Firstsource has an active Board constituted of members with extensive experience on international Boards as Unilever, British Airways and HSBC. The Board governs actively through audits and management committees.
Dr. Ashok Ganguly
K.P. Balaraj
Mohit Bhandari
Donald Layden Jr
Charles Miller Smith
Dr. Shailesh Mehta
Y. H. Malegam
Lalita D. Gupte
Ananda Mukerji
Dr. Ashok Ganguly
Dr. Ganguly is the Chairman of the Board of Directors of Firstsource. Dr. Ganguly brings with him vast experience in managing global businesses. Currently he is also Director (Central Board of Directors) of the Reserve Bank of India. He has been the Chairman of Hindustan Lever Limited and has also served as Director on the Board of Unilever Plc., its Anglo-Dutch parent and British Airways Plc.
Dr. Ganguly has a Ph.D. and a Master of Science from the University of Illinois and a graduate degree in Chemistry from Mumbai University.
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K.P. Balaraj
K.P. Balaraj is a Managing Director with Sequoia Capital India. Sequoia Capital India was formed with WestBridge Capital Partners which he co-founded in 2000. Sequoia India is the leading venture and growth capital firm focused on India, and currently manages around $1 billion of equity capital. The firm has invested in close to 30 companies in India across sectors, including market leaders such as Coffee Day, Bharti Telesoft, Indiatimes, Firstsource, Applabs, Indecomm, MarketRx and the recent buy-out of Flextronics Software. Prior to founding WestBridge Capital Partners, he was part of the private equity group at Goldman Sachs in Asia. Earlier, he was an investment banker at Salomon Brothers in New York and a summer fellow at the White House in Washington DC.
Mr. Balaraj received an MBA from Harvard Business School in Boston and a BS in Business Management from Brigham Young University in Hawaii, where he graduated as valedictorian of his class.
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Mohit Bhandari
Mohit Bhandari is a Director at Temasek Holdings Advisors India Private Limited ("THAIPL") where he is part of the direct investment advisory team providing consultancy services to Temasek Holdings in India.
Prior to joining Temasek Holdings Advisors India Pvt Ltd in March 2008, Mohit was with DSP Merrill Lynch as part of the Investment Banking/M&A team for 8 years. Mohit holds Computer Engineering degree from Mumbai University and MBA from IIM Calcutta.
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Donald Layden Jr
Donald Layden Jr is Senior Executive Vice President, General Counsel, Secretary and President, International Group, of Metavante Technologies, Inc. He directs its corporate development activities, including leading the team responsible for mergers and acquisitions and its international business. He reports directly to the chief executive officer and is a member of the company's Executive Committee. He returned to Metavante in 2004 with the company's acquisition of NuEdge Systems, which he had served as President. He has held senior management positions with Fiserv (President, Lending Systems Division), Marshall & Ilsley Corporation (Senior Vice President and Chief Executive Officer, Trust and Investment Management Group) and at Metavante (Senior Vice President and Chief Financial Officer). He began his career practicing law as a partner in the Quarles & Brady LLP law firm, where he concentrated his practice in corporate law and mergers and acquisitions. He also serves on the board of private company FEI Behavioural Health, a crisis management and employee systems provider. He has previously served as director of four other private companies: Oak Creek Pallet Company, Paragon Direct, ICSOL Malls, a web-based marketing services company and CardSystems Solutions, a Tucson-based merchant processor.
Donald received his bachelor's degree in economics and political science from Marquette University. He received his Juris Doctor with honors from Marquette University Law School.
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Charles Miller Smith
Charles Miller Smith is a senior advisor to Warburg Pincus International LLC and is the Chairman of Scottish Power Plc. Formerly he was the Chairman of Imperial Chemical Industries (ICI), where he joined as Chief Executive in 1994. Prior to that, he was a Director at Unilever, where he held financial and general management positions in the UK, Netherlands and Indian branches. He has also served as a Non-Executive Director of Midland Bank Plc. and HSBC Holdings Plc.
