Arun Duggal Independent Director

Mr. Arun Duggal (DIN-00024262) is an Independent Non-Executive member of the Board of Dish TV India Limited. Mr. Duggal is a Mechanical Engineer from Indian Institute of Technology, Delhi, and holds an MBA from the Indian Institute of Management, Ahmedabad (recipient of distinguished Alumnus Award).

Mr. Duggal is the Chairman of ICRA (A Subsidiary of Moody's USA) and International Asset Reconstruction Company. He is also a member of the Investment Committee of Axis Private Equity and is on the India Advisory Board of Societe Generale Bank. He is also a Visiting Professor at the Indian Institute of Management, Ahmedabad where he teaches a course on Venture Capital, Private Equity and Business Ethics. He is an experienced international Banker and has advised companies and financial institutions on Financial Strategy, M&A and Capital Raising.

Mr. Duggal had a 26 years career with Bank of America, mostly in the U.S., Hong Kong and Japan. His last assignment was as Chief Executive of Bank of America in India from 1998 to 2001. He is an expert in international finance and from 1981-1990 he was head of Bank of America's (Oil & Gas) practice handling relationships with companies like Exxon, Mobil, etc. From 1991-94 as Chief Executive of BA Asia Limited, Hong Kong he looked after Investment Banking activities for the Bank in Asia. In 1995, he moved to Tokyo as the Regional Executive, managing Bank of America's business in Japan, Australia and Korea. From 2001 to 2003 he was Chief Financial Officer of HCL Technologies, India.

Apart from the Company, as on March 31, 2015, Mr. Duggal holds directorship in Four (4) other Indian Public Limited Companies viz., Info Edge (India) Ltd., Adani Ports and Special Economic Zone Limited, ITC Limited, ICRA Limited.

As on March 31, 2015, Mr. Duggal holds 7,500 equity shares comprising of 0.00% in the paid up share capital of the Company.

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