Mumbai, Mar 05: Equirus Capital, a leading Indian financial services group, has strengthened its board by appointing Mitu Samarnath Jha and Alok Misra as Independent Directors on the board. The move bolsters Equirus’ governance and strategic prowess, reinforcing the group’s focus on transparency and governance.
Ms. Mitu Samarnath Jha is the CEO of Eminence Strategy Consulting (Eminence). She has over two decades of experience in strategic communication, thought leadership positioning and reputation advisory. After having worked with well-known companies like CRISIL, Standard & Poor’s, Aditya Birla Capital, ICICI Prudential AMC, and Great Eastern Shipping, she turned to entrepreneurship and founded Eminence. Mitu serves as an independent director on the boards of Times Internet Limited, Shree Digvijay Cement Company Limited, and Peninsula Land Ltd.
Mr. Alok Misra recently co-founded Guvrn, India’s first curated board network, connecting independent directors with progressive companies looking to improve their governance practices. Until June 2024, he served as the Operating Partner and Chief Operating Officer of India at General Atlantic, a global growth equity investor, where he provided financial expertise to the firm and its portfolio companies with a focus on GA’s investment in India and ASEAN. Prior to joining General Atlantic, Mr. Misra had extensive experience as a public company CFO, most recently as the Group CFO at WNS group, a leading global business process management company, where he helped company through significant expansion and transformation. He was also the Group CFO of Mphasis BFL Group and served several accounting and finance roles at other firms such as ITC Limited and PwC. He also serves as Non-executive/Independent Director on the boards of various private and public companies. Alok is a Fellow Member of the Institute of Chartered Accountants of India and holds an Honours degree in commerce from Calcutta University.
Commenting on the appointment, Ajay Garg, MD, Equirus Group said,
“I am excited to have Mitu and Alok on board, joining the Equirus Family, their combined depth in engaging with board and other stakeholders will help steer Equirus to newer heights. Their appointment reflects our dedication to establishing a strong leadership and governance structure, ensuring we fulfil our commitments to our clients.”
On her appointment, Mitu Samarnath Jha, Independent Director, Equirus Capital said,
“Equirus has built a strong reputation in investment banking and financial services, where trust and long term relationships are true differentiators. I am excited to support the board in deepening that commitment by strengthening the institutional frameworks that uphold uncompromising governance and enable enduring value creation.”
On his appointment, Alok Misra, Independent Director, Equirus Capital said,
“I am delighted to join Equirus Group and look forward to leveraging my experience of the past four decades to help the company in its journey ahead. Ensuring adherence to the highest standards of compliance and corporate governance will be central to my role on the board of Equirus Capital”.