Board of Directors – AMC

Mr. Raul Ignatius Rebello

Mr. Raul Ignatius Rebello is the Managing Director & Chief Executive Officer of Mahindra & Mahindra Financial Services Limited (MMFSL). He is also the Director on the board of various subsidiary companies of MMFSL. He is a career banker with extensive experience in the domain of Rural Banking and Financial Inclusion. He joined MMFSL on 1st September 2021 as the Chief Operating Officer of the Company. He has capably led the growth and transformation journey in MMFSL, demonstrating strong leadership. He represents a strong combination of business leadership and social commitment, which aligns with the Mahindra Group ‘s core purpose of Rise. He is personally passionate about impacting livelihoods of the low-income community and agrarian households. Prior to joining MMFSL, he was with Axis Bank as EVP & Head- Rural Lending & Financial Inclusion. In his 19 years stint with Axis Bank, he led key business including Rural Lending, Farmer Funding, Gold Loans, MSME lending, Commodity Loans, Tractor & Farm Equipment Lending, Agri- Value chain Deposits, Payments & Insurance. He also led the Business correspondent channel including 15000 + partner outlets and the Micro-ATM channel of the Bank. He played a pivotal role to increase the Banks Distribution in Rural and Semi-Urban areas through light format Banking outlets, Micro-ATMs, and Rural ecosystem partnerships. Under his leadership, Axis Bank has won the prestigious Financial Inclusion Award at the Asian Baking and Finance Awards in 2019 and 2021.

Mr. Anthony Heredia

Mr. Anthony Heredia is a Chartered Accountant and has over 28 years of experience in the investment management industry. The senior roles held by him in the Mutual Fund business include Managing Director of Morgan Stanley Investment Management, CEO & Whole Time Director of Baroda Asset Management India Limited and Chief Executive Officer of BOI Axa Investment Managers Pvt. Ltd. He has extensive experience and a very strong understanding of Sales, Marketing and Investment domains within the business.

Mr. Gianni Fiacco

Mr. Gianni Fiacco has over 23 years’ experience in financial services field. He is the Head of Emerging Markets & Chief Strategy Officer for Manulife’s Wealth and Asset Management businesses in Asia. He also oversees the Wealth & Asset Management emerging market businesses of Malaysia, Indonesia, Thailand, Philippines and Vietnam as well as being responsible for the development and implementation of business strategies to deliver on the company’s growth objectives across Asia. Prior to joining Manulife Investment Management , Gianni served as Regional Controller, Asia for Manulife Financial, where he was accountable for financial and management accounting, planning, forecasting and analysis as well as tax and internal controls related to finance across Asia. Before joining Manulife, Gianni worked with PricewaterhouseCoopers LLP in their Audit and Assurance Services group. Mr. Gianni Fiacco is a Chartered Accountant and also a Chartered Public Account from Institute of Chartered Accountants of Ontario and has a Bachelors Degree in Commerce from University of Toronto.

Ms. Chitra Andrade

Ms. Chitra Andrade has nearly 36 years of experience across the Indian Financial Services sector including banking, investment banking, asset management and NBFCs. She holds a PGDBM from XLRI Jamshedpur and a B.Com (Hons). from Calcutta University. She has held leadership roles and served on the Management/Executive Committees of reputed financial services companies such as GE Money, Citibank, DSP Merrill Lynch and Bank of America, among others. She has further consulted on special assignments with reputed firms including UTI Mutual Fund, Indian Institute of Banking & Finance, National Institute of Securities Markets and DDI.

Mr. Vijay Seshadri Ramachandran

Mr. Vijay Ramachandran, has worked twelve years with J Walter Thompson (now Wunderman Thompson), and on many of the agency’s brands as an account planner. His clients ranged from Unilever, Cadbury’s, Godrej-GE Appliances, Ceat Tyres, Kellogg’s, Pond’s and De Beers. He was associated with Citi Bank as the Marketing and Analytics Director for India for setting up the analytics team and built it out to handle analytics for Europe and the Americas. His responsibilities at Citi Bank also included internet and digital banking (building the digital acquisition engine, revamping the website, creating the mobile app and innovative mobile payment mechanisms) and adding product management (liabilities, investments, and insurance).He was also appointed as the Chief Marketing Officer of the EMEA region handling marketing responsibilities for 12 countries in Eastern Europe, Middle East and Africa. He was also on the six member global marketing council from 2010 to 2014, working on global branding of the bank, creating cross-market and cross-regional synergies in communications and products. Mr. Ramachandran has also worked with IDFC Bank Limited as the Chief Marketing Officer. Mr. Ramachandran holds B. Tech (Electrical Engineering) degree from IIT Madras and a PGDM from IIM Ahmedabad.

Prof. Sethu Gururajan

Prof. Sethu Gururajan has done Doctorate in Management from IIM, Ahmedabad, M. Tech from IIT, Madras and B. Tech (Honours) from IIT, Kharagpur.

Prof. Sethu was formerly the Dean of IIM Trichy. In his career, he had also been associated with XLRI, Jamshedpur, Indian Institute of Capital Markets and National Institute of Securities Market, Mumbai where he was handling teaching and admin related responsibilities.

Mr. Ashutosh Bishnoi resigned as a Managing Director & Chief Executive Officer of the AMC with effect from 1^st April 2022

Mr. Ramesh Iyer, resigned as a Non-Executive Non-Independent Director, of the AMC with effect from close of business hours of 29^th April 2024