Prime Team Board of Directors

N. Jayakumar

Managing Director & Group CEO

Mr. Jayakumar joined Prime Securities in 1992 . He holds a B.Tech Mechanical Engineering, IIT Delhi (1978-83) and an MBA from IIM Ahmedabad (1983-85). Prior to joining Prime, he was head of the Corporate Finance and Merchant Banking Group at Citibank, having previously spent several years in Money Markets and Securities Trading.

He is a recognized Speaker on various Business TV channels and fora for Equity Research, Wealth Management, Private Equity, the Indian Economy and Stock Markets.

Among his other passions are compiling cryptic crossword puzzles, mentoring young adults, ten-pin bowling(represented India in the World Championships in Malaysia in 2003) and Hindi film music.

Smeeta Bhatkal

Independent Director

Ms. Smeeta Bhatkal is presently a Dean - Banking, Financial Services & Insurance at Wellingkars Institute of Management Development & Research, Mumbai. She is currently pursuing Ph. D. at Mumbai University. She has attended the Global Colloquium on Participant Centered Learning Program (GCPCL) at Harvard Business School, Boston in 2010 and in Sao Paulo in 2011. She has attended the program on International Financial Markets conducted by the Bombay Stock Exchange, which involved visiting 6 financial centres of Asia to understand their financial systems. She has attended the Morgan Finance Program at JP Morgan’s New York office and was rated as “Consistently exceeds JP Morgan’s rigorous standards”. She is the author of the book Handbook of Banking Terms. She was an Independent Director on the Board of SBI General Insurance Company Limited and SBI DFHI Limited. She was associated with Prime Securities from 1995 to 2002 as Director, Corporate Finance. Prior to Prime, she was associated with ICICI Limited and ICICI Securities and Finance Company Limited as Group Manager, Corporate Finance from 1992 to 1995.

Ms. Smeeta Bhatkal is a postgraduate from the Indian Institute of Management, Ahmedabad and Bachelor of Commerce from Sydenham College, Mumbai and won various academic awards for performance at the I.C.S.E., H.S.C. and B.Com. examinations.

Ashok Kacker

Independent Director

Mr. Ashok Kacker is former Chief Commissioner of Income Tax. He took voluntary retirement in 2007, after working for more than three decades with Income Tax Department, Government of India (GoI). During his services with GOI he held important senior position both in executive capacities as well as in policy formulation role including 6 year stint as Executive Director with Securities and Exchange Board of India.

He is currently, Founder & Managing Partner of A. K. Advisors and Consultants, providing financial consultancy services. He is on board of directors of several companies, which includes Max India Limited, Umrao Institute of Medical Science and Research Trust, Samco Asset Management Company Ltd. In past he has served on Board of Indiabulls Asset Management Co Ltd, Indiabulls Industrial Infrastructure Ltd, Mahindra Satyam amongst others.

He holds a Master's degree in Physics from the University of Allahabad where he topped his class in 1972.

Mayank Malik

Independent Director

Mr. Mayank Malik has performed diversity of roles over the past 35 years (of which 20 years has been as the CEO across 5 countries). He has headed Citibank in the Middle East and Africa including Bahrain, Jordan and Iraq. He has unique and extensive experience building new businesses in the Middle East and Africa region for Citibank, UAE and India for Standard Chartered Bank and also running large consumer banking franchises as CEO of Citibank Bahrain. He has headed 5 countries in the Middle East and Africa region as the Chief Executive Officer of Citibank. He also served as President and Chief Executive Officer of IndusInd International Holdings Limited. Mayank was the Chairman of the Tanzania Bankers Association and was appointed to the Tanzania National Business Council chaired by the President of Tanzania that comprises of 12 business leaders personally selected by the President across all industrial sectors in the country. He was elected as the Chairman of Bahrain Association of Banks (BAB), the official industry body representing the banking and financial services industry in the country (comprising over 150 international, regional and local banks), the first non-Bahraini to be ever elected to this industry position since 1971. He has served on a number of Boards over the years including the American Chamber of Commerce in 5 countries, inJAz (Junior Achievers Worldwide), King Abdullah Development Fund, King Hussein Centre for Excellence, Bahrain Human Resource Development Fund, the Bahrain International School and several other educational and community associations.

Mr. Mayank Malik is a postgraduate from the Indian Institute of Management, Ahmedabad and Bachelor of Commerce (Hons.)- 1st Position in University of Delhi / University Topper Gold Medal and recordholder for the highest marks obtained.

Sujit Kumar Varma

Non-Executive and Non-Independent Director

Mr. Sujit Kumar Varma is a career banker with proven track record of leading diverse business departments. He is highly experienced in Corporate and Retail Credit, Trade Finance, International Banking, Risk Management and Compliance. Mr. Varma had been associated with the State Bank of India ("SBI") for over 3 decades where he held several important positions viz., Chief Executive Officer - SBI New York USA, General Manager - Mid-Corporate Regional Office, Mumbai, India and Chief General Manager - International Banking. Mr. Varma superannuated as Deputy Managing Director, Corporate Accounts Group from SBI in January 2021.

Mr. Varma holds a Bachelor of Arts (Hons.) in English and certifications from renowned institutes like Indian Institute of Banking & Finance, Mumbai, India, Harvard Business School, NYU Stern School of Business, New York, USA, Indian Institute of Management, Ahmedabad, India and Indian Institute of Management, Calcutta, India.

Akshay Gupta

Whole-time Director

Mr. Akshay Gupta has more than 25 years of experience in Banking, Asset Management, Investment Banking and Capital Markets.

Prior to Prime, he was working with Indiabulls as the Group Executive Head & CEO-Asset Management and other fee income businesses. He was associated with Peerless Asset Management as MD & CEO for more than 6 yrs, wherein he led the initiative to setup a new AMC and made it one of the fastest growing new AMCs in India.

He worked with ICICI Prudential Asset Management Company from 2002- 2007 as a Business Head and was part of the Senior Management team that made it the largest and most successful AMC at that time. Prior to joining the AMC industry, Mr. Akshay Gupta was a Banker having worked in ABN AMRO Bank and HSBC working in capital markets and assets. He has also written and published thought leadership papers and articles on capital markets and asset management.