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Tag: Keki Mistry

  • Keki Mistry joins Kedaara Capital as independent operating advisor

    Keki Mistry joins Kedaara Capital as independent operating advisor

    MUMBAI: Private equity firm Kedaara Capital has roped in one of the savviest, most respected and experienced minds in Indian financial services. The PE firm has announced the appointment of Keki Mistry as an independent operating advisor to its funds. A chartered accountant and a veteran of the banking & financial services sector, Mistry brings over four decades of expertise, having played a pivotal role in shaping some of India’s leading financial institutions.

    Keki MistryMistry began his career with AF Ferguson & Co before joining HDFC in 1981, where he rose through the ranks to become vice-chairman & CEO from 2010 to 2023. Under his leadership, HDFC transformed into India’s largest financial services conglomerate, founding key entities such as HDFC Bank., HDFC Asset Management Co, HDFC Life Insurance Co, and HDFC ERGO General Insurance Co.

    Following HDFC’s merger with HDFC Bank in 2023, Mistry joined the board of HDFC Bank as a non-executive director. He also holds board positions with several prominent companies, including Tata Consultancy Services, Flipkart, and Torrent Power.

    At Kedaara Capital, Mistry will act as a strategic advisor, offering insights into financial services and guiding investments in the sector. His unparalleled experience and leadership are expected to provide significant value to Kedaara’s portfolio. 

    The PE typically invests between $25-75 million in each investment, and it  can invest a significantly larger amount (>$200 million) in select situations. 

    Kedaara Capital is run  by three founders &  managing partners Manish Kejriwal, Sunish Sharma and Nishant Sharma. It is reputed to be amongst the top private equity firms in India. 

    In addition to his professional achievements,  Mistry is known for his love of cricket, theater, and golden era Hindi music. His contributions to the industry have earned him numerous accolades, including the Lifetime Achievement award from the Financial Express and the Hall of Fame recognition from the Institute of Chartered Accountants of India.

  • It feels good to ring the bell, says HDFC’s Keki Mistry

    It feels good to ring the bell, says HDFC’s Keki Mistry

    MUMBAI: HDFC vice chairman and CEO Keki Mistry rang the opening bell on the BSE day, this morning. He was present at the Bombay Stock Exchange (BSE) on the invitation of ET Now to celebrate the BSE day.

     

    On how it felt to ring the bell at the BSE, KeKi Mistry said in a jest, “Very Very nice. I was at the board of BSE for many years but never had the opportunity to ring the bell. So this is a great experience.”

     

    However, while talking about the market with ET Now’s Nikunj Dalmia, Chief Editor, Financial Markets, he added, “The mood is a little nervous about emerging markets presently, which got reflected in the last week’s results. But, I think that India stands out and investors also realize the same. Our fundamentals are so much better, the foreign exchange position is good and the reduction in oil and commodity prices is great news. “

     

    The event and the interview was LIVE telecast by ET Now today. Besides, the viewers could catch all the updates and special coverage from the BSE headquarters all through the day.

     

    HDFC is a pioneer of housing mortgage in India. The leader has turned the concept of selling mortgages into a profitable, professionally managed and world-class enterprise. HDFC is how over 5 million families in India spell the word home.