Mr. Arjun Lamba is serving as Managing Director of Religare Enterprises Limited. He is responsible for driving the Company’s strategic priorities, strengthening governance, supporting business transformation initiatives, and creating long-term value for all stakeholders. Prior to this, he served as a Non-Executive, Non-Independent Director on the Board of Religare Enterprises Limited. Mr. Lamba holds a BBA from École Les Roches, Switzerland.
Mr. Lamba is also the founder of Guardian Advisors Private Limited, a SEBI-registered Portfolio Management Services (PMS) firm established in 2005. With over 23 years of experience in India’s capital markets, he has built deep expertise in equity investing and portfolio management. He has extensive experience in mergers and acquisitions and has played a critical role in the acquisitions and strategic transformation of both Eveready Industries and Religare Enterprises on behalf of the Burman group.
Mr. Lamba has also worked with Span Investments and Kotak Securities. He also serves as a Non-Executive, NonIndependent Director on the Board of Eveready Industries India Limited.
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Mr. Gurumurthy Ramanathan is a seasoned banking professional with 38 years of experience in India and overseas. His distinguished career encompasses leadership roles in corporate and institutional banking, wholesale banking, risk management, and governance across global and Indian institutions, including Bank of America, Standard Chartered, and the State Bank of India (SBI). During his tenure at RBL Bank, he oversaw assurance, technology, operations, and credit function and headed Corporate and Institutional Banking during a transformational phase of the bank’s growth. In other roles, Mr. Gurumurthy managed strategic client relationships and contributed to organisational development.
Mr. Gurumurthy’s career achievements include building and leading transformation initiatives at RBL Bank after 2011, where he was instrumental in regulatory engagement and governance restructuring. He retired as Head of Governance at RBL Bank. Prior to this, at Standard Chartered, he established and headed the FI Strategic Coverage Group.
His academic credentials include a B.A. from the University of Delhi and certification as an Associate of the Indian Institute of Bankers. Currently, he serves on the boards of Axis Capital Ltd., a subsidiary of Axis Bank, Simplex Infrastructures Ltd., Care Health Insurance Ltd., Religare Broking Ltd., and Religare Finvest Ltd. Known for his collaborative leadership style, Mr. Gurumurthy enjoys mentoring teams and advocates risk culture, integrated governance, and innovation in banking.
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Mr. Suresh Mahalingam brings over 35 years of experience in strategy, marketing, and transformation across the BFSI and FMCG sectors, along with more than 15 years of board experience across leading financial services institutions. He currently serves as an Independent Director and Chairperson of Aviva India and serves on the boards of Care Health, Religare Enterprises, Muthoot Housing Finance, Religare Broking, Religare Housing, Religare Finvest, and Ratnadeep Retail. He has previously served on the boards of Principal AMC, Aadhar Housing Finance, Navi General Insurance, Pramerica Life, Avanse Financial Services, and PGIM India Asset Management.
During his executive career, he served as MD and CEO of Tata AIA Life and held senior positions at HDFC Life and ITC. He was also a member of the Group Council at WGC. He continues to advise fintech, insurtech, healthtech, and edtech startups, as well as private equity firms, and serves on several advisory boards.
A certified leadership and team coach, Mr. Mahalingam is an alumnus of IMI India and the Advanced Management Program at the Kellogg School of Management. He is guided by a peoplefirst approach to leadership and remains committed to supporting organisations through growth and transformation with clarity and purpose.
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Mr. Shrikant Shreeniwas Somani is an entrepreneur with extensive experience in the renewable energy sector, particularly in small hydropower projects. With over 23 years of industry experience, he has led the development and management of multiple hydropower assets across Maharashtra and Himachal Pradesh. As the founder and head of a group that operates six hydropower projects with a combined capacity of approximately 27 MW, he has developed considerable expertise in this field.
Mr. Somani’s entrepreneurial ventures include overseeing operations at Vindhyachal Hydro Power, DSL Hydrowatt, Darjeeling Power, and Solding Hydrowatt. These roles reflect his experience in developing commercially successful small hydro plants in collaboration with state electricity boards and private buyers.
Mr. Somani has supplied green energy to major corporations such as Tata Consultancy Services and the Hiranandani Group. Also, he initiated commercial hydropower production in Himachal Pradesh in 2024.
