103 | Annual Report | 2023-2024 Attendance of Director: Name of the Member Position No. of Meetings Held No. of Meetings Attended Ms. Matangi Gowrishankar* Independent Director Nil Nil Mr. John Arunkumar Diaz* Independent Director 1 1 Mr. Anurag Agrawal Promoter Nominee Director 1 1 Mr. Manoj Kumar Narayan Nambiar Managing Director 1 1 * Ms. Matangi Gowrishankar ceased to be the Chairperson of the Stakeholders Relationship Committee with effect from January 14, 2024 and Mr. John Arunkumar Diaz was appointed as Chairperson of the Stakeholders Relationship Committee with effect January 15, 2024 Note: Only covers No. of meetings held in FY 23-24 of Members during their directorship period. 8. Asset-Liability Management Committee (ALCO) The ALCO is responsible for ensuring adherence to the risk tolerance/limits set by the Board as well as implementing the liquidity risk management strategy of the Company. The role of the ALCO with respect to liquidity risk includes, inter alia, decision on desired maturity profile and mix of incremental assets and liabilities, sale of assets as a source of funding, the structure, responsibilities and controls for managing liquidity risk, and overseeing the liquidity positions of all branches. Composition: • Mr. Manoj Kumar Narayan Nambiar, Chairperson • Mr. Milind Ramchandra Nare, Member • Mr. Shailesh Kumar, Member • Mr. Ranjan Das, Member • Mr. Anirudh Singh G. Thakur, Member • Mr. Vishal Wadhwa, Member* • Mr. Sumit Mukherjee, Member* *Mr. Vishal Wadhwa ceased to be a member of the Committee with effect from May 18, 2023 and Mr. Sumit Mukherjee (Chief Business Officer) was appointed as a member of the Committee w.e.f. February 14, 2024. As on March 31, 2024, the Committee is comprised of Managing Director, Chief Financial Officer, Head Credit & Inorganic Business, Chief Risk Officer, Chief Business Officer and the Company Secretary and Chief Compliance Officer. SVP-Central Operations, VP-Accounts, GM-Funding, DGM-Funding, AVP-Accounts, AGM-Risk, Manager-Legal & Compliance and AGM – Legal & Compliance are permanent invitee to the meetings of the Committee. The Committee met every month during the year on April 24, 2023, May 17, 2023, June 13, 2023, July 20, 2023, August 28, 2023, September 25, 2023, October 14, 2023, November 17, 2023, December 18, 2023, January 15, 2024, February 28, 2024 and March 23, 2024 during the year. Attendance of Members: Name of the Member Position No. of Meetings Held No. of Meetings Attended Mr. Manoj Kumar Narayan Nambiar Managing Director 12 12 Mr. Milind Ramchandra Nare Chief Financial Officer 12 12 Mr. Shailesh Kumar Head Credit & Inorganic Business 12 5 Mr. Ranjan Das Chief Risk Officer 12 10 Mr. Anirudh Singh G. Thakur Company Secretary and Chief Compliance Officer 12 11 Mr. Vishal Wadhwa* Head of Business 2 2 Mr. Sumit Mukherjee* Chief Business Officer 2 2 *Mr. Vishal Wadhwa ceased to be a member of the Committee w.e.f May 18, 2023 and Mr. Sumit Mukherjee was appointed as a member of the Committee w.e.f. February 14, 2024. Note: Only covers No. of meetings held in FY 23-24 of Members during their directorship period
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