Board of Directors
Managing Director & CEO
CFO & Executive Director
Mr. Arun Kumar Nanda
Mr. Arun Kumar Nanda is the Non-Executive Chairman of our Board. He holds a degree in law from the University of Calcutta and is a fellow member of Institute of Chartered Accountants of India (FCA) and a fellow member of the Institute of Company Secretaries of India (FCS). He has also participated in a Senior Executive Programme at the London Business School. Mr. Nanda also serves as Chairman of Mahindra Lifespace Developers Limited, Mahindra Consulting Engineers and Mahindra World City Developers, and Director of Mahindra Water Utilities, Mahindra World City (Jaipur) and Mumbai Mantra Media.
Mr. Nanda is the Chairman Emeritus of the Indo-French Chamber of Commerce and a member of the Governing Board of the Council of EU Chambers of Commerce in India. He was also on the Board of Mahindra & Mahindra Limited, promoters of our company, from August 1992 till August 2014.
His achievements have been recognized with various awards, including, the Chevalier de la Legion d'Honneur from the French Government, Real Estate Person of the Year award from GEREM Leadership Awards (Triple Tree) in India, Business Achiever Award Corporate from the Institute of Chartered Accountants of India in 2009 and the 2010 Golden Star Lifetime Achievement Award for his contribution to the hospitality industry and service sector.
Mr. Cyrus Guzder
Mr. Cyrus Guzder is a Non-Executive and Independent Director on our Board. He is the Chairman and Managing Director of AFL Private Limited. He also serves as a Director on the Board of BP (India) Limited, the Great Eastern Shipping Company Limited and The Indian Institute Human Settlements. Mr. Guzder has also served on the boards of Air India Limited, Tata Infomedia Limited, Tata Honeywell Limited and Alfa Laval India Limited.
He has an Honours Degree and a Master's Degree from Trinity College, University of Cambridge. He has held leadership position of CII's National Council of Civil Aviation and CII's National Committee on Logistics and also served on the Local Advisory Board of Barclays Bank, India and the Board of Governors of Reserve Bank of India's Banking Codes and Standard Board of India. He represents the Republic of Ireland as Honorary Counsel General for Mumbai and Western India.
Mr. Vineet Nayyar
Mr. Vineet Nayyar is a non-executive director of our Company. He graduated with a Master's degree in Development Economics from Williams College, Massachusetts and started his career with the Indian Administrative Service. While in the Government, he held numerous positions, including that of a District Magistrate, Secretary Agriculture & Rural development for the Government of Haryana and Director, Department of Economic Affairs, Government of India. Mr. Nayyar worked with the World Bank for over 10 years and was the Chief for energy, infrastructure and finance divisions for East Asia and Pacific. Mr. Nayyar was also the founding Chairman and Managing Director of the Gas Authority of India Limited, the Managing Director of HCL Corporation, the Vice Chairman of HCL Technologies and a co-founder and CEO of HCL Perot Systems. Mr. Nayyar is also serving as a director on the boards of Mahindra Logisoft Business Solutions Limited, Tech Mahindra Limited, Tech Mahindra (Thailand) Limited, Kotak Mahindra Old Mutual Life Insurance Limited, The Great Eastern Shipping Company Limited, and Power Exchange India Limited. Mr. Nayyar is also the Chairman of Supervisory Board of Tech Mahindra GmbH.
Mr. Rohit Khattar
Mr. Rohit Khattar is a Non-Executive and Independent Director on our Board. He has graduated in 1985 from the School of Hotel, Restaurant and Institutional Management, Michigan State University, U.S.A. He is the founder, Chairman and Managing Director of Old World Hospitality Private Limited which operates performing arts and convention centers such as Habitat World, India Habitat Centre and Epicenter, Gurgaon, hotels and restaurants including those in London. He is also Chairman of Mumbai Mantra Media Limited, a Mahindra group company. He has over 23 years experience in the hospitality industry.
