MR. MADHAVAN MENON

Chairman & Non-Executive Nominee Director

 

Madhavan Menon, holds B.A. (Business), from George Washington University, USA., MBA, Finance & International Business, from George Washington University, USA. He is the Chairman and Managing Director of Thomas Cook (India) Limited. He has over 35 years rich experience in the fields of Banking, Finance and Travel-related Foreign Exchange Management. Before joining Thomas Cook (India) Limited, he was the Chief Operations & Administrative Officer of Birla Sunlife Asset Management Co. (AMC) Ltd. Prior to that, he was with Citi Bank and ANZ Grindlays Bank.

 

He was appointed as Non-Executive Chairman of SOTC w.e.f.1st August 2017.

 

MR. VISHAL SURI

Managing Director, SOTC Travel

An engineering graduate with B.E. in Electrical, Vishal Suri has over 25 years of experience across consumer centric industries like Office Automation, Internet, Telecom in start-up as well as mature and established firms and has spent last 10 years in Travel Industry.

Prior to his elevation as Managing Director, SOTC Travel Limited (Formerly SOTC Travel Pvt. Ltd.), he was the Chief Executive Officer-Tour Operating at SOTC Travel (formerly Kuoni India). Vishal Suri joined Kuoni-Tour Operating in August 2012 from Thomas Cook India where he was the Chief Operating Officer Leisure Travel. Vishal joined Thomas Cook in 2005 and progressed to become the Chief Operating Officer - Leisure Travel (Outbound & Domestic) in 2007.

He has played leadership roles while rolling out new products and business models in consumer businesses. He has exceptional skills in maintaining inter-personal relationship and has a sound reputation of managing and developing dynamic teams.

He is being appointed as Managing Director w.e.f.1st June 2017.

 

MR. NILESH VIKAMSEY

Additional Non-Executive Independent Director

 

Mr. Nilesh Vikamsey is a Senior Partner at Khimji Kunverji & Co., an 80-year-old Chartered Accountants firm and member firm of HLB International, which is a leading network of independent professional accounting firms and business advisers with member firms well-established locally and mostly ranked among the top 12 nationally

Mr. Vikamsey is currently the President of the Institute of Chartered Accountant of India (ICAI) the second largest professional body of Chartered Accountants in the world.

Mr. Vikamsey is on the Board of a number of companies like Federal Bank Limited (ex-chairman), IIFL Holdings Limited, India Infoline Finance Limited, Thomas Cook (India) Limited, Navneet Education Limited, PNB Housing Finance Limited, IIFL Wealth Management Limited, NSEIT Limited, INSOL India and others.

Mr. Vikamsey is member of the recently formed Corporate Governance Committee of SEBI. He is a nominated member on the Quality Review Board of ICAI. He is member of Committees of Bombay Chartered Accountants’ Society (BCAS), The Chamber of Tax Consultants (CTC), Indian Merchants Chamber (IMC) and The Associated Chambers of Commerce and Industry of India (ASSOCHAM) National Council on Asset Reconstruction, etc.

 

Mr. Vikamsey was Chairman of SEBI’s Qualified Audit Report Committee (QARC) & member of SEBI’s Committee on Disclosures and Accounting Standards (SCODA), LLP Committee of Ministry of Corporate Affairs (MCA). He was Chairman of Education & CPD Committee and Committee for Improvement in Transparency, Accountability and Governance (ITAG) of South Asian Federation of Accountants (SAFA), IRDA’s Committee on Road Map for Risk Based Solvency Approach in Insurance.

He is Trustee in Sayagyi U Ba Khin Memorial Trust (Vipassana International Academy, Igatpuri), Shri Virji Ladhabhai KDO Jain Vidyarthigriha - A Charitable Trust operating a latest, state of the art, ultra-modern Hostel facility in the heart of Mumbai & few other educational trusts in Mumbai.

 

MR. HARSHA RAGHAVAN

Non Executive Nominee Director

Mr. Harsha Raghavan in his capacity as Managing Director of Fairbridge Capital Private Limited, leads investment and acquisition activities for Fairfax in the region.

