MR. SANJAY S. LALBHAI
(CHAIRMAN AND MANAGING DIRECTOR)
Mr. Sanjay S. Lalbhai, 58 years, is the Chairman and Managing Director of the Company. He is a Science Graduate with a Master's degree in Business Management and has been associated with the Company for more than 33 years. He also holds directorships in Arvind Lifestyle Brands Limited, Arvind Retail Limited, Arvind Brands & Retail Limited, Amol Decalite Limited, Torrent Pharmaceuticals Limited, Arvind Worldwide Inc., USA, Arvind Worldwide (M) Inc., Arvind Overseas (M) Ltd. Arvind Spinning Ltd., Mauritius and Arvind Textile Mills Limited, Bangladesh.
MR. JAYESH SHAH
(DIRECTOR AND CHIEF FINANCIAL OFFICER)
Mr. Jayesh K. Shah, 52 years, is the Wholetime Director with the designation of Director and Chief Financial Officer of the Company. He is a Commerce Graduate and a Chartered Accountant and has been with the company since 1st July, 1993. He has a distinguished academic career and extensive administrative, financial, regulatory and managerial expertise. He also holds directorships in many other companies.
MR. PUNIT LALBHAI
(EXECUTIVE DIRECTOR)
Mr. Punit Lalbhai, 30 years, is an MBA from INSEAD (France) specializing in Strategy and General Management, along with Post-Graduate degree in Masters of Environmental Science from Yale University, and a Bachelors degree in Science (Conservation Biology) from University of California, USA. He has several awards and honors during his career including Research Grants, Presidential Fellowship Grant, J.M. Long-Endowed Scholarship and inclusion in Dean’s Lists for consistent Academic Excellence. He is passionate about nature conservation and sustainability, and is currently serving as a Board Member for Sustainable Apparel Coalition, Council Member for Better Cotton Initiative (Geneva) and Member of CII for Family Business Network.
MR. KULIN LALBHAI
(EXECUTIVE DIRECTOR)
Mr. Kulin Lalbhai, 27years, is an MBA from Harvard Business School (USA), along with a Bachelors degree in Science (Electrical Engineering) from Stanford University, USA. He has held several leadership positions during his academic role including serving as Co-President of Family Business Club at Harvard, Associate Director for Stanford Asia Technology Initiative and also serving as Conference Co-Chair for the Harvard-India Conference. He is passionate about Retail Industry and B2C businesses and has researched extensively on Disruptive Business Models and Online space.
OTHER DIRECTORS
Mr. Sudhir Mehta
(Non-executive and Independent Director)
Mr. Sudhir Mehta is a Science Graduate from Gujarat University. He was instrumental in the growth and progress of Torrent Pharmaceuticals Ltd., the flagship Company of the Torrent Group. He systematically expanded the power business of Torrent Group by acquiring significant stakes in the Torrent Power AEC Ltd. and Torrent Power SEC Ltd. and Torrent Power Generation Limited, now merged with Torrent Power Limited and one among the few successful independent power projects in India. He has managed strategic alliance with leading international giants from U.K., Germany, France and USA. He is an Executive Chairman of Torrent Power Limited and a Chairman of Torrent Pharmaceuticals Limited, Torrent Private Limited, Torrent Pipavav Generation Limited, Torrent Energy Limited and Diamond Infrastructure Private Limited.
Dr. Bakul H. Dholakia
(Non-executive and Independent Director)
Dr. Bakul H. Dholakia is a Gold Medalist from Baroda University and he has a Doctorate in Economics. He has 41 years of professional experience including 33 years at IIM, Ahmedabad. He has been a consultant to various national and international organizations. He was awarded many awards including Padma Shri by the Government of India in recognition of his distinguished services in the field of education in 2007, Bharat Asmita National Award for his contribution to management education and teaching by the Hon’be Chief Justice of India in 2008 etc. In 2005, Dr. Bakul Dholakia was rated as one of the most powerful personalities of Gujarat by two separate media groups. Global Associations of Business Schools have also honoured Dr. Bakul Dholakia for his sterling contribution in the field of management education. The Global Foundation for Management Education (GFME), jointly formed by the Associations of American and European Business Schools, has nominated Dr. Bakul Dholakia as a Member of the Board of GFME representing Asia. Dr. Dholakia has been a Board Member of Reserve Bank of India Western Area Board from 1993 to 2001. He was appointed as the Chairman of the National Board of Accreditation for Technical Education in India. Over the last two decades, Dr. Dholakia has worked on numerous government committees. He has also been a member of the Jury for various Corporate Excellence Awards and Selection Committees for CEOs. Dr. Dholakia is the author of 12 books. Currently, Dr. Dholakia is leading the educational initiatives of Adani Group.
