Contact Us

3 + 4 =
home > about us > Our Leadership Team

Our Leadership Team

Board Members

Arun K Saha

Mr Saha is the Joint Managing Director & CEO of IL&FS, Executive Chairman of IL&FS Securities Services Limited and Chairman of the Board of ISSL Market Services Limited in addition to being a Board Member of key group companies of IL&FS group. He is also a part of the IL&FS Group Management Board and of the three member Committee of Directors of IL&FS. He has been associated with IL&FS for more than 17 years and has over two decades of experience in the financial sector in the areas of financial services, infrastructure, asset management and distribution. The incubation and growth of the Securities Services business was facilitated under his leadership.

Mr Saha is an Associate Member of the Institute of Chartered Accountants of India, the Institute of the Company Secretaries of India, holds a Masters Degree in Commerce and has completed Advanced Management Program at Wharton School of University of Pennsylvania

S. Rengarajan

Mr Rengarajan is the Managing Director of IL&FS Securities Services Limited. With close to 32 years of experience in the financial services sector, he has been actively engaged in creating and developing financial services businesses in a dynamically changing environment. He has earlier served as a Chief Operating Officer of IL&FS Investsmart Ltd and Chief Operating Officer of Orix Auto and Business Solutions Ltd.

Mr Rengarajan graduated from Madras University, has completed CAIIB and Advanced Management Programat Wharton School of University of Pennsylvania

Alok Bhargava

Mr Alok Bhargava is CEO-Strategic Support Group of Infrastructure Leasing & Financial Services Limited (IL&FS), where he is heading a group established by IL&FS to implement various socio-economic development initiatives in existing IL&FS project catchment areas. This team will also be responsible for developing frameworks for measuring the impact of the various infrastructure projects that the IL&FS Group is implementing

Mr Bhargava has over 27 years of experience in investment banking, private equity and related financial services with a focus on infrastructure sectors

Over the last 18 years in the IL&FS Group, he has had a variety of job portfolios encompassing, project development, private equity, project finance, financial structuring and business development across various Infrastructure sectors - both physical and social, and Information Technology

Mr Bhargava is an alumnus of the Indian Institute of Management, Ahmedabad and the Indian Institute of Technology, New Delhi

Naveen Kumar

Naveen is on the Board of IL&FS Securities Services Limited and is the co-founder of Indxx Capital Management Services Private Limited. He has been instrumental in launching a variety of products including index funds, long only funds and private equity funds. The firm has carried out various investment decisions under his leadership, in the areas of both private equity as well as public market securities

Naveen started his career with the investment banking division of JM Morgan Stanley

Naveen's educational qualifications include a Post Graduate Diploma in Business Management from Indian Institute of Management, Ahmedabad, and a Bachelor of Engineering from Delhi College of Engineering, University of Delhi

Sutapa Banerjee

Sutapa Banerjee has spent close to 24 years in the financial services industry across 2 large multinational banks (ANZ Grindlays and ABN AMRO), and a boutique Indian Investment bank (Ambit) where she built and headed several businesses. A well recognized thought leader in the Wealth Management space having headed and successfully built from scratch the Private Wealth businesses in both ABN AMRO Bank and Ambit Capital, Sutapa was voted one of the ‘Top 20 Global Rising Stars of Wealth Management’ by the Institutional Investor Group in 2007 - the only Indian and one of only two winners from Asia. As CEO she led Ambit Private Wealth to ‘Best Private Bank in India in the 2013 AsiaMoney polls. In 2012 she was shortlisted in the 50 most Powerful Women’ by Fortune India. Sutapa is an Advanced Leadership Fellow (2015) of Harvard University. Currently she consults in the Wealth and Investments Management area and serves as an Independent Director on several boards of companies ( JSW Group, IL&FS Group) and non profits (Oxfam India and Dignity Foundation). She also represents Women’s World Banking as a Nominee Director on the board of their investee company Ananya Finance in India. Her area of study at Harvard was Responsible Investing and Business Practices and the use of a Gender Lens. She currently works, writes and speaks actively in this space.

Mr. H. Nagaraj

Chartered Accountant (CPA Equivalent0, Cost Accountant and Diploma in Business Management with over 20 years of experience in handling indian and international market operations and fund accounting of large hedge funds, prime brokerage services, wealth management, compliance, investor services, financial statemnts as per US GAAP and UK GAAP.

Experience in handling all types of productscovering plain vanilla and exotic instruments (Equity, Derivatives, Money Market, Commodities, Foreign Exchange, Fixed Income etc,), valuation of securities, risk management. Thorough knowledge in Japanese Banking, Islamic Finance, SOX, Basel.

Management Team

Mr. Ramgopal Kundurthi (CEO)

He is the Group Chief Treasury Officer, overseeing the fixed income, foreign exchange and derivative exposures with overall experience of 30 years. During 2001 and 2004, he was the CIO- Fixed income for IL&FS MF, responsible for managing and developing its fixed income products.

He holds M.A. and M. Phil. degrees in Economics from Gokhale Institute, Pune and MFM degree (Master of Financial Management) from Jamnalal Bajaj Institute, Bombay.

Mr. Harpulak Bahadur (Head of Business)

Pulak is an consulting and outsourcing veteran – he has been instrumental in developing businesses and has helped develop two of the largest names in this space. Pulak comes with 15 years’ experience in research, solution architecture and business development with emphasis on selling high value added and complex analytical solutions to financial institutions worldwide.Pulak has been instrumental in driving change initiatives across financial institutions with most deals being more than $100 million category.

By education, Pulak is a Mathematics Graduate and an MBA in finance from IMS, Indore (India).

Mr. Parikshit Kulkarni (Head of Products)

Parikshit comes with 14 years’ experience in fund administration and middle back office professional. He has worked with leading the OTC valuation captive unit for a leading investment bank and a large hedge fund administrator.

At iMarkServ, his role is to create new products and build the India delivery team to support these products and services. Parikshit is a commerce graduate and an MBA in finance from IMS, Indore (India)

© 2017 iMarkServ. All rights reserved