Piramal Group is led by a dynamic set of professionals who have consistently demonstrated the values of the company. Their leadership is characterised by the example they set and the benchmarks they create. The senior management of the Piramal Group has been widely recognised for their contributions to society and private enterprise in India.

Khushru Jijina

Khushru Jijina

Managing Director, Piramal Finance Ltd.

Khushru Jijina is a Chartered Accountant with an illustrious career spanning well over two decades in the field of real estate, corporate finance and treasury management and has been with the Piramal Group for over 15 years.

Khushru is presently the Managing Director of Piramal Finance Limited and is spearheading the financial services business of the Piramal Group. Piramal Finance focuses on funding opportunities within real estate and non-real estate sectors (under its Corporate Finance Group) such as renewable energy, infrastructure, etc. Under his leadership, the platform is capable of funding across the entire capital stack ranging from early stage private equity, structured debt, senior secured debt, construction finance as well as Flexi Lease Rental Discounting within real estate and mezzanine funding as well as senior secured debt, loan against shares and corporate funding within non-real estate on a sector agnostic basis. As Managing Director, he oversees the entire spectrum of activities ranging from origination, investments, asset management, exits and new fund raising performed by a 150 member management team. Khushru also leads the family office for all proprietary investments and serves as the Group Treasurer.

Piramal Finance Limited also has a third party fiduciary business, Piramal Fund Management, which advises institutional and retail investors alike through opportunistic residential development as well as customised fund management strategies such as the Mumbai Redevelopment Fund focused on slum rehabilitation and the Apartment Fund focused on bulk buying individual units. He has also been instrumental in establishing large separate account mandates and joint ventures with reputed global institutions such as APG, CPPIB and Ivanhoe Cambridge.

Under his leadership, Piramal Finance Limited has received several accolades, including being recognised as the Best Domestic Fund House by CNBC Awaaz in 2014, the Best Overall Investment Manager (India) by Euromoney’s Real Estate Awards in 2015 and 2016 and the Firm of the Year (India) by the PEI Global Private Equity Real Estate (PERE) awards in 2014 and 2016.

He is also on the Board of Shriram Housing Finance Limited and looks after housing finance business in the capacity of non-executive director. Prior to this, he was the Managing Director of Piramal Realty and Executive Director in Piramal Sunteck Realty, where he was responsible for a portfolio of real estate development projects and oversaw all aspects of their execution. He joined the Piramal Group in 2001 as the Vice President-Treasury and had been instrumental in securing debt at the lowest cost for the group, setting new benchmarks in the debt market. He started his career with Rallis, a TATA Group company, where he held several important positions in corporate finance and treasury for more than a decade.

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