Board of Directors

Shri Manoj Mittal – Non-Executive Chairman

Shri Manoj Mittal aged about 54 years has a track record of over 3 decades in propelling organizational growth and profitability through strategic leadership, multi - functional expertise, building / optimizing organizational processes.

At present, Shri Mittal is Managing Director and Chief Executive Officer of IFCI Ltd.  Earlier, he worked as a Deputy Managing Director at Small Industries Development Bank of India (SIDBI) from Jan 2016 – Jan 2021. He was closely involved in the development of SIDBI Vision 2.0 and its successful implementation to emerge as a financially stronger impact institution.

He had played a lead role in restructuring of dues of Banks to MFIs during the A.P. MFI Crisis in 2010 and implementation of responsible lending initiatives.  He also has comprehensive experience in design, management and impact evaluation of various sustainability and developmental programs funded by multilateral agencies / Government of India. He is a Strong Votary of Credit Plus approach for holistic development with expertise in extending capital (Debt and Equity) and development support to MSMEs / Startups, financial intermediaries - Banks / Non-Banking Finance Companies / Micro Finance Institutions, Alternate Investment Funds.

 

Dr. Sumita Rai is a Ph.D in Organizational Behavior from Indian Institute of Technology (IIT) Kanpur, India before joining MDI¸ Prof. Sumita Rai was a member of faculty of Human Resource Group at Indian Institute of Management (IIM), Indore and Indian Institute of Management (IIM), Lucknow. She taught at BEM/Kedge Management School, France University of Szeged Hungary. Currently she is Professor and Chairperson of Post-Graduate Program in Human Resource Management at MDI. She has consulted extensively with various Public¸ Private¸ and MNCs in India such as Power Grid Corporation of India Ltd, Petronet-LNG, Nestle India Ltd to name a few. She regularly conducts trainings and Leadership Development Programs for PSUs on Advance Management. IAS & defense officers¸ PSB officers, PSE Mid to Senior Leaders and MNCs with a focus on competency mapping and profiling; understanding self, Managerial Effectiveness, Negotiation skills and Conflict Management, Team building, cross cultural training and exploring personality. She is a certified trainer of MBTI from CPP Asia Pacific. Dr. Rai has published more than 40 research papers in various national and international journals. She has co-authored a book titled “Millennials and the workplace: Challenges for Architecting the Organization of Tomorrow” which has been published by Sage International in May 2012. She has also been actively involved in joint research at national and international levels. Prof Rai also works in the area of Ethical Leadership.

Dr. Sumita Rai - Director

Dr. Sumita Rai is a Professor of Organizational Behavior at MDI. She is a Ph.D. from Indian Institute of Technology (IIT) Kanpur, India.

Prior to MDI¸ Dr. Sumita Rai was a member of faculty of Human Resource Group at Indian Institute of Management (IIM), Indore and   Indian   Institute of Management (IIM), Lucknow. She has also taught at BEM/Kedge Management School, France University of Szeged   Hungary.

She regularly conducts trainings and Leadership Development Programs for PSUs on Advance Management, IAS & defence officers¸ PSB   officers, PSE Mid to Senior Leaders and MNCs with a focus on competency mapping and profiling; understanding self, Managerial Effectiveness, Negotiation skills and Conflict Management, Team building, cross cultural training and exploring personality. She has consulted extensively with various Public¸ Private¸ and MNCs in India such as IOCL, Power Grid Corporation of India Ltd, Petronet-LNG, Nestle India Ltd to name a few.

