Leadership Team

Ambit’s team consists of industry experts, who bring together thought leadership and experience, to design intelligent solutions
  • ashwini-kakkar

    ASHWINI KAKKAR

    Chairman

     

    Mr. Ashwini Kakkar is the Chairman of the Ambit Board of Directors. He has been on the Ambit board since 2005 and was appointed Chairman, Ambit Board of Directors in April 2013.

    Mr. Kakkar has worked in many prestigious organisations including Otis Elevator Co, Philips India Ltd., International General Electric India Ltd and subsequently, Thomas Cook India Ltd. At Thomas Cook, he was not only managing the Indian Company, but also handling operations in the region from Singapore to Egypt and was inducted as a Director on their worldwide Board. In 2006-07, he turned entrepreneur and is now involved in Mercury Travels Ltd., Mercury Himalayan Exploration, Via.Com, Explore Broadcasting Ltd. and Akshay Software Pvt. Ltd.

    A distinguished member of the Institute of Directors, London, Mr. Kakkar was knighted by the French Government in 2007 with the ‘Chevalier De L’Ordre Merite’ (equivalent of the Padma Vibhushan in India).

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  • Naveen-Kshatriya

    Naveen Kshatriya

    Director

     

    Naveen Kshatriya serves on the Board of Ambit, as Independent Director. He has a proven track record of delivering extraordinary growth in the businesses he has led.

    Naveen has previously worked in top management level positions at Castrol India, Unilever Arabia and BP plc. He has over 4 decades of international experience with Unilever and BP-Castrol, having worked in the UK, Middle East and Far East. He has practiced Marketing and Customer Management through most of his early 23 years with Hindustan Unilever and Unilever International. While at BP-Castrol, he was on the global leadership team of BP-Castrol lubricants for 7 years.

    A distinguished member of the Institute of Directors, London, Mr. Kakkar was knighted by the French Government in 2007 with the 'Chevalier De L’Ordre Merite' (equivalent of the Padma Vibhushan in India).

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  • Pradip Shah

    Pradip Shah

    Director

     

    Pradip Shah is Independent Director on the Board of Ambit. He has previously assisted in founding Housing Development Finance Corporation (HDFC), India's first retail housing finance company. He also helped establish the Indocean Fund, a pioneer foreign India-dedicated private equity fund, in association with affiliates of Chase Capital Partners and Soros Fund Management. Apart from that, he has co-founded the AMP - IndAsia India Fund in association with AMP. In April 1998, he started IndAsia, a corporate finance and investment advisory business.

    Pradip has also been associated with several non-profit organisations as Trustee/Governing Council Member.

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  • Ameet Parikh

    Ameet Parikh

    Director

     

    Ameet Parikh serves on the Board of Ambit, as Independent Director. He is currently the Managing Partner of Morphis Business Advisory, a successor to Tranzmute Capital & Management, a company he co-founded in 2011.

    Ameet is a Chartered Accountant and a Law graduate and has over 33 years of professional services experience. After qualifying as a CA in 1984, Ameet started his career with Arthur Andersen. He held leadership positions at Arthur Andersen and Ernst & Young. Ameet founded Axis Risk Consulting which was later acquired by by Genpact (NYSE: G), a US$ 2.5 Billion company.

    Ameet has served companies principally, in the Health and Life Sciences, Manufacturing, Technology Services, Business Process Outsourcing and Advertising industries.

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  • Bernard-Barbour

    Bernard Barbour

    Managing Director and Head, Legal & Sharia Affairs/Company Secretary, at QInvest LLC

     

    Bernard is the Managing Director and Head, Legal & Sharia Affairs/Company Secretary, at QInvest LLC.

    He has more than 20 years of extensive experience in financial legal systems and garnered from legal, regulatory exposure and an academic teaching career in financial, fiscal and contract law in leading universities of Lebanon. Bernard was responsible for drafting the Islamic Finance Regulatory framework in the Republic of Lebanon, legislative prepositions to payment systems such as credit cards, debit cards, settlements, clearing E-checks, E-money and netting among others.

    His different job roles and responsibilities gained him a rare experience in both regulatory and legal aspects of banking and financial operations (Islamic and Conventional) operating under Civil and Common law jurisdictions.

    Bernard holds an LLM degree in European law from Lausanne University, Switzerland, and an LLM degree in International Economic Law from Geneva University, Switzerland, a B.A. in Law from the Lebanese University, and a Diploma in English Legal Methods from Cambridge University, England. He is fluent in Arabic, French and English.

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  • Ashok Wadhwa

    Ashok Wadhwa

    Group Chief Executive Officer

    Ashok Wadhwa is the Group Chief Executive Officer of Ambit.