Mr. Sridar Iyengar
Mr. Sridar A Iyengar is a Non-Executive and Independent Director on the Board of our Company. He holds a Bachelor's Degree in Commerce (Honours) from the University of Calcutta and is a Fellow Member of the Institute of Chartered Accountants in England and Wales. He is associated with Bessemer Venture Partners and a board member of ICICI Bank, Rediff.com and Cleartrip Private Limited.
Previously, Mr. Iyengar was the Partner in charge of KPMG's Emerging Business Practice. He has held a number of leadership roles within KPMG's global organisation particularly in setting up and growing new practices. He has the distinction of having worked as a partner in all three of KPMG's regions Europe, America and Asia Pacific as well as KPMG's disciplines assurance, tax consulting and financial advisory services.
Mr. Iyengar served as Chairman and Chief Executive Officer of KPMG's operations in India between 1997 and 2000 and during that period was a member of the Executive Board of KPMG's Asia Pacific practice. Prior to that, he headed the International Services practice in the West Coast. On his return from India in 2000, he was asked to lead KPMG's effort on delivering audit and advisory services to early stage companies. He served as a member of the Audit Strategy group of KPMG LLP. He was with KPMG from 1968 until his retirement in March 2002.
Mr. Sanjeev Aga
Mr. Sanjeev Aga is an Honours graduate in Physics from St. Stephen's College, Delhi (1971) and a post graduate from the Indian Institute of Management, Kolkata (1973). A Business leader, organization builder, adviser and mentor, Sanjeev Aga's career has traversed 40 years, and sectors from consumer and services, entertainment and light engineering to telecommunications.
In a business career commencing 1973, Mr. Aga held senior positions in Asian Paints, Chellarams (Nigeria), and Jenson & Nicholson. In 1987, he joined Blow Plast to head the Furniture business, was made Chief Executive of Mattel Toys in 1990, and in January 1993 was appointed Managing Director of Blow Plast with multi-business responsibility including the flagship VIP Luggage business.
In November 1998, he was appointed CEO of the telecom JV, Birla AT&T. He led the company through expansions, mergers and acquisitions to be CEO of Birla Tata AT&T, which was renamed Idea Cellular. In July 2002, Mr. Aga left Idea to be with the Aditya Birla Group, where from May 2005 until October 2006, he was Managing Director of Aditya Birla Nuvo, a conglomerate with interests spanning diverse group businesses.
With Ideas shareholding changing to become an Aditya Birla group entity, November 2006 saw Sanjeev Aga back as Managing Director. The next four years were a period of rapid progress for Idea. The company improved its national market position from No.6 to No.3, joined the ranks of the 10 biggest global telcos, and importantly, became a highly regarded profitable company in a hyper-competitive sector. Sanjeev Aga stepped down as Managing Director of Idea Cellular in March 2011.
In 2012, Mr. Aga was awarded Telecom Person of the Year by V&D. For 2009, Idea Cellular was named the ET Emerging Company of the Year, and for 2010, Forbes India magazine shortlisted him as a Perso of the Year. He is now engages in advisory roles for corporates and not-for-profit organizations. He reads widely, speaks and occasionally writes.
Ms. Radhika Shastry
Radhika was educated in Dehra Dun in Jesus and Mary Convent and later completed a masters in Hospital management. However, she switched tracks and went on to join the Getit Yellow Pages and managed their operations both sales and production of the telephone book for Chennai and Bangalore.
She joined the Timeshare industry to start the call centre for RCI in Bangalore way back in 1992. A career spanning 22 years in the timeshare industry has made her a specialist in the shared ownership industry in Aska. Until March 2013 she was the Managing Director of RCI for the South Asia region and subsequently worked as consultant with them. She currently consults for Wyndham Hotels in India - also a of Wyndham Worldwide company.
She completed her International Masters in Practicing Management - a multi cultural, multi national program offered by a consortium of leading business schools - Lancaster University, UK, MCGill University, Montreal, Cnada, IIM Bangalore, India, JAIST, Kanazawa, Japan, KDE, Seoul, Korea and INSEAD, France.
