Key Managerial Personnel

Dr. Emandi Sankara Rao


Dr. Emandi Sankara Rao, before joining IFCI Limited as MD & CEO was Director & Chief Executive Officer of IIFCL Asset Management Company Ltd. He has more than 25 years of experience with leading institutions in infrastructure and banking & finance sectors and also served as the Founder Director & CEO of IIFCL Projects Limited. He is an alumnus of IIT Bombay (PhD) and IIT Kharagpur (M. Tech) and has also done PGDBA from Pondicherry Central University.

Previously, he had served in IDFC Group as Director & Business Head and in IDBI as DGM and has extensive experience in Project & Corporate Finance, Private Equity, Investment Banking and Infrastructure Development. He has also been instrumental in raising long term funds for IIFCL from both domestic and foreign sources and developed financial products like Credit Enhancement-cum-Takeout and Acquisition Finance at IDFC.

He was also a member in the Sub-Group on Infrastructure (under RBI and erstwhile Planning Commission Working Group on Savings Formulation) of the 12th Five Year Plan, member of Sub-Group on Financing Urban Infrastructure in the 12th Five Year Plan, and a member in the Ministry of Finance – DFS Committee on Debt Market Development and contributed papers in various National and International Conferences & Workshops.


Shri B N Nayak

Executive Director & Chief Financial Officer


Mr. Biranchi Narayan Nayak has over 35 years of professional experience including 20 years in IFCI Limited in senior management in various functions like strategy, risk management, resources mobilization, disinvestment, treasury, corporate accounts and credit. Prior to this, he was in Orissa State Financial Corporation, a statutory corporation, where he had ample exposure to credit appraisal of SMEs, formulation of rehabilitation package for sick industrial companies, recovery of loans, resource raising and development of policies/implementation of systems and controls. He has served as the Managing Director of IFCI Venture Capital Funds Limited, a subsidiary of IFCI Limited and NBFC, having the business of managing venture funds and as director on the boards of various assisted concerns and subsidiaries of IFCI.

Currently, he is Executive Director & Chief Financial Officer of IFCI Limited and is director on the boards of Stock Holding Corporation of India Ltd., Tourism Finance Corporation of India Ltd., IFCI Venture Capital Funds Limited and Raichur Power Corporation Ltd. He is also the Chairperson of Rashtriya Gramin Vikas Nidhi, Guwahati and a Member of the Board of Governors of Centre for Entrepreneurship Development, Madhya Pradesh. He is a Science graduate, a law graduate, a fellow member of the Institute of Chartered Accountants of India and a Certified Associate of Indian Institute of Bankers.


Ms. Rupa Sarkar

General manager & Company Secretary


Ms. Rupa Sarkar, Company Secretary, IFCI is an Associate Member of the Institute of Company Secretaries of India, having more than 14 years of work experience. She has had experience of working both in Corporates as well as Consultancy.

She has been associated with IFCI Limited since December 2007.

She is a Commerce Graduate from Banaras Hindu University. She also holds a bachelor degree in Law from the University of Delhi.