D S Brar, Director, joined the Board of Mphasis in April 2004. Brar is a B.E. (Electrical) from Thapar Institute of Engineering & Technology, Patiala; and a Masters in Management from Faculty of Management Studies, University of Delhi (Gold Medalist - 1974). He started his career with Associated Cement Companies (ACC) and later joined Ranbaxy Laboratories Limited where he rose to the position of CEO and Managing Director.
Currently, he is a promoter of GVK Bio Sciences Private Limited, Inogent Laboratories Private Limited and Davix Management Services Private Limited. He is also on the board of Maruti Suzuki India Limited, Wokhardt Limited and Mountain Trail Foods (India) Private Limited apart from being a member of the Advisory Board of the USA-India Chamber of Commerce (USAIC) and member of the Consultative Group on Exports of Pharmaceutical Products, under the Chairmanship of Hon’ble Minister of Commerce, Industry and Textiles, Government.
Mr. Brar was Director of the Reserve Bank of India (RBI) during 2000-2007.
Nitin Rakesh, a distinguished leader in the IT services industry, joined Mphasis as its Chief Executive Officer and Director in January 2017.
Prior to joining Mphasis, Nitin Rakesh was the Chief Executive Officer and President of Syntel (a NASDAQ listed IT Services Company). Nitin has a proven track record of delivering profitable growth at industry leading operating margins. Before he was appointed as the CEO, he served as President, Americas for Syntel, where he headed Business Development and North American operations.
Nitin has deep domain expertise in Banking, Financial Services and Insurance verticals. He has strong customer-orientation, large deal experience, and a track record of delivering transformative digital solutions. Nitin has an entrepreneurial mindset and a focus on launching innovative new service offerings, including in automation.
Nitin served at Syntel in various capacities (most recently as the CEO) between 2012 to 2016 and also before that between 2002 to 2008.
Between 2008 to 2012, he served as the CEO and Managing Director of Motilal Oswal Asset Management Company. During his tenure, the company was named "Most Innovative ETF, Asia Pacific" at the 2011 ETF Awards in New York, and the "Most Innovative Mutual Fund, India" in 2010 at the Crisil - S&P Mutual Fund Awards.
He has also worked with the TCG Group, a transnational private equity and investments firm as the Head of Banking & Financial Services Sales at TCG Software Services between 1999 to 2002.
Earlier in his career, Nitin worked for Unit Trust of India, setting up offshore mutual funds and secondary Market Research Cell, Product Development and Risk Management divisions.
American Business Awards 2018 recognized Nitin as ‘Executive of the Year - Computer Services’, felicitating him with Gold Stevie under the Management award category.
Nitin holds a Bachelor's degree in Engineering (Computer Science) from Delhi Institute of Technology, Delhi University and has received his Master’s in Management from Narsee Monjee Institute of Management Studies, Mumbai and is also an alumni of Harvard Business School’s CEO Workshop.
Kumar joined the Board of Mphasis on February 15, 2013. He is the Vice Chairman of The Sanmar Group, a fourth generation family owned business conglomerate. The Group is a multinational US $ 1 billion conglomerate headquartered in Chennai, India and has manufacturing facilities in India, the US, Mexico and Egypt. It is engaged in three key business sectors - Chemicals (including Speciality Chemicals), Engineering (Products and Steel Castings) and Shipping.
Kumar is the Honorary Consul General of Greece in Chennai.
He is on the Board of various public companies and carries with him over four decades of experience in the spheres of Technology, Management and Finance. He is the Chairman of National Accreditation Board for Certification Bodies, which is a constituent of Quality Council of India and is also a member of the Board of Governors of Institute for Financial Management & Research.
As a spokesman of Industry and Trade, Kumar had been a President of CII and participated in other apex bodies. He presently chairs the CII Institute of Quality, Bangalore.
Kumar has a wide range of public interests going beyond the confines of corporate management, in the areas of health, social welfare, education and sports. One special area in which he is involved is the Madhuram Narayanan Center for Exceptional Children.
He is an Electronics Engineering Graduate from Anna University, Chennai and a fellow member of the Indian National Academy of Engineering.