A two year program which awards a diploma in Management from INSEAD and a Masters title is awarded by McGill University.
Joined RCI as Membership Services Manager. Subsequently handled Business development before being promoted as General Manager – India Operations in August 2003, for the region covering India, Nepal and Sri Lanka,.Business Development, Member Servicing, Resort Servicing, Marketing, PR & Corporate Communications come under her purview.
Additionally handled the Dubai business for a year and the Malaysia market for a period of two years,
Managing Director of Group RCI – Indian Subcontinent in March 2007 - April 2014.
Actively engaged in helping senior citizens and aged poor inmates of Little Sisters of the Poor in Bangalore.
Also engaged with Christel House India as a board member - a school for underprivileged children and started by the founder of RCI. Christel House is RCI’s charity of choice and endeavours to break the cycle of poverty by providing education to children of only very poor families.
Other interests include wanderlust, cooking and culinary experiences, a bit of dabbling in painting.
Mr. Kavinder Singh
Managing Director & CEO
Mr. Kavinder Singh brings 28 years of experience in FMCG sector and has worked in Asian Paints, ITC Ltd & Pidilite Industries Limited. In his 17 years of career at ITC Limited, he spent last 8 years in starting up and building the 'Sunfeast' biscuits business of ITC Limited and was heading Biscuits and Confectionery businesses prior to joining Pidilite Industries Limited. Mr. Kavinder started the 'Strategic Initiatives Group' and led transformational Corporate Strategic Initiatives at Pidilite Industries Limited. After a successful stint as Chief Strategy officer, Mr. Singh became the first CEO of Pidilite's 'Consumer Products (Maint)' business.
Mr. Singh is a graduate in Mechanical engineering from NIT Warangal and has gone through General Management Program at Wharton School besides other programs by Harvard Business School (Advanced Manufacturing Strategy) and Wharton School (Advanced Marketing Management).
Mr. S. Krishnan
CFO & Executive Director
Mr. S Krishnan is the Chief financial Officer and Whole time Director of the Company. Mr. Krishnan in a career spanning over 25 years, of which nearly 15 years has been with the Mahindra Group, he has held various leadership positions with the Group. Prior to this assignment with Mahindra Holidays, Krishnan was the CFO of the erstwhile Mahindra Satyam and was part of the top management team that turned around the Company. He held the position from 2011 till the Company merged with Tech Mahindra Limited.
In an earlier stint with the Mahindra Group, he was part of the Infrastructure Development Sector (IDS) of the Group that comprised various businesses including, real estate (residential / commercial, integrated townships, SEZ’s), infrastructure (thrust on urban infrastructure privatization), holidays and time share, engineering and construction and ultimately rose to be the Chief Financial Officer of the sector.
He has also been the CFO of the Adani Group (Realty) and the COO of South Asian Real Estate, a private equity realty fund.
He is a member of the Institute of Chartered Accountants of India, an Associate Member of the Institute of Company Secretaries and also holds a Diploma in Business Finance from the Institute of Chartered Financial Analysts of India.
Mr. V S Parthasarathy
Mr. V S Parthasarathy is a man with multiple thinking hats and a global leader. In his role as CFO, Mahindra & Mahindra Limited (M&M) & Group CIO, he facilitates Mahindra Group in accomplishing its vision of 'being amongst the Top 50 most admired brands in the world. He is a member of the think-tank of Mahindra Group's supervisory board called "Group Executive Board". He is on board of 13 group companies, and is also a member of the Global IT Customer Advisory Board of CISCO & APJ Customer Advisory Board of HP.
Mr. Parthasarathy started his career with Modi Xerox as a Management Trainee and before he joined Mahindra & Mahindra in 2000, he was the Associate Director at Xerox. At M&M, he spearheaded functions like Finance, HR, M&A, IT and International Operations before he was appointed CFO – M&M.
He has received many accolades and recognitions in the field of Finance, M&A & IT; some notable awards being:
As Group CIO
Global CIO-Hall of Fame 2012 by Information Week,
As Head of Mergers & Acquisition