DCB's Board of Directors comprises of a wide
cross-section of industry veterans. Their multi-faceted
expertise is evident in the positive direction
and productive functioning of the Bank.
Mr. Nasser Munjee, Chairman
Mr. Nasser Munjee was educated at the Leys School in Cambridge UK and then went on to do his Bachelor and Masters Degrees at the London School of Economics, UK. He spent a short while at the University of Chicago USA, before returning to India in 1977. He joined the Chairman of one of India’s leading development banks – ICICI, Mr. H. T. Parekh, to establish the first housing finance company in India – the first retail institution serving customers directly for their housing needs - HDFC. Against many odds the HDFC group, as it is known today, grew to be a financial conglomerate with assets over $50billion in banking, insurance, mutual funds as well as its prime business – housing finance. He rose to be an executive director on the Board with wide responsibilities.
In 1997, the Finance Minister of India requested the Chairman of HDFC to consider setting up an infrastructure finance company as India faced acute challenges in this field. Nasser was asked to think through this challenge and, as a result, Infrastructure Development Finance Company (IDFC) was born. IDFC charted the course of private investment in infrastructure – a sector that was dominated by the public sector – with great success. Much of the conditions for private investment in infrastructure in India was created by IDFC between 1997 and 2004. Nasser left IDFC owing to disagreements with the Government which intended a nationalization of IDFC.
Since 2004, Nasser has been pursuing his own
interests in his own way. He sits on 15 Corporate
Boards in India which include HDFC, Tata Motors,
Tata Chemicals, Tata Motor Finance Ltd. (Chairman),
Reid & Taylor (India) Ltd. (Chairman), Cummins
India, ABB Ltd., Ambuja Cements (now part of the
HOLCIM group). He is also Chairman of other Aga
Khan institutions in India – Aga Khan Rural
Support Programme (AKRSP) and Muniwar-Abad Charitable
Trust (MACT). He was the President of the Bombay
Chamber of Commerce and Industry – the city’s
oldest Chamber of Commerce and he has served on
numerous Government Task Forces on Housing and
Urban Development.
Mr. Murali M. Natrajan, Managing Director & Chief Executive Officer
(CEO)
Prior to joining DCB, Mr. Natrajan
served as the Global Head for SME banking in Standard
Chartered Bank. He was responsible for providing
strategic context and business development capabilities
to drive a distinctive and consistent business
model across 27 markets in Asia, Africa and the
Middle East. Mr. Natrajan joined Standard Chartered
Bank, India to head the Mortgage & Auto Business.
In November 2004, he was promoted as Head of Consumer
Banking for India & Nepal overseeing business
that include Mortgages, Wealth Management, Branches,
ATMs, Credit Cards, Personal Loans and SME.
A Fellow Member of the Institute of Chartered
Accountants of India, Mr Natrajan started his
career with American Express TRS in India where
he worked for 5 years in Business Planning, Finance
and Operations. In 1989, he joined Citibank where
he spent 14 years in various disciplines such
as Operations, Credit, Finance, Product Management
and Business Management of Consumer Banking. Prior
to joining Standard Chartered Bank in October
2002, he had successful stints as Cards Business
Director in Citibank India, Hong Kong and Indonesia.
Directors
Ms. Nasim Devji is a Fellow
of the Institute of Chartered Accountants (England
& Wales) and also a member of the Institute
of Taxation, U.K. She has specialised in the fields
of banking and small scale industries. Ms. Devji
is currently the Managing Director and Group CEO
of Diamond Trust Bank in East Africa.
Mr. Altaf Jiwani is qualified as B.E. (Production) and MMS (Finance). He has more than 20 years of experience in Corporate Finance across industries such as, electrical, textile and automobile. He has developed expertise in the areas of Foreign Exchange, Risk Management and Trade Finance and received the ‘Outstanding Achiever’ Award within RPG Group in 2007-08. He has significantly contributed in derisking the business model of Philips Carbon Black Ltd. in his role as CFO. Mr. Jiwani is currently in-charge of two business segments namely power and carbo-chemical.
Mr. Amin Manekia is an MBA (from Babson College, USA), and completed his graduation in Commerce. He has over 30 years of experience and specialized in the field of marketing, finance, co-operation and banking. He has pioneered in concept of automatic beverage vending machines in India. He has more than a decade of experience on the Boards of listed entities in India. Mr. Manekia has worked for more than 20 years in various capacities in different institutions of the AKDN for the social-economic upliftment of the poor. Earlier, Mr. Manekia has served on Bank’s Board for 8 years from September 30, 2000 up to September 30, 2008.
Mr. A. A. Sabuwala is a qualified
diploma holder in Mechanical Engineering and has
specialised in Small Scale Industries. He has
set up several small-scale industries over the
past 30 years.
Mr. D. E. Udwadia M.A L.L.B.
(Hons.) is a solicitor and advocate of the Bombay
High Court, and solicitor of the Supreme Court
of England. His area of legal practice is corporate
law, foreign collaboration, joint venture, and
project finance. He is a partner in Udwadia &
Udeshi, a firm of solicitors and advocates. He
is an independent director on the boards of several
corporate entities, both listed and unlisted,
including J.M. Financial Ltd., ABB Ltd., The Bombay
Burmah Trading Corporation Ltd., Eureka Forbes
Ltd., ITD Cementation Ltd., Wyeth Ltd., AstraZeneca
Pharma India Ltd., IRD Mechanalysis Limited, and
WABCO India Ltd.
Mr. Narayan K. Seshadri Mr.
Narayan K. Seshadri holds a B.Sc. degree and is
a Chartered Accountant. He has specialised in
the fields of agriculture, small scale industries,
and rural economy. Mr. Seshadri is a corporate
consultant and is a board member of a number of
companies such as PI Industries Ltd., Kalpataru
Power Transmission Ltd., Magma Fincorp. Ltd.,
WABCO India Ltd., DHFL Venture Capital India Private
Limited and Halcyon Resources & Management
Pvt. Ltd
Mr. R. A. Momin holds a B.Com
degree and is a Fellow of the Institute of Chartered
Accountants of India. Mr. Momin has more than
30 years of experience in the field of accounting
and audit. He had been on the Board of Directors
of the erstwhile Development Co-operative Bank
for six years.
Mr. Suhail Nathani is a founder
Partner of Economic Laws Practice, a law firm
with offices in Mumbai, Delhi, Ahmedabad and Pune.
His areas of specialisation include corporate
and commercial matters, private equity and international
trade. He has advised on several investments in
the manufacturing, services and real estate sector
in India. He has also represented the Government
of India at the WTO (Panel and Appellate Body),
most recently in the Wines and Spirits dispute
against the USA. Suhail obtained an M.A. in Law
from Cambridge University in England and went
on to complete his LLM from Duke University in
the US. Besides being enrolled as an advocate
in India, he is admitted to the New York State
Bar and the US Court of International Trade. He
serves as an independent director on the Board
of diverse public companies, the Cambridge Society
of Bombay and on the India advisory Board of Duke
University. He has been widely published and has
been speaker at several conferences.
Mr. Sukh Dev Nayyar holds an
M.Sc. (Physics Hons.) degree. An Associate of
the Institute of Bankers, England, he is also
an expert in the areas of Risk Management. He
has vast experience in banking, having previously
worked in various senior positions with Grindlays
Bank from 1964 to 1994 and with ING Bank as CEO
from 1994 to 1998. His last assignment was as
Chairman & Managing Director of the ING Asset
Management Company. |