{"id":1962,"date":"2025-07-09T03:21:30","date_gmt":"2025-07-09T03:21:30","guid":{"rendered":"https:\/\/www.irbinfratrust.co.in\/home\/?page_id=1962"},"modified":"2026-04-01T09:08:54","modified_gmt":"2026-04-01T09:08:54","slug":"board-of-directors-investment-manager","status":"publish","type":"page","link":"https:\/\/www.irbinfratrust.co.in\/home\/index.php\/board-of-directors-investment-manager\/","title":{"rendered":"Board of Directors (Investment Manager)"},"content":{"rendered":"<p>[vc_row equal_height=&#8221;yes&#8221; bg_type=&#8221;image&#8221; parallax_style=&#8221;vcpb-default&#8221; bg_image_repeat=&#8221;no-repeat&#8221; bg_img_attach=&#8221;fixed&#8221; bg_override=&#8221;full&#8221; animation_type=&#8221;h&#8221; horizontal_animation=&#8221;left-animation&#8221; vertical_animation=&#8221;top-animation&#8221; disable_on_mobile=&#8221;disable_on_mobile_value&#8221; css=&#8221;.vc_custom_1495627359573{padding-bottom: 5px !important;}&#8221; el_class=&#8221;equal-height-columns&#8221;][vc_column css_animation=&#8221;rollIn&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1489040448472{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #f5fafa !important;}&#8221;][vc_single_image image=&#8221;1975&#8243; img_size=&#8221;150*175&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;]<div id=\"ultimate-heading-36256adc66cebe104\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-36256adc66cebe104 uvc-3361 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-36256adc66cebe104 h2'  data-responsive-json-new='{\"font-size\":\"desktop:18px;\",\"line-height\":\"\"}' ><h2 style=\"font-family:'Roboto';font-weight:500;color:#565656;\">Mr. Virendra D. Mhaiskar<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-36256adc66cebe104 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\">Chairman &#038; Non-Independent Director<\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div><div id=\"ultimate-heading-96436adc66cebe13f\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-96436adc66cebe13f uvc-6067 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-96436adc66cebe13f .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\"><\/p>\n<p style=\"text-align: justify;\"><span class=\"maincontent\">Mr. Virendra D. Mhaiskar, is a Chairman &#038; Non-Independent Director of the Investment Manager. He holds a Diploma in Civil Engineering from Shriram Polytechnic, Navi Mumbai. Mr. Mhaiskar has over 30 years of experience in the construction and infrastructure industry. He joined the IRB group in June 1990 and is responsible for leading and directing the IRB group\u2019s strategy in BOT and funded projects.<\/span><\/p>\n<p style=\"text-align: left;\">Date of appointment: 26\/02\/2020<\/p>\n<p><\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div>[\/vc_column][vc_column css_animation=&#8221;rollIn&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1495630184450{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #ebecee !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_single_image image=&#8221;2311&#8243; img_size=&#8221;150*175&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;]<div id=\"ultimate-heading-49186adc66cebe15c\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-49186adc66cebe15c uvc-8525 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-49186adc66cebe15c h2'  data-responsive-json-new='{\"font-size\":\"desktop:18px;\",\"line-height\":\"\"}' ><h2 style=\"font-family:'Roboto';font-weight:500;color:#000000;\">Mr. Nitish Hemdani<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-49186adc66cebe15c .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#000000;margin-top:13px;\">Non-Independent Director<\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#000000;width:60px;\"><\/span><\/div><\/div><div id=\"ultimate-heading-57076adc66cebe173\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-57076adc66cebe173 uvc-2739 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-57076adc66cebe173 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#000000;margin-top:13px;\"><\/p>\n<p style=\"text-align: justify;\">Mr. Nitish Hemdani is a Senior Vice Present in the Infrastructure Team at GIC, Singapore. He joined GIC&#8217;s London office in 2016 covering European infrastructure market before relocating to Singapore in 2021 to cover Asia. Prior to joining GIC, Nitish was working at HSBC&#8217;s Capital Goods Advisory team, where he was responsible for origination and execution of M&#038;A and capital markets transactions. Nitish holds a Bachelor of Arts degree with distinction in Economics from Colby College, USA.