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Wednesday, March 16, 2016

Who's who of India Inc served KFA as independent directors

Vijay Mallya may be a pariah today with both the Congress and the BJP disowning him, but there was a time when who's who of India had served his Kingfisher Airlines (KFA) as its independent directors.

The 2005-founded airline saw distinguished people such as heart surgeon Dr Naresh Trehan, tennis great Vijay Amritraj, former chairman of LIC and Sebi G N Bajpai, ex-finance secretary Piyush Mankad, Rediff India founder Diwan Arun Nanda and bankers of repute serving as its independent directors.

Bajpai introduced key reforms at Sebi and prepared LIC to face the onslaught of foreign insurance giants in India once the sector was deregulated. He was a member of the governing board of IIM Lucknow.

Read For More News: visit Times Of India ePaper