annual-report-FY2021

161 MAHINDRA & MAHINDRA LTD. INTEGRATED ANNUAL REPORT 2020-21 and honed his understanding of demographics of the country, socioeconomic needs of different regions and multi-cultural challenges in implementation of LIC’s objectives. Mr. Vijay Kumar Sharma superannuated as Chairman of LIC on 31 st December, 2018. Prior to his taking over as Chairman on 16 th December 2016, he served as Chairman (In charge) from 16 th September, 2016 and Managing Director of LIC from 1 st November, 2013. From December, 2010 to November, 2013, he served as Managing Director & Chief Executive Officer, LIC Housing Finance Limited (LIC HFL), a premier housing finance company in the country. As MD & CEO of LIC HFL, he stabilized the operations under most challenging circumstances of negative media glare, intense scrutiny by Regulator & others and turned it around to be the best Housing Finance Company in 2011. He has been an inspirational leader who utilizes negotiation skills gained over thirty seven years of extensive experience in insurance and financial sectors and strongly connects to the grass root levels, believes in bottom-up approach and has the ability to see the Big Picture and translate it to reality. He is known as Growth Leader, leading the Organisation to surge ahead and turnaround on its growth path in all the segments of performance. Mr. Vijay Kumar Sharma has completed 62 years of age. Mr. Sharma is Non-Executive Non-Independent Director of Mahindra & Mahindra Limited, Director of Tata Steel Limited, Ambuja Cement Foundation, Independent Director of Reliance Power Limited, NURECA Limited, Additional Independent Director of Vidarbha Industries Power Limited and Chairman of Indian Commodity Exchange Limited. Mr. Vijay Kumar Sharma is a Chairman/ Member of the following Board Committees: Sr. No. Name of the Company Name of the Committee Position Held 1. Mahindra & Mahindra Limited Strategic Investment Committee Member 2. Tata Steel Limited Stakeholders Relationship Committee Chairman Safety Health and Environment Committee Member Sr. No. Name of the Company Name of the Committee Position Held 3. Indian Commodity Exchange Limited Advisory Committee Chairman Audit Committee Member Nomination & Remuneration Committee Member Risk Management Committee Member Member and Core Settlement Guarantee Fund Committee Member Standing Committee on Technology Member Regulatory Oversight Committee Member 4. Reliance Power Limited Nomination & Remuneration Committee Chairman Stakeholders Relationship Committee Chairman Audit Committee Member CSR Committee Member Risk Management Committee Member 5. Vidarbha Industries Power Limited Audit Committee Chairman CSR Committee Chairman Nomination & Remuneration Committee Member Mr. Vijay Kumar Sharma does not hold any Ordinary (Equity) Shares in the Company.   Ms. Nisaba Godrej (Independent Director) Ms. Nisaba Godrej is the Chairperson and Managing Director of Godrej Consumer Products Limited (“GCPL”). She has been a key architect of GCPL’s strategy and transformation in the last decade. In 2007, she initiated and led Project Leapfrog, which created a playbook for GCPL to accelerate domestic organic growth through innovation and consolidation, and to become a more global company by investing in emerging markets outside of India. Over the last ten years, GCPL’s market capitalisation has increased twenty-fold and GCPL has developed a very strong, engaged and ambitious team, and is consistently ranked as a great place to work. She has also institutionalised design driven thinking and directly leads product development. Ms. Nisaba is passionate about identifying and developing the talent required for the Godrej Group’s future growth.