Mr. Vikram Limaye, 47 years, is a non-executive and independent Director of our Company. He joined our Board in August, 2007. He graduated with a bachelor’s degree in commerce from University of Mumbai. He is also a chartered accountant from the Institute of Chartered Accountants of India and holds a master’s degree in business administration from the Wharton School, University of Pennsylvania.  He has over 25 years of experience working with Financial Institutions, Global Investment Banks, International Commercial Banks and Global Accounting firms. Prior to joining IDFC, he served Credit Suisse First Boston (CSFB) in U.S.A. in a variety of roles in Investment Banking, Capital Markets, Structured Finance and Credit Portfolio Management. He began his corporate career with Arthur Andersen in Mumbai, after which he worked with Ernst & Young and Citibank N.A. in the Business Advisory Services Group and Global Consumer Banking Group respectively. Vikram Limaye has broad-based experience across various areas of the financial services landscape. He has been on various boards and government committees and a member of the Managing Committee of Bombay Chamber of Commerce and Industry, member of the Governing ouncil of University of Pennsylvania Institute for the Advanced Study of India, CII National Committee on NBFCs and Economic Policy Council of CII. He is currently the Managing Director and CEO of IDFC.