Boardof Directors

DHFL is driven by qualified and motivated professionals, committed to providing efficient and cost-effective financial services to our customers. They endeavor to make DHFL the finest organization to work for and to do business with, every time.

Kapil Wadhawan
Mr. Kapil Wadhawan
Chairman & Managing Director
Dheeraj Wadhawan
Mr. Dheeraj Wadhawan
Non- Executive director
Mr. Alok Kumar Misra
Mr. Alok Kumar Misra
Additional (Non-Executive Independent) Director

Mr. Kapil Wadhawan joined DHFL in September 1996 as a Director. He became the Chairman and Managing Director of the Company in July 2009, and has since then led DHFL into becoming a world class financial services Company. Under his leadership, the Company commenced its transformational journey, reaching out to customers across the length and breadth of the country. He was instrumental behind DHFL setting up representative offices globally – at Dubai and London. He spearheaded the acquisition of the housing finance arm of ING Vysya Bank Ltd. in 2003 and the acquisition of First Blue Home Finance Ltd. (erstwhile Deutsche Postbank Home Finance Ltd.) in 2011. He also established India’s low income segment specific Company, Aadhar Housing Finance Ltd., in association with IFC, a member of the World Bank group. Mr. Kapil Wadhawan also led the foray of DHFL into the education loans sector through Avanse Financial Services Limited in 2013 and in life insurance through DHFL Pramerica Life Insurance Company Ltd. in 2014. With his focus on business excellence and industry development, Mr. Kapil Wadhawan has played a significant role in shaping policy guidelines on matters relating to the mortgage finance industry. His dynamic initiatives at DHFL have been pioneering for the industry. Mr. Kapil Wadhawan is an MBA in Finance from Edith Cowan University, Australia.

Mr. Dheeraj Wadhawan is also the Promoter and Shareholder of the Company. He is the son of Late Shri Rajesh Kumar Wadhawan and brother of Mr. Kapil Wadhawan, Chairman & Managing Director. He has graduated in construction management from the University of London. He has over 13 years of experience in the real estate and construction industry. He joined on the Board as a Non-Executive Director on May 12, 2008.

Mr. Alok Kumar Misra is a seasoned and accomplished banker with a distinguished career spanning of more than four decades during which he handled a wide range of activities pertaining to commercial banks in various high level capacities culminating as the Chairman & Managing Director (CMD) of Bank of India, from where he finally demitted his office in September, 2012. Mr. Misra has also served as the Chairman of the Indian Bank Association. Mr. Misra is a Masters in Statistics, Post Graduate Diploma in Personnel Management from FMS, Delhi University and Certified Associate of Indian Institute of Bankers (CAIIB). He is also the fellow member of Certified Institute of Bankers of Scotland (FCIBS), Zambian Institute of Bankers (FZIB), and an associate member of Australasian Institute of Banking & Finance (AAIBF). He started his career as a probationary officer in Bank of India and went on to have an illustrious professional innings spanning over 38 years in Banking Industry, during which he headed various banking operations, including in charge of Bank of India’s international operations as its General Manager (International), as a Managing Director of Indo-Zambia Bank Ltd, as an Executive Director of Canara Bank, before his elevation to CMD of Oriental Bank of Commerce and CMD of Bank of India. Throughout his career, he has been known as a dynamic leader and a true team-man.

Mr. Misra is an astute Banker of high repute, a committed professional with strong leadership qualities, expertise in Finance, Accounting, Management and Administrative matters, Corporate Governance, and Risk Management. Mr. Alok Kumar Misra is not related to any director of the Company. He joined on the Board as an Additional (Non-Executive Independent) Director on March 26, 2019.