    Alongside Ambit, he co-founded RSM & Co., a tax advisory firm. He built RSM into a world class Indian consulting house over a decade, which was then merged with PricewaterhouseCoopers in 2007.

    Ashok is responsible for building Ambit into a full-service Investment Bank that it is today. Ambit currently has seven lines of businesses, including its reputed, flagship Corporate Finance business.

    Ashok is regarded as an incisive investment banker and has handled a large gamut of transactions across sectors and geographies. Lauded for his excellence in the field of finance, he is the recipient of several awards, including the Priyadarshini Academy award for outstanding contribution in the field of financial management.

     
    • Other Past Board Responsibilities
      Other Past Board Responsibilities

      Managing Partner, Arthur Andersen in Mumbai

      President of Bombay Chambers of Commerce and Industry (BCCI)

      Member, Managing Committee, Federation of Indian Chambers of Commerce and Industry (FICCI)

      Member, Managing Committee, Young Presidents’ Organization (YPO)

    • Qualifications and Contributions
      Qualifications and Contributions

      Ashok is a law graduate from the University of Mumbai. He is a qualified Chartered Accountant from the Institute of Chartered Accountants of India.

  • sanjay-sakhuja
    sanjay-sakhuja tab

    Sanjay Sakhuja

    Executive Chairman, Ambit Finvest

    Sanjay Sakhuja leads the Structured Finance, SME Finance and Principal Investment businesses at Ambit. He joined Ambit as Managing Director in the Mergers and Acquisitions practice in August 2003, and spearheaded the business from 2009 to 2013.

    Prior to joining Ambit, Sanjay worked with Lazard, Arthur Andersen, Indal and Citibank. At Ambit, he has worked across verticals, including Banking, Financial Services, Insurance, Auto, FMCG and Industrials, and has advised numerous local and global clients on Mergers and Acquisitions, Divestitures and Fund-raising transactions.

     

     

    • Qualifications and Contributions
      Qualifications and Contributions

      Sanjay is a qualified Chartered Accountant and has also completed the Advanced Management Program from the Wharton Business School. He holds a B.A. (Hons) in Economics from St. Stephens College, Delhi.

  • Ashok Wadhwa

    Ashok Wadhwa

    Group Chief Executive Officer

    Ashok Wadhwa is the Group Chief Executive Officer of Ambit and also spearheads the Corporate Finance division.

    Alongside Ambit, he co-founded RSM & Co., a tax advisory firm. He built RSM into a world class Indian consulting house over a decade, which was then merged with PricewaterhouseCoopers in 2007.

    Ashok is responsible for building Ambit into a full-service Investment Bank that it is today. Ambit currently has seven lines of businesses, including its reputed, flagship Corporate Finance business.

    Ashok is regarded as an incisive investment banker and has handled a large gamut of transactions across sectors and geographies. Lauded for his excellence in the field of finance, he is the recipient of several awards, including the Priyadarshini Academy award for outstanding contribution in the field of financial management.

     
    • Other Past Board Responsibilities
      Other Past Board Responsibilities

      Managing Partner, Arthur Andersen in Mumbai

      President of Bombay Chambers of Commerce and Industry (BCCI)

      Member, Managing Committee, Federation of Indian Chambers of Commerce and Industry (FICCI)

      Member, Managing Committee, Young Presidents’ Organization (YPO)

    • Qualifications and Contributions
      Qualifications and Contributions

      Ashok is a law graduate from the University of Mumbai. He is a qualified Chartered Accountant from the Institute of Chartered Accountants of India .

  • sanjay-sakhuja
    sanjay-sakhuja tab

    Sanjay Sakhuja

    Executive Chairman, Ambit Finvest

    Sanjay Sakhuja leads the Structured Finance, SME Finance and Principal Investment businesses at Ambit. He joined Ambit as Managing Director in the Mergers and Acquisitions practice in August 2003, and spearheaded the business from 2009 to 2013.

    Prior to joining Ambit, Sanjay worked with Lazard, Arthur Andersen, Indal and Citibank. At Ambit, he has worked across verticals, including Banking, Financial Services, Insurance, Auto, FMCG and Industrials, and has advised numerous local and global clients on Mergers and Acquisitions, Divestitures and Fund-raising transactions.

     

     

    • Qualifications and Contributions
      Qualifications and Contributions

      SSanjay is a qualified Chartered Accountant and has also completed the Advanced Management Program from the Wharton Business School. He holds a B.A. (Hons) in Economics from St. Stephens College, Delhi.

