Dr. M. S. Sahoo, an acclaimed thought leader in the area of securities markets and a distinguished public servant, currently serves as Chairperson of the Insolvency and Bankruptcy Board of India. He has served as a Member of the Competition Commission of India, Secretary of the Institute of Company Secretaries of India, Whole Time Member of the Securities and Exchange Board of India, Economic Adviser with the National Stock Exchange of India and held senior positions in Government of India as a Member of Indian Economic Service. He also had a brief, but eventful legal practice.

Dr. Sahoo has substantially influenced reforms in India securities markets over the last two decades. He has conceptualized, designed and steered major reforms such as dematerialisation of securities (1995), architecture of regulator and regulatory tribunal (1995), trading of derivatives (1999), on-line examination for market professionals (2000), setting up National Institute of Securities Markets (2004), resolution of litigations relating to brokers' fee (2004), demutualization of stock exchanges (2005), trading of currency derivatives (2008), and the rule of law in securities markets. He is credited with a few landmark orders, including disgorgement, and settlement of securities market infractions, and significantly contributed to development of securities jurisprudence.

Shri Rajnish Kumar prior to his elevation, was the Managing Director of the National Banking Group (NBG) at State Bank of India. In a career spanning over 36 years with SBI, he had held various assignments which include Managing Director (Compliance & Risk) and prior to that served as the Head of SBI Capital Markets, the Investment Banking arm of SBI Group.

Shri Kumar held several key positions across various business verticals like Mid-Corporate Group and Project Finance. He also served as the Chief General Manager of North Eastern Circle of SBI. As a part of SBI's overseas operations, Shri Kumar served SBI Canada and later as Regional Head of SBI's UK Operations. Shri Kumar is a Post Graduate in Physics.

Prior to joining the Bank, Smt. Usha Ananthasubramanian was Managing Director & CEO of Punjab National Bank since 14th August, 2015. She was also Chairman & Managing Director of erstwhile Bharatiya Mahila Bank. Smt. Ananthasubramanian was the Executive Director of Punjab National Bank from July 2011 to November 2013. She was head of the core management team constituted by the Ministry of Finance, Government of India, for coordinating the process of formation of a women centric bank. Smt. Usha Ananthasubramanian holds a Master's Degree in Statistics from the University of Madras and a Master's Degree in Ancient Indian Culture from University of Mumbai. She joined Bank of Baroda as a Specialist Officer in February 1982. During her long career spanning about 34 years she has worked in many important areas of Banking and was closely associated with the transformation project of Bank of Baroda including rebranding and innovative HR initiatives.

Mr. Madhukar R Umarji was Chief Advisor – Legal of the Indian Banks' Association for the last twelve years and has rich experience in banking and other financial sector related laws. A post-graduate in Law from Bombay University, Mr. Umarji represents a unique combination of experience as Legal Adviser of Banks (Bank of Baroda and Dena Bank), operational banker (Dena Bank and Corporation Bank) and a Central Banker as Executive Director, Department of Non-Banking Supervision, Reserve Bank of India. He has been actively involved in the process of financial and banking sector reforms in India undertaken by the Ministry of Finance and has represented the banking industry on various Committees and Working Groups set up by the Government and RBI, including Dr. J J Irani Committee on Reforms in Company Law. He was also member of the Bankruptcy Law Reforms Committee and Task Force for setting up Resolution Corporation. He was involved with the United Nations Commission on International Trade Law in preparation of Legislative Guide on Model Law for Secured Transactions, as a delegate from India and also UNIDROIT in preparation of Model Law on Lease of Movables. Sixth Edition of his book on SARFAESI Act has been published last year.

Sunil Srivastava is a B.Sc (Honors) from Delhi University and has done his Masters of Management Studies from F.M.S., Benaras Hindu University. He joined State Bank of India as a Probationary Officer in 1980 and there after has been posted across various functions and offices of the Bank in India and United States.

Mrs. Mythili Balasubramanian, B.Sc, Caiib, Acib (Lon.), has been an Executive Director of IDBI Bank Limited since April 2014 and IDBI Trusteeship Services Limited since February 3, 2017. Mrs. Balasubramanian served as the Chief General Manager and Head of Syndication and Advisory at IDBI Bank Limited until April 2014. She serves as a Director of Nagarjuna Oil Corporation Limited. She served as a Non Executive Independent Director at Suzlon Energy Limited from November 1, 2010 to July 20, 2013 and Kirloskar Electric Company Limited until February 10, 2009.

