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Mahindra and Mahindra Financial Services Ltd (MMFS.BO)

MMFS.BO on Bombay Stock Exchange

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Summary

Name Age Since Current Position

Dhananjay Mungale

62 2016 Non-Executive Chairman of the Board

Ramesh Iyer

2016 Vice Chairman of the Board, Managing Director

V. Ravi

2016 Chief Financial Officer, Executive Director, IR Contact Officer

Arnavaz Pardiwala

Company Secretary & Compliance Officer

V. Parthasarathy

2014 Non-Executive Non-Independent Director

Uday Phadke

65 2011 Non-Executive Non-Independent Director

Chandrashekhar Bhave

2015 Non-Executive Independent Director

Manohar Bhide

76 2000 Non-Executive Independent Director

Rama Bijapurkar

58 2008 Non-Executive Independent Director

Piyush Mankad

74 2005 Non-Executive Independent Director

Anish Shah

2016 Additional Non-Executive Non-Independent Director

Biographies

Name Description

Dhananjay Mungale

Shri. Dhananjay N. Mungale is a Non-Executive Chairman of the Board of the Company. He was an Non-Executive Independent Director of Mahindra & Mahindra Financial Services Ltd. Mr. Dhananjay Mungale is a Chartered Accountant and a Law graduate. He has spent a part of his career in corporate and investment banking in India and Europe with Bank of America and DSP Merrill Lynch Ltd. He is presently acting as advisor to corporations in India and Europe. He is on the Board of public and private limited companies.

Ramesh Iyer

V. Ravi

Arnavaz Pardiwala

V. Parthasarathy

Shri. V. S. Parthasarathy is an Non-Executive Non-Independent Director of the Company. He is Chief Financial Officer, Mahindra & Mahindra Limited arid is also designated as Group CIO, EVP Group M&A and Member of the Group Executive board, Mahindra Group, Mr. Parthasarathy holds a Bachelor’s Degree in Commerce and is a fellow member of the Institute of Chartered. Accountants of India. He is also Harvard Alumni of Advanced Management Program - batch 2011.

Uday Phadke

Mr. Uday Y. Phadke is an Non-Executive Non-Independent Director of Mahindra & Mahindra Financial Services Ltd. He is currently the Principal Advisor (Finance) at Mahindra & Mahindra Ltd. (M&M). Mr. Phadke has been with M&M since 1973. He holds Bachelor’s Degree in Commerce and Law from Mumbai University. He is a member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He was President – Finance, Legal & Financial Services Sector and Member of the Group Executive Board of M&M. He is a member of the SEBI Committee on Disclosures and Accounting Standards, CII National Committee on Accounting Standards and The National Group of Accounting Standards Board of Institute of Chartered Accountants of India (ICAI). He is also a Governing Council Member of the Association for Finance Professionals in India. Mr. Phadke was a Member of Advisory Committee on Accounting Standards constituted under the Companies Act. He has been Chairman of the Direct Taxes Committee of the Bombay Chamber of Commerce and Industry and was on the Accounting Standards Board of the ICAI. His other directorships include: Mahindra & Mahindra Financial Services Limited, Mahindra Lifespace Developers Limited, Mahindra Holidays & Resorts India Limited, Mahindra World City Developers Limited, Mahindra World City (Jaipur) Limited, Mahindra Insurance Brokers Limited, Mahindra Rural Housing Finance Limited.

Chandrashekhar Bhave

Manohar Bhide

Shri. Manohar Gopal Bhide is Non-Executive Independent Director of Mahindra & Mahindra Financial Services Ltd. He is a Master of Arts and CAIIB in Banking and Finance. His other Direstorships include, Finolex Industries Ltd., Mahindra Shubhlabh Services Ltd., J. P. Morgan Securities India Private Ltd., Global Trade Finance Ltd. IOT Infrastructure & Energy Services Ltd., Asset Reconstruction Company (India) Ltd. and J. P. Morgan Mutual Fund India Pvt. Ltd.

Rama Bijapurkar

Smt. Rama Bijapurkar is an Non-Executive Independent Director of Mahindra And Mahindra Financial Services Ltd. She holds a B. Sc. (Hons.) degree in Physics from the University of Delhi and a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad. She is a voice on India’s consumer economy and has an independent market strategy consulting practice. She has 30 years of experience in market research and market strategy consulting. Her work experience prior to setting up her independent market strategy consulting practice includes employment with McKinsey & Co., MARG Marketing & Research Group and full time consulting with Hindustan Unilever Limited. She is a dominant public voice on India’s Consumer Economy and author of “We are like that only- Understanding the logic of Consumer India”.

Piyush Mankad

Shri. Piyush Gunwantrai Mankad is an Non-Executive Independent Director of Mahindra & Mahindra Financial Services Ltd. Mr. Mankad did his post graduation in History from St. Stephens College, University of Delhi, and obtained a post graduation diploma in Development Studies with Distinction from Cambridge, U. K. Mr. Mankad is a retired civil servant. He was the Managing Director, State Industrial Development and Investment Corporation and ex- officio Secretary to the State Government. He has also held important positions including those of Counsellor Economic, Embassy of India - Tokyo, Controller of Capital Issues - Ministry of Finance, Director General - National Productivity Council of India, Secretary - Departments of Industrial Development and Public Enterprises, Secretary - Industrial Policy and Planning, Chairman - Foreign Investment Promotion Board, Secretary - Information and Broadcasting, Finance Secretary - Government of India and Executive Director (India) and Board Member Asian Development Banlç Manila. He was also a member of Telecom Commission, Space Commission and Atomic Energy Commission and is on the Board of IIM Ahmedabad, IIM Calcutta and IIM Bangalore. He was a Member of the Investment Advisory Committee of the Army Group Insurance Fund, India.

Anish Shah

Dr. Anish Shah is an Additional Non-Executive Non-Independent Director of the Company. Dr. Shah is the Group President (Strategy) for the Mahindra Group. His key focus areas are strategy development and implementation, building capabilities such as digitisation and analytics, driving international growth especially in the US and Africa.

Basic Compensation

Name Fiscal Year Total

Dhananjay Mungale

2,070,000

Ramesh Iyer

65,316,000

V. Ravi

--

Arnavaz Pardiwala

--

V. Parthasarathy

--

Uday Phadke

--

Chandrashekhar Bhave

90,000

Manohar Bhide

2,095,000

Rama Bijapurkar

1,820,000

Piyush Mankad

2,140,000

Anish Shah

--
As Of  30 Mar 2015