Ms. Madhabi Puri Buch assumed office as Chairperson of Securities & Exchange Board of India (SEBI) with effect from March 2, 2022.

Ms. Buch has served as Whole Time Member, SEBI from April 2017 till October 2021 during which she handled various departments in SEBI.

Prior to that she had a career in financial markets and banking of around 3 decades. She served as Consultant to the New Development Bank in Shanghai, Head of the Singapore office of the Private Equity Firm, Greater Pacific Capital, Managing Director and Chief Executive Officer at ICICI Securities Limited and Executive Director, on the Board of ICICI Bank.  Ms. Buch also served as a non-executive director on the Boards of various companies.

Ms. Buch holds an M.B.A. from the Indian Institute of Management, Ahmedabad and is a Graduate in Mathematics from St. Stephen’s College, New Delhi.

Director, Financial Markets, Dept. of Economic Affairs, Government of India. Joined as Director in first ever Batch of Directors in Lateral Entry through UPSC at Govt. of India.

Academic Qualifications:

• MBA, IIM Calcutta
• L.B.
• Com.

Academic Distinction:

• Among top Rankers in MBA at IIM Calcutta
• Awarded National Merit Scholarship for excellence in academics in Bachelor of Commerce by Government of India
• Awarded certification in Trade Finance, SME Finance, Credit Card, Diploma in Microfinance from IIBF, Mumbai

Work Experience at Ministry of Finance, New Delhi

1. Effectively holding the charge of Secondary Markets.
2. Single Point of Contact (SPOC) for Sovereign Wealth Funds, Pension Funds etc. of Nations in ASEAN Region for enhancing investment in India.
3. Working on projects of National importance like Social Stock Exchange, enhancing retail investment in Government Securities etc.

Work Experience – at RBI

1. Effectively worked as Deputy General Manager at Reserve Bank of India for 18+ years. Worked in Internal Debt Management Department (IDMD), RBI, Mumbai.
2. Played a pivotal role in managing borrowing of Government of India through conducting Auctions of Government Securities.
3. Actively involved in launching an innovative product (first time ever in India) like Inflation Indexed Bonds.
4. Served as RBI Nominee Director on the Board of a Grameen Bank.

Lalit has over 31 years’ experience in all aspects of financial services industry. Highly enterprising, prompt decision maker with strong business acumen and entrepreneurship skills. He has a rich knowledge on Capital Market and handling High Net worth Investors, Retail Investors.

His organizational experience includes working from 1990-97 as Operations Head of Suresh Rathi & Co. and from 1997 till date, as Director of Suresh Rathi Securities Pvt. Ltd. Lalit has been instrumental in establishing network of retail outlets equipped with over 135 Sub-broker, 10 Branches spread over to 25 cities catering to over 40,000 investors providing financial products and services.

Lalit is currently on the advisory committee of BSE. In past he has been on various committees like BSE’s Computer & Technology Development Committee (2000-01) and prestigious Market Operation Committee (2001-2002). He has been elected as Chairman of ANMI WIRC for 2010-11 and again for 2015-16, elected as Director of ANMI (Association of National Exchange Members of India) for the year 2011-12, elected as Director of ANMI for the year 2016-17, elected as Committee Member ANMI WIRC in 2018 and elected on the BBF Governing Board and being a part of the BBF executive committee.

His educational qualifications include B.E. in Mechanical Engineering from MBM Engineering College, Jodhpur, Qualified as CFP (Certified Financial Planner) and various NISM Certifications.

From 1999-2010, Ms. Edmundson was the Executive Director of the Bond Market Foundation and the team leader for financial capability and investor education initiatives worldwide for the Securities Industry and Financial Markets Association (SIFMA) Foundation for Investor Education, developing multi-award-winning Web-based initiatives such as www.investinginbonds. com and www.investinginbondsEurope.org, which pioneered non-profit investor numeracy/literacy content used by millions annually to understand the concepts and the analytics/data behind fixed income markets, and the www.tomorrowsmoney.org suite of financial capability sites.

She also was responsible for the introduction of bond portfolios and other provisions into the Stock Market Game (SMG). Earlier in her career, Ms. Edmundson was Assistant to the President and Vice President of the Rockefeller Foundation, Special Assistant to the President of New York University (including an international portfolio of European and African academic programme development), and President of the CBS Foundation, including responsibility for accessible technologies operations at the CBS Broadcast Network of Television and Radio, such as closed captioning and video description.

In addition to her work with IFIE, Ms. Edmundson coordinates FC/IE resources and networking technology for the National Association of State Treasurers (NAST) Foundation in the U.S. and a financial literacy partnership between NAST Foundation and Mexico’s state and federal governments. She also develops leadership skill-building training and coaching to strengthen professional talent available to civic and community building organizations within and across jurisdictions and is an advisor on financing and capacity building for non-profit, networked, and virtual organizations. Ms. Edmundson was educated at Harvard University.