Eshwar has an experience of over two decades in the financial services industry and over a decade of distressed assets experience. Eshwar was the founder member of the distressed assets business at Kotak and has helped the group in successfully investing over Rs. 2,500 cr (US$ 417 mn) of its capital in distressed assets. He has built time tested expertise in identifying distressed opportunities, structuring complex financial transactions & execution and securing profitable exits. Prior to Kotak, Eshwar worked with Ceat Financial Services and Sundaram Finance. Eshwar holds a Bachelor degree in Commerce from the University of Pune and is a Management Graduate from the The Institute of Management Development and Research, Pune.

Shri Rai has more than three decades of rich banking experience including heading Industrial Finance Branch, Regions and Zonal Offices. He started his career in 1986 as an Agricultural Finance Officer in Central Bank of India and has rich experience of heading various branches at different parts of the country for more than 17 years. On his elevation as General Manager, he was given the responsibility of heading Human Resource Development Department. He was the Field General Manager of Mumbai Zone of Central Bank of India, when he was elevated to the post of Executive Director of Oriental Bank of Commerce.

He was also serving on the Board of Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.

Mr. V. Srinivasan, joined Axis Bank as the Executive Director - Corporate Banking in 2009 and was elevated as a Director on the Board of Axis Bank in October 2012. He has more than two decades of experience in the financial services industry and has worked in the areas of Corporate Banking, Investment Banking, Treasury and Foreign Exchange Management. Before joining Axis Bank, Mr. Srinivasan was Managing Director and Head of Markets with J. P. Morgan, India. He has served on various RBI Committees including the Technical Advisory Committee, Committee for Repos and Committee for STRIPS. He has also held the positions of Chairman, Fixed Income Money Market and Derivatives Association of India (FIMMDA) and Chairman, Primary Dealers Association of India (PDAI). Currently, he is a member of the CII National Committee on Banking.

Mr. Bahuguna is a seasoned professional with over 25 years experience across the banking sector in Indian and African markets. He captained several functions at globally reputed banks. A Chartered Accountant by profession, Mr. Bahuguna commenced his career in 1985 in the corporate Treasury function of an engineering Company. In 1987, he forayed into banking sector, with then ANZ Grindlays Bank. Post an 11 year stint, Mr. Bahuguna moved to Standard Chartered Bank, where he headed several corporate banking functions in the next 14 years. He resigned from his post as Managing Director of Alternative Investments – India & Nigeria to satiate his entrepreneurial aspirations. In 2012, he set up his own financial consultancy firm – Vie Capital, offering boutique solutions in stressed assets and mezzanine financing to mid-tier corporates. Mr. Bahuguna joined Arcil in June 2015 as the CEO & MD.

Shri Narayan K. Seshadri is the Chairman and CEO of Halcyon Group, an Investment Advisory and Management Services enterprises specializing in 'turnaround' and 'turn up' activities. Shri Seshadri is a Chartered Accountant. He headed Andersen and KPMG Business Consulting businesses before founding Halcyon. He carries a rich experience of over 27 years in Finance, Accounts, Audit, Advisory and Management Services. His experience ranges across industries in different countries.

Shardul S. Shroff, Executive Chairman at the Firm with over 37 years of extensive experience in Corporate Advisory, Takeovers, M&A, JVs, Insolvency & Bankruptcy and Banking & Finance, is a leading authority on legal matters related to Corporate Governance, Policy and Regulatory Practices, Insolvency and Restructuring. He has been involved in several complex and high profile transactions and his recent landmark deals include advising on insolvency of companies such as Essar Steel, Bhushan Steel and Amtek Auto, which are some of the largest insolvency and restructuring cases that have been admitted by National Company Law Tribunal for resolution. Mr. Shroff is also advising on matters such as the Oil and Natural Gas Corporation's proposed acquisition of 51 percent shares of the President of India in Hindustan Petroleum Corporation Limited; DLF's proposed sale of its stake in its rental arm to Singapore's sovereign wealth fund GIC; and Dalmia Bharat Cement on exit of global PE firm, KKR.

Vivek Grover, Executive Director & COO is with JM Financial Asset Reconstruction Co. Ltd since 2008. He has seen this industry growing and evolving over last one decade. He has also witnessed the impact that various economic and regulatory developments have had on the ARC industry and Banks and how the industry has reacted to these.

Prior to JM Financial ARC, Vivek Grover was with IDBI Bank Ltd for 14 years, a large part of his stint being in Stressed Assets space.

Mr. Siby Antony is the Managing Director & CEO of Edelweiss ARC. He was formerly (a) the chairman of the Empowered Group of the Corporate Debt Restructuring cell; (b) head of SASF (Stressed Assets Stabilization Fund) as an Executive Trustee; (c) the executive Director of IDBI (Industrial Development Bank of India); (d) nominated by IDBI on the Board of Directors of ARCIL and various other companies; and (e) a former member, Institutional Group constituted by GoI for studying various issues connected with the flow of investment in infrastructure sector. Mr. Siby Antony has a post graduate degree in economics from Madras University; and Bachelor's Degree in Mathematics from Kerala University.