<\/p>\n<p style=\"text-align: left;\">Date of appointment: 01\/04\/2026<\/p>\n<p><\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#000000;width:60px;\"><\/span><\/div><\/div>[\/vc_column][vc_column css_animation=&#8221;rollIn&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1489040932203{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #f5fafa !important;}&#8221;][vc_single_image image=&#8221;1968&#8243; img_size=&#8221;130*180&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;]<div id=\"ultimate-heading-13056adc66cebe195\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-13056adc66cebe195 uvc-7340 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-13056adc66cebe195 h2'  data-responsive-json-new='{\"font-size\":\"desktop:18px;\",\"line-height\":\"\"}' ><h2 style=\"font-family:'Roboto';font-weight:500;color:#565656;\">Mr. Aryan Mhaiskar<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-13056adc66cebe195 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\">Non-Independent Director<\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div><div id=\"ultimate-heading-78776adc66cebe1a8\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-78776adc66cebe1a8 uvc-1038 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-78776adc66cebe1a8 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\"><\/p>\n<p style=\"text-align: justify;\">Mr. Aryan Mhaiskar is a Non-Independent Director of the Investment Manager. He holds a bachelor\u2019s degree of science in economics and finance. He is associated with Avener Capital as a senior analyst. He was a management intern with IRB Infrastructure Developers Limited. Presently, he is associated with ADVent Partners LLP as a designated partner. He is a FIDE-rated international chess player and provides chess coaching to underprivileged children. He is also involved in animal welfare initiatives.<\/p>\n<p style=\"text-align: left;\">Date of appointment: 31\/05\/2023<\/p>\n<p><\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div>[\/vc_column][vc_column css_animation=&#8221;rollIn&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1495630194142{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #ebecee !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_single_image image=&#8221;1974&#8243; img_size=&#8221;150*190&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;]<div id=\"ultimate-heading-97786adc66cebe1bb\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-97786adc66cebe1bb uvc-5339 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-97786adc66cebe1bb h2'  data-responsive-json-new='{\"font-size\":\"desktop:18px;\",\"line-height\":\"\"}' ><h2 style=\"font-family:'Roboto';font-weight:500;color:#565656;\">Mr. Victor Carretero Arbona<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-97786adc66cebe1bb .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\">Non-Independent Director<\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div><div id=\"ultimate-heading-48286adc66cebe1ce\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-48286adc66cebe1ce uvc-7491 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-48286adc66cebe1ce .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\"><\/p>\n<p style=\"text-align: justify;\">Mr. V\u00edctor Carretero is a Non-Independent Director of the Investment Manager. He is currently the Head of Business Development \u2013 Global M&#038;A at Cintra. With more than 12 years of experience in the infrastructure investment industry, V\u00edctor has closed about 16 transactions worth more than 2 bn$ across multiple sectors (transport, renewable energy and water). He joined Cintra in 2015 and has since occupied different positions such as Project Manager, Project Manager (USA) and Asset Management Director India. Prior to Cintra, V\u00edctor worked in Ferrovial Agroman and Element Power. V\u00edctor holds a double degree in Business Administration and Law from Universidad Aut\u00f3noma de Madrid and an MBA from IESE Business School.<\/p>\n<p style=\"text-align: left;\">Date of appointment: 30\/10\/2024<\/p>\n<p><\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div>[\/vc_column][\/vc_row][vc_row equal_height=&#8221;yes&#8221; bg_type=&#8221;image&#8221; parallax_style=&#8221;vcpb-default&#8221; bg_image_repeat=&#8221;no-repeat&#8221; bg_img_attach=&#8221;fixed&#8221; bg_override=&#8221;full&#8221; animation_type=&#8221;h&#8221; horizontal_animation=&#8221;left-animation&#8221; vertical_animation=&#8221;top-animation&#8221; disable_on_mobile=&#8221;disable_on_mobile_value&#8221; css=&#8221;.vc_custom_1488885669478{padding-bottom: 60px !important;}&#8221; el_class=&#8221;equal-height-columns&#8221;][vc_column css_animation=&#8221;flipInY&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1489041349301{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #f5fafa !important;}&#8221;][vc_single_image image=&#8221;1970&#8243; img_size=&#8221;150*175&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;]<div id=\"ultimate-heading-73606adc66cebe1e1\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-73606adc66cebe1e1 uvc-2590 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-73606adc66cebe1e1 h2'  data-responsive-json-new='{\"font-size\":\"desktop:18px;\",\"line-height\":\"\"}' ><h2 style=\"font-family:'Roboto';font-weight:500;color:#565656;\">Mr. K G Krishnamurthy<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-73606adc66cebe1e1 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\">Independent Director<\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div><div id=\"ultimate-heading-47786adc66cebe1f3\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-47786adc66cebe1f3 uvc-6934 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-47786adc66cebe1f3 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\"><\/p>\n<p style=\"text-align: justify;\">Mr. K G Krishnamurthy is an Independent Director of the Investment Manager &amp; Chairman of Audit Committee. He was the Managing Director and CEO of HDFC Property Ventures Limited. He holds a degree in Bachelor of Architecture from Indian Institute of Technology Kharagpur. He was associated with Housing Development Finance Corporation (\u201c<strong>HDFC<\/strong>\u201d) for more than two decades and held various leadership positions during his tenure with HDFC. He was also deputed to HDFC Venture Capital Limited (a subsidiary of HDFC) as Managing Director and CEO in the year 2005.