Overview

Gender

male

Narayanan Vaghul has more than 50 years of experience in the financial sector. Previously, he served as the chairman of the Industrial Credit and Investment Corporation of India group, a long-term credit development bank for 17 years.

Prior to that, he has been chairman of the Bank of India and executive director of the Central Bank of India.

He was the chairman of ICICI Bank Limited between 2002 and April 2009. Vaghul is on the Boards of the following public companies in India and overseas: 1) Mahindra World City Developers Limited, 2) Piramal Enterprises Limited, 3) Apollo Hospitals Enterprise Limited, and 4) Arcelor Mittal, Luxembourg.

Besides this he is on the boards of two private limited companies and several Section 25 companies and public trusts. Vaghul is the Chairman of the Compensation Committee of Piramal Enterprises Limited and its 100% subsidiary, PHL Finance Private Limited.

Vaghul has been a visiting professor at the Stern Business School at New York University and has served as a consultant to the World Bank, the International Finance Corporation and the Asian Development Bank.

Vaghul is Chairman of the Audit Committee of Piramal Enterprises Limited. Vaghul is a member of the Remuneration Committee of Mahindra World City Developers Limited and Apollo Hospitals Enterprise Limited.

Vaghul holds a Bachelor (Honors) degree in Commerce from Madras University. Vaghul was the recipient of the Padma Bhushan award by the Government of India in 2010.

Vaghul also received the Lifetime Achievement Awards from Economic Times, Ernst & Young Entrepreneur of the Year Award Program and Mumbai Management Association.

He was given an award for the contribution to the Corporate Governance by the Institute of Company Secretaries in 2007.