BWI: IDFC Announces the Appointment of Girish Nadkarni as ‘Partner’ at its Private Equity Business

Press release from Business Wire India
Source: Infrastructure Development Finance Company Limited
Wednesday, July 20, 2011 08:30 PM IST (03:00 PM GMT)
Editors: General: People; Business: Accounting & management consultancy services, Banking & financial services, Business services, Financial Analyst
--------------------------------------------------
IDFC Announces the Appointment of Girish Nadkarni as 'Partner' at its Private Equity Business


Mumbai, Maharashtra, India, Wednesday, July 20, 2011 -- (Business Wire India) -- IDFC has appointed Girish Nadkarni as 'Partner' at IDFC Private Equity business today. A seasoned finance and business professional Girish brings to the table two decades' of experience in diverse fields like Buyouts, Corporate Finance, Treasury and Risk management, Business Strategy, Mergers & Acquisitions, Global Financial Reporting, Taxation and setting up new businesses.

Mr. Satish Mandhana, Managing Partner, IDFC PE, said "The Private Equity business is a key pillar of IDFC's Alternative Assets strategy and Girish's addition as 'partner' to our team of experienced professionals is a boon. I take this opportunity to wish him every success at IDFC".

Prior to joining IDFC, Mr. Nadkarni was Executive Vice President (Finance & Legal) and Chief Financial Officer of Rallis India Ltd and was member of Executive Committee. His earlier assignments include Deputy CFO at Tata Chemicals and Vice President at Tata Industries. While working at Tata Industries, he was involved in acquisition of VSNL, Hughes Tele.com, Escotel Mobile etc. and divestments of Tata's stake in Idea, Tata Honeywell as also managing joint venture relationships like Avaya, Honeywell, Ascendas, Cingular, Birla, etc. He has served on the Boards and Chaired Audit Committees of various Tata companies.

About IDFC:

Infrastructure Development Finance Company Limited (IDFC) is India's premier financial services institution focused on infrastructure. It was set up in 1997 by the Government of India as a financier and catalyst for private sector's involvement in infrastructure development in India. IDFC has evolved into a 'one stop shop' for infrastructure finance in India, meeting the complex and ambitious requirements of an expanding client base.

IDFC's strategy involves all parts of the value chain of infrastructure, providing a differentiated value proposition to its clients. IDFC's domain expertise in infrastructure combined with product breadth - project financing, investment banking and asset management enables it to provide creative solutions to its clients. IDFC has strong relationships with the private sector and government enabling it to provide objective advice and facilitate public-private partnerships in infrastructure. IDFC Foundation helps train government officials on public-private partnerships, provides advice on infrastructure policy and governance issues and on sustainable development strategies.


CONTACT DETAILS
Parminder Panesar, Infrastructure Development Finance Company Limited, +91 9987012340, parminder.panesar@idfc.com
Bahaar Chopra, REPUTE (Public Affairs & CSR Solutions), +91 9619088099, bahaar.chopra@reputesolutions.com

KEYWORDS
PEOPLE, CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, Financial Analyst

If you wish to change your Business Wire India selection please click on this link http://www.businesswireindia.com/media/news.asp and use your personal username and password to login.

Submit your press release at http://www.businesswireindia.com