MD & CEO of NSE, Ashish Chauhan, (a technocrat from IIT Bombay and IIM Calcutta) is one of the founders of National Stock Exchange of India (NSE). He set up NSE’s screen-based trading and also created NIFTY index and handled many activities during NSE’s formative years. He is considered as the father of modern financial derivatives due to his work at NSE from 1993-2000. He started his career as a banker with IDBI in 1991 and was selected as a five-member team to set up NSE.

He subsequently worked at Reliance Industries Limited India’s largest company from 2000-09, as President and Group Chief Information Officer (CIO) as well as Head of Corporate Communications and CEO of IPL Cricket team Mumbai Indians in its formative years as additional responsibilities.

He also worked at BSE (formerly Bombay Stock Exchange) as Deputy CEO and CEO 2009-2022. He is credited with reviving BSE, completing its IPO and listing it, setting up IFSC Gift City Exchange inaugurated by Hon’ble Prime Minister of India Shri Narendra Modi, changing the way Indian mutual funds get distributed by setting up BSE Star MF platform, introducing mobile stock trading, making BSE, the fastest stock exchange in the world with 6 micro seconds response time by changing its technology completely and much more.

He has been recognised with several Indian and International awards including Top 50 CIOs in the world by Information Week, US, Digital Icon of the Year, Asian Banker of the Year and many more.

He has served on and is part of several policy committees of the Government including the Ministry of Finance, Education, MSME, CBDT as well as regulators such as RBI and SEBI. He also headed the South Asia Federation of Exchanges (SAFE) consisting of more than 20 exchanges. Currently he is a Member of the Board of WFE. He has spoken at conferences organised by several multi-lateral institutions including the UN, WEF, WFE, UNCTAD, OECD.

He is also serving as the Chancellor of University of Allahabad, one of the oldest Universities of India. He serves on the board of other prestigious government education institutions like IIMs, AJNIFM (National Institute of Financial Management), NITs, and IIITs. He is also a distinguished visiting faculty at Ryerson University in Toronto, Canada and Honorary Professor at Nottingham University Business School, UK.

Due to his varied experience, he is considered amongst the foremost experts in the fields of fintech, market microstructure, transaction processing, corporate governance, finance, regulatory policies, business, technology, cricket, and Indian social issues.

He has co-authored a book titled ‘BSE: The Temple of Wealth Creation’. A book titled ‘Sthithpragya: The Process of Maintaining an Equilibrium’ has been written on his life journey.

Sameer Patil heads the Business Development of the exchange including equity & equity derivatives, currency derivatives, commodity derivatives, fixed income, debt and mutual funds.

He is instrumental in setting up and responsible for Business Development of INDIA INX at GIFT CITY IFSC. Currently, INDIA INX has more than 90% market share.

He is a board member of INDIA INX Global Access (INDIA INXGA).

He has about 21 years’ of experience in financial sectors like Commodities, Currency Derivatives, Indices etc and has experience in Trading, Hedging Strategies, Product Designing and Business Development.

He was associated with MCX since inception for more than a decade as Senior Vice President – PKMT (Precious Metals) & Business Development and K J Investors Services (I) PVT LTD, an affiliate of Cargill Investors Services, Illinois, Chicago, USA as Senior Financial Analyst.

He is credited for successful launch of the flagship contracts on MCX the Gold, Silver, WTI Crude Oil and Copper contracts. The Gold Petal contract launched on April 18, 2011 was awarded as the Best Innovative contract of the year by FOW Singapore.

He is awarded the “India UAE business Ambassador of the year 2018” at Abu Dhabi and was nominated for the prestigious IIFC awards for excellence in respective fields. Past recipients of the awards being Mother Teresa, APJ Kalam, Rajesh Khanna, Sunil Gavaskar etc.

He is Science Graduate from Mumbai University and MBA in finance.

He holds an M.A. in Economics with Post-Graduate Diplomas in Marketing, Communications & Journalism.

He has over 3 decades of experience across BFSI, corporate and social development sectors. In his prior assignment he was associated with the National Dairy Development Board (NDDB) as an Executive Director. He has also served as a Director on the Board of Indian Immunological Limited (Hyderabad), Mother Dairy Fruit &Vegetable Private Limited (Delhi) and IRMA, Anand. In his banking career he worked with private sector banks like IDFC First Bank, Kotak Mahindra Bank and financial inclusion behemoth NABARD handling commercial lending, product development, distribution network, branding, communication, and CSR. His previous stints also include working with ACC cement and an NGO IRFT (International Resources for Fairer Trade).

As an NGO delegate, he participated in the UNCTAD summit in Brazil, WTO Ministerial in Mexico, and Hong Kong. He had been invited to speak at prestigious events and presented papers in conferences held at countries like Australia, Belgium, Brazil, France, Holland, Japan, Senegal and the UK. He was also invited by the US State Department for International Visitors Leadership Programme. Apart from representing Asia at the International Fair-Trade Forum he also chaired the think tank of the Asian forum for CSR in SMEs. He has over a dozen publications in national and international journals to his credit.

