Khushru Jijina Managing Director – Piramal Capital & Housing Finance Ltd.,
Managing Director – Piramal Capital & Housing Finance Ltd., Piramal Enterprises
Mr. Khushru Jijina is Managing Director, Piramal Capital & Housing Finance Limited (PCHFL). A Chartered Accountant with an illustrious career spanning well over three decades in the field of real estate, corporate finance and treasury management, Mr. Jijina has been with the Piramal Group for close to 19 years.
He currently spearheads Piramal Capital & Housing Finance Ltd. (PCHF), the financial services arm of Piramal Enterprises Ltd. Under his leadership, PCHF has grown rapidly and provides both wholesale and retail funding opportunities across sectors.
In real estate, the platform provides housing finance and other financing solutions across the entire capital stack ranging from early stage private equity, structured debt, senior secured debt, construction finance and flexi lease rental discounting. The wholesale business in the non-real estate sector includes separate verticals - Corporate Finance (CFG) and Emerging Corporate Lending (ECL). CFG provides customized funding solutions to companies across sectors such as infrastructure, renewable energy, roads, industrials, auto components etc. while ECL focuses on lending towards Small and Medium Enterprises (SMEs). PCHFL through its group companies provides customized strategies for institutional and retail investors such as Mumbai Redevelopment Fund focused on slum rehabilitation and Apartment Fund focused on bulk buying individual units (through Piramal Fund Management) and strategic partnerships with leading global pension funds such as CPPIB, APG and Ivanhoe Cambridge.
Mr. Jijina has been recognized with several leadership accolades namely Asia One: Global India 2017, Business Leader of the Year: Global Real Estate Congress 2017, Visionary in Real Estate Financing: NDTV Property Awards 2017, Entrepreneur of the Year in the financial services industry by Asia Pacific Entrepreneurship Awards (APEA) in 2017, CXO of the year: Realty Plus 2018, CEO of the Year: 8th EPC World Awards and the Extraordinare Game Changer Awards 2019: Brand Vision.
Prior to this, Mr. Jijina was the Managing Director of Piramal Realty where he was responsible for a portfolio of real estate development projects and oversaw all aspects of their execution. He was also the Executive Director of Piramal Sunteck Realty. He joined the Piramal Group in 2001 as Vice President, Treasury, and was instrumental in securing debt at the lowest cost for the group, setting new benchmarks in the debt market. Mr. Jijina started his career with Rallis, a TATA Group company, where over a span of more than a decade, he held several pivotal positions in corporate finance and treasury.
Peter DeYoung Chief Executive Officer,
Chief Executive Officer, Critical Care
Mr. Peter DeYoung is the CEO of Piramal Critical Care. He is a member of the Piramal Pharma Operating Board.
Prior to joining Piramal, he worked in a range of investing and consulting roles in healthcare in the US, Europe and India. He joined McKinsey & Company in New York after graduating from Princeton, US, where he worked on a number of projects for pharmaceutical and medical device companies. He was seconded by McKinsey to the World Economic Forum in Geneva, Switzerland, as a Project Manager for the Global Health Initiative. He returned to McKinsey as an Engagement Manger in New York and later in Mumbai, where he focused on the pharmaceutical and healthcare practice. He helped clients address a range of strategic, organisational and operational challenges. He went on to join Blackstone's Private Equity Group in Mumbai. He was on the deal team for several significant transactions across a variety of industry sectors in India.
Mr. DeYoung has completed Bachelors of Science in Engineering from Princeton University, New Jersey, USA (summa cum laude, phi beta kappa, tau beta pi) and Masters of Business Administration from Stanford University (Arjay Miller Scholar), California, USA.
Vivek Sharma Chief Executive Officer,
Chief Executive Officer, Pharma Solutions
Mr. Vivek Sharma currently serves as the CEO of Piramal Pharma Solutions (PPS), a global leader in providing Contract Research, Development and Manufacturing services for the life sciences industry. PPS offers a platform of integrated solutions from drug discovery through development and commercialisation, with research and manufacturing facilities in North America, Europe, and Asia.
Under Mr. Sharma’s leadership, Piramal has established itself as the ‘partner of choice’ for both large pharma and biotech firms and has forged strategic partnerships with global pharmaceutical customers. He has led Piramal Pharma Solutions through rapid growth with a strategy that augments organic growth with synergistic, well timed, acquisitions. Internal investments in fast growing segments such as Antibody Drug Conjugate (ADC) manufacturing and hormonals, have been complemented by acquisitions in High Potent Active Pharmaceutical Ingredients (HPAPI) manufacturing, and Injectable Development and Commercialisation Services. Vivek envisioned and moulded a distinctive customer and patient centric approach at Piramal Pharma Solutions with a dedicated customer centricity team. This is the first of its kind in the pharmaceutical contract manufacturing sector that maps the customer experience and customer journey. This approach has been greatly appreciated by customers across the globe and enables Piramal to reliably serve patients through its customers.
