OREANDA-NEWS. Leading global investment firm KKR today announced the appointment of
Anand Sinha, former Deputy Governor of the Reserve Bank of India (RBI),
as an Industry Advisor to the firm, effective immediately.
Sanjay Nayar, Member & CEO of KKR India, said, "We are privileged to
have
Mr. Sinha supporting our investments and helping us build out our
multiple asset class platforms in India. His valuable experience will
further enhance KKR's ability to provide long-term debt and equity
capital to Indian companies, helping them to scale their businesses
while being mindful of risk management and regulatory requirements."
Mr. Sinha was the Deputy Governor of the RBI between January 2011 and
January 2014. As Deputy Governor, he was in charge of, among others,
regulation of commercial banks and non-banking financial companies.
During his 37 years at the Reserve Bank, he was closely involved in the
development of major regulatory and supervisory policies for commercial
banks and banking sector reforms in India. He also represented the
Reserve Bank of India on various global organizations.
He also represented India at the Working Group on "Enhancing Sound
Regulation & Strengthening Transparency" set up by the G20 in the wake
of the financial crisis. He was the Chairman, Governing Council of the
Institute for Development and Research in Banking Technology (IDRBT), a
research and development institution on financial sector technology, set
up by the Reserve Bank of India. He was also RBI'S nominee Member on the
Board of the Securities and Exchange Board of India (SEBI).
Mr. Sinha
holds a Master's Degree in Physics from the Indian Institute of
Technology (IIT), New Delhi.
"KKR is a premier global investment firm and I am honored to have the
opportunity to work with KKR's outstanding leadership team. I very much
look forward to working with KKR on investment opportunities in India,"
said
Mr. Sinha.
KKR's Industry Advisors are part of the firm's integrated model of value
creation. These individuals include current and former senior executives
that bring specific industry focus to support the building of KKR's
business and investment practice.
About KKR
KKR is a leading global investment firm that manages investments across
multiple asset classes including private equity, energy, infrastructure,
real estate, credit and hedge funds. KKR aims to generate attractive
investment returns by following a patient and disciplined investment
approach, employing world?class people, and driving growth and value
creation at the asset level. KKR invests its own capital alongside its
partners' capital and brings opportunities to others through its capital
markets business. References to KKR's investments may include the
activities of its sponsored funds.
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