Independent Director Ajay Sondhi Retired From IDFC’s Board

IDFC Limited announced the retirement of Independent Director Ajay Sondhi on 17th August 2023.Sondhi is a seasoned Financial Services and Board professional with extensive Indian and global experience. Sondhi was most recently Founder & CEO of Sentinel Advisors Pte Ltd, Singapore, a boutique business and strategy advisory firm. He has had a long career in banking, and has held several senior leadership roles in the industry in India and overseas. He was previously MD and Regional Manager for PWM at Goldman Sachs, Singapore. Sondhi started his career with Citibank India where he rose to become the head of corporate banking and finance. He subsequently worked with Salomon Brothers Hong Kong, and then moved back to India as Group CEO for Barclays Bank and BZW. He was subsequently Country Head and CEO India for UBS AG, and then went on to become the Vice Chairman and Managing Director for Kotak Mahindra Capital Company.  He recently held an appointment as a Senior Fellow at the Harvard Global Health Institute, Boston. Sondhi is a Board Director of Maxx Medical Pte. Ltd., Singapore; a Board Director of Noora Health, a California based non-profit active in health education. He has an MBA in Finance from JBIMS, Mumbai University, and a Bachelor of Arts in Economics (Honors) from St. Stephens College, Delhi University.