Shri. Balkrishna V. Chaubal retired as Deputy Managing
Director of State Bank of India, after serving for more than
38 years with the bank. As Deputy Managing Director he was
overall in-charge of global markets' operations involving
bank's investments and forex. His role inter alia included
formulation of policy as well as strategy, ensuring
regulatory compliance like maintenance of CRR/SLR, managing
liquidity through money market operations and contributing
to investment decisions, Asset Liability Management and
Market Risk Management. Shri. Chaubal has also been a
visiting professor at the National Institute of Bank
Management, Pune, specializing in commercial banking,
corporate governance and strategy. He holds a Bachelor's
degree in Science from the Institute of Science Nagpur and
Master's degree in Physics from the Indian Institute of
Technology, (Powai) Mumbai. He is a Fellow of the Indian
Institute of Banking & Finance.
Shri Balkrishna V. Chaubal is also on the board of the following companies and body corporates:
Director-GVFL Trustee Company Private Limited
Director -SBICAP Trustee Company Limited
Shri Nehal Vora is the Managing Director & Chief
Executive Officer of CDSL since September 24, 2019.
CDSL under his leadership as the MD & CEO, has become the
leading depository of India with over 2 crore beneficiary
accounts and is the first and the only depository to launch
have its Branch at the International Financial Services
Centre (IFSC) at the GIFT City, Gandhinagar. In addition, he
continues to implement strong systems and processes for
effective governance.
Shri Vora has over 2 decades of experience. In his earlier
role as the Chief Regulatory Officer of BSE Limited and the
member of the Executive Leadership Team, he drove regulatory
excellence through membership compliance, surveillance,
inspection, investigation, regulatory communication,
investor services, listing compliance and regulatory legal
teams.
He began his career with Securities and Exchange Board of
India (SEBI) in 1996, where, he managed various functions
including the Derivatives and New Products Department,
covering policy, product and process innovation in areas of
derivatives. He also implemented the T+2 rolling settlement
and the system of Straight through Processing for the
Institutional trades for the Indian Securities Markets.
Shri Vora has also headed the Broking and Investment Banking
Compliance at DSP Merrill Lynch Ltd, as the Director, Law
and Compliance.
He has been felicitated with many Distinguished awards
across his career such as NetApp Innovation Award 2019 for
Social Media Parsing (using Artificial Intelligence),
Compliance Champion award, IDC Digital Transformation
Awards, Best New Product in Asia for Market Surveillance,
OGC Living the Mission Award amongst many others and latest
being recognised as the Distinguished Alumnus. He is a guest
speaker at various international forums, conferences and is
also a lecturer at the National Institute of Securities
Markets (NISM). Shri Vora holds a Commerce degree from H R
College, Mumbai and a Master of Management Studies degree in
Finance from the Narsee Monjee Institute of Management
Studies (NMIMS), University of Mumbai.
Prof. (Dr.) Bimalkumar N Patel is Vice-Chancellor of Rashtriya
Raksha University, (an Institution of National Importance),
Member of the National Security Advisory Board, National
Security Council, Government of India, and Member-Designate of
the UN International Law Commission (2023-28); Member of
Financial Sector Regulatory Appointments Search Committee,
Appointments Committee of the Cabinet, Government of India.
Prior to joining our Board, he has served as a member of the
21st Law Commission of India and as the Director / Professor of
Public International Law at Gujarat National Law University. He
holds a PhD (International Law, Leiden University, 2015); PhD
(International Law, Jaipur); LLM (International Law, Leiden
University, 1999), MA (International Relations, University of
Amsterdam, 1996), the Netherlands.
Prof. (Dr.) Bimalkumar N Patel is also on the board of the following companies and body corporates:
Director -AIC - Rashtriya Raksha University Incubation Foundation
Chairman & Director -Security and Scientific Technical Research Association - Rashtriya Raksha University
Shri. Sidhartha Pradhan joined Indian Revenue Service in 1977
batch. He has worked in various capacities, both in Central
Government and Government of Orissa. Worked as Additional
Commissioner and Commissioner, Income Tax (Central), Delhi. He
also worked as Secretary, Public Enterprises, Government of
Orissa from 1995-2000 and as Special Secretary (Commerce),
Government of Orissa. He is Former Vice- Chairman, Income Tax
Settlement Commission and Former Joint Secretary and Additional
Secretary, Department of Disinvestment in the Ministry of
Finance from 2007-2012. He was member of high level committee of
Ministry of Finance Government of India from 2014-17 on
rationalizing income tax laws relating to legacy tax issues. He
was also member of high level committee of Ministry of Petroleum
& Natural Gas relating to sector restructuring from 2017-2020.
Shri Sidhartha Pradhan did his Senior Cambridge at Stewart
School Cuttack; B.A. (Pol Science) from Ravenshaw College
Cuttack; M.A. (Pol. Science) from JNU, New Delhi, M.Phil from
JNU; LLB from Utkal University and MBA from University of HULL,
England.