Mr. Sharma began his stint at the Piramal Group heading the Piramal Critical Care (PCC) business and was instrumental in improving profitability and establishing it as the third largest and the fastest growing Inhalation Anaesthetics company globally.
Prior to Piramal, Mr. Sharma was Managing Director at THL Partners, a Boston based global private equity fund, and has held senior leadership positions in Finance and Operations at AMD and Motorola. With over 25 years of global management experience, he was recognised as the global ‘CEO of the Year’, 2015 at CPhI Worldwide in Madrid and has been listed among ‘the top 100 finance professionals in the United States’. He is based out of Boston and is a Chartered Accountant from India, a qualified CPA, and holds a Masters in International Business from Thunderbird School of Management.
Nitish Bajaj CEO,
Consumer Products Division
CEO, Consumer Products Division
Mr. Nitish Bajaj is CEO, Consumer Products Division. He brings with him extensive experience and knowledge in Business and Marketing Strategy, Process Restructuring, Innovation, Digitization, Media Planning, Entry Strategy and Merger & Acquisition in the Consumer Healthcare and Automotive space. Nitish has been instrumental in launching and building the architecture of Global Power Brands through robust consumer in-sighting and by creating innovation pipelines.
Prior to joining Piramal, he was Senior Vice President (Marketing) at CEAT Tyres and has worked with organizations such as - Reckitt Benckiser (India) Limited, Ranbaxy Global Consumer Healthcare, Heinz India Private Limited.
Nitish has completed his Bachelor of Technology - Metallurgical Engineering from Indian Institute of Technology - Banaras Hindu University and Post Graduate Diploma in Management from Indian Institute of Management, Ahmedabad.
Vivek Valsaraj CFO,
Piramal Enterprises Ltd.
CFO, Piramal Enterprises Ltd.
Mr. Vivek Valsaraj is the President and Chief Financial Officer for Piramal Enterprises and has over 20 years of overall experience in the field of finance. He has been associate with the Piramal Group for over 18 years and currently oversees the entire Finance & Shared services functions for Piramal Enterprises. In his earlier stints within the group he has been associated with roles in Corporate, the erstwhile Domestic Formulations business and has been the CFO for the Pharma business.
He has extensive experience in the areas of Corporate Finance, business strategy, mergers and acquisitions, corporate structuring, corporate governance and taxation. Over the last several years he has been closely associated with the Pharma business and has actively participated in the affairs of these business including key acquisitions and divestments. He has also been responsible for executing systems and processes and internal controls of bring in financial discipline.
He is a qualified CMA and has been with the Piramal Group for over 18 years in various roles & has had prior stints with companies like Wockhardt Ltd. and Bharat Bijlee Ltd.
Shantanu Nalavadi Managing Director,
India Resurgence Asset Management Business Pvt. Ltd.
Managing Director, India Resurgence Asset Management Business Pvt. Ltd.
Mr. Shantanu Nalavadi carries with him more than two and half decades of experience in banking and financial services. He currently is the Managing Director of India Resurgence Fund (‘IndiaRF’, A Piramal Enterprises Limited and Bain Capital Credit Partnership) a distress fund which focusses on investment in distress assets and underlying debt from the large Indian NPL market, in growth sectors such as industrials, infrastructure, manufacturing etc., taking direct control / oversight through Indian bankruptcy law or outside of the law, and working through a financial and operational turnaround plan.
Prior to joining IndiaRF, he was the co-head of the structured investment group with Piramal Enterprises Ltd (“Piramal SIG”) and before that he was a Partner with New Silk Route Advisors Pvt. Ltd., a Private Equity Fund with over USD 850 million in AUM (“NSR PE”).
At Piramal SIG he was focussed on investing across distressed and special situations in India in myriad of sectors including infrastructure, renewable, road, cement etc. through a diverse set of high yield structured credit products backing a robust and credible business / turn-around plan, which enabled securing returns to all concerned stakeholders.
At NSR PE he was focussed on investing equity growth capital, creating value and monetizing investments across several sectors, including financial services, consumer, infrastructure, media & manufacturing. His portfolio included controlled and turnaround deals involving active operational and turnaround management.
Mr. Nalavadi’s prior work experience includes long working tenors with global MNCs, such as ANZ Grindlays Bank, Star TV and Walt Disney with P/L and business development responsibilities. He is a Chartered Accountant by qualification and did his article-ship with Arthur Andersen.