Mr. Nagaraj Garla is MD & CEO of IDBI Capital Markets & Securities Limited, a wholly owned subsidiary of IDBI Bank Ltd. which is a leading player in the investment banking space.

A post graduate in Commerce and Business Management, an Associate of Indian Institute of Bankers and a Certified Corporate Director from IOD, Mr. Garla has over 2 decades of experience in banking & finance spanning across different verticals like Corporate Banking, Retail Banking, MSME, Agri and Rural Credit, Trade Finance, International Banking Operations and Investment Banking.

Mr. Garla's competencies include building strategies, framing business plans and successfully implementing result oriented strategies for achieving targeted growth.

Mr. Garla has represented IDBI Bank at the CDR Forum. He also has more than 10 years' experience on various Credit Committees. Mr. Garla was on the Board of Directors of India Cements Limited and Orchid Chemicals & Pharmaceuticals Limited. He is currently a Member of the Trading Member Advisory Committee of NSE and a Member on the Advisory Committee (Finance) of the Birla Institute of Management Technology.

Rajesh Mokashi is the Managing Director and Chief Executive Officer of our Company. He holds a Bachelor's degree in Mechanical Engineering from VJTI, Mumbai and a Master of Management Studies degree from University of Bombay. He is a qualified Chartered Financial Analyst and has also cleared Level III of the CFA Program conducted by the CFA Institute, USA.

He has obtained a Diploma in Import and Export Management from Indian Institute of Materials Management. He has more than 30 years of experience in finance, commerce and credit risk sectors. He has been associated with OTIS Elevators Company (India) Limited, DSP Financial Consultants Limited and Kotak Mahindra Finance Limited in the past. He is on Board of Directors with CARE Kalypto Risk Technologies and Advisory Services Pvt. Ltd., He also Member-Empanellment Committee of NISM. He has been associated with our Company since 1993 and was appointed on the Board on August 22, 2009.

Ashwin's practice areas include banking and finance, structured finance transactions, mergers and acquisitions, fund formation and private equity transactions. He also advices clients in the derivatives and aviation finance space. Ashwin regularly represents private equity investments in publicly listed as well as privately held companies. He is also a part of the firm's regulatory advisory practice advising clients on banking and securities laws and regulations. Due to the fact that his background covers both debt and equity, in recent times, he has been particularly active in the restructuring and insolvency space.

Ashwin's key relationship clients include Fairfax, KKR, Goldman Sachs, Tata Capital, CPPIB and PSP.

ACCOLADES

• Recommended for Negotiation in the RSG India Report, 2017.
• Leading Lawyer for Banking & Finance and Aviation, The Legal500 Asia-Pacific, 2018
• Highly Regarded Lawyer for Banking-IFLR1000, 2018
• Insolvency & Restructuring Lawyer of the Year - India by Finance Monthly Global Award 2017
• Won The Economic Times 40 Under Forty Awards 2017
• Leading Lawyer for Banking & Finance by Asia Law Profiles 2016 & 2018
• Leading Lawyer for Banking & Finance and Aviation, The Legal 500, 2017
• Rising star for Banking, IFLR1000, 2016
• Leading Individual for Banking & Finance, The Legal500 Asia-Pacific, 2016
• Leading Individual for Banking & Finance and Aviation, Chambers and Partners, 2016
• Leading Individual for Mergers and Acquisitions, Who's Who Legal, 2013
• Deal of the Year 2017, IBLJ-
• Spandana Spoorthy Financials raises Funds from a consortium of investors

Uday leads Deloitte's Financial Advisory practice. He has spearheaded the rapid turnaround and transformation of the practice, which now operates at a significantly higher scale, in terms of depth, breadth and expertise.

He has over 30 years of global experience in the private and public sector and has served a large number of Global and Indian clients. His forte is supporting clients in conceptualizing and executing complex transactions, business transformation and management of change. He is a member of Deloitte India's Executive Committee.

Prior to joining Deloitte, Uday was Executive Vice President – Corporate Business Development, South Asia, at the General Electric Company. His role spanned GE's inorganic activities (M&A, strategic investing, joint ventures and partnerships) across all businesses – Power Generation, Energy Management, Renewables, Water, Oil & Gas, Transportation, Aviation, Capital and Healthcare.

Before joining GE, he worked with Kotak Investment Bank, where he originated and executed a number of deals spanning public markets, private equity, debt, M&A and corporate restructuring. Select public market transactions include Tech Mahindra's acquisition of Satyam; Jubilant Foodworks IPO; HDFC NCD with warrants issue.

