IDFC FIRST Bank Risk Management & Asset Quality
Board of Directors
Section 12: Board of Directors
DR. JAIMINI BHAGWATI - NON-EXECUTIVE NON INDEPENDENT DIRECTOR
Dr. Jaimini Bhagwati is a former IFS officer, economist and foreign policy expert. He received his PhD in Finance from Tufts University, USA. He did his
Master's in Physics from St Stephen's College, Delhi and a Master's in Finance from the Massachusetts Institute of Technology, USA. He was the High
Commissioner to the UK and Ambassador to the European Union, Belgium and Luxembourg. Dr. Bhagwati has served in senior positions in the
Government of India, including in foreign affairs, finance and atomic energy. In his earlier role at the World Bank, he was a specialist in international
bond and derivatives markets and was the RBI chair professor at ICRIER. He is currently a Distinguished Fellow at a Delhi based think-tank called the
Centre for Social and Economic Progress (CSEP).
MR. VISHAL MAHADEVIA - NON-EXECUTIVE NON INDEPENDENT DIRECTOR
Mr. Vishal Mahadevia joined Warburg Pincus in 2006 and is Managing Director, Head of India and is a member of the firm's executive management
group. Previously, he was a Principal at Greenbriar Equity Group, a fund focused on private equity investments in the transportation sector. Prior to
that, Mr. Mahadevia worked at Three Cities Research, a New York-based PE fund, & as a consultant with McKinsey & Company. He received a B.S. in
economics with a concentration in finance & B.S. in electrical engineering from the University of Pennsylvania.
MS. MATANGI GOWRISHANKAR - INDEPENDENT DIRECTOR
Ms. Matangi Gowrishankar, a career business & human resources professional, has over four decades of experience in senior leadership roles in
business and HR, both in India and overseas. She is an experienced Independent Director and has worked with large multinational corporations, in
diverse sectors like Banking, IT, Financial services, Manufacturing, Sports & Fitness and Oil & Gas. As an Executive Coach, she had worked with a wide
range of top leadership individuals and teams across several career stages and is actively involved in coaching and mentoring senior leaders across
several organizations. She holds a BA in sociology and a post-graduate degree in Personnel Management and Industrial Relations from XLRI, Jamshedpur.
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