Board of Directors – Trustee

Mr. Amarjyoti Barua

Mr. Amarjyoti Barua is the Group Chief Financial Officer of Mahindra & Mahindra Limited (‘M&M’), with a career spanning over 25 years. He joined M&M in May 2023 as Executive Vice President - Group (Strategy). He is also a member of Group Executive Board. Prior to joining M&M, Mr. Barua was the Finance Leader for Oilfield Services & Equipment (OFSE) segment of Baker Hughes. Prior to Baker Hughes, Mr. Barua held multiple roles at General Electric Co. (GE) over the course of 18 years. He was the Chief Financial Officer (CFO) for GE’s Power Conversion business. He was also the CFO for GE Mining, Financial Planning & Analysis Leader for GE in India, and Executive Audit Manager at GE’s Corporate Audit Staff. Mr. Barua is also actively engaged in supporting a not-for-profit charitable institution for supporting aged women called “Seneh”.

Mr. A.K. Sridhar

Mr. A.K. Sridhar is a Chartered Accountant with over 37 years of work experience in the areas of Finance, Investment Management, Credit & Debt Markets, Equity Markets and Business Strategy. He holds a ‘Representative License’ issued by Monitory Authority of Singapore (MAS) to conduct Fund Management & Financial Advisory Services in Singapore. His work experience spans across various regulated Financial Services verticals - Mutual Fund, Insurance Industry, Offshore Funds, Alternate Investments, PE, Corporate Finance & Treasury and Financial Consulting. Till June, 2020, Mr. Sridhar was a full time Director and Chief Investment Officer (CIO) of an Insurance Company - a joint venture of Bank of Baroda, Union Bank of India (Andhra Bank) and Warburg Pincus Plc. Mr. Sridhar was the MD & CEO of UTI International (Singapore) Ltd. wherein he conceptualized and set up the offshore investment management business for UTI. He was also associated with UTI Asset Management Company as the Executive Director & Chief Investment Officer (CIO). Mr. Sridhar was also on the Boards of various Indian Companies as a Nominee Director of the lending institutions and as non-executive Director on the Board of Offshore Fund Companies registered in Singapore, Mauritius & Guernsey. He was a non-executive Director on the Board of Association of Mutual Funds in India (AMFI) for more than 4 years. He was also on the Capital Markets Committee of Indian Merchant Chambers (IMC) and a Member of the MSCI Emerging Markets Index Committee. He is a Member of Index Policy Committee of NSE Indices Ltd. He has the experience of interacting with the various Market Regulators such as SEBI, IRDA, PFRDA & RBI, MAS and FCA in UK (erstwhile FSA, UK) and FSA, Mauritius. He also held a position as an active Member of the IMAS (Investment Management Association of Singapore).

Mr. Suneet K. Maheshwari

Mr. Suneet K. Maheshwari has over 37 years of experience in project and corporate finance, investment banking and private equity with a focus on infrastructure & large Corporates. He has been at the forefront of public policy engagements w.r.t infrastructure reform, PPP initiatives, infrastructure financing and Indian credit markets and has been active on various policy advocacy matters at public fora like CII, FICCI, Assocham, and Indian Merchants’ Chamber. He has also been associated with L&T Infrastructure Finance Company Limited as Managing Director & CEO, L&T Finance Holdings Limited as Group Executive and Vice President wherein he was handling Enterprise Risk Management, Wholesale lending, Private Equity, CSR & RBI related activities. He is currently associated with Udvik Infrastructure Advisors LLP as Managing Partner. Mr. Maheshwari holds a Bachelors Degree (Honours) in Science from Mumbai University and M.B.A. (Marketing) from Pune University.

Mr. Nilesh Sathe

Mr. Nilesh Sathe has over 4 decades of rich experience in the Banking, Insurance & Mutual Fund Industry. He was Member of IRDAI Hyderabad from 2015 to 2019 during which period he headed Life Insurance Department along with Legal, IT, HR and Administration and also headed Non-Life (General Insurance), Intermediaries, Surveyors, Health, Finance & Accounts, Inspection and Enforcement for over a year. During his tenure as Member in IRDAI, he was also a member of Implementation Committee of International Association of Insurance Supervisors (IAIS) and represented India in Basel (Switzerland), Morocco, Budapest, Moscow, Singapore etc. He was also Member of Asian Insurance Forum and represented India at Manila, Bangkok, Taipei etc. Prior to joining IRDAI, he was CEO and Director of LIC Nomura Mutual Fund Asset Management Company. He has held various positions in LIC of India, such as Executive Director of a Marketing Channel, Chief (Pension & Group Schemes Dept.) and Sr. Divisional Manager of two prestigious Divisions of Mumbai. He has also worked with Bank of India and Canara Bank. Mr. Nilesh Sathe is a Certified Associate of Indian Institute of Bankers.

Mr. Michael C Fitzgerald

Mr. Michael C Fitzgerald holds a Bachelor’s Degree in Marketing Management from Syracuse University, New York, USA. He is a Managing Director and Head of Multi-Asset Product Solutions, Asia for Manulife Investment Management (Hong Kong) Limited (“Manulife HK”) since March 2020, where he is responsible for development of Multi-Asset product suite for distribution across Asia markets, including retail wealth, retirement and insurance. Since relocating to Hong Kong in 2014, he has been instrumental in the development of Manulife HK’s Asia investment manager research team and has led the development and launch of 20 plus investment products across multiple markets, including Luxembourg, Cayman Islands, Philippines, Taiwan, Vietnam and Thailand. He has over 23 years of experience and he is part of Manulife Group since January 2007.

Mr. Uday Shirish Bhansali

Mr. Uday Bhansali is a Chartered Accountant and holds a bachelor’s degree from Mumbai University. He has more than 35 years of extensive experience which spans across a number of key industries, particularly in Banking & Financial services, throughout his career, Mr. Bhansali has led and executed a number of marquee transactions and projects. Mr. Bhansali began his career at Accenture Plc. in 1987 in London as a Consultant and during his 20 years stint Mr. Bhansali held multiple roles, last being the P/L Head / Executive Director – Asia Pacific Energy 2005 - 2007. Mr. Bhansali joined Kotak Investment Banking as an Executive Director in 2008. Subsequently, served as an Executive Vice President – Business Development, at General Electric, South Asia, overseeing Mergers and Amalgamations, Joint Ventures and technology partnerships from 2010 to 2013. Mr. Bhansali was also the President – Financial Advisory for Deloitte Touche Tohmatsu India LLP for the last 9 years (2015-2024). During his tenure, he played the role of South Asia Executive, Asia Pacific FA Executive, Global FA Executive at Deloitte, and Chairman of the Board for Deloitte South Asia’s JV with UK and Canada for offshoring of FA services. Mr. Bhansali has experience in mergers and acquisitions, IPO advisory, large scale business transformation, Financial Due Diligence, Valuations, Forensics, Restructuring and Bankruptcy.

Mr. Mukul Gupta resigned as a Non-Executive Non-Independent Director of the Trustee Company with effect from 28^th October 2022
Pursuant to completion of his tenure as an Independent Director on September 20, 2025,Mr. Gautam Parekh has ceased to be an Independent Director from the Board of MMTPL.