People: DCB Bank Ltd (DCBA.NS)
Shri. Nasser M. Munjee serves as Non-Executive Independent Chairman of the Board of Development Credit Bank Ltd,. since August 2005. He has been a non-executive director since June 2005 and the Bank’s non-executive Chairman since August 2005. He is also the Chairman of the Executive Committee, the Nomination and Remuneration Committee and the Capital Raising Committee of the Board. Mr. Munjee began his career in 1977 as one of the fi rst employees of HDFC, India’s fi rst housing fi nance company, where over two decades, he rose to be an executive director on its board with wide responsibilities. Then in 1997, upon the request of the Finance Minister of India to set up an infrastructure fi nance company, Mr. Munjee was instrumental in establishing Infrastructure Development Finance Company Limited (“IDFC”). Mr. Munjee is presently a director on the boards of 15 public companies in India, including Tata Motors, Tata Chemicals, Britannia Industries, Cummins India, ABB (India) and Ambuja Cements Limited. He is also the Chairman of 2 other Aga Khan Development Network (AKDN ) institutions in India – the Aga Khan Rural Support Programme (AKRSP) and the Muniwar Abad Charitable Trust. He has served as the President of the Bombay Chamber of Commerce and Industry and on several government task forces on housing and urban development. Mr. Munjee has a Masters degree from the London School of Economics, UK and was earlier educated at the Leys School in Cambridge. Mr. Munjee holds 4,401 equity shares in the Bank as on 31st March, 2015.
|Total Annual Compensation, INR||1,340,000|
|Restricted Stock Award, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||1,340,000|