Tata Investment Corporation Limited, a non-banking financial company, announced the appointment of Farida Khambata as an Additional Director, Non-Executive (Independent) to its Board of Directors, effective January 19, 2022.
According to the company’s exchange filing, “the Board of Directors approved the appointment of Mrs. Farida Khambata (DIN: 06954123) as Additional Director (Non-Executive, Independent) with effect from 19th January, 2022, upto 11th December, 2024, subject to Shareholders’ approval.”
Farida Khambata is a Co-Founder of Cartica. Prior to co-founding Cartica, Khambata was a member of IFC’s Management Group. In her last position at IFC she served as the Regional Vice President in charge of operations in East Asia and the Pacific, South Asia, Latin America and the Caribbean. She was responsible for strategy, investment operations and advisory services in IFC’s member countries in these regions. She also oversaw IFC’s equity investments globally.
She has been associated as an Independent Director in Tata Sons Pvt. Limited in the past and is currently serving as an Independent Director on the Board of Tata Steel Limited, Kotak Mahindra Bank Limited and various others, the statement said.
Prior to that, Khambata was Vice President for Portfolio and Risk Management where she had responsibility for the Corporation’s portfolio (approximately $14 billion) and risk management operations, as well as for information technology, controls, budgeting, trust funds and back office operations. Previously she was the Treasurer of IFC and coined the term Frontier Markets.
Khambata earned her MA in Economics from the University of Cambridge and her MS in Business Management from the London Business School. She serves on the boards of director of Kotak Mahindra Bank in India and Dragon Capital in Vietnam.
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.