ABOUT US
OUR LEADERSHIP
Rashesh Shah
Chairman
Rashesh Shah, Chairman, Edelweiss Group, has three decades of diverse experience in the financial markets and has been instrumental in building Edelweiss into one of India’s leading diversified financial services organisations.
Rashesh is passionate about financial services and the role it plays in translating India's vast savings into investments; thereby powering economic growth and development. A regular commentator on macro-economic policies, Rashesh has served as President of FICCI, which is India's apex industry association, in 2017-18.
He has also been a part of the High Level Task Force on Public Credit Registry for India, the Insolvency Law Committee, Executive Committee of the National Stock Exchange as well as the committee to review Insider Trading Regulations set up by SEBI – the country's capital markets regulator.
An MBA from Indian Institute of Management, Ahmedabad, he also holds a Diploma in International Trade from the Indian Institute of Foreign Trade, New Delhi.
Venkatchalam Ramaswamy
Vice Chairman
Venkat has nearly three decades of experience in the financial markets and has been one of the driving forces in transforming what was once India’s first new age boutique investment bank to a leading diversified financial services company.
Amongst his responsibilities, he also Heads Edelweiss’s Asset Management Business. Venkat has been instrumental in building a client-need focused solutions approach in Edelweiss Asset Reconstruction Company.
Using his skills at building and maintaining large institutional relationships, including International Pension Funds and Insurance companies, the Alternative Asset Management business has become among the largest in India.
An MBA from the University of Pittsburgh, USA, he also holds a Bachelor’s Degree in Electronics Engineering.
Himanshu Kaji
Executive Director
Himanshu Kaji has over three decades of diverse experience in the areas of business strategy, risk, finance, regulatory frameworks, process re-engineering, technology, strategy and implementation across the financial services space.
At Edelweiss Group, he oversees Global Risk, Assurance, Finance, Governance, Legal and Administration. A Co-Chair on the FICCI Capital Markets committee, he is also on the Trading Member Advisory Committee of the NSE, a member of the CII National Forum on NBFCs and HFCs and a member of the CII National Committee on Financial Markets.
In the past, he has been a member of the Secondary Market Advisory Committee of SEBI. He has also served on the Board of the Bombay Stock Exchange (BSE) and played a key role in the overhaul of the Exchange, contributing largely to the demutualisation and corporatisation of BSE. He has been a Corporate Advisor to eminent Indian and global financial services companies.
A Chartered Accountant, he holds a Post-Graduate Diploma in Securities Law.
Vidya Shah
Non-Executive, Non-Independent Director & Chairperson, Edelweiss ESG Council
Vidya Shah is the Chairperson and CEO of EdelGive Foundation, an organisation set up by Edelweiss Group, with the aim of funding and building the capacities of India’s not-for-profit sector.
With over three decades of rich industry experience, she has established EdelGive as a platform for strategic philanthropy. Under her stewardship, EdelGive has been instrumental in growing over 150 organisations, scaling their budgets, impact and reach exponentially.
She also serves on the board of various prominent Civil Society Organisations such as Agastya International Foundation, Janaagraha Centre for Citizenship and Democracy, Centre for Social Impact and Philanthropy at Ashoka University, Mann Deshi Foundation and the Indian School of Public Policy.
She spent the first 11 years of her career in the field of investment banking with companies like ICICI, Peregrine and NM Rothschild.
Vidya holds an MBA degree from the Indian Institute of Management, Ahmedabad.
Biswamohan Mahapatra
Independent Director
Biswamohan Mahapatra’s career spans over three decades. He retired as Executive Director of the Reserve Bank of India (RBI) in August 2014. At RBI, he was in charge of banking regulation, policy and supervision. Post retirement, he was an Advisor to RBI on the new bank licensing process. He has represented RBI at various national and international forums and chaired several RBI Committees.
He was also the Member-Secretary to the Committee set up to introduce a financial holding company structure in India and was also involved in the formulation of Basel II and Basel III regulations. He also serves as an Independent Director on the Boards of various companies. Recently, he was appointed as the Non-Executive Chairman of the National Payments Corporation of India.
He holds a Master of Science in Management (MSM) Degree from the Arthur D. Little Management Education Institute, Cambridge and an MBA from University of Delhi.
Ashok Kini
Independent Director
Ashok Kini has over four decades of experience in the financial services industry. He joined State Bank of India as Probationary Officer in 1967 and retired as the Managing Director in 2005. In addition to the Edelweiss Financial Services Limited Board, Ashok is on the Board of Edelweiss Asset Reconstruction Company Limited (a subsidiary of the Company), since November 2011.
He has, throughout his career, held important board-level positions across numerous corporates in India Inc., namely IndusInd Bank Limited, SBI Capital Markets Limited, UTI Trustee Company Pvt. Ltd. and Gulf Oil Lubricants India Limited, to name a few.
He was appointed by the Government of India as Managing Director – National Banking, Chairman of a Regional Rural Bank, Chief Dealer in the Offshore Banking Unit in Bahrain, among others. He also served as an Advisor to the Thorat Committee on Financial Inclusion at the Reserve Bank of India.
He holds a Bachelor’s Degree in Science from Mysore University and a Master’s Degree in English Literature from Madras Christian College, Chennai.
Dr. Ashima Goyal
Independent Director
Dr. Ashima Goyal has over three decades of experience. She is a Professor at the Indira Gandhi Institute of Development Research, a part-time member of Economic Advisory Council to the Prime Minister and also serves as an Independent Director at IDBI Bank.
