Board of Directors


A growing Credit Institution

Spearheaded by a Board of pioneers from various businesses and financial services, IndoStar Capital is marching towards becoming one of the foremost and premier credit institutions in India. The Board of Directors plays an active role in overseeing the operations of the company including risk management, credit approval and regulatory compliance.

Mr. Dhanpal Jhaveri
Non-Executive Chairman

Mr. Dhanpal Jhaveri has over 23 years of experience in investments, corporate strategy, M&A and investment banking. He holds a Bachelor of Commerce degree from the University of Mumbai and an MBA from Babson College, Graduate School of Business, USA. He is on the Board of IndoStar Capital Finance Limited as a representative from Everstone Capital..

Mr. Sameer Sain
Non-Executive Director

Mr. Sameer Sain has over two decades of experience in a range of roles in corporate and retail finance, investment and institutional wealth management as well as Special Investment Group. Mr. Sain holds a BBA from the University of Massachusetts at Amherst and an MBA from Cornell University, USA. He is on the Board of IndoStar Capital Finance Limited as a representative from Everstone Capital.

Mr. L. Brooks Entwistle
Non-Executive Director

Mr. L. Brooks Entwistle has almost three decades of experience in private equity and investment banking. He holds an AB from Dartmouth College and an MBA from Harvard Business School. He is on the Board of IndoStar Capital Finance Limited as a representative from Everstone Capital.

Mr. Deepak Shahdadpuri
Non-Executive Director

Mr. Deepak Shahdadpuri has over 18 years of professional experience in the private equity and venture capital domains. He is an active angel investor focusing on businesses with a strong emphasis on food and beverage value chain. He holds LLB (Hons) degree from King’s College, University of London, an MBA from INSEAD, where he graduated in the Deans’ List and FCA from the Institute of Chartered Accountants of England and Wales. He is on the Board of IndoStar Capital Finance Limited as a representative from Baer Capital.

Mr. Bobby Parikh
Non-Executive Independent Director

Mr. Bobby Parikh has over 28 years of experience in advising clients in the areas of entry strategy, business model identification, structuring a business presence, M&A and other business re-organisations. He holds a Bachelor of Commerce degree from the University of Mumbai and is a qualified Chartered Accountant from the Indian Institute of Chartered Accountants of India. He is on the Board of IndoStar Capital Finance Limited as an Independent Director.

Mr. R. Sridhar
Executive Vice - Chairman and CEO

Mr. R. Sridhar is responsible for the overall supervision, management and functioning of the organization. He has over three decades of experience in the financial services domain. He was associated with Shriram Group for more than 26 years. Under his leadership, he has built Shriram Transport Finance Company Limited into a largest asset financing NBFC in India. Sridhar holds a bachelor’s degree in Science and is a fellow member of the Institute of Chartered Accountants of India.

Mr. Alok Oberoi
Non-Executive Director

Mr. Alok Oberoi has almost three decades of experience in the financial services domain with 14 years in Private Wealth Management and around 15 years in Principal Investments and Private Wealth Businesses. He holds a Bachelor of Science from Cornell University and an MBA from S. C. Johnson Graduate School of Management. He is on the Board of IndoStar Capital Finance Limited as a representative from ACPI.

Mrs. Shweta Bhatia
Non-Executive Director

Ms. Shweta Bhatia has over 14 years of experience in Private Equity Investments. She received her Bachelor of Arts degree magna cum laude in Economics and Computer Science from Smith College, Massachusetts and holds an MBA from Harvard Business School. She is on the Board of IndoStar Capital Finance Limited as a representative from Goldman Sachs.

Mr. Eric Stuart Schwartz
Non-Executive Independent Director

Mr. Eric Stuart Schwartz has nearly three decades of experience as financial services professional. He completed his MBA and graduated with a B.S.E. (summa cum laude) from the Wharton School, University of Pennsylvania, USA. He is on the Board of IndoStar Capital Finance Limited as an Independent Director.

Mr. Ravi Narain
Non-Executive Independent Director

Mr. Ravi Narain has been with the National Stock Exchange (NSE) since its inception, and was the MD & CEO of the Exchange for 12 years, before he joined the NSE board as Vice-Chairman in a non-executive position. He has a degree in Economics from Cambridge University, UK and a degree in Business Administration (Finance) from Wharton School, University of Pennsylvania, USA. He is on the Board of IndoStar Capital Finance Limited as an Independent Director.

Mr. D. Sivanandhan
Non-Executive Independent Director

Mr. D. Sivanandhan is a highly regarded retired IPS Officer with an illustrious career spanning 36 years. He retired as a DGP of Maharashtra State Police in 2011. He has also served as Commissioner of Police of Nagpur, Thane city and Mumbai. He has worked with RBI as Security Advisor for the last three years. He is a Post Graduate in Economics and holds a Masters in Arts degree from University of Madras. He is on the Board of IndoStar as an Independent Director.

Mr. Vimal Bhandari
Non- Executive Director

Mr. Vimal Bhandari has over three decades of experience in the financial services industry. He has led IndoStar Capital for over six years and built it into a credible credit institution. He is a Chartered Accountant from ICAI and a Commerce graduate from Mumbai University. After a successful stint with IndoStar as Managing Director and CEO, he will be on the Board of IndoStar Capital Finance Limited as a Non- Executive Director.

Mr. Shailesh Shirali
Whole-Time Director

Mr. Shailesh Shirali is responsible for the Credits and Markets division of the Company. He has over 23 years of experience in the financial services space and has held several senior positions in the area of corporate lending and structured finance. He holds a Bachelor of Commerce degree from the University of Mumbai and is a qualified Chartered Accountant.

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