Former Co-Founder & Chief Operating Officer of Singapore Diamond Investment Exchange Pte. Ltd.

Latika Kundu is a widely acknowledged industry expert in setting up, launching & managing Exchanges, Clearing Houses & Depositories across all asset classes & products. With over 25 years of professional experience across leading global multi-asset exchanges & global investment banks – National Stock Exchange of India (NSE), Lehman Brothers, MCX Stock Exchange (now MSE), Singapore Mercantile Exchange (SMX), Macquarie Singapore, Singapore Diamond Investment Exchange (SDiX).

Latika has chartered vision & strategy for business development and growth. Built & represented value propositions for potential strategic investors, & secured key investments. Planned & executed formulated business goals and objectives by collaborating with internal & external stakeholders. Transformation of various trading, clearing, infrastructure platforms using various technologies including Blockchain. Conceptualized & implemented models to increase liquidity in Exchanges, achieve more resilient risk framework, identify fraudulent trade practices & anti-money laundering activities.

Latika has been Expert Committee Member of the Capital Market Committee of Bombay Chambers of Commerce & Industry; & Board Member of CMFAS Exams Board conducted by IBF, Singapore.

Recognized as a ‘Thought Leader’, felicitated by her alma mater ITM with ‘Distinguished Alumnus Award’ in 2010 and, recognized as ‘Top 50 Entrepreneurs’ in Ideas with Intention 2.0 by her alma mater Narsee Monjee College in 2019. She contributes to research activities in the Capital Markets and was Editor of MCX-SX Market Update.

Mr Nehal Vora is the Managing Director & Chief Executive Officer of Central Depository Services (India) Ltd. (CDSL) since September 24, 2019. CSDL under his leadership, has emerged as the leading Depository of India. CDSL is the first and only depository to be listed on the stock exchange in Asia and the and the first and the only depository to launch operations at the International Financial Services Centre (IFSC) at the GIFT City, Gandhinagar, India.  Nehal’s endeavour as the helm at CDSL is to build a robust franchise built on a foundation of fair and transparent governance framework coupled with a strong digital footprint.

 He was recently awarded the ‘CEO of the year’ by the 20^th Global Edition Business Leader of the year awards. He also received the ‘The Vocational Excellence Awards’ by the Rotary Club of Bombay Seaface.

Mr. Vora is a member of the SEBI Policy Committees, FPI Advisory Committee (FAC), Market Data Advisory Committee (MDAC) and Secondary Market Advisory Committee (SMAC) and he chairs the Working Group on the Data Protocols for Secondary Markets of the MDAC.  He is also the co-chair at the Expert Committee: Alternative Funding (PE + Capital Markets) of the IMC Chamber of Commerce and Industry.

 He is also a Director on the Board and a member of the India Seed Management Committee (ISMC) of AIC-NMIMS Incubation Centre, launched by NMIMS – a premier B school in India, in collaboration with NITI Aayog, Government of India.

Mr. Vora has over 25 years of experience across diverse segments in Capital Markets. In his earlier role as the Chief Regulatory Officer of BSE Limited and the member of the Executive Leadership Team, he drove regulatory excellence through membership compliance, surveillance, inspection, investigation, regulatory communication, investor services, listing compliance and regulatory legal teams. He began his career with Securities and Exchange Board of India (SEBI) in 1996. Amongst some of his key achievements at SEBI, he was instrumental in implementing the T+2 rolling settlement, risk containment system in the derivatives market in India and the system of mandatory Straight through Processing for the Institutional trades for the Indian Securities Markets.

Mr. Vora has also headed the Broking and Investment Banking Compliance at DSP Merrill Lynch Ltd, a leading brokerage house, as the Director, Law and Compliance. He has been felicitated with Distinguished awards including NetApp Innovation Award 2019, Compliance Champion award in 2018, IDC Digital Transformation Awards under the Dx Leader Information FOW Global Investors Group at the Asia Capital Markets Awards in 2017 for Best New Product in Market Surveillance. In recognition of his commitment and dedication to the Compliance Function at DSP Merrill Lynch, he was awarded OGC Living the Mission Award in 2008 by Merrill Lynch amongst many others and latest being recognised as the Distinguished Alumnus at H. R. College of Commerce and Economics. He is a guest speaker at various international forums including the IOSCO Harvard Training program for securities market regulators, conferences and is also a speaker at the National Institute of Securities Markets (NISM).

Ms. Padmaja Chunduru is MD & CEO of NSDL since Sept. 2021, after a 37-years stint in the Banking industry, with State Bank of India and Indian Bank. A Post Graduate in Commerce from Andhra University, Ms. Padmaja joined SBI in 1984 as a Probationary Officer.

In a career spanning more than 3 decades, with postings in India and USA, she gained rich experience in Corporate Lending and Credit Management, Retail Operations and Digital Banking, Treasury and International Operations.

