RPSG Ventures Limited
[ formerly known as CESC Ventures Limited ]
Board of Directors
Dr. Sanjiv Goenka
Chairman / Non-executive Non-Independent Director
With an asset base of over USD 4.3 billion, the RP-Sanjiv Goenka Group has Dr. Sanjiv Goenka as its Chairman. The Group has over 50,000 employees and over a hundred thousand shareholders with annual revenues of up to USD 2.6 billion.
The Group's businesses spanning across six sectors - Power & Natural Resources, Carbon Black, Retail, Media & Entertainment and IT & Education, include flagship companies such as CESC Limited, Firstsource Solutions Ltd., PCBL Chemical Ltd and Saregama India Ltd.
Born in 1961, Dr. Sanjiv Goenka is currently the Honorary Consul of Canada in Kolkata. In April 2001, he took over as the youngest-ever President of the Confederation of Indian Industry (CII), was appointed Chairman of the Board of Governors of the Indian Institute of Technology, Kharagpur (IIT-KGP) and currently serves on the board of the Indian Institute of Management, Kolkata (IIM-Kolkata).
Dr. Sanjiv Goenka was a former President of the Confederation of Indian Industries (CII) as well as the All India Management Institute (AIMA), and a member of the Prime Minister's Council on Trade & Industry. He is also the current Chairman of the Board of Directors of Woodlands Medical Centre Ltd, Kolkata.
The younger son of the RP-Sanjiv Goenka Group's Chairman Emeritus, Late Dr.Rama Prasad Goenka, Sanjiv Goenka is married to Preeti. They have a daughter, Avarna, and a son, Shashwat.
Since its establishment as a family business by Ramdutt Goenka in 1820, the Goenkas have constantly innovated and diversified, adapting to changing times and laws, evolving from the domains of banking, textiles, tea and jute, to new-age ones industries such as Retail, IT and Communications, Entertainment, Power, Transmission, Tyres and Life Sciences.
Sanjiv Goenka is extremely optimistic about today’s India and enthused by basic data such as the emergence of a large and young working population with a median age of 24, the rising number of urban nuclear families, working women and emerging opportunities in the service sector. He sees infrastructure creation and retail as sharing a symbiotic relationship, emerging as a in as a major contributor to the GDP, the exchequer, and job creation in the future.
Sanjiv Goenka believes there is no replacement for the age-old virtues of sheer hard work, clear vision and the courage to bring an entrepreneurial streak into management. For him, there are no secrets to success which do not spring from perseverance, preparation, hard work and learning.
Details of Directorship and full-time position in Body Corporates held:
| Sl. No. | Company Name | Designation |
|---|---|---|
| 1 | RPSG Ventures Limited | Director |
| 2 | CESC Limited | Director |
| 3 | PCBL Chemical Limited | Director |
| 4 | Firstsource Solutions Limited | Director |
| 5 | Saregama India Limited | Director |
| 6 | Haldia Energy Limited | Director |
| 7 | Spencer and Company Limited | Director |
| 8 | Spencer International Hotels Limited | Director |
| 9 | Dhariwal Infrastructure Limited | Director |
| 10 | ATK Mohun Bagan Private Limited | Director |
Dr. Shashwat Goenka
Non-executive Non-Independent Director
Dr. Shashwat Goenka, is a graduate from The Wharton School of Business. University of Pennsylvania. Philadelphia. with a Bachelor of Science in economics. specializing in finance, marketing and management. Dr. Goenka is the immediate past President of Indian Chamber of Commerce and current Chairman of CII National Committee on Retail and FICCI Young Leaders Forum. He is also Executive Committee Member - National Executive Council, Federation of Indian Chambers of Commerce & Industry and Director - Retailers Association of India (RAI). Currently. Mr. Goenka is the Sector Head of RP-Sanjiv Goenka Group’s Retail & FMCG sector.
Details of Directorship and full-time position in Body Corporates held:
| Sl. No. | Company Name | Designation |
|---|---|---|
| 1 | RPSG Ventures Limited | Director |
| 2 | CESC Limited | Director |
| 3 | PCBL Chemical Limited | Director |
| 4 | Firstsource Solutions Limited | Director |
| 5 | Spencer's Retail Limited | Director |
| 6 | Dhariwal Infrastructure Limited | Director |
| 7 | Purva Green Power Private Limited | Director |
| 8 | Retailers Association of India | Director |
Mr. Sudhir Langer
Whole-time Director
Mr. Sudhir Langer holds a Bachelor’s Degree in Architecture from Chandigarh College of Architecture. He further pursued his academic journey by obtaining a PGDBM in Marketing from MDI Gurgaon. Mr. Langer is an accomplished FMCG professional with over 20 years of experience in strategic brand management, sales, strategy and marketing management. From pioneering innovative marketing strategies to orchestrating remarkable turnarounds, his professional journey exemplifies a commitment to leadership, operational excellence and strategic foresight. In his previous assignment he served as the Chief Executive Officer at Organic India, Chief Executive Officer at Raymond Consumer Care and notable roles at Tata Consumer Products, Reckitt Benckiser and Colgate Palmolive India.
