United Kingdom

People: IDFC Ltd (IDFC.NS)

IDFC.NS on National Stock Exchange of India

17 Jun 2019
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Kakar, Sunil 

Mr. Sunil Kakar is Chief Executive Officer, Managing Director, Director of the company. He started his career at Bank of America where he worked for 18 years in various roles, covering Business Planning & Financial Control,Branch Administration and Operations, Market Risk Management, ProjectManagement and Internal Controls. As a CFO from 1996 to 2001, Mr. Kakar spearheaded the Finance function at Bankof America in India. After Bank of America, Mr. Kakar was the CFO at Max New York Life Insurance Company since 2001. He led numerous initiatives including Planning, Investments / Treasury, Finance and Accounting, Budgeting and MIS, Regulatory Reporting and Taxation. As part ofthe start-up team in Max New York Life, Mr. Kakar was a key part of core groupwhich led the successful development of the insurance business. He joined IDFC in 2011 as the Group Chief Financial Officer and was responsible for Finance & Accounts, BusinessPlanning and Budgeting, Investor Relations, Resource Raising and IT. He was also a member of IDFC Group’s Management Committee. After the demerger of IDFC Ltd and IDFC Bank, he moved to the bank as one of the founding members that led the transition of IDFC into a universal bank. He was a member of the Executive Committee of the bank and led Strategic Planning & Budgeting, Finance & Accounts and Investor Relations at IDFC Bank. Mr. Kakar holds an MBA in Finance from XLRI and a degree in engineering from IIT Kanpur.

Basic Compensation

Total Annual Compensation, INR 14,360,400
Restricted Stock Award, INR --
Long-Term Incentive Plans, INR --
All Other, INR 2,792,660
Fiscal Year Total, INR 17,153,000

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --
Name Fiscal Year Total

Vinod Rai


Sunil Kakar


Bipin Gemani


Nirav Shah


Soumyajit Ghosh


Chintamani Bhagat

As Of  31 Mar 2018