Shantanu Nalavadi

Managing Director, India Resurgence Fund (India RF)

Mr. Shantanu Nalavadi is the Managing Director at India Resurgence Asset Management Business Private Limited (IndiaRF), a Piramal Enterprises Limited and Bain Capital Credit Partnership. A Chartered Accountant by profession, Mr. Nalavadi carries with him over two decades of experience in financial services, banking and corporate finance.

In his role at IndiaRF, Mr. Nalavadi oversees a resolution focused investing in distress assets, from the large Indian Non-Performing Loan (NPL) pool, across growth sectors such as industrials, infrastructure, manufacturing, etc., targeting India’s burgeoning demand growth and exports. He spearheads an on-ground team that is not only well-positioned to execute bids and turnarounds with diligence but also structure skills, sponsor engagement, strategic partnerships and operational turnaround.

Previously, he was Co-Head of the Structured Investment Group of Piramal Enterprises Limited, with over US$ 350 Million in assets under management. Prior to this, he was a Partner at New Silk Route Advisors Pvt. Ltd., a Private Equity Fund with over US$ 850 Million in assets under management. His vast tenure of work experience includes global multinationals such as ANZ Grindlays Bank, Star TV and Walt Disney with P/L and business development responsibilities.

Mr. Nalavadi brings with him an experience of investing, creating value and monetising investments across several sectors, including financial services, consumer retail, infrastructure, cement, media, logistics and manufacturing. In creating value for his portfolio companies he actively participated in partnering with strategic / managements for operational improvements, competitive marketing positioning and sustainable expansion.

Mr. Nalavadi articled with Arthur Andersen, India, before qualifying as a Chartered Accountant in 1993.

Ajay Piramal

Chairman, Piramal Group

Dr. Swati A. Piramal

Vice Chairperson, Piramal Group

Nandini Piramal

Executive Director, Piramal Enterprises Ltd.

Anand Piramal

Executive Director, Piramal Group
Non-Executive Director, Piramal Enterprises Ltd.
Founder, Piramal Realty

Vijay Shah

Executive Director, Piramal Enterprises Ltd.
Vice Chairman, Piramal Glass
Chairman, Piramal Glass Ceylon Plc.

Peter DeYoung

CEO, Piramal Global Pharma, Piramal Enterprises Ltd.

Khushru Jijina

Managing Director, Piramal Capital & Housing Finance Ltd.

Vivek Sharma

CEO, Decision Resources Group

Nitish Bajaj

CEO, Consumer Products Division

Harinder S. Sikka

Group Director - Strategic Business

Paresh Parasnis

CEO, Piramal Foundation

Vivek Valsaraj

President & CFO, Piramal Enterprises Ltd.

S.K. Honnesh

Group General Counsel, Piramal Group

Vikram Bector

President & Chief Human Resources Officer, Piramal Enterprises Ltd.

Viral Gandhi

President & CIO, Piramal Group

Management Advisors

Shikhar Ghosh

Professor, Harvard Business School

Nitin Nohria

Dean, Harvard Business School