Details of Directorship and full-time position in Body Corporates held:
| Sl. No. | Company Name | Designation |
|---|---|---|
| 1 | RPSG Ventures Limited | Whole-time Director |
| 2 | Guiltfree Industries Limited | Director |
| 3 | Apricot Foods Private Limited | Director |
Mr. Arjun Kumar
Independent Director
Mr. Arjun Kumar, holds a bachelor's degree in Education and Physics from the Homerton College, University of Cambridge. He has been serving as the Managing Director in Naresh Kumar & Company Private Limited ("NKCPL") since 2000. Apart from successfully spearheading the business of the Company, he has the acumen and vast experience in the field of amalgamation, merger, business acquisition, startups, corporate law, finance and one of the pioneers in the implementation of SAP and MIS.
During his tenure as the Managing Director of NKCPL, he has been instrumental in inter alia the conclusion of the amalgamation of eight firms into NKCPL, implementation of SAP and total computerisation of accounts and MIS and in building an asset block of dewatering plants, stockyards, vehicles, loaders, excavator and similar equipment which can be deployed as per the needs of clients.
Details of Directorship and full-time position in Body Corporates held:
| Sl. No. | Company Name | Designation |
|---|---|---|
| 1 | RPSG Ventures Limited | Independent Director |
| 2 | CESC Limited | Independent Director |
| 3 | Naresh Kumar & Company Pvt. Ltd. | Managing Director |
Mr. Kalaikuruchi Jairaj
Independent Director
K. Jairaj was a member of the elite Indian Administrative Service (IAS), for over three decades until 2012. He had leadership assignments in public governance, energy, urban development, transport, finance and infrastructure areas, capping his illustrious career as Additional Chief Secretary, Government of Karnataka.
Among key assignments held were:
- Principal Secretary to the Karnataka Chief Minister;
- Principal Secretary - Energy;
- Managing Director - Karnataka Power Corporation Ltd;
- Commissioner - Bangalore City Corporation (BBMP);
- Managing Director- Karnataka State Road Transport Corporation
- Commissioner for Commercial taxes.
He spearheaded the establishing of the Bangalore International Airport (BIAL), as Special Officer and Founder Managing Director. BIAL, had N R Narayanamurthy (Founder, Infosys Ltd) as Chair, and was India’s first Greenfield Airport, under Private Public Partnership.
Jairaj worked in the World Bank, Washington D.C. as Senior Public Sector Management Specialist, Africa Region, focusing on Governance & budgeting in Nigeria, Ghana & Ethiopia.
He is currently an Independent Director on the Boards of several publicly listed and Private Companies, in the Energy, Logistics, Infrastructure, Retail and Engineering Services, Packaged Food domains. He has served as Public Policy Advisor, E& Y; Manipal Group and mentors startups.
Jairaj is actively involved in Higher Education and not-for-profit organisations:
- Member, Board of Governor, Dayananda Sagar University, Bangalore;
- Managing Trustee, mLAC, Bangalore
- Former Trustee & Chair of B.M.S Institutions, Bangalore
- President, AMC (An organisation for the intellectually challenged)
- Working President and Sri Krishna Seva Ashrama Hospital (Affordable Care).
Jairaj has been active in the Management movement and has held the following positions:
- President, All India Management Association, (AIMA)
- Member, Board of Governors, Indian Institute of Management, Bangalore;
- Member, Board of Governors, Indian Institute of Management, Kashipur;
- Senior Fellow, Centre for Public Policy, I.I.M, Bangalore
His Academic background spans Economics, Public Policy and Management.
- M.P.A. Kennedy School of Government, Harvard University (Edward S Mason Fellow)
- M.P.A, School of Public & International Affairs, Princeton University
- M.A Economics, Delhi School of Economics
- B.A. Hons in Economics, Bangalore University
Details of Directorship and full-time position(s) held in Body Corporates:
| Sl. No. | Company Name | Designation |
|---|---|---|
| 1 | Adani Energy Solutions Limited | Independent Director |
| 2 | RPSG Ventures Limited | Independent Director |
| 3 | PCBL Chemical Limited | Independent Director |
| 4 | Thejo Engineering Limited | Independent Director |
| 5 | Maharashtra Eastern Grid Power Transmission Company Limited | Director |
| 6 | Adani Electricity Mumbai Limited | Director |
| 7 | SEIL Energy India Limited | Director |
| 8 | Mumbai International Airport Limited | Director |
| 9 | Navi Mumbai International Airport Private Limited | Director |
| 10 | Sembcorp Green Infra Limited | Director |
| 11 | Neo Foods Private Limited | Director |
Ms. Kusum Dadoo
Independent Director
Ms. Kusum Dadoo is a Science and a Law Graduate from Calcutta University Ms. Dadoo has done attorneyship from Calcutta High Court. She was associated with Khaitan & Co. Advocates, for over 39 years and has huge experience in Real Estate, Banking and Finance related matters.
Details of Directorship and full-time position(s) held in Body Corporates:
| Sl. No. | Company Name | Designation |
|---|---|---|
| 1 | RPSG Ventures Limited | Independent Director |
| 2 | CESC Limited | Independent Director |
| 3 | Saregama India Limited | Independent Director |
| 4 | Bhiwani Vanaspati Limited | Independent Director |
| 5 | Advaya Chemical Industries Limited | Independent Director |
| 7 | PCBL (TN) Limited | Independent Director |