The business operations of the Investment Manager are managed by a team of professionals with experience in the road infrastructure sector. In accordance with the requirements of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014, not less than half the directors of the Investment Manager are independent, and are not directors or members of the governing board of another infrastructure investment trust.
Brief profiles of the Directors and Key Personnel are narrated below.
Mr. Rajinder Pal Singh
Independent Director & Chairman
Mr. R P Singh is a Non-Executive Director and Chairman of the Board of Investment Manager. He holds a master’s degree in mathematics from Advanced Centre for Pure Mathematics, Punjab University, Chandigarh. He taught pure mathematics and statistics to graduate students, before he joined the Indian Administrative Service. He has wide experience in the regulatory areas of the finance industry, urban development and infrastructure. He worked both as Commissioner of Hyderabad Municipal Corporation and Vice Chairman of Hyderabad Urban Development Authority. He was also the Managing Director of Andhra Pradesh Industrial Development Corporation and Commissioner of Taxation in Andhra Pradesh. He was posted to Punjab & Sind Bank as its Chairman from March 2005 to September 2009. He retired as Secretary to the Government of India in the Department of Industrial Policy & Promotions and post retirement was appointed by the Government of India as Chairman of the National Highways Authority of India (NHAI). At present, he is a Director of Maruti Suzuki India Limited, Nirlon Limited and Macrotech Developers Limited.
Mr. Vinod K Menon
Whole Time Director and Chief Executive Officer
Mr. Vinod Kumar Menon, Whole Time Director and Chief Executive Officer of the Investment Manager. He holds a Bachelor of Technology degree in Civil Engineering. He has experience of 35 years in the fields of infrastructure development and management. Previously, he was the president (business development) of the Sponsor. He currently serves as the vice-president of the National Highway Builder Federation – a non-profit organisation.
Mr. Sunil Tandon
Mr. Sunil Tandon, is an Independent Director of the Investment Manager. He is a former IAS officer with a Master’s degree in Business Administration (specialisation in Financial Management & Strategy) from the Strathclyde Business School, UK. He has over 40 years in the private sector and in the government, experience spans the entire spectrum from implementation of policy to policy formulation and conceiving and grounding of large infrastructure projects. He held positions of CEO and MD of various large corporates such as SKIL Group, Pipavav Port, Pipavav Rail, GMR Infrastructure, Capital Partners, 50 HZ India Private Limited, etc. He held senior positions in state and central governments and specialises in setting up (“concept to completion”) large infrastructure projects (Ports, Defence Shipyards, Airports, Railways, Expressways, Special Economic Zones), project management and finance, joint ventures, mergers and acquisitions, public administration, public private partnership and advising corporates and state governments on risk mitigation strategies for large projects. He has worked with and advised State Governments of Madhya Pradesh, Chattisgarh, Tamil Nadu, Andhra Pradesh, Gujarat, Rajasthan and Orissa, advising them on large infrastructure projects and Public Private Partnerships. He also served as Nodal officer in the Ministry of Finance, Government of India for various projects financed by various foreign government agencies and organizations and worked with various foreign governments. He was former Chairman of several Infrastructure Committees of Trade bodies such as CII, Assocham and FICCI. He was Secretary to the Union Minister of State for Finance and Deputy Secretary/Director in the Ministry of Finance.
Mr. Nikesh Jain
Mr. Nikesh Jain is an Independent Director of the Investment Manager. He is a fellow member of the Institute of Chartered Accountants of India and partner of JMR Associates LLP (since 201 2). He is the Senior Partner of JMR Associates LLP and is in charge of assurance & advisory practice. He has experience of over twenty years in the field of Statutory Audits, Intern al Audit, and also diversified experience in Valuations of shares, Initial Public Offer, Consolidation of mid-size Companies, Due Diligence, Valuation of Business, Merger, Acquisition, International Domestic Taxation, FEMA & RBI Compliances, NBFC, Goods and Service Tax and Accounting System Monitoring Assignments. Earlier, he worked with many renowned Chartered Accountant Firms.