Click here for the terms and conditions of appointment of Mr. Alok Kumar Misra as an Independent Director

Mr. Srinath Sridharan
Mr. Srinath Sridharan
Additional (Non-Executive) Director
Mr. Sunjoy Joshi
Mr. Sunjoy Joshi
Additional (Non-Executive Independent) Director

Mr. Srinath Sridharan is a member of the Group Management Council (GMC) at Wadhawan Global Capital Limited, the promoter company of the Company. Mr. Srinath Sridharan anchors the growth of Wadhawan Global Capital’s businesses with one key focus – robust value creation. Mr. Srinath Sridharan has served as a strategic counsel for over two decades with leading corporates and has steered growth in the Wadhawan group since the past 12 years. His experience spans diverse sectors and leading brands such as Hyundai and Welspun. He brings a keen understanding of market dynamics and consumer trends that are key for business expansion and new forays. Mr. Srinath Sridharan is not related to any director of the Company. He joined on the Board as an Additional (Non-Executive) Director on March 26, 2019.

 

Sunjoy Joshi has a Master’s Degree in English Literature from Allahabad University, India, as well as in Development Studies from University of East Anglia, Norwich. He also studied Upstream Economics and Risk Analysis at the Petroleum Economist, Woking, UK. He joined the Madhya Pradesh Cadre of the prestigious Indian Administrative Services in 1983, but has taken premature retirement from the service in 2009 in order to pursue his primary interests in energy and environment. During his career spanning over 25 years in the Indian Administrative Service, Sunjoy has gained experience across the conventional as well as non-conventional energy sectors. He has handled oil and gas exploration as Joint Secretary in the Ministry of Petroleum and Natural Gas and was the Government nominated Director on the Boards of ONGC, OVL, OIL and MRPL. Sunjoy headed the Madhya Pradesh Energy Development Agency as its Managing Director and served as Chairman of M.P. Windfarms. He has been Visiting Associate at the International Institute of Strategic Studies, London and Distinguished Visitor to the Program on Energy and Sustainable Development, University of Stanford. He takes keen interest in social development initiatives as Vice President of the Mountain Children’s Foundation, a not for profit organization working with disadvantaged rural children in the Himalayas. Mr. Sunjoy Joshi is not related to any director of the Company. He joined on the Board as an Additional (Non-Executive Independent) Director on March 26, 2019.

Click here for the terms and conditions of appointment of Mr. Sunjoy Joshi as an Independent Director.

Committeesof the Board

The Board of Directors of the Company have constituted eight committees namely – Audit Committee, Stakeholders’ Relationship Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee, Risk Management Committee, Finance Committee, Review Committee (for declaration of Wilful Defaulters to Credit Information Companies (CICs)) and Special Committee for Sale of Strategic Investments which enables the Board to deal with specific areas / activities that need a closer review and to have an appropriate structure to assist in the discharge of their responsibilities. The Board Committees meet at regular intervals and perform the duties and functions as entrusted upon them by the Board.

  • Audit
    Committee

    Mr. Alok Kumar Misra – Chairman
    Mr. Sunjoy Joshi – Member
    Mr. Srinath Sridharan – Member
  • Stakeholder's Relationship Committee

    Mr. Srinath Sridharan – Chairman
    Mr. Alok Kumar Misra – Member
    Mr. Sunjoy Joshi – Member
  • Nomination and Remuneration Committee

    Mr. Sunjoy Joshi – Chairman
    Mr. Alok Kumar Misra – Member
    Mr. Srinath Sridharan – Member
  • Corporate Social Responsibility Committee

    Mr. Alok Kumar Misra – Chairman
    Mr. Srinath Sridharan – Member
    Mr. Kapil Wadhawan – Member
  • Risk Management Committee

    Mr. Sunjoy Joshi – Chairman
    Mr. Kapil Wadhawan – Member
    Mr. Srinath Sridharan – Member
  • Finance
    Committee

    Mr. Kapil Wadhawan – Chairman
    Mr. Alok Kumar Misra – Chairman
    Mr. Sunjoy Joshi – Member
  • Review
    Committee
    (for declaration of Wilful Defaulters to Credit Information Companies (CICs))

    Mr. Kapil Wadhawan – Chairman
    Mr. Alok Kumar Misra – Member
    Mr. Sunjoy Joshi – Member
    and any 2 Members of Identification Committee
  • Special
    Committee
    for Sale of Strategic Investments

    Mr. Kapil Wadhawan – Chairman
    Mr. Srinath Sridharan – Member
    Mr. Alok Kumar Misra – Member