Integrated Report & Annual Accounts 2018-19 | 74th year

Board of Directors LEADING US TO THE FUTURE

Mr Ratan N. Tata Mr Mr Nasser Munjee Chairman Emeritus Chairman & Non-Executive Director Non-Executive, Independent Director Mr Tata was the Chairman of Mr Chandrasekaran is the Chairman of the Mr Munjee is on the Boards of various Private Limited from 1991 till his retirement in Board of Tata Sons Private Limited, the holding multinational companies and trusts. December 2012. He also chaired the Boards company of the . His appointment as He is a Technical Advisor on the World Bank’s of major operating Tata companies and the Chairman followed a 30-year business career at Public-Private Partnership Infrastructure Tata Trusts. Under his stewardship, various Tata Consultancy Services, which he joined from and Advisory Fund, and the Chairman of group restructuring initiatives were undertaken university rising through the ranks to become Development Credit Bank (DCB). He has served to leverage global opportunities for the Tata the Chief Executive Officer (CEO) and Managing with HDFC Bank for over 20 years, across group, the salt-to-software conglomerate, Director. He was appointed as a Director on the various positions. He was the Managing Director growing revenues and profitability by over Board of the Reserve Bank of India in 2016 and on of Infrastructure Development Finance Co. 40 times. He was on the Company’s Board for the International Advisory Council of Singapore’s Ltd. (IDFC). more than three decades from 1981 till his Economic Development Board in 2018. He is also He holds graduate and post-graduate degrees retirement, and was Chairman during the last the Co-Chair of the India US-CEO Forum. from the London School of Economics. 24 years. He is the Chairman of the Tata Trusts, which are among India’s oldest, non-sectarian philanthropic organisations that work in several areas of community development. He also chairs the Council of Management of Tata Institute of Fundamental Research and is a trustee of Cornell University and University of Southern California.

Mr O P Bhatt Ms Hanne Sorensen Non-Executive, Independent Director Non-Executive, Independent Director Mr Bhatt is on the Boards of several companies, Ms Sorensen, a Danish national, is on the including Standard Chartered Bank, Tata Boards and Committees of various international Consultancy Services, and Hindustan companies. She was engaged in various roles Unilever. He was the Chairman of the State within the A.P. Moller–Maersk A/S Group in Bank Group. Besides chairing the Indian Banks' Denmark between 1994 and 2016, serving as Association, he has served as the Indian diplomat the CEO of Damco, the CEO of Maersk Tankers, on the India-US CEO Forum, Indo-French CEO and Senior Vice-President and Chief Commercial Forum and Indo-Russia CEO Forum. Officer of Maersk Line.

He was the National Science Talent Search She is a post-graduate in Economics and Scholar in Physics at DAV College, Dehradun, and Management from the University of Aarhus. holds a post-graduate degree in English Literature from Meerut University.

24 The strong fundamentals (6-43) INTEGRATED REPORT (1-77)

Our Board of Directors guide our path to the future, while being supported by our Executive Management Committee.

STATUTORY REPORTS (78-195)

Mr Vinesh K Jairath Prof Dr Ralf Speth Ms Falguni S Nayar Non-Executive, Independent Director Non-Executive Director Non-Executive, Independent Director Mr Jairath has served in several important Prof Dr Speth is on the Board of Jaguar Land Ms Nayar is, at present, the founder and CEO of positions with the Government of India and the Rover Automobile PLC, UK, and is its CEO. With an a promising e-commerce start-up, Nykaa.com. State Government of Maharashtra. He has over experience of 20 years at BMW, he served as She has spent over 19 years with Kotak Mahindra 25 years’ experience in public administration, rural the Director of Production, Quality and Product Bank, with the last six years as Managing Director development, infrastructure, finance, industry Planning at 's Premier and CEO of Kotak Investment Bank. environmental management and the private Automotive Group. sector, as part of the Indian Administrative Service. She is an Indian Institute of Management, He holds a doctor degree in Mechanical Ahmedabad alumnus. He is a post-graduate in Economics from the Engineering and Business Administration from University of Manchester. Warwick University and an Engineering degree FINANCIAL STATEMENTS (196-395) from Rosenheim University, Germany.

Ms Vedika Bhandarkar Mr Mr Satish Borwankar Non-Executive, Independent Director CEO and Managing Director COO & Executive Director Ms Bhandarkar brings more than 25 years of Mr Butschek has over 25 years’ global experience Mr Borwankar started his career with the experience with Indian and international financial in international automotive management. Company in 1974 as a Graduate Engineer Trainee institutions. At present, she is engaged with Besides Daimler AG, he has worked in the Airbus and has served in various operating functions like Waterorg, a not-for-profit organisation. She was group as its Chief Operating Officer and a member manufacturing, quality, vendor development and Vice Chairman and Managing Director at Credit of the Group Executive Committee. strategic sourcing, rising through the ranks to Suisse Securities (India) Private Limited from 2010 become its Executive Director and Chief Operating He is a graduate in Business Administration and to 2015. Officer. Economics with a Diploma from the University of She is an MBA scholar from the Indian Institute of Cooperative Education, Stuttgart. He is a graduate in Mechanical Engineering from Management, Ahmedabad and a Science graduate Indian Institute of Technology, Kanpur. from the MS University, Udaipur.

COMMITTEES Audit Nomination and Remuneration Stakeholders' Relationship Corporate Social Responsibility Risk Management Safety, Health and Sustainability

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