Ms. Padmaja has extensive Board experience:

• Chairman – Indian Bank Board – 2018-21
• Member – LIC Board – 2018-21
• Member – NCPI Board – 2018

Detailed Experience

• MD & CEO, National Securities Depository Limited (NSDL) {Oct 2021 – Present}
• MD & CEO, Indian Bank, {Sep 2018 – Aug 2021}
  • Successfully steered the merger of Allahabad Bank into Indian Bank amid Covid challenges
  • Significant improvement in all key metrics and the empathetic handling of the cultural integration of two diverse banks was the subject of a case study “Merger of Equals” by Harvard Business School Publishing
• State Bank of India
  • Deputy Managing Director, Digital Banking – 2017-18
  • Country Head- SBI (US Operations) New York – 2014-17
    • Designed and oversaw strategic planning, business activity, risk management and compliance in all the US offices of State Bank of India primarily engaged in deposit raising and corporate lending

AWARDS & RECOGNITION

• ‘Banker of the Year’ 2019-20 – FE Best Banks Awards
• 50 most powerful women in Business – Fortune India 2022
• Best CEO (BFSI) 2021 – Business Today 2022
• Best CEO 2021 – Women Leadership (ET)

Devika Shah has assumed office as the MD & CEO with effect from January 1, 2018.

Devika comes with over 30 years of rich experience with BSE & has deep understanding of the exchange and clearing corporation related operations and regulations. During her tenure at BSE, she has headed various functions, in the areas of regulatory & business, including surveillance, investigation & inspection, trading operations, clearing & settlement, listing membership, Investor Protection Fund, business development, accounts, legal & regulatory communications.

She holds a Bachelors in Commerce degree from the University of Mumbai & is a Fellow member of the Institute of Chartered Accountants of India.

Vikram Kothari has worked in areas of product development, operations, risk management and sales in the stock exchange, Custody and Clearing and banking space for more than 25 years.

Prior to his current role as Managing Director of NSE Clearing Limited in India, he has worked with organizations like JP Morgan Chase, HSBC, NSE in various capacities. He has joined NSE Clearing in November, 2017

He is a graduate from Mumbai University and a Member of the Institute of Chartered Accountants of India.

Tejas Khoday is the Co-Founder & CEO at FYERS and is counted among the youngest professionals to get the NSE’s broker license. He has over 10 years of experience in proprietary trading, risk management, and broking. Tejas and his team started FYERS, a technology-focused brokerage in 2015 with an aim to transform the trading & investment ecosystem in India.

In a span of 6 years, FYERS has emerged as a leading tech enabled trading platform in India. Tejas’s deep domain knowledge has gone a long way in transforming the trading/investment landscape for investors by developing and scaling a world class trading platform at FYERS. Along with his team, Tejas has played a crucial role in setting up and developing unique trading opportunities such as FYERS Free Investment Zone, FYERS 30 day challenge, FYERS Web and thematic investment.

Tejas holds a Bachelor’s degree in Business Administration and Management with a major in Finance from Bhagavan Mahaveer Jain College, and a Post Graduate Diploma in Finance from Indian School of Business and Finance. He also holds a level 1 finance and investments Grade A certificate from Chartered Financial Analyst (CFA) Institute.

As a testimony to Tejas’s entrepreneurial success in building and scaling FYERS as the most preferred destination by young population for trading and investments , Entrepreneur India has recognised Tejas among Top 35 Entrepreneurs in India – 2021 (Entrepreneur India 35U35 2021).

Dr. Nair assumed charge as Director, NISM on 20^th September 2021.

Dr. Nair was a Member of the Securities Appellate Tribunal (SAT) during 2016-21. Before joining the SAT, he was an officer of the Indian Economic Service for about 31 years and held various positions in the Government of India. These positions include Director [Commodity Derivatives Market], Director [Development Policy], Director [Capital Markets], Adviser [Capital Markets], Secretary [FSLRC] etc. In the Ministries of Food and Consumer Affairs, Planning Commission and Finance Ministry respectively.

He was involved in substantive policy-law-institutional reforms in the financial sector in various capacities. These include report of the Financial Sector Legislative Reforms Commission (FSLRC), Bankruptcy Law Reforms leading to the enactment of the “Insolvency and Bankruptcy Code, 2016”, reforming commodity derivatives market regulation culminating in the merger of the Forward Markets Commission with the Securities and Exchange Board of India and a modern monetary policy framework with a Monetary Policy Committee, culminating in necessary amendments to the Reserve Bank of India Act, 1934; to mention a few of such reforms.

Dr. Nair has a Ph.D. in Economics (Market Regulation) from the Jawaharlal Nehru University (JNU), New Delhi. He has a Masters in Development Economics from the University of East Anglia, UK and Masters and Bachelor’s degrees in Economics from the Kerala University.

He has been a member of several Committees/Working Groups/Task Forces dealing with various issues in the financial sector. He has also been writing articles on topical financial sector issues.

Dr. Nair started his career in 1983 as a lecturer of Economics.