Mr. Munesh Khanna
(Non-executive and Independent Director)
Mr. Munesh Khanna, 50 years, is a Chartered Accountant from ICAI. He has been with the Company since 27th October, 2007. He has over 20 years of experience in the financial, regulatory and taxation domain. He has an extensive network of relationships with Indian Corporates. In addition to management experience, he has been involved in Investment Banking and Corporate Advisory Services with special emphasis on raising resources from Capital Markets and Private Equity, Merger & Acquisitions, establishing joint ventures and corporate restructuring. He has a wide-range of experience in a number of sectors including Power, Energy, Telecom, Media & Pharma.
Mr. Munesh Khanna has held senior position in organizations such as Arthur Andersen (Head of Corporate Finance), NM Rothschild & Sons (Country Head), DSP Merill Lynch (Head of Investments Banking) & Enam (Partner).
Prior to joining Grant Thornton, he was the MD and Head of Investment Banking at Centrum Capital Ltd., a leading financial services firm and is responsible for providing strategic and financial advisory services in corporate finance, M&A, restructuring and strategic initiatives and is also responsible for all equities business.
He is very active speaker and has spoken at several public forums and is regularly quoted in press and TV.
Ms. Renuka Ramnath
(Non-executive and Independent Director)
Ms. Renuka Ramnath is the Founder and Managing Director of Multiples Alternate Asset Management Pvt. Ltd. which seeks to manage circa $450 million of Indian and International capital.
In her career spanning nearly two and a half decades in the Indian financial sector, Ms. Renuka Ramnath has been involved with building several businesses from scratch in the ICICI Group which include Investment Banking, Structured Finance and e-Commerce in the 1990s and Private Equity in 2000; much before each of these terms became ubiquitous in Indian marketplace.
Ms. Renuka Ramnath led ICICI Venture to become India’s largest private equity fund whilst transforming the firm from a bank’s investment arm to a traditional blue-chip private equity fund managing substantial amounts of third party capital – both domestic and international. All four funds raised by her (aggregating to US$1.5 billion) have been the then largest domestic funds raised in the Indian market.
Time and again, Ms. Renuka Ramnath has demonstrated her ability to identify and conceptualize new business opportunities, create high quality teams and quickly build these businesses to scale. As a result, she has featured in many prestigious listings, including the Top 25 Most Powerful Women in Business (Business Today, India), India’s most Powerful CEO’s (Economic Times) and in the Top 25 Non Bank Women in Finance (US Banker’s global list).
In her new avatar, Ms. Renuka Ramnath looks to bring together her tremendous experience, long-standing credibility and enormous relationships to build Multiples as a platform to channelise long-term capital to create valuable enterprises and successful entrepreneurs. She draws motivation from the fact that supporting entrepreneurs to build sustainable businesses has the potential to generate employment, to create ripple effects in the Indian economy and to facilitate the greater process of nation building.
Mr. Prabhakar R. Dalal
(Nominee Director of EXIM Bank of India)
Mr. Prabhakar R. Dalal is the Executive Director of EXIM Bank of India having qualifications of M.Com, LL.B, CAIIB and PGDFERM and a fellow of the Indian Institute of Banking and Finance (FIIBF).
He has six years’ experience in commercial banking after joining as PO and 28 years’ experience in International Trade Financing, Projecting Financing, Institutional Relations, Corporate Banking and Corporate Finance. Currently he is Executive Director in charge of Corporate Banking, Small & Medium Enterprises/ Agri business, Risk Analysis & Credit Management, Human Resources Management, Administration, Research & Planning, Bank’s Offices in India and Overseas, Legal, MIS and Risk Management.
He has served as Resident Representative In charge of Banks’ Offices in Johannesburg (South Africa) and Abidjan (Cote d’Ivoire).
He is on the Board of Wanbury Limited, Mumbai.