Indian Private Equity and Venture Capital Association has announced its new executive committee, with Sanjay Nayar, CEO, KKR India, as its chairman.

The committee, which will hold office for two years from June 2015, includes Gopal Srinivasan, Chairman and Managing Director, TVS Capital, as its Vice-Chairman.

Sanjay Nayar and Gopal Srinivasan, elected by the executive committee, will hold the posts up to March 31, 2016. Gopal Srinivasan will take over as chairman from April 1, 2016, according to a press release. The executive committee also includes Munish Dayal, Partner, Baring Private Equity Partners; D Muthukumaran, CEO, Aditya Birla Private Equity; Shankar Narayanan, Managing Director & Co-Head of Asia, Carlyle Growth Private Equity Business; Padmanabh (Paddy) Sinha, Managing Partner, Tata Capital; and S Srinath, CEO, Oman India Joint Investment Fund.

Gopal Srinivasan, said in the release that the Association, which works to increase awareness of private equity and venture capital, also “works to help grow domestic capital pools, like the domestic pension fund sector, which can take part in India’s rapid economic growth through various asset classes, including the medium of private equity and venture capital funds.”

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