  • gautam_gupte

    GAUTAM GUPTE

    Chief Operating Officer

    Gautam is the Chief Operating Officer. Prior to this he was a Director in the Corporate Finance business at Ambit, where he was responsible for origination and execution of capital market transactions.

    Gautam has been with Ambit since 2001. With over twenty years of corporate finance experience, he specializes in advising clients on the SEBI Takeover Code, SEBI ICDR listing and other capital market regulations.

    Prior to joining Ambit, Gautam was associated with SBI Capital Markets Limited for nine years.

    Gautam holds a Bachelor’s degree in Mechanical Engineering from IIT, Delhi and a Post Graduate Diploma in Management from IIM, Calcutta.

  • vikrant-narang_big

    VIKRANT NARANG

    CEO, Structured Finance

    Vikrant Narang leads the structured finance business at Ambit.

    Prior to joining Ambit, Vikrant was a senior member of the KKR (NBFC) business. Previous to which, he was a Director at Barclays where he was responsible for client coverage across large Indian Groups, mid-market clients and Financial Sponsors. He also worked with other institutions like ABN Amro and PwC.

    With over 15+ years of experience in financial services industry, Vikrant has extensive experience across structured credit, acquisition financing, syndicated loans and corporate finance advisory in onshore and offshore markets. He has also been involved in capital raising initiatives

    • Qualifications and Contributions
      Qualifications and Contributions

      Vikrant holds a Bachelor in Arts (BA) with honors in Economics from Delhi University. He is also a qualified Chartered Accountant from the Institute of Chartered Accountants of India.

  • Sushant

    SUSHANT BHANSALI

    CEO, Ambit Asset Management

    Sushant Bhansali is the CEO of the Asset Management business and a member of Ambit’s Executive Committee. He has been with the firm for over 11 years, with total industry experience of 18 years.

    Before Asset Management, he led Ambit's Principal Investment business, where he cut his teeth investing in listed equities from Ambit’s Balance Sheet. During that six-year period, the team delivered superlative returns, investing primarily in small and mid cap listed Indian companies, surpassing benchmark returns by a mile. The team followed a highly concentrated portfolio strategy, investing in high conviction ideas on an opportunistic basis

    Sushant began his stint at Ambit with the Group CEO's office, where he spent close to five years working on various transactions while advising clients on M&A and capital raising. He also participated in the development of various new business verticals, hiring teams, joint ventures, leadership initiatives and maiden private equity capital raising for the firm.

    Before joining Ambit, he worked with global firms such as MSCI Inc. and PricewaterhouseCoopers, for close to six years.

    • Qualifications and Contributions
      Qualifications and Contributions

      Sushant is a rank-holding, qualified Chartered Accountant with a PGD in Business Management from the Indian School of Business, Hyderabad (ISB). He holds a B.Com. (Hons) in Accounting.

  • Sanjay-Agarwal

    Sanjay Agarwal

    CEO, SME Finance

    Sanjay Agarwal leads the SME and Retail Lending business at Ambit.

    Prior to joining Ambit, Sanjay set up Finmax and sold the SME business to Ambit Finvest. Sanjay has more than two decades of rich experience in the SME lending space, having previously worked with Yes Bank  as Senior Vice President & Business Head (Banking) for almost a decade and Standard Chartered Bank as Head of Risk (SMEs). He also worked with Centurion Bank of Punjab, Global Trust Bank and SBI Commercial & International Bank Ltd (formerly BCCI).

    He was conferred with “Professional Achiever’s (Financial Sector) Award" in 2010 for his exceptional achievements as a professional by Institute of Chartered Accountant of India (ICAI) and Certificate of Recognition for enhancing brand image of ICAI in 2015. 

     
    • Qualifications and Contributions
      Qualifications and Contributions

      Sanjay is a Chartered Accountant and Cost Accountant (Rank holder) from The Institute of Cost and Works Accountants of India and a Bachelors degree in Commerce from Mohanlal Sukhadia University. 

  • Leadership-Team-Banner-1

    VIKAS KHATTAR

    Managing Director & Head, Equity Capital Markets and Financial Sponsors Group

    Vikas Khattar heads the Equity Capital Markets business and the Financial Sponsors Group at Ambit Capital

    Vikas brings with him over 23 years of rich experience in Indian Investment Banking industry. Before joining Ambit, he has worked with marquee organizations like DSP Merrill Lynch, Citigroup, Morgan Stanley, HSBC and Jefferies in several senior positions across Capital Markets and Investment Banking groups therein. Vikas is also on the Board of Association of Investment Bankers of India (AIBI).

     

     

     

    • Qualifications and Contributions
      Qualifications and Contributions

      Vikas Khattar holds a PGDM from the Indian Institute of Management Calcutta and a Bachelor’s of Mechanical Engineering degree from BITS Pilani. He is also a CFA Charterholder.