Mr. Khushro Bulsara is a qualified Chartered Accountant, Cost Accountant, Company Secretary and LL.B. Since July 2020 he has taken over as Head of BSE’s Investor Protection Fund (IPF). Before this, he was the Chief General Manager with BSE Ltd. (formerly Bombay Stock Exchange) heading the Listing Compliance & Legal Regulatory functions.

In his 30 years of work experience, he has spent over 24 years with BSE and has rich experience with several departments of the Exchange such as Surveillance, Inspection, Clearing & Settlement, Debt, Derivatives, Mutual Fund business and of course, Listing Compliance. He was responsible for setting up the Exchange’s popular Mutual Fund platform called StAR MF in 2009 and since 2012 he was heading the listing compliance and legal regulatory departments at BSE.

Nisha Subhash is Sr. Vice President-Regulatory at NSE. Over the last 26 years at the Exchange, she has handled a wide spectrum of functions including Corporate Listing and Compliance, Settlements, Surveillance and Investigations, Regional office operations and Investor Services.

She is a Chartered Accountant by profession. She started her career on completing articleship with AF Fergusson & Co., had a short stint in Equity Research, after which she joined NSE.

Rishi is a Commerce graduate, a Certified Financial Planner and an alumnus of IIM, Kozhikode

He has over 25 years of rich and diverse experience across the financial services domain, from equity, commodity, currency and insurance broking, financial planning, training, wealth and portfolio management to the exchange business.

Prior to joining MCX, he has held CXO level positions in various financial services companies and exchanges.

A passionate writer and speaker, his articles on finance and markets regularly appear in various media. He is regularly invited to speak or moderate at various industry events. He has imparted intensive training programs to leading banks, fund houses and insurance companies.

Yogesh Kundnani is presently working as Senior Vice President in CDSL (Central Depository Services India Ltd).

Yogesh Kundnani has got more than 25 years of experience in Capital Markets.

Yogesh Kundnani is registered as a Trainer with NISM (National Institute of Securities Markets).

Yogesh Kundnani has done more than 100 Investor Awareness Programmes across our country.

Krishan Sharma designated as Vice President , learning & development – Training at HDFC AMC Ltd.

He is a Graduate in Economics (Honours) and a Post Graduate in Management Accounting. He has been in the Mutual Fund Industry for close to 3 decades, of which he has been part of HDFC AMC for past  15 yrs. Before joining HDFC AMC he has worked in various position in research, PMS and Institutional Business with UTI Mutaul Fund.

While working in many parts of the country, he has undertaken extensive training programs and Investor Awareness Programmes for all segments of the business across India. Till date he has addressed more than 2000investment seminars and training sessions covering over 230 cities in the country and abroad.

As part of HDFC AMC Learning Academy, his main objective is to impart professional high quality training to HDFC AMC business partners and spread investment awareness to all.

Nilesh Shah is Group President & Managing Director of Kotak Mahindra Asset Management Co. Ltd.

He has over 30 years of experience in capital markets having worked in ICICI Group, Axis Bank Group and Franklin Templeton.

He has been part of the teams that received the “Best Fund House of the Year” Award at Franklin Templeton, ICICI Prudential and also at Kotak Mutual Fund.

Nilesh is a Board Member of AMFI, a Member of SEBI’s CoBoSAC committee and a part-time member of the Economic Advisory Council to the Prime Minister.

Priti Gupta is a financial professional and the founder of LXME, India’s first financial platform solely for women. She has over two decades of experience in the Banking, Financial Services, and Insurance (BFSI) industry. In addition to founding LXME, she is promoter and was Managing Director and at Anand Rathi Group. Having graduated from the Harvard Business School, she envisioned LXME to bridge the wide gap between women and wealth.

Through LXME, Priti aims to build an environment that enables women to take charge of their finances. Apart from an investment, LXME also promotes a community for learning with access to expert resources and tools. Priti has also been awarded ‘Woman Leader of the Year’ in the financial category by ‘Women on Top’ and NDTV Profit in 2011. She was also recognized for her ‘Special Contribution to Commodities Business’ in Zee Business Best Analyst Awards in 2013.

Multiple award-winning Business Professional, dedicated to 15 years of professional experience in active partnerships that necessitate sub-structuring of strategic initiations, economic & political management, business & financial aid along with overall assistance for the MENA & Asia Pacific in organizations and family offices. Has completed academic credentials in Public Policy Economics from University of Oxford & received an Honorary Doctorate from Mother Teresa University in International Business with the Nelson Mandela Nobel Peace Award in 2021 & the Mother Teresa Memorial Award 2022 by the UAE Ministry of Presidential Affairs.

Presently the CEO at Trust With Trade Group UAE, Abu Dhabi, United Arab Emirates, established as an independent and fully integrated international company across oil & gas, manufacturing, mining, waste management, Green and renewable Technology. Recently the group has diversified by investing in Neuroscience & Biotechnology.

