Board of Directors

Mr. Nand Kishore, Chairman of the Company, is a 1981 Batch Officer of Indian Audit and Account Service. He retired as Deputy Comptroller and Auditor General (Dy. CAG) in the rank and pay of Secretary to Government of India. As Dy. CAG he looked after audit of Defence, Railways and Communications ministries of Government of India including their departments and public sector units.

Mr. Kishore holds a Bachelor of Engineering (Electrical) degree from University of Roorkee (now IIT Roorkee) and is also a Certified Internal Auditor from The Institute of Internal Auditors, Florida, USA.

Mr. Kishore is currently the Chairman and Managing Director of Infrastructure Leasing & Financial Services Limited. In addition, he is also Director on the Boards of IL&FS Engineering and Construction Company Limited, Noida Toll Bridge Company Limited, IL&FS Infra Asset Management Limited, IL&FS Financial Services Limited, IL&FS Securities Services Limited, Road Infrastructure Development Company of Rajasthan Limited, IL&FS Tamil Nadu Power Company Limited and IL&FS Energy Development Company Limited

Mr. Subrata Kumar Mitra have been on Board of Directors and Committees of several reputed companies in diverse industries as an Independent Director and an Advisor to a large international bank including few PE firms and Start Up firms.

Mr. Mitra holds M.Sc degree from University of Calcutta and an MBA from the USA

Mr. Mitra has also been associated with several international and domestic NGOs, Committees and Chambers in India. He is a regular contributor of articles in reputed domestic and international financial publications and have delivered talks in domestic and international forums. He is currently India Correspondent for Asia Asset Management, Hong Kong.

In addition, he is also a Director on the Boards of IL&FS Engineering and Construction Company Limited, PPFAS Asset Management Private Limited, Roadstar Investment Managers Limited, Centrum Broking Limited (CN), Asirvad Micro Finance Limited, Blue Ocean Financial Services Private Limited.

Dr. J.N. Singh, IAS (Retd) of 1983 Batch, completed his tenure as the Chief Secretary of Gujarat State in November 2019 after more than three years.

He is a graduate from Jawaharlal Nehru University and Ph.D from MS University. He is also a Management graduate from the Asian Institute of Management, Manila, Philippines.

He has held many important portfolios including Collector & District Magistrate, Junagadh, Member (Administration), Gujarat Electricity Board, Joint Secretary, Government of India, Member(Finance) National Highways Authority of India, MD Sardar Sarovar Nigam Ltd, Addl. Chief Secretary in several departments like Revenue, General Administration and Finance before being promoted as the Chief Secretary of Gujarat State.

Dr. Singh has served largely in Infrastructure & Finance Sector having handled Industrial Infrastructure, Power, Telecom, Highways, Water and State Finances. During his tenure, Gujarat witnessed rapid growth in Industrial Sector and seen highest investments from abroad.

Dr. Singh guided and steered several companies during 2016-2019 as Chairman of Gujarat Alkalies and Chemical Ltd, Gujarat State Fertilizers Corportaion Ltd, Gujarat Narmada Fertilizers Corportaion Ltd, and Gujarat Gas Limited and as Managing Director of Gujarat State Petronet Limited. During his Chairmanship, Gujarat Gas was acknowledged as Top 5 wealth creators during 2019.

In the road and highway sector Dr Singh worked as Member Finance of National Highway Authority of India. His tenure witnessed the maximum growth in PPP projects as also the maximum expansion of road sector compared to the earlier periods.

Under the overall guidance of Hon Prime Minister Shri Narendra Modi, Dr Singh was closely associated with the construction of the Statue of Unity- the tallest statue in the world- in his capacity as Managing Director of Sardar Sarovar Nigam.

Presently, he is a Director on the Boards of Roadstar Investment Managers Limited, IL&FS Engineering and Construction Company Limited and Nimbark Fashions Limited

Dr. Rajeev Uberoi is a career Banker with more than 35 years of experience in both public and private sector and foreign banks. As a Lawyer and a Banker, he has been instrumental in number of mergers and acquisitions namely, ANZ-Grindlays and Standard Chartered Bank, Standard Chartered Bank and American Express Bank, IDFC demerger into Bank. Dr. Uberoi is also a profound writer and has a lot of publications to his credit.

Dr. Uberoi possesses degrees in LL.B, M.A. (Economics), Ph.D. (Philosophy) and MBA Ph.D. in Economics.