  • Leadership-Team-Banner-2-Nitin-Bhasin

    NITIN BHASIN

    Managing Director & Head of Equities Research, Institutional Equities, Ambit Capital

    Nitin Bhasin heads the research team at Ambit Capital and predominantly covers Engineering & Construction, Infrastructure, Cement and Building Materials sector. He has over 16 years of experience, including 14 years in equity research.

    Prior to joining Ambit, Nitin has worked with Execution Noble, Kotak, Emkay and Way2Wealth where he covered diverse sectors in India.

     

    • Qualifications and Contributions
      Qualifications and Contributions

      Nitin is a Charted Accountant, Company Secretary and a CFA (Level-II) and holds a Masters degree in Accounts, Statistics and Financial Management from Kurukshetra University.

  • AusangShukla

    Ausang Shukla

    Managing Director & Head of Corporate Finance

    Ausang Shukla heads the Corporate Finance team at Ambit and also holds coverage responsibility for Financials and Services sectors.

    Ausang has extensive experience in advising leading Indian and Global financial institutions, corporate houses and financial investors on a range of transactions including mergers, acquisitions, capital raising and joint ventures.

    Prior to Ambit, Ausang worked with Macquarie, Lehman Brothers, Nomura and PricewaterhouseCoopers.

     
    • Qualifications and Contributions
      Qualifications and Contributions

      Ausang is an MBA from Indian School of Business, Hyderabad and is a qualified Chartered Accountant from Institute of Chartered Accountants of India, New Delhi.

  • Saif Attar

    Saif Attar

    Advisor

    Saif Attar is an Advisor and has been with Ambit Group since December 2005.

    Prior to joining Ambit, he worked with Ernst & Young, as the Group Financial Controller. Previously, he has held positions with KPMG in the Middle East and Banking and Financial Services practice of Arthur Andersen in India. Whilst at Andersen, he moved to Practice Management and also acted as guide to the Finance function of the Andersen practices in South Africa, Israel and parts of the Middle East.

    Saif played an important role in managing the change due to mergers of well-known firms - Andersen with Ernst & Young (2002) and RSM with PricewaterhouseCoopers (2007).

     

    • Qualifications and Contributions
      Qualifications and Contributions

      Saif is a qualified Chartered Accountant and a Company Secretary.

  • rahul_gupta

    Rahul Gupta

    Director

    Rahul Gupta is a 2019 Advanced Leadership Fellow at Harvard University (on a sabbatical from Ambit) and a Member of the Board of Directors of Ambit India; Ambit America; Ambit Flowers Asset Reconstruction and SICOM. Prior to that, he was Co-Group Chief Executive Officer of Ambit Pvt. Ltd., a leading Indian investment bank and Senior Advisor to Oliver Wyman, a global management consulting firm. Rahul has been with Ambit since 2011.

    Rahul’s career in financial services spans over 30 years across all of the major Asian economies and has a formidable reputation as an Asian financial services expert.

    Prior to returning to India, Rahul was a Member of the Board of Directors, Senior Managing Executive Officer and Chief Financial Officer of Shinsei Bank, Japan. He was the first Indian ever to be appointed to the Board of Directors of a Japanese financial institution. In reporting his departure, The Wall Street Journal, Asia noted that, “without the initiative led by Mr. Gupta to buyback capital at distressed levels, Shinsei Bank could have lost an additional 95 billion yen (over USD 1 billion) in fiscal years 2008 and 2009.”

    Rahul has also served as the Managing Director and Group Financial Controller of DBS Bank, Singapore and Chief Controller - Asia at Deutsche Bank AG, Asia Pacific Head Office, Singapore and Chief Controller - India for Deutsche Bank AG, India. He has held senior positions at both, HSBC and Societe Generale, India

     
    • OTHER CURRENT COMPANY DIRECTORSHIPS
      OTHER CURRENT COMPANY DIRECTORSHIPS

      Member, Board of Directors, SICOM, India representing J.C. Flowers & Co

    • OTHER PROFESSIONAL INVOLVEMENTS
      OTHER PROFESSIONAL INVOLVEMENTS

      Senior Advisor, Oliver Wyman

    • Other Past Board Responsibilities
      Other Past Board Responsibilities

      Member, Board of Directors, Shinsei Bank (Japan)

    • Qualifications and Contributions
      Qualifications and Contributions

      Rahul holds a Masters in Marketing Management from Jamnalal Bajaj Institute of Management Studies, University of Mumbai. Rahul has a Bachelor’s of Commerce (Honours) degree from University of Delhi.

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