Shri Sidhartha Pradhan is also on the board of the following companies and body corporates:
Director -PGIM India Trustees Private Limited
Director -Saral Home Finance Limited
Director-Earkart Limited
Prof. Umesh Bellur is currently a faculty at Department of
Computer Science & Engineering, IIT Bombay, Mumbai.
He has completed his PhD, Department of Computer Science and
Engineering from Syracuse University, Syracuse, NY USA and B.E.,
Electronics and Communication Engineering from Bangalore
University.
Rajeshree Sabnavis, Founder of Rajeshree Sabnavis & Associates
specializes in tax transfer pricing advisory and transaction tax
matters and has over 27 years of experience in advising clients
on their cross-border acquisitions and implementing the India
business strategy for multinationals. She also advised
multinationals including Fortune 500 companies in the areas of
tax and transfer pricing and has assisted large Indian Companies
in implementing their transfer pricing across jurisdictions in
the ITES sector. She works with some of the larger portfolio
investors investing in India including some of the large
Institutional investors in managing their tax compliance and
litigation in India.
Rajeshree is part of the Direct Taxation Committee and the
Diversity and Inclusion committee with the Bombay Chamber of
Commerce. A charter member of TIE, mentors a few entrepreneurs
including guiding them on sustainability and growth. She also
focusses on advocacy issues and has represented India business
Houses and Multinationals on various tax issues before the
Central Board of Direct Taxes. She is also a certified IICA
Mediator. Rajeshree is a qualified Chartered Accountant and a
Company Secretary.
Smt. Rajeshree Sabnavis is also on the board of the following companies and body corporates:
Director -BOB Capital Markets Limited
Director -Bombay Chamber of Commerce and Industry
Gurumoorthy Mahalingam has had a professional career of more than four decades spanning across the financial sector regulators, Reserve Bank of India (RBI) and Securities &
Exchange Board of India (SEBI). He has taken on varied roles in RBI encompassing financial market development, regulation and operations, foreign exchange reserves management,
debt management and regulation and supervision of banks. He was the Chief Dealer and Executive Director in-charge of forex market interventions as well as management of forex
reserves of the country and rupee liquidity policy and operations. In the above roles, he was instrumental in formulating regulatory policies in respect of financial markets
and conduct of market operations of RBI. His experience spans across most difficult and volatile times in the financial markets such as Global financial crisis, European debt
crisis (2011-12) as well as the taper tantrum (2013-2016). He was closely involved in giving shape to foreign exchange policies and monetary policy implementation.
In his role as a Whole-time Board Member of SEBI ( between 2016 and 2021), which carried Executive responsibilities as well, he has had a wide experience regulating
Mutual Funds, Stock exchanges, Listed companies, foreign portfolio investors, corporate governance aspects, stock and derivatives markets, corporate bond market,
amongst others. He has supervised the conduct of investigations and enforcement actions in regard to violations of securities laws and regulations. He was a quasi-judicial
authority for a little over 500 cases involving market misdemeanors. He is currently chairing the SEBI Advisory Committees on Secondary Markets as well as the Corporate bond market.
In RBI and SEBI, he was associated with important committees in the area of forex markets, financial benchmarks, corporate bond markets, etc.
Mahalingam began his career as a commercial banker with the State Bank of India in 1978 after finishing his Masters in Statistics and Operations Research from
IIT Kanpur. He is also an MBA in International Banking and Finance from the Birmingham Business School in the UK.
Shri Gurumoorthy Mahalingam is also on the board of the following companies and body corporates:
Director -Life Insurance Corporation of India
Director -City Union Bank Limited
Director -Care Ratings Limited
Director -India International Bullion Exchange IFSC Limited
Director -DSP Pension Fund Managers Private Limited
Prof. Varsha Apte is a Professor in the Department of Computer Science and Engineering at IIT Bombay and is currently the Head of the Department. She completed her M.Sc. from Pune University in 1989, and PhD. from Duke University in 1994, both in Computer Science.
After her Ph.D., she joined the Teletraffic Theory and Performance Analysis department in AT&T Bell Labs as a Member, Technical Staff, which later became the Network Design and Performance Analysis department of AT&T Labs. She joined as faculty in the Computer Science and Engineering Dept, IIT Bombay in 2002. During the academic years 2009-2011, she was on leave from IITB and Visiting Faculty at the Computer Science and Automation Department, Indian Institute of Science, Bangalore. While in Bangalore, she also worked at IBM Research Labs as part-time Visiting Researcher from June 2009-May 2010. From February 2016 to February 2019, she served as the Head of the Network and Computing Infrastructure department (called “Computer Centre”) of IIT Bombay. Her areas of interest are performance analysis of computing systems and networks and building applications for online programming education, including AI for programming education.