Mr. Somani holds a Bachelor of Commerce from Sydenham College of Commerce & Economics, Mumbai University, which he completed in 1989. He currently serves as an Independent Director on the boards of IG Petrochemicals Limited and Inox India Limited.
Beyond his professional endeavors, Mr. Somani is deeply committed to education through his role in the Shree Hazarimal Somani Memorial Trust. He leads initiatives at B.D. Somani International School and G.D. Somani Memorial School in Mumbai. The Trust has also established B.D. Somani International School in Kharghar, Navi Mumbai.
T&C of appointment of Independent Non-Executive Directors
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Mr. Rajender Mohan Malla is a seasoned banker and financial leader with over 40 years of experience across premier banking institutions, non-banking financial companies (NBFCs), and regulatory bodies in India. His extensive expertise covers sectoral financing, capital markets, regulatory frameworks, and international resource mobilisation.
Throughout his distinguished career, Mr. Malla has held leadership roles at several institutions, including Syndicate Bank, the Industrial Development Bank of India (IDBI Bank), the Small Industries Development Bank of India (SIDBI), the Industrial Finance Corporation of India (IFCI), and PTC India Financial Services Ltd. He has extensive experience working with both domestic and foreign financiers, as well as developing and executing capital-raising strategies for major infrastructure and industrial projects.
Mr. Malla has made significant contributions to the financial sector, notably as a member of the Primary Market Committee at SEBI. His work spans capital market operations and project finance, including the mobilisation of funding from global institutions such as the World Bank and the Asian Development Bank (ADB). He is also dedicated to promoting financial literacy and entrepreneurship.
Previously, Mr. Malla served on the Board of the Management Development Institute (MDI), Gurgaon, and as President of the Entrepreneurship Development Institute (EDI), Ahmedabad. He was also involved with the National Institute of Securities Markets (NISM) and the Jawaharlal Nehru Institute of Banking and Finance. He also served as an External Examiner at the Faculty of Management Studies, University of Delhi.
Currently, Mr. Malla serves as a Non-Executive, Independent Director on the boards of Adani Finserve Private Limited, NCC Limited, Srifin Credit Private Limited, and Waaree Energies Limited. He also serves as a Director of Centillion Finance Private Limited.
T&C of appointment of Independent Non-Executive Directors
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Ms. Preeti Madan brings over four decades of experience, most of which was gained through distinguished service across various cadre posts in the Indian Economic Service. A seasoned economist and public policy expert, she has held leadership positions across various ministries of the Government of India, with particular expertise in infrastructure, industrial promotion, financial services, and gender policy.
Ms. Madan superannuated from the Indian Economic Service as Principal Economic Adviser to the Government of India. As Principal Economic Adviser at the Department for Promotion of Industry and Internal Trade (DPIIT), Ms. Madan was involved in matters related to industrial policy and fiscal policy for the manufacturing sector. She also held the position of Joint Secretary at the Ministry of Women and Child Development and served as Member Secretary of the National Commission for Women.
Currently, Ms. Madan serves on the Board of Governors of the India Water Partnership. Previously, she represented the India Water Partnership on the Regional Council of the Global Water Partnership network. She served as an Independent Director on the Board of WAPCOS Ltd. until July 2022. Her commitment to inclusive development, particularly through gender-sensitive policy formulation, and her deep experience in governance and stakeholder engagement make her a valuable addition to the Board’s deliberations.
Ms. Madan’s academic foundation includes a B.A. (Hons) in Economics from Lady Shri Ram College, University of Delhi, an M.A. in Economics from the Delhi School of Economics, and a Postgraduate Diploma in Management from Concordia University, Montreal, Canada
T&C of appointment of Independent Non-Executive Directors
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Mr. Ranjan Dwivedi is a highly accomplished civil servant and international development advisor with nearly four decades of experience spanning law enforcement, governance, public administration, and global health. A 1979-batch Indian Police Service officer, he superannuated as Director General of Police in 2016 after a distinguished career that included serving as Special Secretary to the Governor of Uttar Pradesh during President’s Rule, overseeing a dozen government departments. His diverse professional journey extended beyond traditional policing to include training civil servants at the Lal Bahadur Shastri National Academy of Administration in Mussoorie, where he coordinated the management faculty, with a teaching and research focus on finance and project management.