Harsha holds MBA and MS in Industrial Engineering degrees, both from Stanford University, and a BA from UC Berkeley where he double majored in Computer Science & Economics.

Harsha has been involved with the Indian private equity industry since 1996 and previously held leadership roles at Candover Investments, Goldman Sachs PIA and Indocean Chase Capital. He currently serves on the Boards of Sterling Holiday Resorts Limited (Formerly known as Thomas Cook Insurance Services (India) Limited), National Collateral Management Services Limited, Fairchem Speciality Limited, Travel Corporation (India) Limited, Sanmar Engineering Services Limited, Privi Organics India Limited, Bangalore International Airport Limited, NCML Finance Private Limited,Saurashtra Freight Private Limited, National Trust Bank PLC, Fairfax India Holdings Corporation, Thomas Cook (Mauritius) Operations Company Limited, Thomas Cook Lanka (Private) Limited, Thomas Cook (Mauritius) Holidays Limited, Luxe Asia (Private) Limited, Travel Circle International Limited (Formerly known as Luxe Asia Travel (China) Limited).

 

MRS. KISHORI UDESHI

Additional Non-Executive Independent Director

Mrs. Kishori Udeshi has an M.A. Degree in Economics from Bombay University. She moved on to a professional career in central banking and became the first woman to be appointed as Deputy Governor of the Reserve Bank of India.

She was the first Executive Director of the RBI to be nominated on the Board of State Bank of India. As Deputy Governor, one of her portfolios was the regulation and supervision of the banking and non-banking sector. She represented the RBI on the Core Principles Liaison Group and the Core Principles Working Group on Capital, of the Basel Committee on Banking Supervision, set up by the Bank for International Settlements, Switzerland. As Deputy Governor she was on the Board of SEBI, NABARD, Exim Bank and was the Chairman of Bharatiya Reserve Bank Note Mudran (Pvt.) Ltd., Bangalore as also Chairman of the Deposit Insurance and Credit Guarantee Corporation.

In 2006 the Reserve Bank of India appointed her as Chairman of The Banking Codes and Standards Board of India. She demitted this office in December 2011. She was a Member of the Financial Sector Legislative Reforms Commission chaired by Justice SriKrishna, set up by the Government of India.

She is currently a Director of Shriram Automall India Limited, Thomas Cook (India) Limited, Haldyn Glass Limited, HSBC Asset Management (India) Pvt. Limited, ION Exchange (India) Limited, Shriram Transport Finance Company Limited and Elantas Beck India Limited.

She is being appointed as Non-Executive Independent Director w.e.f. 1st June 2017.

 

MR. RAHUL BHAGAT

Additional Non-Executive Independent Director

 

Mr. Rahul N Bhagat - born on 27 September 1963 (Age: 53 years) - has a Master of Arts degree in International Affairs from College of William and Mary, Williamsburg, USA, and a Bachelor of Arts degree in History (Honors) from St. Stephen’s College, Delhi University, India.

Mr. Bhagat is a versatile Consumer Banking professional with almost 3 decades of banking experience. He was with HDFC Bank for 16 years (1999-2015), of which the last 10 years was in the Senior Leadership Team as Country Head – Retail Liabilities, Marketing & Direct Banking Channels, reporting to the CEO. Prior to HDFC Bank, he was at Bank of America (1997-1999) and ANZ Grindlays Bank Ltd (1989-1997).

 

Between 2015-2017, Mr. Bhagat advised Vodafone India on their plans to launch a Payments Bank in India.

Mr. Bhagat’s contribution and leadership has been recognised through invitation to numerous Boards and Committees, including: Standing Committee on Retail Banking, Indian Bank’s Association; Executive Committee - National Securities Depository Limited; Customer Global Advisory Board, NCR Corp (USA); Global Advisory Board, Diebold Inc (USA); and Member of Indian Public Schools’ Society.

More recently, Mr. Bhagat is on the Board of Governors of The Doon School, Dehradun, and also helped to incorporate World Monuments Fund India Association as a Founder Director.

He is being appointed as Non-Executive Independent Director w.e.f. 1st June 2017.

 
Directors resigned during the year 2015 - 2016