WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM
Vice Admiral Jacob was till recently a member of the National Security Advisory
Board to the Prime Minister of India.
Mr Narayan K Seshadri:
Mr Narayan Seshadri is the founder Chairman and CEO of Halcyon Group, an
Investment Advisory and Management Services organization. Halcyon Group runs a
USD 300 million Special Situations Fund investing in distressed companies and latent
businesses with considerable potential for growth. Halcyon Group’s team works with
such investee companies on a high touch mode to around or turn up their
performance. Mr Narayan Seshadri has led several such investments in financial,
retail, contract research and manufacturing, textiles, paper and lifestyle marketing.
Prior to establishing Halcyon Group, Mr Narayan Seshadri was the Managing Partner
at KPMG’s Business Advisory Services Practice which he helped turnaround and
rebuild. Before KPMG, Mr Narayan Seshadri led Arthur Andersen’s Business
Consulting Practice in India as part of Andersen’s India leadership team. He
personally built this practice to achieve a leadership position in the consulting space.
Mr Narayan Seshadri was also a member on Andersen’s global CEO advisory council,
the first and only Indian partner to hold such a position. Mr Narayan Seshadri has
worked in the UK, Middle East and India and helped on various global initiatives and
engagements during his consulting career. Besides the industry sectors that he
currently works with, Mr Narayan Seshadri has advised the Power, Banking and
Financial Services, Agribusiness, Pharmaceutical, Healthcare, IT and ITES Sectors at
different levels – from policy formulation to corporate strategy, restructuring and
organization transformation.
Mr Narayan Seshadri is a Chartered Accountant by profession with over twenty-five
years of professional experience.
Mr Trevor Lucas (Alternate Director to Mr Leon Liu):
Mr Trevor Lucas is a Bachelor of Business Studies (Honours), University of Dublin
and a Fellow member of the Institute of Chartered Accountants in Ireland.
He has served KPMG, Dublin from 1975 to 1982 as General Practice Manager. He
was with CPC Europe, holding various positions as Manager Finance & Taxes,
Manager Financial Services and Systems and Manager Financial Accounting (CPC
Ireland, Dublin).
He has also served as head of Finance for Council for Education, Recruitment and
Training for the Hotel, catering and tourism industry, Dublin.
He was with EMEA – Bestfoods, Brussels (Unilever Group) during 1989-2002 as
Director Finance and Taxes.
He joined American Standard, Brussels, (WABCO Division) in 2003 as Vice President
–Taxes. Following the spin off of WABCO Division from American Standard he is
presently the Vice President–Taxes of WABCO Holdings Inc.
Interest of the Directors:
Excepting Mr H Lakshmanan, Director, no other Director of the Company holds
Equity Shares. All the Directors are entitled to reimbursement of expenses incurred
in connection with the business of the Company and are entitled to normal
remuneration / sitting fee from the Company. Excepting this, the Directors have no
other interest in the Company.
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