Ms. Jan Kathleen Hier (Ms. Hier-King) joined the Board of Mphasis in December 2015. Ms. Hier-King is currently a partner with a start-up (Bicycle Financial - www.bicyclefinancial.com) and a Director of XO Group.
Formerly, she was the Executive Vice President at Charles Schwab responsible for centralized support services including Schwab Technology Services, Operational Services, Corporate Project Management, Operational Risk Management and Offshore Services.
At Schwab, Ms. Hier-King held several other positions, including, Chief Information Officer; Executive Vice President of Human Resources; Head of Electronic Brokerage Technology that developed schwab.com; and Head of Schwab Institutional Technology.
Before joining Schwab in 1994, Ms. Hier-King served as a Vice President of engineering at Transaction Technology, Inc., a Citicorp subsidiary, where she was responsible for providing distributed technology to Citibank businesses worldwide. Previously, she was a telecommunications specialist at Bank of America.
As an economist with the Bureau of Labor Statistics, she was instrumental in the original development of a Producer Price Index for the telecommunications industry and was called on as an expert witness at the U.S. House of Representatives.
Ms. Hier-King earned her Bachelor's degree in Economics and attended Post-Graduate studies at Syracuse University, New York, USA.
David Lawrence Johnson (Dave Johnson) joined the Board of Mphasis in September 2016. Mr. Johnson is a senior advisor to Blackstone, where he has led many of their Private Equity technology investments. He joined the firm in 2013 and is based in New York. He is currently a Director of Cylance(Cyber Security), Pactera (IT Services), and Green Sky Labs (Pharma) and Cloudreach (Cloud Advisory). Before joining Blackstone, Mr.Johnson was Senior Vice President of Strategy at Dell Corporation, where he was responsible for corporate strategy, corporate development and acquisition integration. Prior to joining Dell, Mr. Johnson held a number of positions at IBM, including Vice President of Corporate Development, responsible for the company’s acquisitions, divestitures, minority investments and acquisition integration. Mr. Johnson received a B.A. in English and an M.B.A. from Boston College.
Mr. Marshall Lux joined the Board of Mphasis on 7 August 2018. Mr. Lux has been a Financial Services consultant and practitioner for over 30 years. He is on the board or is the advisor for various private equity companies across industries and geographies. Mr. Lux is currently involved in companies ranging from consumer credit, wealth, insurance, and health care. He also advises a wide range of technology and financial technology companies. Mr. Lux has a broad network of C-suite executives whom he has worked with on some of their most important issues. He has also diligenced many of the largest private equity deals that have been done. In addition, he is a member of the Board of Governors of the Online Lending Policy Institute.
Along with his client work, he has also done 35 probono assignments and has served on a number of not-for-profit Boards, including the Harlem Children’s Zone, the New York Historical Society’s Chairman’s Council, the New York Tenement Museum, Junior Achievement, and Reading is Fundamental. Mr. Lux is also a member of the Council on Foreign Relations.
Four years ago, Mr. Lux decided to broaden his paths. He has been a Senior Fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School. He is also a Senior Advisor to The Committee on Capital Markets Regulation and a Senior Fellow to The Program on International Financial Systems, both at Harvard Law School. His overall writings have concerned the unintended consequences of Dodd-Frank on financial services. He has written papers entitled The State and Fate of Community Banking; What’s Behind the Non-Bank Mortgage Boom?; and Out of Reach: Regressive Trends in Credit Card Access. All papers have been cited in the Financial Times, Wall Street Journal, The New York Times, among others. He has also released papers entitled When Markets Quake: The Past, Present, and Future of Online Lending and Hunting High and Low: The Decline of the Small IPO and What to Do About It. Marshall is also a Senior Fellow at Wharton and Georgetown.
Mr. Lux has spoken broadly, including at the House Small Business Committee, the Federal Reserve, and various Universities and trade groups.
He began his career at McKinsey where he served financial service firms across a variety of subsectors and functional areas. Marshall led McKinsey's and BCG's private equity practice. He has extensive relationships across financial services and PE Firms. He left McKinsey after approximately 25 years to become the Chief Risk Officer for Chase (all consumer products globally) during the crisis. He then joined BCG, where he was a Senior Partner for 5 years, and in particular, helped build a private equity practice while serving financial institutions. For example, Marshall was BCG’s first Senior Partner election and built the PE practice. Marshall continues to be an active Advisor to BCG.