Mr. Dwivedi’s international experience includes having served as part of the WHO Resource Mobilisation team in Geneva, where he raised significant international funding for global health programs, and later as the eHealth focal point and Technical Advisor for WHO and UNAIDS in India, leading initiatives in digital health and access. His academic foundation includes a B.A. (Hons) in Economics from St. Stephen’s College, University of Delhi, an MBA from the Indian Institute of Management, Ahmedabad, and mid-career academic work at Columbia University, New York. He is also a recipient of the President of India Police Medal for Meritorious Service and currently serves on boards and committees in health, human rights, chambers of commerce, and policy domains. His personal interests include promoting India’s cultural heritage, supporting cultural tourism, and mountaineering. He is fluent in Hindi, Urdu, English, and French.
T&C of appointment of Independent Non-Executive Directors
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Mr. Praveen Kumar Tripathi is a seasoned civil servant with over four decades of distinguished service in the Indian Administrative Service (IAS). He is recognised for his dynamic leadership and human-centric approach to governance. His illustrious career included service as Chief Secretary and Principal Secretary to the Chief Minister of the Government of NCT Delhi, as well as chairing the Public Grievances Commission and the Police Complaints Authority for five years until his retirement in 2017. Throughout his tenure, he held critical administrative positions in both central and state governments, demonstrating leadership across various sectors, including infrastructure, mass communication, urban development, and public finance. Mr. Tripathi’s professional journey included key roles, including Joint Secretary at the Ministry of Information and Broadcasting, Director of the Indian Institute of Mass Communication, CEO of the Delhi Jal Board, Commissioner of Sales Tax for NCT Delhi, and Commissioner of Excise and Entertainment Tax for NCT Delhi.
He also served as Director of the Total Literacy Campaign under the Ministry of Human Resource Development and held significant leadership positions in Arunachal Pradesh and the Andaman and Nicobar Islands, including the role of Development Commissioner. His academic credentials include an M.A. in Political Science from the University of Allahabad, where he was also a gold medalist at the undergraduate level. Mr. Tripathi has extensive board experience, having served on the governing councils of organisations such as Apollo Hospitals, Delhi Metro Rail Corporation (DMRC), Tata Power, BSES Rajdhani and Yamuna, the Institute of Biliary and Liver Sciences in Delhi, and the National Law School in Delhi. This reflects his commitment to excellence in administration, policy execution, and public welfare.
T&C of appointment of Independent Non-Executive Directors
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Mr. Malay Kumar Sinha is a distinguished former civil servant with over three decades of experience in India’s internal security, diplomacy, and strategic affairs. He retired in September 2016, culminating his career as Secretary (Security) in the Cabinet Secretariat at Rashtrapati Bhawan. Throughout his tenure, he held senior positions in the Indian Police Service (IPS), the Intelligence Bureau (IB), and the Ministry of External Affairs. Known for his strategic foresight and operational leadership, Mr. Sinha played a pivotal role in several national and international operations. Notably, he led the evacuation of Indian nationals from Benghazi by sea during the Libyan conflict in 2011 while serving as Joint Secretary in the Ministry of External Affairs.
His diverse career included leadership roles in the UP Police, the Intelligence Bureau (IB), and the Ministry of Home Affairs. He also represented India abroad in sensitive assignments related to intelligence and bilateral cooperation. Mr. Sinha holds a B.A. (Hons) and an M.A. in Humanities from Delhi University, as well as an M.Phil. in Strategic Studies from Madras University. He is an alumnus of both the FBI National Academy in Quantico, Virginia, and the National Defence College in New Delhi. He is a recipient of the President’s Police Medal for Distinguished Service and the Police Medal for Meritorious Service.
Mr. Sinha also served as Secretary of the All India Police Sports Control Board for several years. His commitment to athletics and sports in law enforcement, along with his enduring interest in national security studies and international affairs, reflects his multifaceted approach to public service and strategic thinking
T&C of appointment of Independent Non-Executive Directors
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Dr. Rashmi Saluja is a doctor and an entrepreneur. She is an MBBS, MD & MBA Finance), LLB and PhD by qualification. Dr. Saluja has administrative experience of more than 25 years, setting up institutions and being involved in social and charitable activities.
