CORPORATE GOVERNANCE 193 Board Committee Memberships: Sr. No. Name of the Company/Entity Name of the Committee(s) Position Held 1. Life Insurance Corporation of India Executive Committee Member Investment Committee Member Audit Committee Special Invitee Policyholders Protection Committee Member Building Advisory Committee Member 2. National Insurance Academy, Pune Academic Council Member Governing Board Member 3. Insurance Institute of India Council Member 4. Mahindra & Mahindra Limited Strategic Investment Committee Member (appointed w.e.f. 17th May, 2024) The GNRC has identified certain skills and capabilities required by the Directors of the Company. The skill sets possessed by Mr. Sat Pal Bhanoo are aligned to those identified by GNRC and complete details of the same are provided in the “Matrix setting out the core skills / expertise / competence of the Board of Directors” forming part of this Report. Mr. Sat Pal Bhanoo does not hold any Ordinary (Equity) Shares in the Company. Mr. Sat Pal Bhanoo has not resigned as a Director from any listed Company in the past three years and is not inter-se related to any other Director or KMP of the Company. Mr. Haigreve Khaitan [Independent Director] Mr. Haigreve Khaitan is the Partner of Khaitan & Co. He is responsible for the Firm’s strategic growth and development. Under his guidance, Khaitan & Co has grown to become India’s largest full-service law firm and the most advanced legal institution in the country. With over 30 years of professional experience, Mr. Haigreve Khaitan has led some of the most high-profile and challenging matters in India across industries, be it for companies, financial institutions and Boards of Directors. As a strategic advisor, Mr. Khaitan is often brought onboard to devise Innovative Commercial Solutions to solve complex legal and regulatory matters, including Mergers and Acquisitions, Restructurings and Insolvencies, Structured Financing as well as Critical disputes, Governance challenges and white-collar crime matters. Mr. Haigreve Khaitan regularly participates in high-level policy-making bodies, including recently as a Member of the Competition Commission of India’s Committee for the Digital Competition Act, a Member of the Securities and Exchange Board of India’s Committee on Fair Market Conduct and a Member of the Industry Standard Forum (FICCI, CII, ASSOCHAM) for setting implementation standard for LODR provisions. He has been consistently recommended by the world’s leading accreditation bodies as one of the most prominent lawyers in the country, describing him as an “outstanding lawyer” who is “extremely good and very sharp when it comes to large transactions”. Mr. Haigreve Khaitan has been recognized as an “Eminent Practitioner” by Chambers and Partners for Corporate M&A and Private Equity and “Band 1 Lawyer” for Private Wealth Law. Legal 500 ranked him in “Hall of Fame” for Corporate and M&A and Recommended Lawyer for Private Client practice and Private Equity and Investment Funds, Who’s Who Legal 2023 – Global Elite Thought Leader for M&A, recognized as Elite practitioner by Asia law Leading Lawyers, recognized as Market Leader for Banking and M&A by IFLR and A - List lawyer by India Business Law Journal. He has also received In- House Community Counsels Awards as External Counsel of the Year 2021, Asian Legal Business as one of the top 15 M&A lawyers in Asia and RSG India Award for the Emerging Leaders of the Year 2019. Mr. Haigreve Khaitan has pursued LL.B. from Kolkata University and has completed 53 years of age. Mr. Haigreve Khaitan is an Independent Director of Mahindra & Mahindra Limited, Reliance Industries Limited, Jio Platforms Limited, CEAT Limited, JSW Steel Limited, Tech Mahindra Limited, Borosil Renewables Limited, Dalmia Bharat Limited and Director of New Democratic Electoral Trust, Laxman AG, Interfloat Corporation and V S Trustee Private Limited.
RkJQdWJsaXNoZXIy NTE5NzY=