He was also a Founder Partner with Accenture plc, having been responsible for several large, multi-year client relationships and the Resources P/L in India. His last role was Head – APAC Energy, and a member of Accenture's APAC Regional Leadership team plus Global Energy Leadership team.

Qualifications - He is a graduate from Bombay University (Sydenham College) with a Bachelor of Commerce degree. He is an FCA (Institute of Chartered Accountants of India) and also has an ICWA degree.

Shri Sudarshan Sen has taken over as the new Executive Director at the Reserve Bank of India today. He will look after Department of Banking Regulation, Department of Co-operative Banking Regulation and Department of Non-Banking Regulation.

Shri Sen, a career central banker who has long association with bank supervision and regulation, was in charge of the Department of Banking Regulation before taking over as Executive Director. He has also been Regional Director of Ahmedabad office of the Reserve Bank.

Shri Sudarshan Sen holds an MBA in International Banking and Finance from the University of Birmingham, UK. He also holds a master's degree in Mathematics from the University of Delhi.

Mr. Mehta has over 34 years of proven leadership experience in banking, financial services, insurance and investments with Citibank and AIG. In January 2013, he left AIG where he was the Country Head & CEO for AIG India, since 2000. Subsequently, he started SPM Capital Advisers Pvt Ltd, initially a JV with Mirabaud Securities, UK and Percy Mistry of Oxford International, UK. Mr. Mehta is the Chairman and MD of SPM Capital.

Mr. Mehta was an Independent Director on the Board of State Bank of India till March 2017. He is presently Chairman of Punjab National Bank, IIML Asset Advisors and Board member of IL&FS Investment Managers Limited. In addition, Senior Advisor to notable PE firms, World Business Capital Inc., Squire Patton Boggs, Verisk Analytics amongst other responsibilities. He is a former Senior Consultant to the Albright Stonebridge Group, USA.

As Country Head & CEO for AIG in India, Mr. Mehta was responsible for all AIG businesses in India covering - Insurance, Financial Services, Real Estate and Investments amongst other businesses. He set up AIG's insurance JVs with Tata's and responsible for expanding AIG's presence across ten businesses in India which included Life & Non-Life Insurance, Private Equity, Asset Management, Real Estate, Home Finance, Consumer Finance, Software Development, Mortgage Guaranty and Aircraft Leasing. He was on the board all AIG companies in India and also on the board of IDFC Ltd for several years.

Prior to joining AIG, Mr. Mehta worked with Citibank for over 18 years where he held various senior positions covering - operations, sales & risk process reengineering, risk management, public sector business and corporate banking. His last assignment was Corporate Bank Head for Citibank India and Senior Credit Officer.

Mr. Mehta is closely engaged with various Think Tanks and Chambers of Commerce. He is the founding Board member of The Asia Society India Centre and a past Chairman of American Chamber of Commerce (AMCHAM India). Mr. Mehta has strong interests in building sustainable communities and is the immediate Past Chairman of Action for Ability Development and Inclusion (formerly The Spastics Society of North India). He is actively engaged with The United Way and on the Boards of United Way India and Mumbai. He was also the Chairman of both these organizations and also member of the Global Transition Board of United Way Worldwide.

Mr. Mehta is a graduate from Shri Ram College of Commerce, Delhi University. He is a Fellow Chartered Accountant from the Institute of Chartered Accountants of India and alumni of the Wharton School of Management, University of Pennsylvania, USA.

Mrs. Barnali Mukherjee holds Bachelor's degree in Commerce from the University of Kolkata. She is also holding professional qualification of Company Secretary from the Institute of Company Secretaries of India (ICSI).

She has been with the Securities and Exchange Board of India (SEBI) since 1994 till date. She is currently posted in the Department of Debt and Hybrid Securities and her work area covers the following:

• Issues and listing of Debt Securities, Securitization, Municipal Bonds, Non Convertible Redeemable Preference Shares
• REITs and InvITs,
• She is also a member of the Corporate Bonds & Securitization Advisory Committee (CoBoSAC) and was a member of Alternative Investment Policy Advisory Committee (AIPAC) of SEBI.

Ishita leads the listings and the primary markets business at the National Stock Exchange of India and works closely with entrepreneurs, bankers and regulatory authorities to ensure easy access to growth capital. Ishita has experience on both buy and sell side and has seen the investing community from both these angles over the last 17 years.

Prior to NSE, Ishita led Investment Banking business for a domestic brokerage and was also instrumental in setting up an infrastructure focused private equity fund in India. She started her career in management consulting and led the CFO Advisory Forum for leading Asian corporates during her consulting stint.