Senior Investment Advisor, Royal Family offices, UAE: Advisory & invest across Central & southern Asia, EU & USA.

Founder and CEO, Oxygenate, Sustainability initiative for Global Climate Change and Renewable Energy.

Business Mentor at UN Women Flagship Programme Initiative / NAMA Mentoring Programme – Second Cohort (June – Dec 2022) on stimulating equal opportunities for women entrepreneurs.

Board of trustees & UAE Ambassador at World Peace tracts.

Passionate about encouraging ventures of Social entrepreneurship, impact investing & women led startups.

She is one of the co-founders of India’s largest real estate platform, Square Yards.

She has spent 15+ years in global real estate covering markets such as Canada, UK, and the Middle East.

Rabiah has been instrumental in setting up the UAE vertical from scratch; building strong practices, an aggressive sales culture, and enabling processes. Many practices like its unique sourcing strategy, sales metrics & incentive structures have now become some of the industry benchmarks in the UAE. She is currently working on building the proptech platform for the Middle East.

Monika Halan is a trusted personal finance writer, speaker and author who helps families get their money decisions right. She is the founder of Dhan Chakra Financial Education and the best-selling author of Let’s Talk Money that is now available in Hindi, Marathi and Punjabi as well. She is an Adjunct Professor at the National Institute of Securities Markets, a Sebi-founded educational institution and at Banasthali Vidyapeeth, Rajasthan. She is the Chairperson of Sebi Advisory Committee for Investor Protection and Education Fund.

She is a regular speaker on financial literacy, regulation, inclusion and consumer issues in retail finance. She has a Master’s in Economics from the Delhi School of Economics and a second Master’s in Journalism Studies from College of Cardiff, University of Wales, UK. She has worked across various media organisations in India, including Mint, The Economic Times and The Indian Express, and was Editor Outlook Money. She has run four successful TV series around personal finance in NDTV, Zee and Bloomberg India.

Monika has public policy experience as Member of the Task Force set up by the Government of India to put in place the Financial Redressal Agency, Member on the Sebi Mutual Fund Advisory Committee from 2009 to 2021, Member on the Ministry of Finance Committee on Incentives (Bose Committee), and Advisor to Swarup Committee in 2009.

She has four published academic papers in the field of household finance.

• Impact of Information Disclosure on Consumer Behaviour: Case of ATI Bonds, Niyati Agrawal, Monami Dasgupta, Monika Halan, Misha Sharma, Madhu Srinivas, Dvara Research, 2021.

Regulating consumer finance: Do disclosures matter? The case of life insurance. Monika Halan and Renuka Sane, NIPFP Working Paper Series, 2017.

Misled and mis-sold: financial misbehaviour by retail banks? Monika Halan and Renuka Sane, Journal of Comparative Economics, 2017.

The case of the missing billions: estimating losses to customers due to mis-sold life insurance policies. Monika Halan, Renuka Sane, Susan Thomas, Journal of Economic Policy Reform, 2014.

She was a Director on the Financial Planning Standards Board India and is a Member of the Editor’s Guild.

She is an author of the best-selling book Let’s Talk Money (Harper Collins, 2018). The Hindi translation Baat Paise Ki was released in 2020, Marathi and Punjabi in 2022. Her first book Seven Steps to Financial Freedom was published by Macmillan in 2005.

She was chosen as a Yale World Fellow in 2011 and was a Visiting Fellow at the German Institute for Global and Area Studies, Hamburg, Germany in 2022.

She is based in New Delhi and tweets at @monikahalan

Uma Shanmukhi Sistla is currently heading SBI-SG Global securities Services Pvt Ltd (SBI-SG) as its MD & CEO, since 1^st January 2022. SBI-SG is a joint venture company between State Bank of India, India’s Largest Bank and Societe Generale, 6^th Largest Bank in Europe. SBI-SG is into providing custody, clearing, fund accounting and other securities services.

Uma began her career with State Bank of India as Probationary Officer in 1987. She has wide experience spanning 35 years, in various areas of Banking, covering Branch Operations, Credit Management, Consumer Banking, SME Finance, International Banking, Training, e-course development, Investment Banking, Investor relations, Financial Control. She also has exposure to Bank’s International operations, owing to a 2 year stint at SBI’s Frankfurt Branch.

She has served as a Whole time Director of SBI Capital Markets Limited for a period of two years and was a director on the Boards of the group companies viz. SBICAP Securities Ltd, SBICAP Ventures Ltd & SBICAP Trustee Company Ltd.

Prior to joining SBISG, she held the position of CGM-Financial Control at SBI, and was primarily responsible for capital raising, investor relations, bank level performance monitoring etc.

Uma is a Science faculty graduate and a Certified Associate of Indian Institute of Bankers. She holds a MBA in Banking and Finance and was also a Certified Financial Planner from FPSB India in 2011.

She takes keen interest in Capital Markets businesses  and was also honoured by Equalifi as one among the “Top 100 Women in Finance” during 2020.

