Current Affairs PDF Sales

Altico Named Naina Lal Kidwai as Its New Non executive Director

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

Altico capital, a non banking finance company has named veteran banker Naina Lal Kidwai as its new independent non executive director on its board.

Altico CapitalAltico Named Naina Lal Kidwai as Its New Non executive Director

  • Altico, focused on real estate, is looking to invest about Rs 2,500 crore every year for five years in the Indian real estate market
  • It is promoted by Clearwater Capital, Abu Dhabi Investment Council and Varde Partners

Naina Lal Kidwai

  • She has an MBA from Harvard Graduate School of Business Administration, Boston, Massachusetts
  • She is on the boards of Larsen & Toubro Limited, Advent Private Equity, Nestle SA, Cipla Limited, Max Financial Services Limited
  • She is also the chairperson of South Asia Harvard Business School
  • Before joining Altico she was the chairperson of British lender HSBC India last year and served the bank for 13 years
  • Before joining HSBC, Kidwai was vice-chairperson and head, investment banking, at JP Morgan Stanley

Points to note

  • CEO of Altico capital-Sanjay Grewal
  • Headquarters of Altico– Mumbai