Mr. S C  Bhargava

 

Independent Director

 

Mr. Subhash Chandra Bhargava, 64 years, is a non-executive, independent director on our Board. He is a graduate in commerce (B.com) from Delhi University and is a Fellow of the Institute of Chartered Accountants of India.

He has over 40 years of experience and knowledge in the field of Banking and Finance. He had held number of leadership roles within Life Insurance Corporation of India. He has served as Executive Director (Investment) with the Life Insurance Corporation of India wherein he was responsible for looking after investment functions like debt, equity, monitoring corporate sector, investment in infrastructure as well as social sector which involved dealing with State Government bodies and Central Government Undertakings etc. He was with Life Insurance Corporation of India from December 12, 1967 till he retired in July 31, 2005. Presently he is practising as an independent Financial Consultant over a reputable clientele including Banks and Financial Institutions. He has been appointed as a director on our Board in the annual general meeting of our Company held on September 29, 2008.

Mr. Subhash Chandra Bhargava, B.Com. (Hons), FCA has been a Financial Consultant of Bank of Rajasthan and IL & FS Investsmart since August 2005. Mr. Bhargava has over 39 years of experience that encompasses investments, treasury management, finance, accounts and inspection. He joined Investment Department as Central Office, Mumbai in 1993 and served as the Deputy Secretary and since then worked in various capacities as Secretary (Investment), Chief (Investment) and this period he managed treasury, Government Bonds, debt both corporate as well as PSUs and Equity- sale and purchase. He worked with the Life Insurance Corporation of India from 1967 to 2005. He served Life Insurance Corporation of India (LIC) for 38 years and retired in 2005 as Executive Director (Investment). During his association with the Life Insurance Corporation of India, he served in various capacities such as deputy secretary, secretary(investment) and chief (investment). He serves as the Chairman of A. K. Capital Services Limited and OTC Exchange of India.