Mr. Anural Bansal possesses extensive experience of over 20 years in Capital Markets. He is Whole time director of SMC Global Securities Limited which along with its group companies offers a diverse range of financial services including institutional and retail brokerage of equity, derivatives, commodities, currency, online trading, depository services, distribution of IPOs, mutual funds, fixed deposits & bonds, insurance broking (life and general), clearing services, margin financing, investment banking, portfolio management, wealth advisory, real estate advisory and research.

Nithin bootstrapped and founded Zerodha in 2010 to overcome the hurdles he faced during his decade-long stint as a trader. Over the last decade, Zerodha has changed the landscape of the Indian broking industry. With more than 9.5 million customers contributing to over 15% of the exchange retail trading volumes, Zerodha is the largest retail brokerage in India today.A tech-first company now, Zerodha offers innovative trading & investing solutions that appeal to a wide audience in a bid to reach those sections of society that have stayed away from the capital market so far.

Nithin also started Rainmatter, an R&D fintech incubator and fund that has partnered with some of the best investment-tech startups in India. Rainmatter is focussed on creating an ecosystem for spurring innovation in the financial technology industry in India.

More recently, Nithin has also set up the Rainmatter Climate Foundation — an Indian climate fund providing funding to startups and grassroots organizations working on solutions to mitigate climate change.

Outside of work, Nithin enjoys spending time with his family, playing the guitar, poker, basketball, and swimming.

Rachana became a Chartered Accountant in the first attempt and chose teaching as a career at a very young age wherein she taught CA and MBA students for a period of 10 years. She started her YouTube journey in 2019 and today, she is one of India’s leading Finance Influencers. She has achieved the milestone of more than 3.8 million subscribers on YouTube and more than 760k followers on Instagram in a span of 3 years. She has also listed 7 courses related to stock market and personal finance on her website with more than 150k enrolled learners.

Her competence in explaining difficult concepts in an easy, simplified and fun-filled manner attracts professionals and beginners alike. She focuses on teaching the basics of stock market and helps an aspiring investor to become a pro- investor.

On 1st May 2022, on the occasion of Maharashtra Day, she ventured on to her ambition of spreading financial literacy in her mother tongue, ‘Marathi’. She has achieved the milestone of 100k subscribers on her Marathi channel within a span of 3 months.

Inspired by the ‘Har Ghar Tiranga’ initiative on the occasion of 75 years of India’s Independence, she has taken up the ‘Har Ghar Investor’ campaign with an objective of taking financial inclusion to newer heights.

She is a Sangeet Visharad and has performed various music shows all across India. She was also a part of Rahmania and had a great opportunity to be on stage with Mr A R Rahman! She has sung on Radio city twice and has also sung 2 Marathi songs in a music album.

ACCOLADES

She is the winner of YouTube next-up 2019.

She has appeared in the Top most position of an Official YouTube Blog titled “9 Women bosses who inspire us on YouTube” in 2020.

She was chosen by YouTube for their “Creating For India” campaign in 2022.

She is invited as a speaker at the ‘1 Billion Followers Summit’ – Dubai, to be held in Dec 2022.

She appeared on the cover story by Business Today in Aug 2021.

She was the face of the Women’s Day campaign run by Google in 2022.

She was a part of ‘Forbes India’s Top 100 Digital Stars of 2022’.

Her story has been covered on various platforms like BBC World news, CNBC TV 18, Mint, Indian Express, etc.

Prashant Jain was Chief Investment Officer at HDFC Mutual Fund, a leading Mutual Fund of India from 2004 to 2022. During this tenure, HDFC Mutual Fund’s assets grew from approximately Rs.3000 cr^ to approximately Rs. 4,40,000 cr. Of this approximately Rs.2,35,000 cr was in equity / equity oriented funds.

He has 31 years of investment management experience.

Prashant holds the distinction of being the only fund manager in India & one of the few globally, to have continuously managed a scheme for over 28 years. This fund, namely, HDFC Balanced Advantage Fund (earlier known as HDFC Prudence fund), a hybrid equity debt fund, delivered a CAGR of ~17.9% between Jan 1994 to July 2022 vs Sensex CAGR of ~9.6% in this period. Apart from being the most awarded fund manager in India, he also has the distinction of being the only fund manager in India to have managed 1 lac crores of equity funds.

Some refer to him as a contrarian investor, some a value investor, but he considers himself to be a rational investor. He has probably called every cycle / excess right in his three-decade career – often early, but eventually right. His key winning themes over this period were technology in 90’s, old economy from early 2000 to pre Lehman, consumer from pre Lehman to mid-2010’s and corporate banks, energy, defense, utilities etc in the last phase. On the other hand, he also successfully called the tech bubble and avoided the excesses of pre lehman in infra, power etc.  He called it a day at HDFC when the investment performance was very strong and ensured a seamless and smooth transition.

He completed his PGDM from Indian Institute of Management, Bangalore in 1991. Before this, he has obtained a Bachelor’s degree in Mechanical Engineering from Indian Institute of Technology, Kanpur.

