Trust Through Oversight

Mr. A. Balasubramanian is the Non-Executive Director of the Company.
Mr. Balasubramanian is the Managing Director & CEO of Aditya Birla Sun Life AMC Limited (ABSLAMC). A stalwart of the mutual fund industry, he brings with him over three decades of rich experience. He has been associated with ABSLAMC since 1994. Prior to assuming the role of CEO of ABSLAMC in 2009, Mr. Balasubramanian served as the Chief Investment Officer from 2006 to 2009. As the Managing Director & CEO of ABSLAMC, Mr. Balasubramanian oversees Assets over ₹4 Lakh Crore including Alternate Business of ABSLAMC. Before joining ABSLAMC in the year 1994, he worked with GIC Mutual Fund, Can Bank Financial Services and Pandit & Co. between 1989 and 1994.

Mr. Balasubramanian is closely associated with key industry bodies. He has been on the Board of Association of Mutual Funds in India (AMFI) since 2009 and was the Vice Chairman of AMFI in 2015-2016. He has served as the Chairman of AMFI for two terms, from 2016-2018, and was reappointed for the period 2021-2023. He has been the Governor on Board of Governors at the National Institute of Securities Markets (NISM), an institute affiliated with SEBI from 2018 to 2024. Mr. Balasubramanian is the Chairman of the AMFI Equity CIOs’ Committee and a Member of the Fund Management Advisory Committee of the International Financial Services Centres Authority (IFSCA).

Mr. Balasubramanian was awarded CEO of the Year title by Asia Asset Management in 2018 and 2020. He has been awarded the Chairman’s Individual Award by the Aditya Birla Group for being an Outstanding Leader in 2015 and for being a Leader of Leaders in 2018. He is also involved with philanthropic work through various charitable organisations.

Mr. Balasubramanian has completed Advanced Management Programs from IIM, Bangalore and Harvard Business School. He also holds a Bachelor’s degree in Science (Mathematics) and a Master’s degree in Business Administration from the GlobalNxt University.

Mrs. Pinky Mehta is the Non-Executive Director of the Company. She is the Chief Financial Officer at Aditya Birla Capital Limited (ABCL). A qualified chartered accountant with over three decades of diversified experience, Mrs. Mehta joined the Aditya Birla Group in 1991 as its first woman officer. In her current role at ABCL, Mrs. Mehta is responsible for Finance, Accounts, Banking, Secretarial, Taxation, MIS, Mergers, Restructuring, Acquisitions and Fund Raising, as well as the ongoing development and monitoring of control systems and reporting of financial performance.

Prior to joining ABCL, she served as the Chief Financial Officer at Aditya Birla Nuvo Ltd. She played critical roles in driving the demerger of Madura Garments to Pantaloons Fashion & Retail Limited; merger of Aditya Birla Nuvo Ltd., with Grasim; followed by the subsequent listing of Aditya Birla Capital Limited. Over the years, her contribution in the areas of demergers, mergers and acquisitions for the Aditya Birla Group companies has been significant. She was also involved in the demerger of the cement business, the joint venture with the Sun Life Group for the life insurance business and acquisitions of Madura Garments, Transworks Information Services Limited, Minacs Worldwide Inc., and Apollo Sindhoori Capital Investments Limited. She also served as the President of the Bombay Chamber of Commerce & Industry for FY 2024-25. Mrs. Mehta is a distinguished woman leader within the Aditya Birla Group, recognized for her exemplary achievements.

Mrs. Mehta is an alumnus of the London Business School’s Chief Financial Officer Programme.

Mr. N. K. Prasad is an Independent Director of the Company. He is an accomplished business leader with over three decades of experience across financial services, general management and client relationship management. He began his career with Ponds (India) Ltd. in 1983, which later became part of the Hindustan Unilever Group, where he held several senior management roles in supply chain management and exports. As Business Manager - Exports, he was responsible for export market development, customer acquisition, delivery excellence, business growth, and profitability across markets in the USA and Europe.

In 2002, Mr. Prasad joined Computer Age Management Services (CAMS), India’s largest SEBI-licensed Mutual Fund Registrar and Transfer Agent. He served in senior leadership roles including Executive Director and Chief Operating Officer and led the organization as Chief Executive Officer from 2010 to 2018. As CEO, he spearheaded CAMS’ diversification initiatives across multiple regulatory domains by establishing subsidiaries to serve as an Insurance Repository, KYC Registration Agency under SEBI, service provider under PFRDA, and Account Aggregator under RBI. During his tenure with CAMS, he worked closely with Association of Mutual Funds in India (AMFI) and SEBI in implementing several regulatory and industry initiatives to grow Mutual Funds market in India including CII/ICC/Assocham events of MF industry.

Mr. Prasad holds a Post Graduate Diploma in Management (PGDM) from the Indian Institute of Management, Calcutta, and a Bachelor of Technology (Mechanical Engineering) from the Institute of Technology, Banaras Hindu University.

Mr. T. Venkatesan is an Independent Director of the Company. He is a seasoned finance professional with over 40 years of experience in financial markets across government, public, and private sector institutions. He has led one of India’s largest treasuries and served as Global Treasury Head of Tata Consultancy Services, where he advised the Board and senior management on currency hedging, investment strategies, and risk optimization.
He brings deep expertise across General Banking, Credit, Treasury Management, and process automation, and has been responsible for formulating investment strategies focused on achieving higher yields with minimal risk.

A pioneer in treasury automation and market practices, Mr. Venkatesan was the first among Indian corporates to implement SWIFT applications for paperless confirmation and settlement processes. He also led India’s first implementation of IFRS 9, successfully eliminating excess noise during adoption, and played a pivotal role during the amendment phase when MTM was bifurcated into time value and intrinsic value to mitigate balance sheet volatility.

He is the Founding Vice-Chair of the India Forex Committee, established to implement the Global Code of Conduct in India. He currently serves as Professor of Practice at the College of Agricultural Engineering, TNAU, Coimbatore and is a Founding Director of SYFX Treasury Foundation and has been a visiting faculty at premier banking and management institutions.

Mr. Venkatesan holds a Master’s degree in Financial Management from Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai, and a Bachelor of Engineering (Agriculture) from the College of Agricultural Engineering, Tamil Nadu Agricultural University, Coimbatore. He is also a Certified Associate of the Indian Institute of Bankers (CAIIB).