Mr. M. Damodaran is the Non-Executive Independent Director and Chairman of the Board. He has held a number of important positions in the Central and State Governments and in India’s financial sector, including Chairman, Securities Exchange Board of India (SEBI), Chairman, Unit Trust of India (UTI), Chairman, Industrial Development Bank of India (IDBI), and Chief Secretary, Government of Tripura. After successful tenures at UTI and IDBI, where he led the turnaround efforts, and at SEBI where he introduced improved corporate governance practices, he set up Excellence Enablers Private Limited (EEPL), a Corporate Governance and Board Advisory consultancy firm. His pioneering role in promoting Corporate Governance in India invests EEPL with an experience-based leadership role in corporate governance advisory work. In addition, he is presently a consultant, advisor, coach and mentor and serves on the Boards of some leading companies as well as on the Advisory Boards of some foreign entities.
Dr. Anupam Khanna is a Non-Executive Independent Director of the Company. Dr. Khanna holds a Ph.D. and a master’s degree in electrical engineering and management science/engineering economic systems from the Stanford University, California. Dr. Khanna has a Bachelor of Technology degree from Indian Institute of Technology, Kanpur. Dr. Khanna joined the World Bank in December 1980. From September 2000 till March 2003 Dr. Khanna was the Chief Economist for Shell International, London where he was also a core member of the Global Scenarios Team. He again joined World Bank in September 2003 Dr. Khanna joined our Board on March 27, 2015.
Ms. Pallavi Shardul Shroff is a Non-Executive Independent Director of the Company. Ms. Shroff is the Managing Partner of Shardul Amarchand Mangaldas & Co. with over 37 years of extensive experience. Her broad and varied representation of public and private corporations and other entities, before various national courts, tribunals and legal institutions has earned her national and international acclaim. She is a member of the Competition Law Review Committee, constituted by the Government of India. Ms. Shroff has been closely involved with some of the most challenging litigation and arbitration matters in India. She appears regularly in the Supreme Court and High Courts of India, and in arbitrations, mediations and international legal disputes. She has recently been appointed on the ICC (International Chamber of Commerce) Court of Arbitration. She is presently a Director on the Boards of prestigious companies viz. Apollo Tyres Ltd., Trident Ltd., Asian Paints Ltd and One97 Communications Ltd (Paytm).Ms. Shroff was recently conferred the ‘Lifetime Achievement Award’ at the Chambers India Awards 2019 and also been recognised as one of the Most Powerful Women in Indian Business by Business Today, seven years in succession (2013-19).
Mr. Rahul Bhatia is the Promoter and Non Executive Director of the Company. Mr. Bhatia holds a degree in electrical engineering from the University of Waterloo in Ontario, Canada. Mr. Bhatia was instrumental in the formation of InterGlobe Enterprises in 1989 with its flagship business of air transport management. Mr. Bhatia has more than 25 years of experience in the travel industry. Mr. Bhatia has led the development of many new business initiatives of our Company, including the travel and aviation business.
Mr. Rakesh Gangwal, a citizen of the United States of America is the Promoter and Non-Executive Director of the Company. He holds a bachelor’s degree in mechanical engineering from the Indian Institute of Technology, Kanpur. He also holds a master’s degree in business administration from the Wharton School, University of Pennsylvania, with a major in finance. He has more than 30 years of experience in the aviation industry. Mr. Rakesh Gangwal joined United Airlines in February 1984 where he held positions of various responsibilities before leaving as Senior Vice President - Planning in November 1994. Mr. Gangwal then joined Air France as an Executive Vice President - Planning and Development in November 1994. He left Air France in February 1996 to join the US Airways Group, Inc. and US Airways Inc. as the President and Chief Operating Officer. In November 2001, he left the US Airways Group as the President and Chief Executive Officer and was engaged in private equity and consulting related activities. Mr Gangwal worked with Worldspan Technologies, Inc. from June 2003 to August 2007 as the Chairman, President and Chief Executive Officer.
Ms. Rohini Bhatia is a Non-Executive Director of the Company. She also holds the office of Senior Vice President at InterGlobe Air Transport Limited since 2013. Mrs. Bhatia obtained her diploma in Textile Designing from the South Delhi Polytechnic, New Delhi, in 1985. She has a diversified experience of serving on the boards of various companies in the travel industry and is currently the Director on the Board of ARC Hospitality Private Limited, Navigator Travel Services Private Limited, Pegasus Buildtech Private Limited, Pegasus Utility Maintenance & Services Private Limited, InterGlobe Foundation and Shree Nath Shares Private Limited.
Mr. Anil Parashar, a Non Executive Director, is a fellow member of the Institute of Chartered Accountants of India and is a graduate in Economics from Delhi University. He has previously been a Director of the Company for a period from May 30, 2007 to March 26, 2015. Mr. Parashar has extensive operational and financial experience in handling various aspects of business including raising funds, capital restructuring, mergers & acquisitions, statutory compliances, investor relations and long term planning. He is currently the President and Chief Executive Officer & Whole time Director of InterGlobe Technology Quotient Private Limited (ITQ). Prior to this, he was the Group Chief Finance Officer at InterGlobe Enterprises Limited. He is a member of InterGlobe group’s Executive Committee and holding various positions on the Boards of several InterGlobe group companies. He is credited with over 30 years of rich experience including leadership positions at Swiss Air and Asbestos Cement Company. He is also a representative on PHD Chamber of Commerce, Assocham and FICCI Forums on Taxation and Travel & Tourism.
Mr. Ronojoy Dutta, Whole Time Director and Chief Executive Officer, is a graduate from the Indian Institute of Technology, Kharagpur and has completed his Master’s in Business Administration from the Harvard Business School. An aviation veteran, he was with United Airlines for nearly twenty years, holding a broad spectrum of leadership positions in Planning, Maintenance, Finance and Information Technology. Rono was an advisor to both Air Canada and US Airways during their restructuring and was engaged in long-term consulting contracts with Hawaiian Airlines and Air Canada. He has served on the Boards of United Airlines, US Airways and Marsico Trust Funds. Rono also has experience in the Indian aviation sector having worked with Air Sahara as President for two years.
Terms and conditions of appointment of Independent Directors.