Skip to main content
x

Directors Information

Directors Information

Dr. Emandi Sankara Rao

Dr. Emandi Sankara Rao

(Non-Executive Chairman)

Institution of the country set up in 1948 and has been contributing towards Indian economic growth through development of infrastructure and industry. Dr. Rao is also the Chairman of IFCI group companies and institutions namely Stock Holding Corporation of India Ltd, IFCI Venture Capital Funds Ltd, IFCI Factors Ltd, Management Development Institute – Gurgaon & Murshidabad and Institute of Leadership Development. He is an alumni of IIT Bombay (PhD), IIT Kharagpur (M. Tech), Pondicherry Central University (PGDBA) and Andhra University (B.E. Electrical Engineering).

Prior to IFCI Ltd, Dr.Rao has served for over 30 years with leading Financial Institutions – IIFCL and IDFC. He has extensive experience in Project & Corporate Finance, Private Equity, Investment Banking, Infrastructure Development and Long Term Resource Raising (Domestic & Foreign Capital). He was the Founder Director & CEO of IIFCL Asset Management Company Ltd and also the Founder Director & CEO of IIFCL Projects Limited and also was associated with the IDFC Group as Director & Business Head.

Dr.Rao has been a member in the Sub-Group on Infrastructure Finance (under RBI and erstwhile Planning Commission Working Group on Savings Formulation) of the 12th Five Year Plan, member of Sub-Group on Financing Urban Infrastructure in the 12th Five Year Plan, and a member in the Ministry of Finance – DFS Committee on Debt Market Development and contributed to several research & policy papers in various National and International Conferences & Workshops. Recently, he has been recognised by the globally renowned Asia Pacific Enterprise Awards for his contribution in the field of financial services.

Besides being a Banking & Finance Specialist, Dr.Rao is also an Academician, Skill Developer & Start-up Enabler, Social Reformer and a Farmer!

#

Shri Subhash Chander Kalia

(Non-Executive Director)

Shri Subhash Chander Kalia serves as a Senior Strategic Advisor at Yes Bank. Previously, Mr. Kalia served as Executive Director of Union Bank of India and of Vijaya Bank Ltd. Mr. Kalia joined Bank of Baroda in 1973 and worked in several capacities up to the level of General Manager till 2008. He was instrumental in setting up Baroda Pioneer Asset Management Company and Baroda L&G Life Insurance Company. He has vast corporate governance experience and rich international experience. He serves as Independent Director on the Board of Tengri Bank Kazakhstan. Mr. Kalia holds a Master's degree in Political Science, he is a CAIIB and is also a Gold Medalist. He has been a recipient of several awarded like Banker Shiromani Award, Utkarsh Award, Hindi Diwas Award, etc.

R N Dubey

Shri R N, Dubey

(Non-Executive Director)

Shri R N Dubey belongs to 1984 batch of Indian Economic Service. He has joined Department of Financial Services, Ministry of Finance w.e.f., 20.11.2015 as Economic Adviser and as a Government Nominee Director on the Board of IFCI Limited w.e.f. July 6, 2016 till April 01, 2018. Earlier he was working in the Ministry of Defence, since February, 2012, initially as Joint Secretary & Adviser to the Defence Minister till December, 2014 and thereafter as Joint Secretary (Training) and Chief Administrative Officer till 19.11.2015. He has wide experience in public policy and its implementation having worked as Advicer in the Department of Economic Affairs, Ministry of Finance, as Director in the Ministry of Defence and the Ministry of Labour and as Deputy Secretary in the Ministry of Home Affairs and in the Ninth Finance Commission.

He has also worked with the World Bank, Washington under Voice Secondment Programme. He has Master's Degree in Economics from Rajasthan University and M.Sc Degree in Management and Implementation of Development Projects from the University of Manchester Institute of Science and Technology (UMIST), UK.

Mr J Venkateswarlu.jpg

Shri J. Venkateswarlu

(Non-Executive Director)

Shri Venkateswarlu Jonnalagadda is a practicing Chartered Accountant since last 32 years rendering professional services in the fields of accountancy, auditing, finance, taxation, banking and other economic laws to NBFCs, Insurance Companies, Not for profit Organizations and Corporates, as Statutory Auditors, Internal Auditors, Management and Tax Consultants.. He is carrying on the profession of Chartered Accountant under the name and style of M/s. J V S L & Associates, Chartered Accountants with Head office at Hyderabad and Branches at Chennai and Vijayawada.