Dr. Rai has published more than 40 research papers in various national and international journals.  She has co-authored a book titled “Millennials and the workplace: Challenges for Architecting the Organization of Tomorrow” which has been published by Sage International in May 2012. She has also been actively involved in joint research at national and international levels. She is also working in the area of Ethical Leadership.
Shri Venugopal K Nair is Director General of Police – Retired with vast experience in the field of Policing and Administration that included Law & order, Security, Vigilance. He also has exposure to Industry having worked as Managing Director of the Kerala State Civil Supplies Corporation and the the State Shipping and Inland Navigation Corporation. His stint in Delhi as Director Vigilance in  Steel Authority provided him with deep insight into Corporate Governance  and Corporate Compliances with  a better understanding of corporate malfeasance. At present, he is serving as an Independent External Monitor (IEM)  with National Aluminium Corporation ( NALCO), Bhubaneswar, and ITI Bangalore (GOI). He was earlier IEM with Rashtriya Ispat Nigam Ltd (RINL), Vizag  and also Director of Malabar Cements & Kerala Minerals & Metals Ltd. (Govt of Kerala). Prior to this, he served Reliance Industries Limited as Advisor Corporate Affairs and Advisor and Consultant to L&T on Kochi Metro Project (KMRL). He had served Kerala Police Administration at various levels from 1980 to 2012. He is MSc. (Fibre Science & Technology) and has a  Post Graduate Diploma (Textile Technology) from the University of Leeds, UK.

Shri Venugopal K Nair - Director

Shri Venugopal K Nair is Director General of Police – Retired with vast experience in the field of Policing and Administration that included Law & order, Security, Vigilance. He also has exposure to Industry having worked as Managing Director of the Kerala State Civil Supplies Corporation and the State Shipping and Inland Navigation Corporation. His stint in Delhi as Director Vigilance in Steel Authority provided him with deep insight into Corporate Governance and Corporate Compliances with a better understanding of corporate malfeasance. At present, he is serving as an Independent External Monitor (IEM) with National Aluminium Corporation (NALCO), Bhubaneswar, NTPC Limited and ITI Bangalore (GOI). He was earlier IEM with Rashtriya Ispat Nigam Ltd (RINL), Vizag and also Director of Malabar Cements & Kerala Minerals & Metals Ltd. (Govt. of Kerala). Prior to this, he served Reliance Industries Limited as Advisor Corporate Affairs and Advisor and Consultant to L&T on Kochi Metro Project (KMRL). He had served Kerala Police Administration at various levels from 1980 to 2012. He is MSc. (Fibre Science & Technology) and has a Post Graduate Diploma (Textile Technology) from the University of Leeds, UK.
 

Shri Mukund Prasad – Director

Shri Mukund Prasad is B.Com (Hons.) from Sydenham College of Commerce & Economics (Mumbai) having expertise in New Hotel Projects and Hotel Operations. He plays a Key role in decision making for Operation and Expansion of Hotels in all the Hotels companies of the group including Leisure Hotels Limited. He has also been a Director of L.H. Sugar factories Limited and is a shareholder of the company. He played a key role in the management and decision making of LH Sugar Factories.

 

 

 Shri Debashis Gupta – Nominee Director

Shri Debashis Gupta is General Manager, IFCI Limited and has done MSc. Mathematics and Computer Applications and possesses more than 25 years of rich and diverse experience serving at various positions and departments of IFCI Limited.

 

 

 

 

 Shri Vijay Kumar Deshraj – Managing Director

Shri Vijay Kumar Deshraj is General Manager, IFCI Limited. Shri Deshraj is MSc (Physics), CAIIB, CeISB (Information System Banker) and possesses more than 30 years of rich and diverse experience serving at various positions in different departments of IFCI Limited.

 

 

 

 

 Shri Mr. Sachikanta Mishra – Nominee Director

Mr. Sachikanta Mishra is a post graduate in Mathematical Economics and is currently working as Chief General Manager in IFCI Ltd. Mr. Mishra has over 20 years of experience in various fields like Macro-modelling, Corporate Advisory, Risk Management, Project financing, corporate finance etc. He is currently holding a post of Chief Credit Officer of IFCI Ltd. Before holding charge as Chief Credit Officer he was in charge of Mumbai and Delhi Regional Office of IFCI Ltd.

 

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