Board of Directors of Trustees Co.
Rajnish Kumar
Chairman & Independent Director
Mr. Rajnish Kumar is former Chairman of State Bank of India. He completed his 3 years term as Chairman in October 2020.
He is credited with steering the Bank successfully through very challenging times. During his tenure, the Bank developed YONO, a digital platform, which has established the Bank as a global leader in adoption of technology and innovation.
Mr. Kumar is a career banker with nearly 4 decades of service with State Bank of India. His expertise in corporate credit and project finance is well recognised. He served the bank in various capacities across the country including in the North East as Chief General Manager.
He successfully managed UK operations of the Bank immediately after the crisis caused by the collapse of Lehman Brothers. Earlier he worked as Vice President (Credit) at Toronto.
Mr. Rajnish Kumar was also the Chairman of SBI’s subsidiaries, important ones being, SBI Life Insurance Company Limited, SBI Foundation, SBI Capital Markets Limited, and SBI Cards
& Payments Services Limited. He also served as Director on the boards of various organisations, viz. Export - Import Bank of India, Institute of Banking Personnel Selection, National
Institute of Bank Management, Pune, Indian Banks Association, Khadi & Village Industries Commission, Indian Institute of Banking & Finance, among others.
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Milan Ganatra
Associate Trustee
Milan has been associated with the wealth and asset management industry through his company Miles Software Solutions Pvt Ltd, a company he founded in March 1999.
At Miles, Milan has been pioneering strategy, product marketing, sales, services, and support of Miles solutions under the brand MoneyWare™; He has successfully defined and implemented a strong vision for Miles to make it amongst the leading provider of wealth and portfolio management solutions. Milan has deep domain knowledge on wealth management and wide experience in leveraging technological advancement for efficient investment management.
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Laxmikant Gupta CA, CMA, FRM
Independent Trustee
Laxmikant has been part of the financial industry for over 15 years! Since 2007, he has been in leadership positions relating to Risk Management and Complianceat various AMC’s namely – Franklin Templeton (2002-07), Birla Sunlife (2007-09), ICICI Venture (2010-2015). He also worked with ICICI Bank, I-Sec, A F Ferguson & Co. Between Feb 2017 and September 2018, he was appointed as the Chief Regulatory Officer at the National Commodity Derivatives Exchanges Limited (NCDEX), a role where he was closely involved with Risk Management, Surveillance and Compliance functions. In addition, Laxmikant has worked on projects relating to review of Anti-bribery and Anti-corruption measures under the assignment and guidance from the World Bank.
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Yogesh Parekh
Independent Trustee
Yogesh is an eminent entrepreneur who cofounded the Adfactors Group in the 1990s. In this capacity he was one of the leading innovators in the advertising & marketing of various financial instruments and has vast experience in design and structuring of complex financial products and of marketing them successfully to a diverse group of target investors in India & overseas. He has helped numerous entrepreneurs enter the capital market through Initial Public Offerings. He subsequently founded Crossnet Ventures and is currently engaged in setting up a cargo venture in the emerging aviation transportation sector. A sport aviation enthusiast, Yogesh is also a qualified pilot and was one of the founders of the Bombay Hang-Gliders Club and is a Life Member of the Bombay Flying Club. He was the pilot member of the 3-member team that designed, built & flew the first microlight aircraft in India. Leveraging the combination of his marketing and aviation skills, Mr Parekh pioneered the concept of aerial advertising in India, including banner towing, leaflet & flower dropping and helium & hot air balloons. He has also been involved in operations of aerial crop spraying, cloud seeding & aviation transport to inaccessible places.
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Lancelot Joseph
Independent Trustee
Lancelot Joseph is a prominent and well-respected name in the world of Journalism. He has been associated with Business India since 2004 and is now designated as an Executive Editor. His specialization and strength has been balance sheet and equity analysis, and equity and commodity markets.
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