The governance structure of NIIF is designed to benefit from the guidance of its sponsor, the Government of India as well as its global and domestic investors, while at the same time allowing for commercial and independent decision making by the Investment Manager.
We follow robust governance standards with clearly defined roles and responsibilities that ensure accountability.
The Board has primary responsibility for NIIFL’s activities and meets periodically for the establishment and review of NIIF’s overall strategy, but it does not involve itself in investment or operational decisions.
NIIF’s Executive Committee comprising of the Senior management of NIIFL including its Managing Director and CEO has the responsibility for the implementation of NIIF’s strategy and operations, including all decisions related to investments. Investment decisions are based solely on commercial objectives in order to deliver sustained long-term financial returns.
We enjoy strategic guidance from our Governing Council, chaired by the Finance Minister of India. The Governing Council also comprises eminent members from the business, investment and policy sectors. The Council meets annually and provides overall guidance on overall NIIF strategy. Read more
Board of Directors
Our Board comprises shareholder representatives and /or nominees and independent Directors. We have a professional Board that meets every quarter to establish and review overall strategy pertaining to the business and affairs of NIIFL. Read more
The Investment Committee (IC) of NIIF’s Funds comprising of the senior management including the Managing Director & CEO has the responsibility of reviewing and decision making on all investments through a three-stage approval process. The IC also decides on portfolio management and exits and reviews investment performance on a periodic basis.