Meet Our Directors

Mr. Ashok Kumar Goel - Director

Mr Ashok Goel

Mr. Ashok Kumar Goel, age 49 years, has been associated with the Company since incorporation as a Director. Mr. Goel is the Vice Chairman and Managing Director of Essel Propack Ltd. He is an experienced businessman who also guides the management of the Essel Group's existing leisure properties, viz. EsselWorld and Water Kingdom.

He has led the turnaround of an engineering tools company in the Essel Group and has achieved manufacturing efficiencies. In July 2005, the renowned publication The 'Smart Manager", after in-depth research spread over three years, rated Shri. Ashok Kumar Goel as "one of the 25 truly world class managers from India".

Shri. Goel is on the Boards of various organizations including Solid Containers Ltd, East India Company (Trading) Private Ltd, ITX Trading And Financial Services Private Limited, ItzCash Payment Solutions Limited, Essel Propack Limited, Indian Association Of Amusement Parks And Industries.

Mr. Mukund Manohar Chitale - Independent Director

Mr. Mukund Manohar Chitale

Mr. M. M. Chitale, a fellow member of the Institute of the Chartered Accountants of India is a renowned professional having standing of more than 35 years and is a partner of Mukund. M. Chitale and Co., an ISO 9001-2000 certified firm. The said firm provides services in the area of auditing, tax consultancy and management consultancy to various banking, insurance and manufacturing firms.

Mr. Chitale holds directorship in many renowned Companies viz.Larsen and Toubro Limited, ONGC Mangalore Petrochemicals Ltd, L&T General Insurance Company Limited. Mr. Chitale has been associated as the Chairman of the Governing Council of Banking Codes and Standards Board of India. He is also the Chairman of Ethics Committee of Stock Exchange, Mumbai. He is a member of  the Advisory Board on Bank, Commercial and Financial Frauds, of the group for Amalgamation of Urban Co-operative Banks and also of the Supervision of NABARD.

In the past, Mr. Chitale has also served on boards of ONGC, IDBI Bank Ltd, LIC Housing Finance Ltd, SBI Mutual Funds Trustee Co. Pvt. Ltd, etc. Mr. Chitale has held various positions in professional bodies such as President of The Institute of Chartered Accountants of India in the year 1997-98 and member of The International Auditing Practices Committee of The International Federation of Accountants from January 1998 to June 2000.

In addition, Mr. Chitale has served in various committees such as member of The Committee for Collective Investment Schemes appointed by SEBI (Dr. S.A. Dave Committee), member of Working Group on Restructuring of Weak Public Sector Banks appointed by RBI (Verma Committee),and member of Committee on Procedures and Performance Audit of Public Services appointed by RBI (Dr. Tarapore Committee).

Mr. Chitale, an avid reader was associated with the M.M. Kundnani College of Commerce and Economics and Sydenham College of Commerce and Economics as part time faculty. He has presented papers on subjects such as accounting, auditing, Corporate Governance, banking and quality controls at various seminars and conferences held at national and international levels.

Terms of appointment of independent directors

Mr. Pavan Bhalla - Independent Director

Mr. Pavan Bhalla is currently the Executive Vice President - Global Service Operations for Aon Hewitt. He has held this position since March 2015. Previously and since September 2011, Mr. Bhalla was Executive Vice President and India Managing Director at Aon Hewitt. Prior to this role, he was the Executive Vice President, Chief Financial Officer and Treasurer of Harris Interactive Inc., a position he held since October 2010. Prior to that, Mr. Bhalla served as Vice President for Hewitt Associates, and had been in this role since August 2006. Prior to his recent roles at Hewitt Associates and Harris Interactive, Mr. Bhalla served as the Senior Vice President-Finance of MCI Inc., a global telecommunications company, and supervised the financial management of MCI’s domestic business units. Prior to joining MCI in August 2003, Mr. Bhalla spent more than seven years with BellSouth Corporation, a telecommunications company, serving in a variety of executive positions, including Chief Financial Officer of BellSouth Long Distance from 1999 to 2002 and Corporate Controller of BellSouth Cellular Corp. from 1997 to 1999. He also serves on the Board of Ebix, Inc. as an Independent Board member since 2004. Mr. Bhalla holds a master’s degree in business administration from the University of Chicago’s Booth School of Business.

