Board of Directors – Trustee

Mr. Manohar G. Bhide

Mr. Manohar G. Bhide was the Chairman and Managing Director of Bank of India and also the Managing Director and Group Executive (National Banking) of State Bank of India. He has served on various committees constituted by the RBI. He was a Member of the Executive Committee - Currency Derivatives Segment, NSE. He is a Certified Associate from the Indian Institute of Bankers and holds a Master's Degree in Arts from the Mumbai University.

Mr. Gautam G. Parekh

Mr. Gautam G. Parekh is a Fellow Member of the Institute of Chartered Accountants of India and is in practice for over 35 years. He has vast experience in the fields of Direct Taxes and Corporate Laws. He is also on the board of Indchemie Health Specialities Private Limited.

Mr. A.K. Sridhar

Mr. A.K. Sridhar is a Chartered Accountant with over 36 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 36 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 Bachelor's 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. Mukul Gupta resigned as a Non-Executive Non-Independent Director of the Trustee Company with effect from 28th October 2022