Corporate Governance

Vakrangee Limited's Board comprises of nine directors. The details of the Board of Directors and their profiles are below:
 
Name Category Designation
Mr. Dinesh Nandwana Promoter & Executive Executive Chairman
Mr. Anil Khanna Executive Managing Director & Group 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 Director
Mrs. Sujata Chattopadhyay Non-Executive Independent Director Director
Mr. Ranbir Datt Non-Executive Director Nominee Director
     
Board of Directors
Dinesh Nandwana
Executive Chairman
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.
 
Anil Khanna
Managing Director & Group CEO
Mr. Anil Khanna has joined Vakrangee as Managing Director & Group CEO w.e.f. 25th January 2019. Prior to Vakrangee he has been at the position of Managing Director of Blue Dart Express Limited with effect from 21st February 2007.
He has 40 years of experience in various industries and has been with Blue Dart since 1992 and he moved to the position of Managing Director since 2007.
Under his leadership and guidance, Blue Dart was able to broaden its strategic focus from being an air express company to a full-fledged logistics organization offering a wide range of products and services, as well as Industry specific solutions in air and ground express segments. He was also responsible for developing business potential, driving strong revenue growths and enhancing service quality. He has proven his capabilities in leading his team to achieve exceptional business results.
In his tenure as the Managing Director at Blue Dart, he has been awarded various leadership awards, amongst others these include:-
  • "Outstanding Entrepreneur Award" by the Asia-Pacific Entrepreneurship Awards
  • "CEO with HR Orientation Award" by Global HR Excellence Awards at the World HRD Congress Meet
  • "Glory of India Award" by the Institute of Economic Studies
  • "Responsible Business Leader" by the Responsible Business Awards
  • "CEO of the Year" by CMO Asia Awards for Excellence in Branding & Marketing
  • "CEO of the Year" by the National Quality Excellence Awards
  • "Exemplary CEO of the Year" by the Global HR Excellence Awards

He was also ranked as one of "India’s Best CEOs" by Business Today
He is a graduate from St Stephen's College, Delhi and holds an MBA degree in Marketing and Finance from UBS, Chandigarh.
 
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.
 
Ranbir Datt
Nominee Director
Mr. Ranbir Datt joined Life Insurance Corporation of India (LIC) as Assistant Administrative Officer in 1984. Worked as Head of various channels in LIC of India viz., Deptt of Pension & Group Superannuation, Banking Assurance, Micro Insurance, Office Service & Estates etc. Also worked in LICs vertical like LIC Housing Finance Ltd and LIC Momura Mutual Fund. He was also incharge of two biggest Divisions at Nagpur and Karnal. He has an experience of training at Director level. Presently Mr. Datt is Executive Director of Corporate Planning /New Projects.
 
 
Key Management
Dinesh Nandwana
Executive Chairman
Mr. Dinesh Nandwana has about 27+ years of business experience. He drives and oversees the overall business at Vakrangee since its inception in 1990. He is fully committed and would continue to play an active role in the Business strategy and operations. He has been instrumental in moulding Vakrangee from a modest consultancy company to a prominent force to be reckoned with. He has scaled the Company to a new orbit of growth. His vast experience is backed by astute and dynamitic leadership qualities. Under his vision, the Company has set a track record for consistent and sustainable growth. As a front-runner of the organisation, he ensures a tone of integrity and ethics across the operations and establishes the highest standards of corporate governance. Has received a memento from the former Honorable President of India, Late Shri Shankar Dayal Sharma in 1996. Recipient of the ‘CA Business Leader - SME (3rd Rank)’ award by the Institute of Chartered Accountants of India for the year 1997. Holds a Bachelor’s degree in Commerce from Rajasthan University and a Chartered Accountant degree from the Institute of Chartered Accountants of India.
 
Anil Khanna
Managing Director & Group CEO
Mr. Anil Khanna has joined Vakrangee as Managing Director & Group CEO w.e.f. 25th January 2019. Prior to Vakrangee he has been at the position of Managing Director of Blue Dart Express Limited with effect from 21st February 2007.
He has 40 years of experience in various industries and has been with Blue Dart since 1992 and he moved to the position of Managing Director since 2007.
Under his leadership and guidance, Blue Dart was able to broaden its strategic focus from being an air express company to a full-fledged logistics organization offering a wide range of products and services, as well as Industry specific solutions in air and ground express segments. He was also responsible for developing business potential, driving strong revenue growths and enhancing service quality. He has proven his capabilities in leading his team to achieve exceptional business results.
In his tenure as the Managing Director at Blue Dart, he has been awarded various leadership awards, amongst others these include:-
  • "Outstanding Entrepreneur Award" by the Asia-Pacific Entrepreneurship Awards
  • "CEO with HR Orientation Award" by Global HR Excellence Awards at the World HRD Congress Meet
  • "Glory of India Award" by the Institute of Economic Studies
  • "Responsible Business Leader" by the Responsible Business Awards
  • "CEO of the Year" by CMO Asia Awards for Excellence in Branding & Marketing
  • "CEO of the Year" by the National Quality Excellence Awards
  • "Exemplary CEO of the Year" by the Global HR Excellence Awards

He was also ranked as one of "India’s Best CEOs" by Business Today
He is a graduate from St Stephen's College, Delhi and holds an MBA degree in Marketing and Finance from UBS, Chandigarh.
 
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
 
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.
 
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.
 
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.
 
Harish Mani
CEO – Insurance
Mr. Harish Mani is a commerce graduate with PGDRM from IRMA. He has 14+ years of rich experience in Insurance & Micro-Finance Industry. Prior to joining Vakrangee he worked for Bharti Axa Life Insurance company for 8 years in various functions like distribution finance, channel development etc. where he worked on distribution blueprint, strategy, planning and cost management. Prior to Bharti Axa Life he worked for ICICI Lombard General Insurance company for 4+ years as product manager handling Two Wheeler and Retail Motor-Health verticals at different points of time. He worked on digital systems like ICICI Lombard Point of Sale (ILPOS) which is an pioneering industry leading application for policy issuance today.
 
Sanjeet Mahajan
CEO - Financial Services
Mr. Sanjeet Mahajan joined Vakrangee as Head – Financial & Other Services in October 2017. He is responsible to build the Retail & SME Loans, Mutual Fund & Other Allied businesses at Vakrangee Ltd. Prior to joining Vakrangee, Mr. Mahajan was associated with HDFC Bank for over 2 decades and served across multiple roles. In his last assignment as a Vice President at HDFC Bank, Mr. Mahajan was responsible to drive over all business and operations for some of the largest metro Retail branches of HDFC Bank.
 
Rajesh Bhojwani
CEO – ATM
Mr. Rajesh Bhojwani joined Vakrangee as Executive Vice President and is heading the ATM vertical. Mr. Bhojwani joined Vakrangee Limited from HDFC Bank Ltd, where he had worked in ATM, SME Lending and Retail Branch Banking division for over 12 years. His last assignment at HDFC Bank was Head – ATM Business Process. Prior to HDFC Bank, he worked with Chola MS General Insurance Company Ltd and Dewan Housing Finance Corp Ltd (DHFL) for over a span of 5 years. Mr. Bhojwani is Post Graduate (Construction & Project Management) from CEPT University, Ahemdabad. He also holds a B.E. (Civil) degree from DDIT, Nadiad, Gujarat.