Membership in Group Committees
- Audit Committee – Member
- Board Risk Committee – Chairman
- Nomination and Corporate Governance Committee – Member
- Board Digital and Transformation Committee – Vice Chairman
Other current posts
- Independent Non-Executive Director, Eurobank Holdings
- Non-Executive Member of the BoD, Commercial International Bank (CIB) Kenya Limited (since November 2023)
- Independent Non-Executive Member of the BoD, UTI Asset Management Co. Ltd (UTIAMC) (since December 2019)
- Independent Non-Executive Member of the BoD, Commercial International Bank (CIB) (since October 2019)
- Independent Non-Executive Member of the BoD, Gulf International Bank, Kingdom of Saudi Arabia (since April 2019)
- Independent Non-Executive Member of the BoD, Gulf International Bank, Bahrain (since August 2018)
- Member of the Global Advisory Board, The University of Chicago Booth School of Business, USA (since 2009)
- Member of the Pan-IIM Board, Indian Institutes of Management (since 2011)
Former career milestones
Mr Kakar served for 11 years in Fullerton Financial Holdings, a fully owned subsidiary of Temasek Holdings, Singapore, as:
- Global Founder Member
- Executive Vice-President (EVP)
- Founder Global Management Board Member
- Executive Vice-President (EVP), Global Head of Consumer Banking and Regional Chief Executive Officer (CEO) for the Central & Eastern Europe, Middle East and Africa (CEEMEA)
In the past Mr Kakar has also served as:
- Founder, Managing Director and CEO of Dunia Finance LLC, UAE (2006-2018)
- Chairman of the BoD, Fullerton Securities & Wealth Advisors, based in New Delhi, India (2008-2017)
- Member of the Board of Commissioners, Adira Dinamika Multi Finance Tbk, subsidiary of Bank Danamon, Jakarta, Indonesia (2010-2013)
Mr Kakar held senior management positions in the Citigroup:
- Regional Head and CEO for Turkey, Middle East and Africa (TMEA) region, based in Dubai, UAE (2003-2006)
- Cluster CEO for Turkey and Egypt, based in Istanbul, Turkey (2002-2003)
- CEO and Country Head for Egypt, based in Cairo, Egypt (2000-2002)
- Founder, Managing Director and CEO, Citicorp Maruti/Suzuki Finance Ltd, based in New Delhi, India (1997-2000)
- CEO and Business Manager, Citibank NA/India Auto Finance Business, New Delhi, India (1996-2000)
- Various positions (1988-1996)
Other milestones in Mr Kakar’s career include:
- Independent Non-Executive Director of the BoD, Visa International, CEEMEA, based in London, UK (2004-2006)
- Independent Non-Executive Member of the Governing Council, EM3 Agri Services, an India-based innovative Agritech, BPO startup
Education
- Master of Business Administration (MBA), Indian Institute of Management Ahmedabad, India (1985-1987)
- Bachelor of Technology and Mechanical Engineering, Indian Institute of Technology Delhi, New Delhi, India (1980-1985)
Place of birth
New Delhi, India