Board of Directors
Mr. Atit Agarwal, Chairman
On the Board
  • Non-Executive Chairman of Responsive Industries Limited
  • Non-Executive Chairman of Axiom Cordages Limited
Qualifications
  • Bachelor of Science Degree in International Marketing from Bentley University
  • Master of Business Administration in finance from McCallum Graduate School of Business (Bentley University)
Experience
  • Rich and diverse experience of multiple industries, including commercial banking
Role
  • Visualises the overall business strategy
  • Provides the inspiration and guideline behind product development in line with evolving requirements and aspirations of clients across the world
  • Focuses on widening the customer base, quality enhancement, technology up-gradation and innovation, improving efficiency and performance
  • Leverages his global business insight and enduring relationships with multiple clients to strengthen the visibility of the RIL and Axiom brands globally
  • His vision has transformed RIL and Axiom into a rapidly growing globally acclaimed enterprise over the last decade, winning several accreditations.
Mr. S.S. Thakur
On the Board
  • Independent Non-Executive Director at Responsive Industries Limited
Qualifications
  • M.Com, CAIIB
Experience
  • Former Controller, Foreign Exchange, Reserve Bank of India (RBI)
  • Played a significant role in formulation of the key provisions of the Foreign Exchange Regulation Act (FERA), 1973 and in designing policies and procedures for administration of FERA
  • Former Senior Advisor, UN International Civil Service
  • Functioned as an Advisor to the Governor, Bank of Zambia and played a key role in relaxation of exchange controls on current and capital account transactions and in formulating and implementing market – oriented banking and foreign exchange policies.
  • Former Chairman, HDFC Bank
  • Ex - Chairman, Central Depository Services (India) Ltd. (CDSL)
Other Directorships
  • KEC International Ltd.
  • DSP Black Rock Trustee Company Pvt. Ltd.
  • Shrenuj & Co.Ltd.
  • Quantum Advisors Pvt. Ltd.
  • Quantum Information Services Pvt. Ltd.
  • Urban Infrastructure Venture Capital Ltd.
  • Harirani Investment and Trading Pvt. Ltd.
  • Equitymaster Agora Research Pvt. Ltd.
  • HDFC Securities Limited
  • IGP Growth Investment Advisors Pvt. Ltd.
Mr. Jagannadham Thunuguntla
On the Board
  • Independent Non-Executive Director at Responsive Industries Limited
Qualifications
  • Chartered Accountant, Cost and Works Accountant
  • Executive Education in Harvard Business School on "Leadership in Financial Organizations"
Experience
  • He is a head of fundamental research at Karvy Stock Broking Limited.
  • He was Chief Strategist of SMC Global Securities. He had served as Head of Investment Banking of SMC Capitals.
  • He is an angel investor on Indian Angel Network. He is Co-Chairman of Assocham’s National Council on Capital Markets.
  • He is currently co-chairman of PHD Chamber of Commerce's National Council on Economic Affairs.
  • Previously he was in Morgan Stanley Capital Markets, having worked on various pitches for IPOs and follow-on offerings.
  • Experience in the fields of Equity Broking, Investment Banking, Wealth Management and Equity Research.
  • His research areas include Analysis of Private Equity Investments in Public Enterprises (PIPEs),‘Controlling stake’ by Private Equity, Implication of “put” options in PE term sheet, Treasury stock, Buyback provisions of FCCBs and New Banking Licenses by RBI.
  • He is associated with various student development programs in various business schools such as INSEAD (France), IIM Ahmedabad, IIM Lucknow, ISB Hyderabad, IIT Delhi, IIT Mumbai and IIT Roorkee.
Ms. Jyoti Rai
On the Board
  • Independent Non-Executive Director at Responsive Industries Limited
Qualifications
  • Bachelor of Science
  • Post Graduate Diploma in Business Management
Experience
  • Country Head – India for ABAX Corporate Services Ltd.
  • She is also Chairperson on the DPAI Committee for the Western Chapter, contributing on developing Capital Markets.
  • She is a member of FICCI – Ladies Organization and on the “SwayamCommittee” – empowering Women entrepreneurs.
  • She has worked with some of the leading companies like Citibank, Reliance Capital Asset Management, Thomson Reuters, AIG asset management, MCX, SBI-Soc Gen Custodial Services.
  • She was head Business development for Domestic and offshore business of SBI – Soc Gen Global Securities Services Pvt. Ltd.
  • She has rich experience in Marketing and Strategies across segments in Financial Markets.
Other Directorships
  • Axiom Cordages Limited.
Mr. Rajesh Pandey
On the Board
  • Director at Responsive Industries Limited
  • Director at Axiom Cordages Limited
Qualifications
  • Bachelors degree in Chemical Engineering
Experience
  • 16 years of experience in manufacturing
  • 13 years of experience in rope manufacture
Role
  • Oversees chemical engineering at RIL
  • Responsible for production and supervision of day-to-day factory operations at both RIL and Axiom
Mr. Bharat Mahalik
On the Board
  • Director at Axiom Cordages Limited
Qualifications
  • Bachelor’s degree in Commerce
Experience
  • 12 years industry experience in general administration
Role
  • Oversees administrative affairs at Axiom
Mr. Sankaran Krishnamurthy
On the Board
  • Independent Director at Axiom Cordages Limited
Qualifications
  • Graduate in Mathematics from Madras University
Experience
  • Former Dy. MD of State Bank of India
  • Former MD & CEO of SBI Life Insurance Co. Ltd.
  • 18 years experience in Corporate Finance and Project Appraisal
  • Experienced in SME lending
  • Pioneered 'Entrepreneur Scheme' and development of Ancillary units under Bhopal Local Head office
  • Advised a Pune-based IT company on insurance solutions
Other Directorships
  • Aptus Value Housing Finance India Ltd.
  • Sri Kaveri Medical Care (Trichy) Ltd.
  • KMC Speciality Hospitals (India) Ltd.
  • Kavery Hospital (Hosur) Ltd.
Mr. Subramaniam Santhanakrishnan
On the Board
  • Independent Director at Axiom Cordages Limited
Qualifications & Achievements
  • Postgraduate from Madras University
  • Certified Associate of Indian Institute of Bankers(CAIIB)
  • Qualified trainer (Dip. in Trg and Development) from ISTD and DSM from Bombay University
  • Contributed several articles in financial journals on banking and credit
Experience
  • Former Dy. MD of State Bank of India
  • Executive Chairman of Credit Information Bureau of India Ltd.(CIBIL)
Other Directorships
  • Easy Access Financial Services Ltd.
  • ICICI Home Finance Ltd.
  • Dhanlaxmi Bank Ltd.
  • Sundaram Clayton Ltd.
  • TVS Credit Service Ltd.
  • Reliance Capital Trustee Co. Ltd.
Mr. Naval Jawaharlal Totla
On the Board
  • Nominee Director at Axiom Cordages Limited
Qualifications & Achievements
  • MBA from Narsee Monjee Institute of Management Studies, Mumbai.
  • BE (Mechanical) from Pune University
Experience
  • 17 years of experience across various sectors of the financial services industry.
  • Managing Director, BanyanTree Finance, which is an advisor to private equity funds
  • Prior to BanyanTree, he was a Director within the Structured Finance Group, Standard Chartered Bank, India, based in Mumbai where he has delivered complex cross-border transactions for the Bank.
  • Previously he was an investment banker with IL&FS, an Indian financial institution and was responsible for developing a portfolio of clients across sectors through a mix of conventional and structured financing.
Other Directorships
  • Wellknown Business Ventures Private Limited
  • Ess Kay Auto Finance Private Limited
  • Dilip Buildcon Limited