Presently he is a Director on the Boards of Aurionpro Solutions Limited, Shalimar Paints Limited, Jindal Stainless Limited, The Investment Trust of India Limited, Roadstar Investments Managers Limited, Centrum Financial Services Limited, Centrum Capital Limited, Centrum Retail Services Limited, National Urban Co-Operative Finance and Development Corporation Limited, Aurionpro Payment Solutions Private Limited, Faarms Global Techventure Private Limited, FAARMS Technology Pte. Limited, Singapore.

Mr Kaushik Modak is a Chartered Accountant. During his career spanning over 25 years he has held several senior positions in Marquee Institutions like Kotak Mahindra, Bank of America and Rabobank. He has a wide experience across Treasury, Capital Markets, Mergers and Acquisitions and Corporate Banking. Prior to his current assignment Mr Modak was CEO & Country Head of Rabobank India.

Kaushik Modak is currently the Chief Executive Officer of IL&FS Financial Services Limited. In addition, he is also Director on the Boards of IL&FS Investment Managers Limited, IL&FS Portfolio Management Services Limited, IL&FS Securities Services Limited, IL&FS Energy Development Company Limited and IL&FS Tamil Nadu Power Company Limited.

Mr. Kazim Raza Khan brings over three decades of rich professional experience in the infrastructure and construction sectors. He joined the IL&FS Group in December 2005 as Assistant Vice President at IL&FS Transportation Networks Limited (ITNL) and served as Senior Vice President and Regional Head for South and West India until January 2019. Following this, the newly appointed IL&FS Board entrusted him with the role of Business Head in 2019 and subsequently, as the Chief Executive Officer of IL&FS Engineering & Construction Company Ltd. (IECCL) on May 16, 2019. Under his leadership, IECCL has achieved a remarkable turnaround, restoring its position as a going-concern company.

Mr. Khan holds a Master's degree in Business Administration with specializations in Finance and International Trade Management and a Bachelor's degree in Civil Engineering. He has also completed executive management programs, including the Top Management Development Certification from IMD, Switzerland and the Top Leadership Program from AIM, Philippines.

He is a Life Member of the Indian Road Congress and possesses extensive expertise in the construction of highways, airfields, rail and metro systems, irrigation, power projects, high-rise buildings, ports, oil and gas facilities, and World Bank-aided projects, including Public-Private Partnership (PPP) initiatives.

Presently, he is a Director on the Boards of Road Infrastructure Development Company of Rajasthan Limited and Noida Toll Bridge Corporation Ltd.

Ms. Vini Mahajan, appointed as a Non-Executive Director on the Board of Infrastructure Leasing and Financial Services Limited (IL&FS) from May 23, 2025, is a retired Indian Administrative Service (IAS) officer of the 1987 batch from the Punjab cadre. She served in the civil services until her retirement in October 2024. Her last assignment was as Secretary in the Ministry of Jal Shakti, Department of Drinking Water and Sanitation, Government of India, a position she held from January 2022 until her retirement. In this role, she was responsible for overseeing two of the Government's flagship programmes – the Jal Jeevan Mission and the Swachh Bharat Mission (Grameen).

Prior to her tenure in the Central Government, Ms. Mahajan served as the Chief Secretary of Punjab, becoming the first woman to hold this position in the state's history. Over the course of her career in Punjab, she led several important departments, including Housing & Urban Development, Revenue, Industries & Commerce, Information Technology and Investment Promotion, Finance, and Health. She also played a leading role in managing the state's response to the COVID-19 pandemic.

At the national level, Ms. Mahajan served as Director and then Joint Secretary to the Prime Minister of India from 2005 to 2012, where she was responsible for handling financial and infrastructure sector matters. She was a key member of the team that crafted India's response to the global financial crisis of 2008-09. Earlier, from 2004 to 2005, she served as Director in the Department of Economic Affairs in the Ministry of Finance, Government of India.

Ms. Mahajan holds an MBA from the Indian Institute of Management (IIM) Calcutta, where she was placed on the Roll of Honour, and a B.A. (Honours) in Economics from Lady Shri Ram College, Delhi University. She is a recipient of several academic awards, including the National Talent Search Scholarship, and was selected as a Hubert H. Humphrey Fellow for the year 2000-2001, during which she was based at American University in Washington, D.C