Tarun Kataria was appointed as an Additional Independent Director on the board of the Investment Manager on October 29, 2016 and as an Independent Director on September 22, 2017. He holds a master’s degree in business administration (finance) from the Wharton School of the University of Pennsylvania and is a chartered accountant. He is also an independent non-executive director (and member of the nomination and remuneration committee) of Mapletree Logistics Trust Ltd., an entity listed on the Singapore Stock Exchange. He is an independent director in Global Moats Fund, Mauritius. In India, he is an independent non-executive director (and chair of the risk management committee) of Westlife Development Limited. He is also an independent director in Eagle Hospitality Trust Management Limited and Jubilant Pharma Limited. He has almost 31 years of investment banking and capital markets experience in New York, Hong Kong, Singapore and Mumbai. He was previously the chief executive officer (India) of Religare Capital Markets Limited. Prior to this he was the managing director and head of global banking and markets at HSBC India, vice chairman of HSBC Securities and Capital Markets Private Limited and non-executive director of HSBC InvestDirect Limited. Before moving to India, Tarun Kataria was based in Hong Kong as the managing director and head of institutional sales, Asia Pacific for HSBC Global Markets, where he was responsible for all client-facing activity in foreign exchange, derivatives, equities and fixed income.
Rahul D. Asthana, IAS (Retd.), was appointed as an Additional Independent Director on the board of the Investment Manager on December 26, 2017 and as an Independent Director on September 28, 2018. He holds a master’s degree in business administration in international business from ICPE University of Ljubljana, Slovenia and a bachelor’s degree in technology (aeronautical) from Indian Institute of Technology, Kanpur. Currently, he serves as a non-executive director on the board of Aegis Logistics Limited, and NBS International Limited. He is also a director on the board of directors of Mahindra Vehicles Manufacturing Limited and Mahindra Waste to Energy Solutions Limited. Previously, he served as the Metropolitan Commissioner of Mumbai, Metropolitan Region Development Authority between 2011 and 2013, where his primary role was planning for the Mumbai Metropolitan region and implementation of large infrastructure projects. He served as the chairman of Mumbai Port Trust from 2008 to 2011 where he was heading operations and management of Mumbai Port. He was responsible for the formulation and approvals for new projects of capacity addition and implementation of large projects on a public private partnership basis. He has also served as the Principal Secretary, Energy Department of Government of Maharashtra and was responsible for formulating the renewable energy policy for the State of Maharashtra. He has also served as the chief executive officer and general manager of Brihan Mumbai Electric Supply and Transport dealing with distribution of power in South Mumbai and bus transport in Greater Mumbai.
Ashok Sethi was appointed as was appointed as an Independent Director on the board of the Investment Manager on October 20, 2020. He holds a bachelor’s degree of technology in Metallurgical Engineering from the Indian Institute of Engineering at Kharagpur. He has over 30 years of experience in the power sector with experience in project execution, operations, commercial, regulatory, advocacy and policy making. He is currently the Non-Executive Chairman of Tata Consulting Engineers Limited. He was also the Chief Operating Officer and Executive Director of The Tata Power Company Limited. He was also the chairman of various subsidiary companies of Tata Power. He was a director on the board of directors of The Tata Power Trading Company limited, Maithon Power Limited, Powerlinks Transmission Limited, Adjaristsqali Geogia LLC and was previously the Chairman of Industrial Energy Limited and Tata Power Community Development Trust. He was awarded CBIP Special Recognition Award 2019 for ‘Excellent Contribution in Power Sector’ Development. He has also a Member of the Institute of Directors.
Sanjay Nayar was appointed as a Non-Executive Director to the Board of the Investment Manager in 2019. He is the Chairman of KKR India. He joined KKR in 2009 and was a Partner and CEO of KKR India until December 2020. Prior to joining KKR, he served as CEO of Citigroup’s Indian and South Asian operations and was a member of Citigroup’s Management Committee and Asia Executive Operating Committee. He is a member of the Board of US-India Strategic Partnership Forum, the Governing Board of Indian School of Business and is an Executive Member of CII PE/VC Committee. He is additionally on the board of Max Healthcare Institute Limited, Avendus Capital Private Limited and JB Chemicals Limited, and is on the Advisory Board of Habitat for Humanity, Advisory-Committee Chairman of Grameen Impact Investments India and a Founding Member of Brookings-India.
Pratik Agarwal was appointed as an Executive Director of the Investment Manager on July 19, 2011 and was re-designated as a Non-Executive Director on July 31, 2018. He holds a master’s degree in business administration from London Business School and a bachelor’s degree from Wharton Business School, University of Pennsylvania. Pratik Agarwal has over 10 years of experience in building core infrastructure businesses in India. He is the Chairman of Confederation of Indian Industry Core Committee on Transmissions and on the Advisory Board of India Brazil Chamber of Commerce.
Harsh Shah was appointed as an Additional Executive Director on the Board of the Investment Manager on January 15, 2018. His appointment was regularized and he was appointed as the Chief Executive Officer and Whole-time Director with effect from August 1, 2018. He holds a master’s degree in business administration from National University of Singapore and a bachelor’s degree in electrical engineering from Nirma Institute of Technology, Gujarat University. He has extensive experience in infrastructure sector across bidding, financing, operations, mergers and acquisitions and regulatory policy. He was instrumental in setting up IndiGrid, India’s first infrastructure investment trust in the power transmission sector. He is also a member of the SEBI Advisory Committee for InvITs and REITs. Previously, he served as the Chief Financial Officer of SPTL. Prior to joining Sterlite, he has worked with Larsen & Toubro Limited, L&T Infrastructure Finance Company Limited and Procter & Gamble International Operations Pte. Limited.