Dr. Saluja joined the Board of Religare Housing Development Finance Corporation Limited RHDFCL) on March 8th, 2019. She is also the Executive Chairperson of Religare Enterprises Limited REL), the holding company of Religare Group and ultimate holding company of RHDFCL. REL is a Core Investment Company CIC) registered with RBI and a holding company for the subsidiary companies conducting diversified financial services businesses. The key subsidiaries of REL are namely Religare Finvest Limited RFL), Religare Housing Development Finance Corporation Limited RHDFCL), Religare Broking Limited RBL) and Care Health Insurance Limited CHIL). Dr. Saluja also serves as the Chairperson and Managing Director at Religare Finvest Limited, the SME lending NBFC arm of Religare Group. Dr. Saluja has led the Religare Group from the front, through challenging times, to rebuild a strong and integrated financial services Group.
Dr. Rashmi Saluja also serves as Non-Executive Chairperson of Care Health Insurance Limited and Religare Broking Limited, respectively.
T&C of appointment of Independent Non-Executive Directors

Mr. Malay Kumar Sinha has done his B.A. (Hons) and M.A. from Delhi University in Humanities and M.Phil from Madras University in Strategic Studies.
He started his career as an Executive in TISCO, Jamshedpur and in 1981 joined the Indian Police Service. After serving in UP Police and IB, MHA, in different capacities, both in India and abroad, he worked as Joint Secretary in the MEA and finally as Secretary Security, Cabinet Secretariat, Rashtrapati Bhawan, from where he superannuated in September 2016.
He is an alumnus of FBI National Academy, Quantico, Virginia, USA and National Defence College, New Delhi. As Joint Secretary in the MEA he had led the evacuation of Indians in Bengazi area from the sea during the war in Libya in 2011. He has been a keen sportsperson and was Secretary of All India Police Sports Control Board for several years. He is a recipient of Police Medal for Meritorious Service and President’s Police Medal for Distinguished Service.

Mr. Hamid Ahmed born in New Delhi, India in 1977 did schooling from St. Columba’s School New Delhi. In 1998, he completed B.A. (Eco.) from Delhi University. He started his career as a Trustee of Hamdard Laboratories India after getting his M.B.A. from London, U.K in the year 2000. He was appointed as a Trustee by his grandfather and the founder of Jamia Hamdard Late Hakeem Abdul Hameed in 1995.
He took over as the Chief Executive Officer (CEO) of Hamdard Laboratories India (HLI) in 2016, holding reins of the organisation he joined in 2000. With his dynamic spirit and leadership abilities, as CEO of HLI, he is a professional with valuable experience to steer the company ahead in its growth plans. Spanning a career of over 22 years’ experience, he has travelled widely across India and abroad and handled diverse portfolios that have helped him understand the dynamics of the Unani and Food Industry. He is well-versed in the intricacies of India's regional diversities and consumer needs.
Mr. Hamid Ahmed has also served as a Chancellor of Jamia Hamdard, a Deemed to be University. Mr. Ahmed is an eminent business personality based in New Delhi. He currently serves as the Chief Executive Officer and Trustee of Hamdard Laboratories India – Foods Division. In addition, he is also serving as Founder and President of Unani Drug Manufacturers Association (UDMA).
As a member of Hamdard National Foundation (India) – HECA, Hamid Ahmed has been a distinguished philanthropist who has worked diligently on education, charitable activities and upliftment of the poor sections of society.
As a member of Business and Employment Bureau, Hamid Ahmed has worked extensively in the area of skill development and employment opportunities for the backward classes and economically weaker sections.
In 2022, he was felicitated by the Rotary Club of Delhi South, with the prestigious Paul Harris Fellow, for his services to the community, including a tree plantation drive, facilitating 42,000 vaccinations in two centres in Delhi and for Holistic Health Camps for COVID care for the society.