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Dr. Shailesh Mehta
Dr. Shailesh Mehta is president of Granite Hill Capital Ventures LLC, an investment and advisory partnership. Most recently, he has been a general partner with Invesco funds with over US$7 billion under management. He has also served as operating general partner of Sequoia India and was previously Chairman of the Board and CEO of Providian Financial Corporation, a company with over US$30 billion in assets and over 18 million customers. He joined the founding team of First Deposit Corporation, the predecessor company to Providian, in 1986 and built it from just 80 employees to over 12,000 employees. He also served as president and COO of Providian Corporation (only institutional investor of Providian Financial), which was the 10th largest shareholder-owned insurance company in America. He was Executive Vice President at the Ohio-based Ameritrust Corporation (now Key Corp.) before joining the founding team of Providian Financial. He has also served as an advisory board member for Arcot Systems, OSI Inc.
Dr. Mehta holds a Master's and a Doctorate degree in Operations Research and Computer Science from Case Western Reserve University. He completed his Bachelor of Science in Mechanical Engineering from the Indian Institute of Technology (IIT), Mumbai. He has received several awards for excellence in leadership as an individual and as a community leader.
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Y. H. Malegam
Y.H Malegam is a Chartered Accountant from India and England & Wales. He is also the Senior Partner of S. B. Billiomoria & Co., Chartered Accountants and Co-Chairman of Deloitte Haskins & Sells, Chartered Accountants. He has also been a President of the Institute of Chartered Accountants of India. He has been a member of several major committees in the financial sector appointed in recent times including The Narasimhan Committee for reforms in the financial sector, The Janakiraman Committee to enquire into the securities transactions of banks, The Dr. Dave Committee on private sector mutual funds, The Dr. Shah Committee on non-banking finance companies and The Madhav Rao Committee on urban co-operative banks.
Mr. Malegam was Chairman of the Committee appointed by the Securities Exchange Board of India (SEBI) to review disclosure requirement in the Offer Documents (The Malegam Committee). He was also a member of the Study Group appointed by SEBI on accounting policies, net asset values and pricing of mutual funds and a member of the Kumar Mangalam Birla Committee appointed by SEBI on corporate governance. He is currently the Chairman of SEBI’s accounting standard committee. He is also a member of the Central Board of the Reserve Bank of India and the Chairman of its local board for the western region. He is also a director of the National Stock Exchange and of several large public limited companies.
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Lalita D. Gupte
Lalita Gupte retired as Joint Managing Director and member of the Board of ICICI Bank in October 2006. She was responsible for setting up the international business of ICICI/ ICICI Bank since 2001. She has recently taken over as non-executive Chairperson of ICICI Venture Funds Management Company Ltd. She has more than three decades of experience in the financial sector, beginning her career with the erstwhile ICICI Limited in 1971 in the project appraisal division. Since then she has held various leadership positions in areas of leasing, planning and resources, retail and corporate banking. As Director in charge of strategy and COO in the erstwhile ICICI, she was responsible for diversification of ICICI Bank into retail. She also was responsible for the group diversifying into insurance and other areas and negotiated several joint venture agreements for the group over the years. She has won several awards in recognition of her work in the financial sector. She has also been on several committees constituted by Government and regularly addresses seminars. She has been on the Board of Governors of IIT, Mumbai and is presently Member of the Board of Management of Narsee Monjee Institute of Management Studies. She has been on several Boards as non Executive Director.
Lalita holds a Bachelor’s degree in economics and a Master’s degree in business management.
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Ananda Mukerji
Ananda Mukerji has over 23 years experience, working in a number of areas including project finance, corporate finance and investment banking. His association with the ICICI Group spans over a decade during which he set up and/or managed a number of new businesses for the group including the infrastructure, structured finance and advisory businesses. He has also been CFO of Enron India Limited and Group CFO of BPL Communications Ltd.
Ananda has a Post Graduate Diploma in Management (PGDM) from the Indian Institute of Management (IIM), Calcutta and a graduate degree from the Indian Institute of Technology (IIT), Kharagpur.
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