Board of Directors
Ram Kanoongo - Managing Director & Insolvency Professional
Mr. Kanoongo, is a Chartered Accountant, has a professional career of more than 35 years and has handled multiple assignments in the field of Management, Finance, Turnaround / Re-structuring, Capital Market, Debt Syndication, Corporate Laws, Taxation, Auditing, Risk Assessment & Management Consultancy. Mr. Kanoongo has gathered an invaluable blend of board-level and senior management level operational expertise in Businesses, Strategic Finance, Corporate Law & Governance, and an in-depth understanding the Legal and Ethical implications of corporate financial decisions. He is at present Insolvency Professional and Managing Director of Headway Resolution and Insolvency Services Pvt Ltd an Insolvency Professional Entity, recognized by IBBI. He is empanelled with the State Bank of India to act as an IRP/ RP. He is also a Member of INSOL India.
Purusottam Behera - Director & Insolvency Professional
Mr. Behera, is an ex-General Manager of SBI having 36 years of experience in banking industry. He has extensive exposure in Corporate Banking, Credit Operations, Stressed Assets Management, Restructuring & Rehabilitation, Risk Management and Internal Audit functions. His last posting was in the Credit Monitoring Department where he worked as General Manager & Chief Credit Officer of National Banking Group with overall responsibilities of looking after the entire spectrum of NPA recovery and all post sanction monitoring activities. He also oversaw the collection related functions for all the four business units - home loans, personal banking, agriculture and SME loans of all the 17 circles of State Bank of India. He successfully planned and established war rooms in all 500 plus Regional Business offices of SBI for NPA control and recovery. He was also a member of FIC (Fraud Identification Committee) at the Corporate Centre for examining fraud angles in large value advances.
Surya Pratap Gupta - Director & Insolvency Professional
Mr. Surya Pratap Gupta is a 1984 batch Maharashtra Cadre Indian Police Service Officer, with more than three and a half decades in leadership roles, strategizing law and order policies, controlling crime (including economic offences), leading fraud and misconduct investigations, collection and collation of intelligence, dispute advisory and resolution, advisory and resolution of anti‐bribery and corruption cases. He contributed extensively to the development of SOPs and guidelines for fraud prevention and excellence in ethics management. He retired on 31st July 2016 as Addl. Director General of Police & Director, MSEB Holding Co. Ltd. Maharashtra State. Mr. Gupta has received extensive formal training in Police Administration, Fraud Management, Business and Financial Management including at the London Business School, U.K. He was awarded the Mahatma Gandhi Peace Award 2007 ‐ 08 by the Maharashtra State Minorities Commission, Government of Maharashtra for professional excellence
Anuj Bajpai - Whole Time Director & Insolvency Professional
Mr. Bajpai has nearly 20 years of professional experience in the areas of Financial Services and Business Development. He has hands on experience in business operations of large corporations and has worked extensively in the areas of Private Equity, Venture Capital and Start-Up Investments. A large part of his professional experience carries assignments on arranging Private Equity, Structured Finance, Debt Syndication and Restructuring of mid-size companies. In the course of his profession, he has interacted with a number of Banks, NBFCs, Mutual Funds, Private Equity Funds and Family Offices to identify potential investment opportunities in Debt and Equity. Mr. Bajpai was associated with many a reputed industrial conglomerates like TATA, Godrej and Lalbhai and has an excellent understanding of the processes of professionally managed companies.He is an MBA from ICFAI Business School, Kolkata and also a B.E. in Electronics and Power Engg.
Shailesh Desai - Whole Time Director & Insolvency Professional
Mr. Desai has more than two decades of experience in Financial Services, especially in the field of Litigations, Due Diligence, Arbitration and Compliance. He has wide experience in Investment Banking, Manufacturing, Stock and Insurance Broking Industry. He has wealth of understanding in Courts/Arbitration process and successfully handled number of cases independently. He has handled issues and cases related to HR such as recruitment, pay roll and Labour laws. He has developed a keen sense in understanding the Corporate Legal Framework of the country. He is graduate in Law from Mumbai University and has a Masters in Business Administration in Human Resources.
Nandkishor V Deshpande - Director & Insolvency Professional
Mr. Deshpande, BSc, DBM, CAIIB, is an ex-Assistant General Manager, at SBI. He has over 30 years of experience in banking industry. He has wide experience ranging in loan processing & sanctioning which included risk analysis and financial due diligence. He was posted in SAM Branch for the last 7 years wherein he was actively involved in resolution and recovery of the high value stressed assets (NPA accounts). He has acquired expertise in handling of high value stressed assets and has vide experience of management, resolution, settlements , recovery of accounts in various industries.
Jayanti Lal Jain - Director & Insolvency Professional
Mr. Jain has more than 25 years of experience in Legal and Compliance areas. He has tremendous experience understanding legal issues in restructuring of non-viable and financially weak companies. He also understands the Regulatory issues relating to reverse mergers and re-listing. He is a graduate in Commerce.
Shubham Kanoongo - Director & Insolvency Professional
Mr. Shubham Kanoongo has a professional career of 6 years and has handled various assignments in the field of Private Equity, Financial Management, Turnaround / Re-structuring and Debt Syndication. He has also been involved in advisory and consulting roles to technology start-ups. He holds a Bachelors Degree (BSc.) in Accounting & Finance from London School of Economics & Political Science and a Postgraduate degree (MSc.) in Financial Management from Newcastle Business School, UK. He also has a sound understanding of Corporate Laws and has attended the Postgraduate Diploma in Securities Law Programme from GLC, Mumbai.
Hari Das Khunteta - Director & Insolvency Professional
Mr. Hari Das Khunteta, CA, retired as Director (Finance and Accounts), on Board of Rural Electrification Corporation Limited, New Delhi after serving as board member from May 2004 to July2012. Earlier, he also held additional charge as Chairman & Managing Director of the company from April 16, 2011 to November 29, 2011. He had also served as Executive Director (Finance) in NHPC Ltd., Sr. position in Renusagar Power Co. unit of Hindalco, Aditya Birla Nuvo Ltd. etc. Mr. Khunteta is a veteran professional of the power sector and has remarkable experience in Financial Planning, Business Analysis, Strategic Planning, Human Resources, treasury Management, Raising of resources including Hedging / Swap transaction to reduce cost of borrowing. At present, he is a Director with Headway Resolution and Insolvency Services Pvt Ltd and in-charge of our New Delhi Office.