Areas of Relevant Experience: Mr. Bhalla has extensive hands-on relevant experience in corporate finance and international business transactions. His extensive accounting and financial background qualifies him as an audit committee financial expert under applicable SEC and the NASDAQ Stock Market Marketplace Rules (the “NASDAQ Marketplace Rules”).

Mr. Ravi Singh - Director

Mr. Ravi Singh

Ravi Singh is Chief Business Officer and heads the retail and product team at ItzCash. Since joining ItzCash in 2012, Ravi has bolstered a leadership position for ItzCash in its new business initiatives in Remittance & Prepaid Cards. As Chief Business Officer and Head of Payments, he is responsible for the strategy & execution of retail payments businesses: building partnerships and broader business relationships.

Over two decades, Mr. Singh held senior leadership positions in reputed organisations namely Western Union, Tata Teleservices Limited, Birla 3M Ltd, Hutchison Max Telecom Ltd and Real Value Appliances. His last assignment prior to joining the company was at Western Union as Head of Operations.

An alumnus of Mangalore University,Mr. Singh is Six Sigma & Project Management Professional (PMP) certified.

Mr. Robin Raina - Chairman

A patriotic Indian and philanthropist who is today deploying Asia’s largest private charity initiative to build 6,000 homes free of cost for Delhi slum dwellers, Robin has been a director at Ebix since 2000 and Chairman of the Board at Ebix since May 2002. Mr. Raina joined Ebix in October 1997 as Vice President-Professional Services and was promoted to Senior Vice President-Sales and Marketing in February 1998. Mr. Raina was promoted to Executive Vice President, Chief Operating Officer in December 1998. Mr. Raina was appointed President effective August 2, 1999, Chief Executive Officer effective September 23, 1999 and Chairman in May 2002. Robin has overseen the growth of Ebix as a public listed company on the NASDAQ from $12 million in 1999 to $2 Billion approximately market capitalization now, Mr. Raina holds an industrial engineering degree from Thapar University in Punjab, India. Robin runs many schools for the underprivileged children in India, providing education, clothing, and medical care to thousands of kids at any time.

Mr. Raina’s strategic & operational direction for Ebix and implementation of such direction has proven instrumental for Ebix’s turnaround and growth. He has extensive background and experience in conceptualizing, launching and deploying some of the world’s largest exchanges in the field of insurance, reinsurance, finance and healthcare. Robin has a deep understanding of corporate finance and the Indian markets having deployed 11 offices and more than 2,000 employees in India besides serving consumers, banks, insurance companies, brokers, corporates and various Indian Government organizations, as clients of Ebix.

Mr. Satya Kotru - Director

Mr. Satya Bushan Kotru is professionally graduated in computer science & engineering and is qualified in Administration roles with a total work experience of 22 years.

Since last 15 years, Mr. Satya is working with Ebix Software India Private Limited and is Admin Head of Indian operations of Ebix. Prior to Ebix, Mr. Satya has worked with multiple MNC’s for a period of 7 Years.

Mr. Vikas Verma - Director

Mr. Vikas is professionally qualified in Finance with a total work experience of 17 years with considerable expertise in the areas of Financial Planning & Analysis, General Accounting, Legal, Tax & Regulatory compliances, Mergers & Acquisitions, Running Global Teams in Finance Functions serving multiple Jurisdictions.

Since last 15 years, Mr. Vikas is working with Ebix Software India Private Limited and has held various senior and strategic roles within Global Finance Function. Prior to Ebix, Mr. Vikas has worked with Word Bank, New Delhi for two years.