Elected to the Southern India Regional Council (SIRC) of ICAI for 3 terms from 1998 to 2007. Also elected to the Central Council of ICAI from Southern Region for 3 successive terms viz., 2007-10, 2010-13 & 2013-16. Headed the Committee on Banking, Insurance and pension (COBIP) of ICAI.

Shri Lalit Kumar Patangia

Shri Lalit Kumar Patangia

(Non-Executive Director)

Mr. Lalit Kumar Patangia is a Practicing Chartered Accountant since last 30 years, having vast experience in the field of financial management and financial engineering. He is actively involved as Central Statutory Auditor of Public Sector Undertakings (PSUs) including National Aluminium Company Limited (NALCO) and various Public Sector Banks (PSBs). He is working as Senior Partner of M/s ABP & Associates, Chartered Accountant firm, having Head Office at Bhubaneswar and Branches in different parts of the country. He has established many SME projects in various sectors.

Shri Patangia holds degrees as M. Com and LLB. DISA (ICAI) and is also a certified Information-System Auditor.

Anjali Kaushik

Dr. Anjali Kaushik

(Non-Executive Director)

Dr. Anjali Kaushik is a Professor at Management Development Institute (MDI), Gurgaon which is one of the Top Business Schools in India. She has worked as consultant on various projects related to strategic planning, policy making in e-governance and cyber security with Government of India. She has authored five books with renowned publishers and has published more than 30 papers in peer reviewed international journals. She belongs to the first batch of Lady Officers in Indian Air Force, and is an Oxford University Chevening Scholar of 2013 batch. She is a MBA from MDI, Gurgaon and PhD from Delhi University.

#

Shri Vasantharao Satya Venkatarao

(Nominee Director)

Shri Vasantharao Satya Venkatarao has over 26 years of professional experience with nearly 19 years in IFCI Limited as a part of the senior management. Prior to this, he was with The Housing and Urban Development Corporation Limited (HUDCO). He is a graduate in Commerce and have done M.L. (International Law) and P.G. Diploma in Industrial Relations & Personnel Management. He has secured Gold Medal in M.L. (International Law) from Andhra University and stood first in B.L for Nyaya Vidya Parishad Law College affiliated to Andhra University. Given Shri Rao’s vast and diverse experience, IVCF would benefit under his guidance.

Shri Alok Sabharwal

Shri Alok Sabharwal

(Managing Director)

Shri Alok Sabharwal has over 25 years of experience in the financial services, banking and NBFC sector. Presently designated as General Manager of IFCI Limited, he has diverse exposure in Credit, Merchant Banking, NPA Resolution, Corporate Advisory etc. Looking to his dynamic approach and wide exposure he has been given responsibility as Managing Director of IFCI Venture with effect from November 2017.

Mr Sabharwal after completing his MBA(Finance), joined PNB Capital Services Ltd., the Merchant banking subsidiary of Punjab National Bank as a Management Trainee in 1992 and worked there for 9 years in areas of Lease financing, Management of Public Issues & Private Placement of Debt. He moved on to IFCI Ltd., the first DFI of the country in 2001. He subsequently completed CAIIB from Indian Institute of Bankers and LL.B. from Delhi University.

He has vast experience in financial sector and has been Regional Head of Kolkata Regional Office, Jaipur Regional Office & Head of Sugar Development Fund wherein IFCI Ltd. is the Nodal Agency and provides concessional loans to the private sector sugar mills in the country for setting up of sugar mills, cogeneration plants, ethanol plants and modernisation of sugar mills. Apart from the above, he has experience in working for various Departments of IFCI namely Resources, Corporate Advisory, Credit, Recovery and NPA Resolution, Subsidiaries & Associates, CSR etc. The assignments of Regional Head & SDF Head, covered all spheres of management i.e Business Development, Credit (sanction, disbursement and recoveries), Legal, Accounting, Administration, HR, Estates, Resource raising and various compliances etc.

During his tenure in IFCI, he has been IFCI’s Nominee Director on the Board of Institute of Leadership Development, Jangipur Bengal Mega Food Park Ltd., Webcon Consulting (India) Ltd., Tikaula Sugar Mills Ltd., Penam Laboratories Ltd., Nuchem Ltd. etc.