Prashant has worked with SBI Mutual Fund (1991-1993) as well as Zurich India Mutual Fund (1993- 2003) in different capacities. He moved to HDFC Mutual Fund, subsequent to the takeover of Zurich India Mutual Fund by HDFC in 2003.

He is now in the process of setting up a boutique investment firm focused on long term investing.

^As on Mar 2004

Mr. Utpal Sheth is a capital market veteran with over 25 years of experience across various reputed Indian financial firms. He is currently the CEO and Senior partner at RARE Enterprises which is a multi-billion dollar proprietary asset management firm. His focus therein is on long term investing in public and private markets, portfolio construction and stock picking. He engages with investee companies to enhance shareholder value by emphasizing sustainable value drivers.

He is also the Founder and Mentor of TRUST Group. TRUST Group is the leading fixed income firm which has evolved into a full–service financial house. In TRUST Group, his focus is on strategy, institutionalization and team building.

Deven Sangoi is Senior Fund Manager at Abakkus. He has experience of 22 years on the asset management side, out of which 10 years in mutual funds space and 12 years in the insurance industry. His previous assignment was Chief Investment Officer (CIO) of Canara HSBC OBC life, managing both Equity and Fixed Income with a corpus of around USD 4 bn (INR 25,000 Cr). Previously he worked with many reputed organizations in financial service space which include names such as Aditya Birla Sun Life Insurance Ltd, Aditya Birla Sun Life Asset Management Co. Ltd, ICICI Prudential Asset Management Co. Ltd & Canara HSBC OBC Life Insurance. He is graduated in Electronics Engineering from Mumbai University and holds a post-graduate degree in Finance from Newport University.

Mr. Alok C. Churiwala is a third generation stockbroker and an Angel Investor. He holds a Bachelor’s degree in Commerce form H.R. College of Commerce & Economics, Mumbai. He has also holds a Diploma in Securities Law from the Government Law College, Mumbai apart from executive learning programs form IIM, Ahmedabad & Indian School of Business, Hyderabad. He has a rich experience of over 20 years in the Indian Capital Markets.

Churiwala Securities Private Limited (CSPL) is spearheaded by Mr. Alok C. Churiwala, whose focus & vision has helped the company to establish itself as a prominent & respected player in the industry. He has been responsible for starting the CDSL and NSE operations of the Churiwala Group. He was also responsible for the CSPL’s tie up with Larsen & Toubro and Trade.com for their Internet venture (Lttrade.com). He is currently
an independent director of on the Board of Khadim Ltd and also a member of the Audit Committee and Remuneration Committee.

He is the Former Vice-Chairman of the BSE Brokers Forum, which is an industry representative body. He was also on the Board of ICSA (International Council for Securities Association) as Asian representative and has attended their meetings in Paris, Sydney, Mumbai & Stockholm. He also represented Indian Capital Markets at ASF (Asian Securities Federation) at Seoul. Besides being an Ex member of the BSE Governing Board, he has been actively involved in various committees of the exchange. He chaired National Occupational Standards Committee of BFSI Sector, Skill Development Council of India and was on the advisory Board of ICCL (Indian Clearing Corporation Ltd). He is a much sought after visiting faculty offering lectures on a wide spectrum of subjects relating to Capital Markets in India. He is widely quoted in various business publications viz. Economic Times, Business Standard, Dalal Street & Financial Express & television media like NDTV Profit, Doordarshan, Zee Business, Star News, Sahara, BBC and CNBC, CNN-IBN, etc.

Parth Nyati, Chief Technology Officer at Swastika Investmart Limited, has over 9 years of in-depth experience in technology and finance. Starting his career with a US-based software company SumTotal Systems as an engineer, Mr. Parth later joined Swastika, an established stockbroker. During his 8 year stint with the company, he has been responsible for making the online and offline investment experience, simple and rich for clients.

At Swastika, Parth is responsible for leveraging technology to make trading an easy and intuitive experience for customers at one end and a scalable business at the other. Along with building the technology, Parth also heads the discount broking brand of Swastika – Tradingo.

A B.Tech from IIT Delhi, Mr. Parth is a believer in augmenting retail participation in financial markets.

Dr. V. Aditya Srinivas is working as the Chief Operating Officer and Chief Economist at the Bombay Stock Exchange Brokers’ Forum (BBF). He has over 16 years of corporate experience. He has represented India at Harvard University USA, South Korea, Japan, Maldives, Oman, Dubai, Hong Kong, Taiwan, Sweden, Indonesia, Turkey to name a few countries. He has taken more than 2000 sessions on Indian economy/ stock markets and trained over 65000 participants across India.

His qualifications are BBF Finance (Dist), MBA Finance (Gold Medal), Ph.D (Economics), MDP (IIM Ahmedabad), CWM, D.Litt (USA), ISO 9000 Lead Auditor. He has also presented 23 research papers in National and International conferences and have published 35 research papers.