<\/p>\n<p style=\"text-align: left;\">Date of appointment: 26\/02\/2020<\/p>\n<p><\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div>[\/vc_column][vc_column css_animation=&#8221;flipInY&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1495630237997{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #ebecee !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_single_image image=&#8221;1973&#8243; img_size=&#8221;150*175&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;]<div id=\"ultimate-heading-15926adc66cebe205\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-15926adc66cebe205 uvc-6392 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-15926adc66cebe205 h2'  data-responsive-json-new='{\"font-size\":\"desktop:18px;\",\"line-height\":\"\"}' ><h2 style=\"font-family:'Roboto';font-weight:500;color:#000000;\">Mrs. Ranjana Paranjape<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-15926adc66cebe205 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#000000;margin-top:13px;\">Independent Director<\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#000000;width:60px;\"><\/span><\/div><\/div><div id=\"ultimate-heading-35196adc66cebe218\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-35196adc66cebe218 uvc-7070 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-35196adc66cebe218 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#000000;margin-top:13px;\"><\/p>\n<p style=\"text-align: justify;\">Mrs. Ranjana Paranjape is an Independent Director of the Investment Manager. She holds Master\u2019s Degree in Commerce, Diploma in Financial Management and CAIIB. She held various leadership positions during her tenure with IDBI Bank and retired as Chief General Manager. She has diversified experience of more than 38 years in the entire spectrum of Corporate Banking (Infrastructure, Large Corporate, Mid-corporate, MSME Financing\/ NPA Management and Credit Risk).<\/p>\n<p style=\"text-align: left;\">Date of appointment: 26\/02\/2020<\/p>\n<p><\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#000000;width:60px;\"><\/span><\/div><\/div>[\/vc_column][vc_column css_animation=&#8221;flipInY&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1495630245615{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #ebecee !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_single_image image=&#8221;1971&#8243; img_size=&#8221;150*175&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;]<div id=\"ultimate-heading-23506adc66cebe22a\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-23506adc66cebe22a uvc-4251 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-23506adc66cebe22a h2'  data-responsive-json-new='{\"font-size\":\"desktop:18px;\",\"line-height\":\"\"}' ><h2 style=\"font-family:'Roboto';font-weight:500;color:#565656;\">Mr. Nagendraa Parekh<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-23506adc66cebe22a .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\">Independent Director<\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div><div id=\"ultimate-heading-95106adc66cebe23c\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-95106adc66cebe23c uvc-6226 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-95106adc66cebe23c .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#565656;margin-top:13px;\"><\/p>\n<p style=\"text-align: justify;\">Mr. Nagendraa Parekh is an Independent Director of the Investment Manager. He is a rank holder Chartered Accountant and Company Secretary by professional qualification having more than 36 years of varied experiences. He retired as an executive director of the SEBI in October 2022. He played a key role in in development and regulation of securities and commodities markets. He was instrumental in introduction of equity derivatives markets, T+2 Rolling settlements and derivatives risk management system. He was exposed to many other departments including regulation of intermediaries like brokers, depository participants, credit ratings agencies, debenture trustees etc, and also worked extensively for Investor education and protection. He was also instrumental in introduction of pledge-repledge system to deposit client\u2019s margin in form of securities and resolution of defaults by Brokers. He was appointed as a Member of the Forward Market Commission during July 2012 to September 2015. He has also represented SEBI on various committees, international forums and on councils of exchanges and clearing corporations.