Mr. Tripathi is a retired IAS officer. During his illustrious career, as an IAS officer, spanning over 40 years in public service 1977 to 2017 December (including 5 years as Chairman - Public Grievances Commission & Police Complaints Authority), he held various key senior positions at State and Centre level such as Principal Secretary to Chief Minister, Govt. of NCT Delhi; Chief Secretary – Govt. of NCT Delhi; Joint Secretary - Ministry of Information & Broadcasting, Govt. of India; Director - Indian Institute of Mass Communication; CEO - Delhi Jal Board, NCT Delhi; Commissioner Sales Tax - NCT Delhi; Development Commissioner & Chief Electoral Officer - A&N Islands; Director Total Literacy Campaign (National Literacy Mission) - Department of Education, Ministry of HRD; Commissioner Land - Delhi Development Authority; Commissioner Excise & Entertainment Tax – NCT Delhi; Secretary - New Delhi Municipal Committee; Deputy Commissioner and Secretary to Lt. Governor in Arunachal Pradesh etc. He has also been on the Board / Governing Council of Indraprastha Apollo Hospital, Delhi Metro Rail Corporation, TATA Power Ltd., BSES Rajdhani Power Ltd., BSES Yamuna Power Ltd., Institute of Biliary and Livery Sciences, Delhi, and National Law School, Delhi.
Dynamism and human approach are the hallmark of his persona. He is known as committed professional having rich and varied experience. He has successful leadership and governance abilities, expertise in management and administrative matters, project execution and operational matters. His firm and tactful handling of sensitive and tricky issues has seen the organisation, with which he was associated, emerge a winner at all times.
Mr. Tripathi is a post graduate in political science from Allahabad University and a Gold Medalist for securing highest marks in political science at under-graduate level in the University.

Mr Ranjan Dwivedi has a long and varied career of 39 years in a range of organizations. Starting as a Consultant with Ministry of Industry, Govt. of India, he joined the Indian Police Service in 1979 where he superannuated in 2016 as Director General of Police.
Besides Law Enforcement, he also worked as Special Secretary to HE The Governor of UP during President’s Rule assisting in the supervision of more than a dozen departments of the Government of UP. He was with the LBS National Academy of Administration Mussoorie for more than four years, training Civil Servants besides coordinating the Management Faculty with teaching interest in Finance and Project Management.
He spent a decade with UN organizations. Starting with WHO Headquarters Geneva in the Department of Resource Mobilization in 1999, he raised funds from international institutions, governments, private sector, and foundations globally for health initiatives across the world. Later he was the focal point for eHealth and Technical Advisor with UNAIDS in India.
Currently he is engaged on various Boards and other positions in public institutions viz. Institute of Medical Sciences, National Human Rights Commissions etc.
After a B.A (Hons) in Economics from St Stephen’s College, he completed his MBA from IIM Ahmedabad and mid-career, did follow-up academic work at Columbia University, New York.
He speaks Hindi, Urdu, English, and French.
He is a recipient of several awards including the President of India’s Police Medal for Meritorious Service.
He is keenly interested in Promotion and Conservation of Heritage, Cultural Tourism and Mountaineering.

Ms Preeti Madan currently serves as a Regional Council member representing India Water Partnership (IWP) which is a part of the Global Water Partnership, an international network to foster integrated approach to water resource management. She served as independent Director on the board of WAPCOS Ltd for three years upto July 2022.
She is also an Honorary adviser to the Indus Action, a voluntary organisation for under-privileged children.
An alumnus of the Lady Shriram College (BA Eco Hons: 1975-78) and the Delhi School of Economics (Masters in Economics: 1978-80), she joined the Indian Economic Service in 1981 and served in positions of increasing responsibility in State/ UT Governments and the Central Government. She acquired a Post Graduate Diploma in Management (1997- 99) from Concordia University (Montreal, Canada) during the course of her career.
During her 4-decade long experience in government that included heading delegations and multidisciplinary committees, she interacted with stake- holders including industry associations/ federations at top levels. She was involved in formulation and implementation of policy relating to Infrastructure (DEA); Industrial Promotion (DIPP); and in bilateral and multilateral negotiations in the Financial Services sector.
Ms Madan brings onboard a gender perspective through her diverse experiences in related sectors. She was posted as Joint Secretary in Ministry of Woman and Child Development and served as a Member Secretary to the National Commission for Women (September 2015 to December 2016) at Additional Secretary level.
She superannuated from the Government service at the post of Principal Economic Adviser, Department of Industrial Policy & Promotion, where she dealt with issues relating to industrial policy, including fiscal and investment matters. During this period Ms Madan co-chaired the Task Force on Make in India and Transfer of Technology for the Mumbai-Ahmedabad High Speed Rail Project (MAHSR) in Department of Industrial Policy & Promotion.
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