Ajmera Realty & Infra India Ltd announces the onboarding of Jayesh Mehta as an Independent Director. Effective from 11th August 2024 for a tenure of five years. Mehta brings over 35 years of stellar experience in Indian fixed- income markets and has made significant contributions towards the sector with a commendable career track record.
He is currently Vice Chairman and CEO of DSP Finance Pvt. Ltd from January 2024. He was Managing Director, Country Treasurer at Bank of America N.A. till Dec 2023. Furthermore, he has held leadership roles in industry associations, including the Primary Dealers’ Association of India and FIMMDA and contributed to regulatory and legislative reforms as a member of various committees, including the Reserve Bank of India’s Technical Advisory Committee and the Financial Sector Legislative Reforms Commission.
At Ajmera Realty he will play a key role in enhancing the corporate governance of the company, bringing his vast experience and independent judgement to oversee key areas such as strategy, operations, risk management, succession planning, and protecting the interests of stakeholders. As an independent director, Mehta will contribute towards ensuring better governance and risk management which includes scrutinizing, monitoring, and analyzing the performance of the company which is as set by board members, while at the same time he would be responsible for ensuring the integrity of financial information systems and risk management.
Speaking on the appointment, Dhaval Ajmera, Director, Ajmera Realty & Infra India Ltd, said, "We are pleased to welcome Jayesh Mehta as an Independent Director of Ajmera Realty. We are at an important juncture of growth in our company and the expertise of Mehta will contribute to enhancing the company’s risk management framework, ensuring that it is both resilient and adaptive to the dynamic market environment. We look forward to a fruitful and lasting collaboration driven in best interest of Ajmera Realty.