She is a specialist in the areas of open economy macroeconomics, international finance, institutional economics and development economics. She has been a visiting fellow at the Economic Growth Centre, Yale University, USA and a Fulbright Senior Research Fellow at Claremont Graduate University, USA.
She has an M. Phil., MA and BA in Economics from the University of Delhi and holds a PhD in Economics from University of Mumbai.
Shiva Kumar
Independent Director
Shiva Kumar has served at State Bank of Bikaner & Jaipur (now merged with the State Bank of India) as Managing Director. At State Bank of India, he was Deputy Managing Director and has held various positions. He was also the Project Leader for the business process re-engineering project for complete transformation of the largest Bank in India in collaboration with McKinsey & Company. He was a part of their credit card project and had set up metal gold business for the Bank. He was also a representative of Associate Banks on the Managing Committee of Indian Banks’ Association. In 2013, he received the ‘Business Leadership Award’, from the Institute of Public Enterprises.
He holds a Bachelor of Arts degree from Patna University and is an associate member of the Indian Institute of Bankers.
Rashesh Shah
Chairman - Edelweiss Group
Rashesh Shah, Chairman, Edelweiss Group, has three decades of diverse experience in the financial markets and has been instrumental in building Edelweiss into one of India’s leading diversified financial services organisations.
Rashesh is passionate about financial services and the role it plays in translating India's vast savings into investments; thereby powering economic growth and development. A regular commentator on macro-economic policies, Rashesh has served as President of FICCI, which is India's apex industry association, in 2017-18.
He has also been a part of the High Level Task Force on Public Credit Registry for India, the Insolvency Law Committee, Executive Committee of the National Stock Exchange as well as the committee to review Insider Trading Regulations set up by SEBI – the country's capital markets regulator.
An MBA from Indian Institute of Management, Ahmedabad, he also holds a Diploma in International Trade from the Indian Institute of Foreign Trade, New Delhi.
Venkatchalam Ramaswamy
Vice Chairman - Edelweiss Group
Venkat has nearly three decades of experience in the financial markets and has been one of the driving forces in transforming what was once India’s first new age boutique investment bank to a leading diversified financial services company.
Amongst his responsibilities, he also Heads Edelweiss’s Asset Management Business. Venkat has been instrumental in building a client-need focused solutions approach in Edelweiss Asset Reconstruction Company.
Using his skills at building and maintaining large institutional relationships, including International Pension Funds and Insurance companies, the Alternative Asset Management business has become among the largest in India.
An MBA from the University of Pittsburgh, USA, he also holds a Bachelor’s Degree in Electronics Engineering.
Himanshu Kaji
Executive Director - Edelweiss Group
Himanshu Kaji has over three decades of diverse experience in the areas of business strategy, risk, finance, regulatory frameworks, process re-engineering, technology, strategy and implementation across the financial services space.
At Edelweiss Group, he oversees Global Risk, Assurance, Finance, Governance, Legal and Administration. A Co-Chair on the FICCI Capital Markets committee, he is also on the Trading Member Advisory Committee of the NSE, a member of the CII National Forum on NBFCs and HFCs and a member of the CII National Committee on Financial Markets.
In the past, he has been a member of the Secondary Market Advisory Committee of SEBI. He has also served on the Board of the Bombay Stock Exchange (BSE) and played a key role in the overhaul of the Exchange, contributing largely to the demutualisation and corporatisation of BSE. He has been a Corporate Advisor to eminent Indian and global financial services companies.
A Chartered Accountant, he holds a Post-Graduate Diploma in Securities Law.
Rujan Panjwani
Head - Insurance Business, Edelweiss Group
Rujan Panjwani has over three decades of multifaceted domain expertise in the financial sector spanning across capital markets, asset management, insurance and others.
Having spent the last 2 decades with Edelweiss, he has played a key role in setting up several flagship businesses. Today, apart from overseeing the Corporate Treasury and related functions, he is in charge of the Insurance businesses within the Group – Edelweiss Tokio Life Insurance and Edelweiss General Insurance, where besides being on their respective boards, he has strategic oversight of key business decisions and development of new business models.
Additionally, he has helmed multiple functions across the Group such as Human Resources and Leadership development. He continues to play a fundamental role in several key initiatives including strategy, business development and incubation of new businesses.
Rujan holds a Bachelor’s degree in Electrical Engineering from the Manipal Institute of Technology.
Deepak Mittal
CEO - Credit, Edelweiss Group
Deepak Mittal has around two decades of experience in the financial services arena. He heads the Credit business of the Group.
Deepak has played several key roles at Edelweiss, his most recent as CEO of Edelweiss Tokio Life Insurance, a joint venture between the Edelweiss Group and Tokio Marine Holdings of Japan.
Earlier, Deepak helped scale up the Capital Markets business and then subsequently became the Chief Financial Officer, where he helped steer the firm through a successful Initial Public Offering. Post the IPO, when the global financial crisis disrupted markets the world over, Deepak was part of the core crisis management team at Edelweiss and helped navigate the Group successfully through extremely difficult business situations, while playing a key role in the expansion of various Group businesses.
Deepak led the Group’s new strategic initiatives, including the acquisition of Anagram stock broking, which expanded the Group’s retail reach manifold.
A Chemical Engineer from IT-BHU he is an MBA from the IIM Ahmedabad.