Marshall attended the Woodrow Wilson School at Princeton University and graduated Summa Cum Laude. He also attended Harvard Business School where he was a Baker and Ford Scholar (awarded to the number one student in each graduate school). Marshall was the first person in his family to attend college.
Paul James Upchurch joined the Board of Mphasis in September 2016. Mr. Upchurch is Chief Operating Officer, Europe, for the Lombard International Assurance, based in Luxembourg. In this role, he is restructuring for profitable growth and closed a record €4 billion Assets under Administration in 2017 and achieved a more competitive operating expenditure run rate. He is focused on readying the Blackstone investment for its exit stage and creating a long range sustainable operating model.
Mr. Upchurch joined Lombard International Assurance from Blackstone, where he led the Enterprise Systems function within Blackstone’s Portfolio Operations group. He worked with senior leadership to drive high performance outcomes through the effective implementation of enterprise systems and business operating models across over 50 Blackstone portfolio companies. In addition, Mr. Upchurch has been heavily involved in shaping the business development strategies across the consulting firms owned by Blackstone.
Mr. Upchurch has a unique blend of private equity, operating, and consulting expertise that enables him to pivot across commercial, operational, and technical needs of companies seamlessly.
Before joining Blackstone, Mr. Upchurch worked as Executive Vice President and member of the North America leadership team at Nielsen, previously owned by Blackstone. He also worked with The Cambridge Group, a strategy consulting firm owned by Nielsen, to drive demand strategies for clients. Mr. Upchurch led teams to elevate client relationships and tackle Nielsen clients’ most pressing business issues, including demand creation, pricing and trade optimization, innovation, and retail execution, leveraging data, analytics and client service platforms. Early on, Mr. Upchurch led the largest commercial portfolio in North America, overseeing hundreds of client relationships across Consumer, Financial Services, and Retail Brokers.
Prior to that, Mr. Upchurch had a successful career for over 18 years in management consulting, serving as partner at Accenture and Diamond Management Consultants. He guided clients on wide range of enterprise technology and operational improvements, serving as a leader on complex, multi-year, $1b+ transformations, outsourcing as well as rapid-turn carve-outs and integrations.
Mr. Upchurch holds a bachelor’s degree in BS in Information and Decision Sciences from the University of Illinois, Chicago.
Amit Dixit joined the Board of Mphasis in September 2016. Mr. Dixit is a Senior Managing Director and Co-Head of Private Equity in India, based in Mumbai. Since joining Blackstone in 2007, Mr. Dixit has been involved with various investments and investment opportunities in India and South Asia. Previously, Mr. Dixit was a Principal at Warburg Pincus. Mr. Dixit received an MBA from Harvard Business School, an MS in Engineering from Stanford University, and a B.Tech from Indian Institute of Technology Mumbai where he was awarded the Director’s Silver Medal for graduating at the top of his program. He currently serves as a Director of Intelenet Global Services, IBS Software Pte Ltd, S.H. Kelkar, Jagran Prakashan, Mid-Day Infomedia and Hindustan Power Projects. Mr. Dixit was previously a Director of Emcure Pharmaceuticals, Igarashi Motors India and Trans Maldivian Airways.
Amit Dalmia joined the Board of Mphasis in September 2016. Mr. Dalmia is an Executive Director in the Corporate Private Equity group in Blackstone and is based in Mumbai. Since joining Blackstone in 2010, Mr. Dalmia has primarily been involved in creating and driving value added initiatives across Blackstone portfolio companies in India. Before joining Blackstone, Mr. Dalmia had diverse operational experience with Hindustan Unilever India ("HUL") in various management and business leadership roles ranging from finance and accounts to commercial and supply chain. Mr. Dalmia has undergone a management training program with the Indian Institute of Management, Ahmedabad and subsequently worked extensively on in-company training at Unilever. Mr. Dalmia received a B. Com.(Hons. ) from St. Xaviers' College from the University of Kolkata, India. He is also a Chartered Accountant(CA), Company Secretary(CS) and Cost Accountant(ICWA) with three Gold Medals for securing first-ranks in the country.