<\/p>\n<p style=\"text-align: left;\">Date of appointment: 31\/05\/2023<\/p>\n<p><\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#565656;width:60px;\"><\/span><\/div><\/div>[\/vc_column][vc_column css_animation=&#8221;flipInY&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1489041360287{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #f5fafa !important;}&#8221;][vc_single_image image=&#8221;1972&#8243; img_size=&#8221;150*175&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;]<div id=\"ultimate-heading-28226adc66cebe24f\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-28226adc66cebe24f uvc-3775 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-main-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-28226adc66cebe24f h2'  data-responsive-json-new='{\"font-size\":\"desktop:18px;\",\"line-height\":\"\"}' ><h2 style=\"font-family:'Roboto';font-weight:500;color:#000000;\">Ms. Rajni Sekhri Sibal<\/h2><\/div><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-28226adc66cebe24f .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#000000;margin-top:13px;\">Independent Director<\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#000000;width:60px;\"><\/span><\/div><\/div><div id=\"ultimate-heading-98166adc66cebe261\" class=\"uvc-heading ult-adjust-bottom-margin ultimate-heading-98166adc66cebe261 uvc-45 \" data-hspacer=\"line_only\"  data-halign=\"right\" style=\"text-align:right\"><div class=\"uvc-sub-heading ult-responsive\"  data-ultimate-target='.uvc-heading.ultimate-heading-98166adc66cebe261 .uvc-sub-heading '  data-responsive-json-new='{\"font-size\":\"desktop:13px;\",\"line-height\":\"desktop:21px;\"}'  style=\"font-weight:normal;color:#000000;margin-top:13px;\"><\/p>\n<p style=\"text-align: justify;\">Ms. Rajni Sekhri Sibal is an Independent Director of the Investment Manager. She is a retired Indian Administrative Service Government Officer of the Haryana Cadre and the first lady to top the Civil Services Examination in 1986. During her tenure she held various roles in State Government of Haryana and Government of India like Secretary to the Ministry of Fisheries, Secretary Ministry of Fisheries, Additional Secretary Ministry of Home Affairs, Ministry of Entrepreneurship and Skill Development, Additional Chief Secretary to Government of Haryana and Deputy Director at Lal Bahadur Shastri National Academy of Administration. She has received Indian of the Year award (2012-2013) and has authored several articles and books.<\/p>\n<p style=\"text-align: left;\">Date of appointment: 30\/10\/2024<\/p>\n<p><\/div><div class=\"uvc-heading-spacer line_only\" style=\"margin-top:20px;height:1px;\"><span class=\"uvc-headings-line\" style=\"border-style:solid;border-bottom-width:1px;border-color:#000000;width:60px;\"><\/span><\/div><\/div>[\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row equal_height=&#8221;yes&#8221; bg_type=&#8221;image&#8221; parallax_style=&#8221;vcpb-default&#8221; bg_image_repeat=&#8221;no-repeat&#8221; bg_img_attach=&#8221;fixed&#8221; bg_override=&#8221;full&#8221; animation_type=&#8221;h&#8221; horizontal_animation=&#8221;left-animation&#8221; vertical_animation=&#8221;top-animation&#8221; disable_on_mobile=&#8221;disable_on_mobile_value&#8221; css=&#8221;.vc_custom_1495627359573{padding-bottom: 5px !important;}&#8221; el_class=&#8221;equal-height-columns&#8221;][vc_column css_animation=&#8221;rollIn&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1489040448472{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #f5fafa !important;}&#8221;][vc_single_image image=&#8221;1975&#8243; img_size=&#8221;150*175&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;][\/vc_column][vc_column css_animation=&#8221;rollIn&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1495630184450{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #ebecee !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;}&#8221;][vc_single_image image=&#8221;2311&#8243; img_size=&#8221;150*175&#8243; alignment=&#8221;center&#8221; style=&#8221;vc_box_shadow_3d&#8221;][\/vc_column][vc_column css_animation=&#8221;rollIn&#8221; width=&#8221;1\/4&#8243; css=&#8221;.vc_custom_1489040932203{padding-top: 40px !important;padding-bottom: 41px !important;background-color: #f5fafa [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-1962","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.irbinfratrust.co.in\/home\/index.php\/wp-json\/wp\/v2\/pages\/1962"}],"collection":[{"href":"https:\/\/www.irbinfratrust.co.in\/home\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.irbinfratrust.co.in\/home\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.irbinfratrust.co.in\/home\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irbinfratrust.co.in\/home\/index.php\/wp-json\/wp\/v2\/comments?post=1962"}],"version-history":[{"count":0,"href":"https:\/\/www.irbinfratrust.co.in\/home\/index.php\/wp-json\/wp\/v2\/pages\/1962\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.irbinfratrust.co.in\/home\/index.php\/wp-json\/wp\/v2\/media?parent=1962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}