Ms. Renuka Ramnath joins IiAS` Board
Transcription
Ms. Renuka Ramnath joins IiAS` Board
Ms. Renuka Ramnath joins IiAS’ Board April 8, 2015 │Mumbai: Institutional Investor Advisory Services India (IiAS) announced today that Renuka Ramnath has joined the company’s Board of Directors. Renuka Ramnath founded Multiples Alternate Asset Management Private Limited (Multiples) in 2009. Multiples is an investment advisory firm that manages more than USD 400 million of private equity funds. Prior to this, she served as ICICI Ventures’ MD and CEO for over a decade, during which she was instrumental in developing the private equity market in India and leading ICICI Ventures to become India’s largest private equity fund. Renuka Ramnath said, “India’s growth over the next few years will depend on its ability to attract overseas investments, for which Corporate India will need to strengthen its governance standards. I am pleased to join the Board of IiAS, which has raised the level of debate on corporate governance issues and emerged as a market influencer within such a short span.” “We welcome Renuka as a director on the board of IiAS”, said Anil Singhvi, co-founder and Director of IiAS. “Renuka has had a distinguished career, and IiAS and its stakeholders will benefit immensely from her experience and ideas.” “Renuka’s presence further strengthens our governance structure, as we expand our product offerings”, added Amit Tandon, co-founder and Managing Director. “In June 2015, IiAS will complete five years. We already provide voting recommendation on shareholder meetings of over 500 companies and are gearing up to expand our product suite in the near term.” Renuka Ramnath holds a Bachelor of Engineering from VJTI, University of Mumbai and an MBA from the University of Mumbai. She has also completed the AMP from the Harvard Business School. IiAS completes five years in June 2015, and currently provides voting recommendations on shareholder resolutions of over 500 companies *** Contact: Arnavaz Cama +91 22 2272 1570 or arnavaz.cama@iias.in *** Institutional Investor Advisory Services India Limited (IiAS) is an advisory firm, dedicated to providing participants in the Indian market with independent opinion, research and data on corporate governance issues. IiAS provides voting recommendations on shareholder resolutions for over 500 companies. IiAS also provides bespoke research, and assists institutions in their engagement with company management and boards. IiAS is a SEBI-registered research firm and will complete five years in June 2015. To know more about IiAS visit www.iias.in