Manisha Girotra who is now CEO of the global independent investment bank Moelis & Co. in India has joined the board of directors of KPIT Cummins Infosystems Ltd as an independent director.
Ravi Pandit, Chairman and Group CEO, KPIT Cummins, said, “We are excited to have access to Manisha’s experience in corporate finance and markets. Towards our goal of achieving $1 billion in revenues, our expansion and penetration in overseas markets is of primary significance and Manisha’s addition to our board will help us better prepare ourselves for faster and profitable growth.”
Girotra said, “KPIT Cummins’ leadership team has been driving consistent industry-leading performance of the company over the last eight quarters with a clear vision and a differentiated strategy and I am looking forward to working with them.”
Girotra was nominated as a ‘Young Global Leader (YGL) 2010’ by the World Economic Forum, named as one of the ‘15 Women to Watch in Asia’ by Forbes in 2008 and listed amongst the '50 Women to Watch' by the Wall Street Journal in 2007. She has been noted amongst the ‘Top 25 Most Powerful Women in Business in India’ by Business Today for the past five years and has been nominated to Fortune’s ‘Most Powerful Women in Business Club’ in 2011. Prior to joining Moelis India, Manisha, was the Chairperson & Country Head of UBS India from 1998 to 2012.
A gold medalist in Economics from the University of Delhi, she has extensive expertise in the areas of large corporate deals and M&As. She played a key role in several large corporate deals including the IPCL-Reliance merger, the privatization of VSNL and the largest cross-border deal in Indian corporate history - the $ 13 billion acquisition of HITL’s interest in Hutchison Essar by Vodafone. She has also led the North America listing process for Infosys, Genpact and WNS, along with the respective follow-on offerings. She has successfully executed India IPOs of several companies including Reliance Petroleum, Reliance Power, DLF, Idea, Bharti, Adani Power as well as the GDR issue of Tata Steel and GMR Group’s QIP.