Shri Bharat Vasani is a seasoned legal professional who is currently Senior Advisor – Corporate Laws, at the Mumbai Office of Cyril Amarchand Mangaldas (CAM). Shri Vasani was a Corporate Partner at CAM for the last over 5 years, and has extensively advised on complex issues of corporate and securities law.
Prior to joining CAM, Shri Vasani was Legal Advisor to the Tata Group Chairman, having also in his earlier role been the Chief Legal & Group General Counsel of the Tata Group. His areas of specialization include corporate and commercial laws, M&A, joint ventures, and securities law.
Shri Vasani has over 40 years of experience at senior management levels and has successfully built and managed the in-house legal departments of large multinationals. He has been at the helm of and steered several large and significant M&A transactions pursued by the Tata Group in the last 17 years, including many successful cross-border deals. He has also negotiated many successful joint venture transactions with various multinational conglomerates situated in different legal jurisdictions on behalf of the Tata Group. He has served on the Boards of several listed and unlisted companies of the Tata Group.
Shri Vasani has extensively advised on complex commercial transactions involving nuanced legal issues on various aspects such as the related party transactions (RPT) regime in India, new CSR regime, schemes of arrangement, M&A, joint ventures etc and has also extensively advised on aspects relating to inbound and outbound investments and securities law. Shri Vasani has a vast experience in advising clients on the SEBI LODR Regulations, including the recent amendments notified by SEBI. Over the last few months, Shri Vasani has provided nuanced guidance to clients on strengthening their internal compliance and governance frameworks, so as to ensure compliance with the LODR Amendments.
He has also advised various leading companies on complex aspects of corporate and securities laws, corporate governance and crisis management. Shri Vasani has also conducted comprehensive training sessions for Board and Audit Committee members, on corporate law as well as governance- related aspects. Shri Vasani is highly regarded in Government and industry circles for his proactive approach on public policy issues. He is the Chairperson of the Legal Affairs Committee of the Bombay Chamber of Commerce and Industry - and has proactively represented before the Government and regulators (like MCA, SEBI and RBI) on recent regulatory changes in the realm of corporate law.
He is a keen public speaker and was selected to speak on India’s Competition Act at the reputed Chatham House, London. He is a prolific writer and routinely shares his views on various contemporary aspects related to corporate governance, and other corporate law issues on different public fora. He was also a specialist editor of the 19th Edition of A Ramaiya's celebrated commentary on the Companies Act. You may be interested to note that in the last 3 years, Shri Vasani has authored more than 50 blogs on a diverse array of topics ranging from company law, SEBI regulations, FEMA, and corporate governance
Shri Bharat Vasani is also on the board of the following companies and body corporates:
Director -Adani Total Gas Limited
Additional Director -Phoenix ARC Private Limited
Shri. Masil Jeya Mohan P. joined LIC in the year 1986. He has a
wide range of experience in different assignments in LIC as
Asstt. Branch Manager, Manager(IT), Manager (NB & Actuarial),
Manager (HR), Regional Manager (HR), Regional Manager (Estates),
Fund Manager of Pension & Group Scheme Fund, Chief (ULIP
Operations) and Executive Director (Investment).
Shri. Masil Jeya Mohan P. is Science Graduate with MBA Degree.
Shri Masil Jeya Mohan P is also on the Board of the following company:
Nominee (Non- Executive) Director - Centrico Insurance Repository Limited
Sushri Kamala Kantharaj is a seasoned finance professional with over 33 years of experience; currently designated as the Chief Regulatory Officer at BSE Limited, where she leads Enterprise Risk Management. With a strong background in financial markets and extensive work in organizations like PFC, IIM-B, BgSE, BgSE Financials, Invest smart, NSE, and Edelweiss Group, Sushri Kamala has actively contributed to capital market reforms and policy-making. She possesses in-depth knowledge of business, legal frameworks, governance, and regulatory aspects. Her expertise includes managing complex projects in financial markets, driving digitization, and successfully navigating multiple stakeholders' interests. Exceptionally, she made history as the first woman to functionally head a Stock Exchange across Domestic and International Exchanges during her tenure as Executive Director of Bangalore Stock Exchange.
Sushri Kamala Kantharaj is also on the board of the following companies and body corporates:
Director -Asia Index Private Limited
Director -Indian Clearing Corporation Limited
Director -BSE Investments Limited
Chief Regulatory Officer - BSE Limited
Name | Designation |
Shri Nehal Vora | Managing Director & Chief Executive Officer |
Shri Amit Mahajan | Chief Technology Officer |
Smt Nayana Ovalekar | Chief Regulatory Officer |
Shri Girish Amesara | Chief Financial Officer |
Shri Rajesh Saraf | Chief Data and Operations Officer |
Shri. Vinay Madan | Chief Risk Officer |
Shri Nilesh Lodaya | Chief of Business Development & New Projects |