Corporate Governance

Vakrangee Limited's Board comprises of six directors, including the Chairman & Managing Director. The details of the Board of Directors and their profiles are below:
 
Name Category Designation
Mr. Dinesh Nandwana Promoter & Executive Managing Director & CEO
Dr. Nishikant Hayatnagarkar Executive Whole Time Director
Mr. Ramesh M. Joshi Non-Executive Independent Director Director
Mr. Sunil Agarwal Non-Executive Independent Director Director
Mr. B. L. Meena Non-Executive Independent Director Director
Mr. Avinash Vyas Non-Executive Independent Director Additional Director
Mrs. Sujata Chattopadhyay Non-Executive Independent Director Additional Director
Mr. T. Sitharthan Non-Executive Independent Director Nominee Director
     
Note: Mr. Avinash Vyas was appointed as an Independent Director w.e.f. November 14, 2014. Mr T. Sitharthan was appointed as a Nominee Director representing LIC on the Board of the Company w.e.f December 4, 2014. Mrs. Sujata Chattopadhyay was appointed as an Independent Director w.e.f. March 31, 2015.
 
 
Board of Directors
Dinesh Nandwana
Managing Director & CEO
Mr. Dinesh Nandwana is one of the main promoters of the company, by profession, Mr. Nandwana is a Chartered Accountant. He is the navigator who drove the Company from a modest consultancy company to a well renowned and prominent e-governance Company. His vast experience is backed by astute and dynamic leadership qualities. Mentoring the core management team and to carry the team to deliver the best in the class e-governance and IT & IT enabled services has been his forte over the years. His vision to take the Company to the new orbit has helped the Company to achie.
 
Dr. Nishikant Hayatnagarkar
Executive Director - R&D
Dr. Nishikant Hayatnagarkar is a Doctorate in Computer Science from IIT, Powai, Mumbai. He is associated with the company since 1994. He is a well-known personality in the field of microchip designing. He has developed a voice recognition system, which is widely used in various applications like Tele Banking, Tele Gas Booking etc. He has also designed & developed Multilingual Keyboard and is consultant to Media Labs Asia – Kamal Rekhi School for Information Technology (IIT Mumbai) for development of Multilingual data input device – Marathi language Key Board (Key – Lekh) and E-Lekh (Tablet based Marathi language Input).
 
Ramesh M. Joshi
Non Executive Independent Director
Mr. Ramesh M. Joshi is a graduate in Economics & Law from the University of Nagpur. He had held various important positions in the Reserve Bank of India. He had the privilege of being nominated as a nominee of RBI on the Boards of various Banks. He had retired as an Executive Director of SEBI. He is also practicing as a senior corporate consultant.
 
Sunil Agarwal
Non Executive Independent Director
Mr. Sunil Agarwal is Bachelor of Commerce with over 25 years experience in business administration. He is a very successful businessman with good leadership qualities to control huge projects and explore new business opportunities.
 
B. L. Meena
Non Executive Independent Director
Mr. B. L. Meena has rich experience of having worked in different Government departments, including being Chief Commercial Manager NW Railway Jaipur of Indian Railway Traffic Service where he served for 28 years.
 
Avinash Vyas
Non Executive Independent Director
Mr. Avinash Vyas has wide experience in Audit Certification for externally aided projects funded by foreign agencies such as World Bank and its extended arms. He holds a Bachelor’s Degree in Commerce and is LL.B (professional) which adds to his business acumen.
 
Sujata Chattopadhyay
Non Executive Independent Director
Fellow member of the Institute of Cost Accountants of India and the Associate member of the Institute of Company Secretaries of India, Sujata Chattopadhyay has over 26 years post qualification experience. Starting her career at Kelvinator of India Limited, she has worked across various industries and geographies. Presently in full time practice as a Company Secretary, Sujata was a whole time director with Choice Capital Advisors Private Limited, a Merchant Banking company. She is an independent director at Polygenta Technologies Limited, Arysta LifeScience India Limited and Steel Exchange India Limited.
 
T. Sitharthan
Nominee Director
Mr. T Sitharthan, Nominee Director representing the Life Insurance Corporation of India on the Board of our Company holds a Bachelor’s degree in Law from the University of Madras and a Master’s degree in Sociology from Annamalai University.Presently, he is a Zonal Manager of LIC's Southern Zone comprising the states of Tamil Nadu, Kerala and Union Territories of Pondicherry and Lakshwadeep.
In his illustrious career spanning more than three decades, he has held many positions and has wide exposure in both administrative and marketing assignments. His vision is to continually strive to achieve excellence both in marketing and administrative areas.
 
 
Key Management
Dinesh Nandwana
Managing Director & CEO
Chartered Accountant with 22 years experience in overall Management, Operations, Finance & Corporate Affairs. He has led the evolution of Vakrangee since inception by ensuring continuous advance and improve e-Governance solutions leveraging world-class technologies, processes.
 
Mr. Sumit Jain
CEO – eCommerce
Mr. Sumit Jain joined Vakrangee as Sr. Vice President and is heading the eCommerce vertical. Mr. Jain joined Vakrangee Limited from Barclays, where he worked in equity research division of the investment bank and covered Indian and Indonesian banking sectors. Prior to Barclays, he worked with Credit Suisse and Intel Corporation in USA for over a span of 6 years. Mr. Jain received an MBA from Stern School of Business at New York University. He also holds a B. Tech degree in Computer Science from Indian institute of Technology (IIT) Bombay.
 
Mr. Rajeev Ranjan
CEO – eGovernance
Mr. Rajeev Ranjan joined Vakrangee as Sr. Vice President and Head – eGovernance. Mr. Ranjan is a Post-graduate and former Tata group senior executive, having vast experience with excellent record of delivering simultaneous National level, large scale and mission–critical projects, on time and within budget. Former Chief Executive Officer, with Vakrangee e-Solutions INC. at Manila, Philippines, he has led 8500 strong team of professionals and technical resources to deliver world-class and high-quality Land Registration project for Government of Philippines.
He has demonstrated superlative IT service delivery for most acclaimed projects for Government of India in Population Census management, PDS management, MCA 21, IGNOU management, Electoral management systems, Artisans Computerization.
 
Mr. Rahul Dev Pal
CEO – Banking Business
Mr. Rahul Dev Pal an economics graduate has a rich experience of almost 26 years in the field of sales and marketing. Starting his career with HCL he went on to work with companies like Xerox, Pertech Computers , BPL and Godrej. His last assignment in Godrej was as a National Head. He has, from the very beginning of his career, has dealt with different Government departments and has done a lot of work in the BFSI segment. He has an in-depth knowledge of the banking segment and has been working in this segment at Vakrangee in the capacity of Senior Vice President.
 
Mr. Nitin Sharma
CEO – ATM Business
Qualified Executive MBA from IIM Kolkata and Masters in Operations, IR and Social Work from Premier Institute, Udaipur, Mr. Nitin Sharma is a competent professional with over 17 years of cross-cultural experience in Operations, Implementation, Retail and Project Management.
Mr. Sharma joined Vakrangee as Vice President and is handling ATM business vertical. Former to this, during the period 2009-12, he worked as a Chief Operational Officer with Vakrangee’s Foreign Subsidiary Vakrangee e-Solutions INC., Manila, Philippines. Prior to Vakrangee, he worked with Next Retail India Ltd (Videocon group) as Head - HR – Operations.
 
Dr. Nishikant Hayatnagarkar
Director – R&D
PhD in Computer Science from I.I.T. (Mumbai), with experience of 24 years in the field of software and chip designing, Leads the SI LOB for Vakrangee