services sector.
  • She was the Chairperson and Managing Director of Central Bank of India overseeing the entire operations of the Bank from June 2005 to December 2008. She has reached pinnacle of banking career with varied experience of working with three large Public Sector Banks viz. Union Bank of India, Oriental Bank of Commerce and Central Bank of India during last 34 years.
  • Ms. Duruwalla commenced her banking career with Union Bank of India where she handled many important assignments both at corporate office and field level. She was actively associated with a host of Committees constituted in the Bank in area of Corporate Governance, Banking Technology Solutions, Audit, Risk Management, Asset Liability Management, Customer Service, Premises and Property, Computerization including Core Banking etc. She was a Member of Central Sub-Committee on Concurrent Audit of Banks constituted by the Institute of Chartered Accountants of India, as also member of the Committee on Risk Management Practices and risk Based Supervision formed by the India Banks Association. During her association with Oriental Bank of Commerce, she has provided leadership inputs in the direction of improving work process, strengthening controls and in deriving benefits from Centralised Banking Technology. She has also handled prestigious assignment as Region of India Director on Board of Directors of ‘The Institute of Internal Auditors’ (IIA), Florida, USA for the term of two years from October 1995 to September 1997.


Mr. Amit Shah - Associate Director
Age 40 years
Qualification CFA, ICFAI
Brief Experience
  • Mr. Amit Shah, is the co-founder Director of IIFL Wealth Management Limited and has more than 16 years of experience in the financial services industry.
  • He focuses on IIFL Wealth's international business and is instrumental in securing key institutional relationships for the group, across the US, the UK, Singapore, Hong Kong, and Dubai. Under his leadership, IIFL's international business has reached a level where it advises institutions and HNI families on assets worth more than $1 billion.


Mr. Prashasta Seth - Whole Time Director
Age 39 years
Qualification B.Tech - IIT Kanpur ; PGP - IIM Ahemdabad
Brief Experience
  • Mr. Seth has over 14 years’ experience in investment management services. He has been with IIFL Group for last 6 years, managing and advising pooled assets and client portfolios specifically focusing on developing investment strategies, generating stock ideas and creating actionable research reports.
  • Prior to joining IIFL Group he has was with JP Morgan, London and heading Irevna (a S&P Company engaged in financial research & analytics).