Our Directors

MR. RAJESH P. KHANDWALA
CHAIRMAN & MANAGING DIRECTOR

Mr. Rajesh P. Khandwala is a visionary and founder of the Khandwala Group. He is a Commerce Graduate having experience of over two and half decades in Capital Market activities. He is a dominant figure in Gujarat Capital Market and has contributed greatly to the Groups rise. He has rich and varied experience in the field of Primary Market, Secondary Market and Mutual Funds. He is an Independent thinker and a measured risk taker with a passion for equities. With his support in the business of housing finance, he is taking up the Company to the new heights.

MR. VIMAL P. KHANDWALA
MANAGING DIRECTOR

Mr. Vimal P. Khandwala is a Commerce Graduate and has deep operational knowledge of more than 20 years in Capital Market activities. He has rich experience in Primary Market, Secondary Market, Derivatives and Arbitrage Operations, and Financial Management. With his strong operational skills Mr. Vimal keeps providing the group with the much needed controls for efficient business operations. With his support in the business of housing finance, he is taking up the Company to the new heights.

Mr. Kushal Khandwala
WHOLE TIME DIRECTOR

Mr. KUSHAL KHANDWALA – is a graduate with a Master’s degree from the University of Warwick, who possesses substantial expertise in the Finance sector and Non-Banking Financial Company (NBFC) funding. Following a 3-year tenure at one of the top 3 investment houses, he has been actively involved with the KHANDWALA Group, assuming a full-time role in overseeing the operations of KIFS Housing Finance.

Mr. Kumar Sharadindu
Independent Director

Brief Profile of Mr. Kumar Sharadindu

Mr. Kumar Sharadindu had retired as MD & CEO of SBI Pension Fund(P) Ltd. and he was on the rank of CGM in SBI. Mr. Kumar was a general Manager at SBI Corporate Centre, Mumbai heading private equity business of the bank. He joined SBI as the probationary officer in 1984. He has held several crucial assignments in his banking career spanning more than three decades. He has held the key positions in the areas of credit, treasury, Risk and large corporate lending. He spent more than five years in treasury of the bank. He was also the head of Market Risk department of SBI. Before coming in the private equity, he was head of Mid corporate group in Chandigarh region. By qualification, he has done master in physics. He also holds certifications from:-

Associate Indian Institute of Bankers
Training programme on Derivatives at IIM Bangalore
Advance programme on Private Equity investments by Euromoney at London
Trends and developments in Electronic Payment and Settlement Systems at RBI training college, Pune.

In his rich experience, he has managed Pension AUM of $20 Bn (Rupees 1,37,000 crores) and instrumental in introduction of policy by Pension Fund Regulatory and Development Authority (PFRDA) for transfer of self-managed Superannuation Funds of Central Public Sector Undertaking (CPSEs) to National Pension System (NPS). He has been part of Government delegation to UK to study UK Pension Industry as part of India-UK Technical assistance programme on Financial Services in India. Further, he strengthened bank capitalization through notable exits of Rs. 2061 crores from non-core investments with strong returns. Mr. Kumar managed a large team of more than 350 professionals across the region, overseeing Gross advances of Rs. 12,000 crores. He has been member of committees constituted by RBI to study and suggest the market risk related policies to be implemented in the Banks. He is serving as director of the Board of KOGTA Financial (INDIA) Ltd, and Aditya Birla Sun Life Pension Fund Management Limited

MR. VIKAS KUMAR
INDEPENDENT DIRECTOR

Mr. Vikas is a qualified Chartered Accountant (FCA) with more than 31 years of post-qualification
experience. He is a partner with T.R. Chadha & Co LLP (TRC) since 1995 (more than 29 years) and is the CEO of the firm with more than 950 employees reporting to him. TRC is a 78 years old CA Firm with 11 offices All Over India and is considered in Top 10 CA Firms in India.

Mr. Vikas is a qualified Chartered Accountant (FCA) with more than 31 years of post-qualification experience. He is a partner with T.R. Chadha & Co LLP (TRC) since 1995 (more than 29 years) and is the CEO of the firm with more than 950 employees reporting to him. TRC is a 78 years old CA Firm with 11 offices All Over India and is considered in Top 10 CA Firms in India.

He is a regular speaker/panelist at many conferences and seminars of Institute of Chartered Accountants of India (ICAI), Securities and Exchange Board of India (SEBI), Comptroller & Auditor General of India (CAG), etc on various topics including Financial Services Audits, Forensic Audits, Accounting Standards, etc. He is also a member / reviewer of the following committees / Boards of ICAI;
• Technical reviewer of Quality Review Board constituted by ICAI and Government of India
• Technical reviewer for best presented accounts in India and South Asian Federation of Accountants
(SAFA)
• Member of the group for revision in Guidance note on audit of Banks and Long Form Audit Report
(LFAR) for Banks
• Co-opted Member of the Committee on Career Counselling of ICAI
• Member of the Expert Panel for Addressing queries related to Statutory Audit pertaining to Auditing Aspects
He has also done various inspections and special audits on behalf of SEBI, RBI, IRDA, etc. Mr. Vikas has excellent relations with the Regulators and engages with them on regular basis including doing various work on their behalf.
Mr. Vikas has been involved in various large and midcap groups advising them on various aspects including control improvements, process strengthening, cost management, etc. He has been involved with writing various accounting manual, audit manual, etc. for various companies. He has exposure in various Industries including Oil & Gas, Telecom, Infrastructure, Real Estate, Manufacturing, Services, Stock Exchange, Mutual Funds, Insurance Companies, Private Equity, Large international organizations, etc.
He has been on Board of few companies on behalf of PE players in past. Mr. Vikas is an excellent motivator and helps organization build the culture and achieve the goals. His strength lies in analytical thinking, fast understanding, critical decision making and taking the team along.

MS. BHAVNA DESAI
NON EXECUTIVE DIRECTOR

Smt. Bhavna Govindbhai Desai, is a Bachelor in Commerce from Bombay University having over two decades of experience in shares and security market activities. Presently, she is associated with various companies in the capacity of Independent Women Director.

Our Directors

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