PEGASUS Assets Reconstruction Pvt Ltd

Management

Pegasus is a professionally managed company. The Board comprises of highly reputed names from various fields including Banking and Finance sectors. The Board consists of 7 members.

The management consists of a highly experienced team with presence across India. Pegasus has adapted best practices in terms of various processes that enable us to deliver value maximisation and superior returns' to all stakeholders.

Board of Directors

The Board of Directors of PEGASUS currently comprises of the following persons:

Mr. Sadashiv S. Rao

Chairman

Mr. Sadashiv S. Rao has over 38 years of experience in project finance, investment banking and advisory services.Mr. Rao is a director in Yes Bank Ltd, Nexus Select Mall Management Private Limited and Sustainable Energy Infra Investment Managers Private Limited. He was the founding CEO of NIIF Infrastructure Finance Limited (NIIF IFL) erstwhile IDFC IFL from April 2015 to June 2022 - an NBFC lending to operating infrastructure projects. Prior to NIIF IFL, Mr. Rao has worked for 18 years, as one of the early senior employees of IDFC, where he last held the position of Chief Risk Officer. He has the unique experience of being in leadership roles, in both the business function as well as the risk function. He has earlier worked with ICICI Limited in project finance, Hindustan Petroleum Corporation Limited and Procter & Gamble. Mr. Rao served as an Independent Director and was the Chairman of the Audit Committee of Indraprastha Gas Limited. He was also a Director on the Boards of Sharekhan Limited and Asset Reconstruction Company (India) Limited. In addition, he was a Director on several IDFC group companies including IDFC Alternatives Limited - the private equity arm of IDFC and IDFC Securities Limited - the investment bank and broking arm of IDFC. He was a member of the committee constituted by Government of India, to set up Power Trading Corporation.

Mr. Rao holds an MBA from the Indian Institute of Management, Bangalore and a B.Tech. degree from Indian Institute of Technology, Kanpur.

Mr. Haridas. K. V.

Independent Director

Mr. Haridas. K. V. has over 40 years of comprehensive experience in the financial sector covering Retail Banking, Stressed Assets Management, Financial Inclusion, Corporate Credit, Treasury & Investment operations, Risk Management and Micro Finance. Mr.Haridas. K. V is Strategy Advisor to Dhan Sethu Digifin Pvt Ltd, a Fintech and Oleevia Grameen Credits Limited, a NBFC, focussed on the Micro Finance sector. He was also Strategy Advisor to ESAF Small Finance Bank in formulating business strategy and guiding the leadership team. Prior to that Mr. Haridas. K. V. was Deputy Managing Director, State Bank of India (Financial Inclusion & Micro Market). He also held leadership position as Deputy Managing Director (Retail Business) of the Bank managing the portfolio comprising assets in Agriculture, SME, Real Estate and Housing and Personal Loan segments. Mr. Haridas also oversaw the Retail Stressed Assets Portfolio of the Bank.

Mr. Haridas. K. V. holds a Bachelor Degree in Physics and had acquired Certified Financial Services Auditor qualification from the Institute of Internal Auditors, Florida, US. He holds a Diploma in Management from Indira Gandhi National University and is a Certified Associate of the Indian Institute of Bankers.

Mr. Haridas. K. V. is also engaged in humanitarian and philanthropic activities as a member of Payyannur Pain and Palliative Care Society and Malabar Cancer Care Society, Kannur, Kerala.

Mr. Rajesh Laddha

Independent Director

Mr. Rajesh Laddha is an MBA from University of Chicago, USA. He is also a qualified Chartered Accountant from India and a Certified Public Accountant from the USA. Mr. Laddha has served as Executive Director and group Chief Financial Officer at Piramal Group for more than two decades. Mr. Laddha also served as MD and CEO of Shriram Capital from 2017-19. He has also served on the boards of Vodafone India Limited, Shriram Capital Limited and Allergan India Private Limited.

Mr. V. H. Kamath

Independent Director

Mr. V. H. Kamath has over 38 experience in retail and corporate banking, Financial Planning and Investor Relations. Mr. V. H. Kamath is on the Board of Garware Hi-tech films ltd. as an Independent Director. He was Chief Executive officer of Union Bank Social Foundation (UBSFT) an extended arm of Union Bank for CSR activities.Prior to that he was General Manager & Chief Financial Officer in Union Bank of India. He headed various branches, regional offices and corporate office vertical in Union Bank of India.He was also on the Board of Star Union Daichi Life insurance company Ltd. and Union Mutual Fund Trustee company Ltd as nominee director from Union Bank of India.

Mr. V. H. Kamath is Bachelor of Science and Certified Associate of the Indian Institute of Bankers. He holds Diploma in Business Management.

Mr. Kishore Srinivasan

Managing Director & CEO

Mr. Kishore Srinivasan is an Engineer, BE (Mech), ME (Mech ) and MBA. He has been CEO of Pegasus Assets Reconstruction Company Pvt Ltd since January 2018. Prior to joining Pegasus, he has worked in various organisations including Sundaram Clayton Ltd, Lucas TVS Ltd, ICICI Bank Ltd, Avendus Capital Pvt Ltd and Edelweiss Alternative Assets Advisors Limited. He has more than three decades of experience in the stressed asset management domain including in leadership roles.