Board of Directors

The corporate governance framework is based on an effective independent Board, separation of the Board’s supervisory role from the executive management team and constitution of the Board Committees, as required under law.

Our Board has been constituted in compliance with the Companies Act and the Listing Regulations. The Board functions either as a full board or through various committees constituted to oversee specific operational areas. The executive management provides the Board detailed reports on its performance periodically.

Currently, our Board has six Directors. In compliance with the requirements of Regulation 17 of the Listing Regulations, our Company has two Executive Directors, four Non-Executive Directors, including three Independent Directors on the Board.

Name Designation DIN 
Manish Sabharwal Chairman 00969601
Ashok Reddy Managing Director 00151814
Gopal Jain Non Executive Director 00032308
Latika Prakash Pradhan Woman Independent Director 07118801
Narayan Ramachandran Independent Director 01873080
V Raghunathan Independent Director 00254091

 

Brief biographies of Directors

Manish Sabharwal

Manish Sabharwal is the Chairman of TeamLease (The Company). Prior to co-founding the Company, he co-founded India Life, a payroll and pension services company in 1996 that was acquired by Hewitt associates in 2002. Consequently, he was chief executive officer of Hewitt Outsourcing (Asia) based in Singapore. Manish also serves on various state and central government committees on education, employment and employability and is a columnist for Indian Express. He is an alumnus of The Wharton School of the University of Pennsylvania, Shri Ram College of Commerce, Delhi and Mayo ‎College, Ajmer.

Ashok Reddy

Ashok Reddy is the Co-Founder and Managing Director of the Company. Ashok oversees our operations and represents our Company in forums with major clients. He holds a bachelors degree in commerce from the Shri Ram College of Commerce, Delhi and a diploma in management from Indian Institute of Management, Bengaluru. He is a first generation entrepreneur with 17 years of experience in the industry of human resource services. Prior to his current position, he was a director of India Life, a payroll and pension services company. He has been awarded the “Skills Champion of India” award in the category of Skills Champion: Emerging Warrior for his outstanding contribution to the field of skills development.

Gopal Jain

Gopal Jain is a non-executive, nominee Director, nominated pursuant to the SSSA. He holds a bachelor’s degree in electrical engineering from the Indian Institute of Technology, Delhi. He is one of the co-founders of Gaja Capital. He was initially appointed as an additional, non-executive nominee Director of our Company on November 13, 2009 and was appointed as a non-executive, nominee Director by a resolution passed by our Shareholders on September 29, 2010.

Latika Prakash Pradhan

Latika Prakash Pradhan is an Independent Director of our Company. She is a qualified chartered accountant, cost and management accountant, company secretary and bachelor of laws, with an experience spanning over 35 years in various industries, heading finance, legal and secretarial, internal audit and information technology functions. She is also an independent director on the board of Mafatlal Industries Limited.In the past, she has been associated with Voltas Limited, Blue Star Limited, Cummins Group, Park Davis India Limited and Pidilite Industries Limited in various capacities. She has been an Independent Director of our Company since July 09, 2015.

Narayan Ramachandran

Narayan Ramachandran is an Independent Director of our Company. He holds a bachelor’s degree in technology from the Indian Institute of Technology, Mumbai, a master’s degree in business administration from the University of Michigan and is a qualified Chartered Financial Analyst. He has wide experience in the field of finance and banking and until February, 2010, he was the country head and chief executive officer of Morgan Stanley India. Prior to that he was the co-head of the emerging markets division of Morgan Stanley Investment Management, Singapore. He has been an Independent Director of our Company since July 09, 2015.

V. Raghunathan

V. Raghunathan is an Independent Director of our Company. He is an academic, corporate executive, author and columnist and a hobbyist and features among the top 50 Global Indian Management Thinkers of Thinkers Magazine, 2013 and 2014. He was conferred the title of fellow of the Indian Institute of Management, Calcutta, in the field of finance and control. He was a professor at the Indian Institute of Management, Ahmedabad, for nearly two decades, until 2002. Since January 2005, he has been the chief executive officer of GMR Varalakshmi Foundation. He has authored several books and currently also blogs for the Times of India. He has been an Independent Director of our Company since July 09, 2015.