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Grihashakti Board of Directors and its Committees

Anindo Mukherjee

Anindo Mukherjee

Chairman, Non-Executive Director
Pavan Pal Kausha

Pavan Pal Kaushal

Non-Executive Director

Milan Shuster

Milan Shuster

Independent Director

Sudha Pillai

Sudha Pillai

Independent Director

Rakesh Makker

Rakesh Makkar

Chief Executive Officer & Whole-time Director

Mr. Anindo Mukherjee is the Chairman of Grihashakti and Non-Executive Director at Fullerton India. He has more than 25 years of banking experience. He is also Chief Operating Officer at Fullerton Financial Holdings Pte. Ltd. (FFH), Singapore. Prior to joining FFH, Mr. Mukherjee was responsible for the Risk Management, Legal and Compliance functions in Fullerton India. Before Fullerton India, he was with Standard Chartered Bank, where he was the Regional Credit Officer for the Consumer Business in India & South Asia. Mr. Mukherjee has had exposure across a variety of international and private banks, including Bank of America, ABN AMRO Bank and HDFC Bank.

Pavan Pal Kaushal is the Non-Executive Director at Grihashakti and the Chief Operating Officer at Fullerton India.

He is a career banker with over three decades of experience in the financial services sector across several leading global banks and consulting. Prior to joining Fullerton India, Pavan was the Chief Risk Officer at IDFC Bank, and part of the Leadership team. He was previously a Partner with Ernst & Young, Chief Risk Officer at ANZ Bank India and held several senior leadership roles both domestic and international at Citibank. Pavan is a Chartered Accountant and a MBA (Finance)

Dr. Milan Shuster, is a professional with decades of experience in the banking sector. He is currently Chairman of the Audit Committee of Bank Danamon Indonesia. He has also served at Asian Development Bank, ING Bank, National Bank of Canada and Nippon Credit Bank in various capacities. After working as the President and CEO of P.T. Bank PDFCI, Indonesia, he served Bank Danamon Indonesia. He became its president and CEO and later its Independent Commissioner. He has also served many other entities in Directorial and advisory capacities. Dr. Shuster He holds Ph.D. in International Law and Economics from Oxford University, Master of Law from London School of Economics, Bachelor of Law from University of Western Ontario and Bachelor of Business Administration from Ivey Business School.

Ms. Sudha Pillai, a 1972 batch IAS officer held a number of senior positions in the Government of India and the State Government of Kerala for 40 years. She handled the Industry and Finance portfolios for nearly twenty years. In the Centre, she worked in the Ministries of Industry, Corporate Affairs, Labour and Employment. She contributed notably to reforms in Industrial and Foreign Direct Investment policies as also in formulating the National Skill Development Policy. In Kerala, as Principal Secretary Finance she worked to achieve enhanced developed outcomes, coupled with efficient fiscal management. Earlier as CMD, Kerala Finance Corporation she dealt with project financing to SMEs. Her last assignment was as Member Secretary (in the rank of Minister of State), Planning Commission, Government of India. She is currently Director on the Boards of Jubilant Life Sciences and International Travel House Ltd.

Mr. Rakesh Makkar comes with over two decades of expertise in establishing new and successful businesses; managing large and multi-pronged distribution networks; and developing unique and customer-centric products - all within a robust Risk Management framework. Prior to assuming the role of CEO at Grihashakti, Mr. Makkar spearheaded Business, Marketing & CSR functions at Fullerton India. Before joining Fullerton India, Rakesh held the position of President and Chief Distribution Officer at DHFL. It has been Rakesh’s forte to set up new finance companies and scale up business volumes. Prior to his stint with DHFL, Mr. Makkar was the CEO at Future Money (Capital First) and was a part of the senior leadership team at Citigroup India. Not only is Mr. Makkar a national rank holder at the Institute of Chartered Accountants of India but also a Certified International Credit and Risk trainer within Citigroup. He also holds a Masters from the Institute of Management Technology, Ghaziabad and Bachelors from Delhi University.

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