Mr. Mahendra Shah

Company Secretary & Chief Compliance Officer

Mr. Mahendra N. Shah is the Company Secretary & Chief Compliance Officer of IDFC Bank Limited. He has been the Group Head - Governance, Compliance & Secretarial and Senior Advisor – Taxation at IDFC Limited for over a decade. In this role, Mr. Shah was responsible for Secretarial, Governance and Compliance function for over 26 companies of IDFC Group.

He was extensively involved in the setting up of IDFC Bank Limited right from filing the application for banking license till the completion of the Demerger Process of IDFC Limited and IDFC Bank Limited. He has been instrumental in saving huge amount of taxes and duties by advising suitable structuring solution to corporate reorganization and various project finance deals over the years. At group level, he oversees the compliance function of Mutual Fund, Securities and Alternatives business.

Prior to joining IDFC in 2001, Mr. Shah worked with International Paper Limited for a period of six years as Director Finance and Company Secretary where he was in charge of finance function and regulatory compliances. He also worked with Pfizer India Limited in the Taxation and Finance Department. Mr. Shah has worked as Head of Taxation in SKF Bearings India Limited where he was responsible for Direct and Indirect Taxation matters of entire organization across India for their bearing business.

He has wide experience of approximately 30 years in the areas of Finance, Taxation and Corporate Laws and dealing with various regulators like RBI, SEBI, NSE, BSE, FINRA, MAS and various ministries.

He is a qualified member of the Institute of Chartered Accountants of India, the Institute of Cost Accountants of India and the Institute of Company Secretaries of India.

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