Corporate Governance

Arindam Ghosh is the Chairman and an Independent Director of our Company. He is a Chartered Accountant with over two decades of leadership experience in the financial services industry across India and the Asia-Pacific region, with expertise in asset management, wealth management, NBFCs, and fintech. Previously, he held senior leadership roles at Mirae Asset Global Investments, including as Director and Chief Executive Officer of its Indian mutual fund business, and at Fidelity Asia Pacific.

Tritala Subramanian Ramakrishnan is an Independent Director of our Company. He holds a Bachelor’s degree (B.Com. Hons.) a Post Graduate Diploma in Management, and is a Fellow of the Insurance Institute of India and holds a Diploma in Health Insurance. He has over three decades of experience in the financial services and insurance sector. He previously served as the Managing Director and Chief Executive Officer of LIC Mutual Fund, after holding the position of General Manager at LIC Housing Finance Limited

Dr. Nachiket Mor is an Independent Director of our Company. He holds a Bachelor of Science (BSc) from Bombay University, Maharashtra, and Master of Arts (MA) and Doctor of Philosophy (PhD) degrees from the University of Pennsylvania. He also holds a Post Graduate Diploma in Management (PGDM) from the Indian Institute of Management, Ahmedabad (IIMA). He worked with ICICI in various capacities from 1987 to 2007 and retired from its Board as its Deputy Managing Director. From 2013 to 2018, he served, among others, as a member of the Central Board of the Reserve Bank of India (RBI), the Eastern Regional Board of the RBI, and the Board of Directors of the National Bank for Agriculture and Rural Development (NABARD). From 2015 to 2019, he served as the India Country Director of the Bill & Melinda Gates Foundation (BMGF). He is a Visiting Scientist at the Banyan Academy of Leadership in Mental Health and a Visiting Professor at the Indian School of Business. He serves on the Boards of, among others, Narayana Hrudayalaya, Dr Agarwal’s Healthcare, and Sukoon Health.

Rituparna Chakraborty is an Independent Director of our Company. She holds a Bachelor’s degree in economics from Banaras Hindu University, a Master’s degree from Goa Institute of Management and has completed the Advanced Management Programme from Columbia Business School. She has also completed the ISB EY Executive Programme on Board Effectiveness. She has over 23 years of experience in business services, leadership, entrepreneurship and organisational development. She was previously associated with TeamLease Services as its Chief Executive Officer and Co-Founder and helped build the company and take it to its initial public offering as India’s first listed business services company. She is currently associated with True Search as Partner, Regional Lead, India since July 2025.

Rajiv Naresh is the Non – Executive Director of our Company. He holds a Bachelor of Laws (LL.B.) from University College London and a Bachelor of Arts (English Honours) from St. Stephen’s College, Delhi University. Rajiv has been part of the Navi Group since 2019 and occupied multiple roles across the group. Currently, he is the Managing Director and CEO of Navi Limited. Previously, he served as the Managing Director and Chief Executive Officer of Navi AMC Limited from March 1, 2023 till February 13, 2025. Prior to joining Navi, Rajiv was a corporate lawyer at MD&T Partners, a full- service law firm based in Bengaluru. In this capacity, Rajiv advised companies in India and abroad on PE/VC/M&A transactions, TMT (technology, media, and telecommunications), and general corporate matters. He represented market-leading clients in multimillion-dollar transactions and worked closely with leading startups in the health-tech, fintech, e-commerce, and ed-tech sectors.

Mr. Ankit Agarwal is the Non – Executive Director of our Company. He holds a Bachelor’s Degree in Computer Science and Engineering from Indian Institute of Technology, Delhi and a Master’s Degree in Management from Indian Institute of Management, Ahmedabad. Currently, he is the Executive Director and Chief Financial Officer of Navi Limited. He was previously associated with Bank of America as a director in global banking and markets. He was also associated with Deutsche Bank AG as their Vice President.

Mr. Aditya Mulki is the Whole-time Director and Chief Executive Officer of our Company. He holds a Bachelor’s Degree in Commerce (Hons.) from the University of Mumbai and is a CFA Charterholder from the CFA Institute, USA. He has over a decade of experience in equity research and fund management, with expertise in mid-cap equities, emerging markets and value investing. Prior to his appointment as Chief Executive Officer, he served as Head of Investments of our Company. He was previously associated with Quantum Advisors India.

Dr. Mohd Yousuf Khan is the Chairman and Independent Director of Navi Trustee Limited. He holds a Bachelor’s degree in Science from the University of Kashmir and a Ph.D. in Business Management from Burkes University, United Kingdom. Previously, he has held senior leadership roles including Chairman of J&K Bank, Managing Director of J&K Agro Industries Development Corporation, and Managing Director of J&K Tourism Development Corporation.

Arun Vikram Goel is an Independent Director of Navi Trustee Limited. He holds a Bachelor’s degree in Civil Engineering (Bachelor of Technology) from the Indian Institute of Technology Kanpur (IIT Kanpur). He previously served as Chief Executive Officer of LICHFL Asset Management Company Private Limited and has spent over two decades leading profit centres, including 14 years in Managing Director and Chief Executive Officer roles. He has experience in establishing new business verticals, start-ups, and negotiating joint ventures with international and domestic partners.

Sreedevi Pillai is an Independent Director of Navi Trustee Limited. She holds a Master’s degree in Mathematics from St. Stephen’s College, University of Delhi and is a certified Financial Risk Manager (FRM) as well as a Sustainability and Climate Risk (SCR) certified professional from GARP, USA. She retired as Chief General Manager – Risk Management at the State Bank of India, where she began her career in 1987 as a Probationary Officer and held several leadership roles across retail banking, credit, and risk functions.

Ms. Sugandha Ghai is an Associate Director of Navi Trustee Limited. She holds a Postgraduate Degree in Insurance from Amity University, Noida. She has previously held leadership roles at Navi, including Head of Operations of Navi Finserv Limited, Head of Collections and Head of Customer Experience, where she contributed to operational excellence and customer retention initiatives. Prior to joining Navi, she served as Head of Retail Operations at Tata AIG, where she led branch operations and customer experience–focused strategic initiatives. She brings strong expertise in operations management, process optimisation, and organisational transformation.