CAII Committees

U K Sinha

Former Chairman, SEBI

Indian capital markets never had it better than when U K Sinha was at the helm of the corner office at SEBI. His tenure as Chairman, SEBI is marked by the wide ranging market reforms. He ensured that the regulator shifts its focus from surveillance to supervisory. In regulatory changes, his tenure at SEBI saw the strengthening of insider trading rules, listing and delisting norms and a widened definition of an insider.

The market regulator, which had become a beehive of activity under his leadership, expanded its territory as a market developer, reworked and re-examined the SEBI Act to effect more than 50 amendments—a bold and unprecedented move that added dynamism to the regulator—cleaned up the primary markets and opened the Institutional Trading Platform (ITP) for listing of SMEs. The SME success story in the Indian market today is reflective of the regulatory support—all Sinha’s doing. He is also credited with allowing Real Estate Investment Trusts, Infrastructure Investment Trusts and municipal bonds.

Given his commitment and passion to see the SMEs grow, he is now heading a committee constituted by RBI to making suggestions for long-term solutions for economic and financial stability of the sector.

Gulshan Rai

Former National Cyber Security Coordinator

Gulshan Rai is Former National Cyber Security Coordinator at the Prime Minister’s Office, Government of India.

Dr. Rai has over 30 years of experience in Information Technology, including e-governance, cyber security and cyber laws. He led a team to set up the National Watch and Alert System in India. Dr. Rai has over the years helped in the drafting of national policies on cyber laws and cyber security.

As the Executive Director at ERNET India, Dr. Rai was instrumental in setting up the first large scale education and research network in close collaboration with leading educational and research institutions. During his tenure, the project — National Knowledge Network — was designed and evolved.

Dr. Rai has represented India in official forums, bilateral discussions and negotiations in the areas of cyber security and internet governance.

Dhanendra Kumar

Former, Chairman CCI, ED World Bank & Secretary Government of India

Mr. Dhanendra Kumar was the first Chairman CCI. He was instrumental in setting up its enforcement machinery, regulations, systems and procedures, and steering the Commission in its initial years of existence ( 2009-11), specially its M&A regime.

On completion of his term in CCI, he headed the Experts’ Committee to frame the Draft National Competition Policy, and suggesting amendments to the Competition Act, 2002, He also Chaired the Committee of experts of the Ministry of Housing to suggest regulatory reforms in the real estate and housing sector.

Mr. Kumar is currently advising, among others, the Indian Institute of Corporate Affairs (of Ministry of Corporate Affairs) as Hony Principal Advisor, and Chief Mentor for the School of Competition Law and Policy- the National Centre of Excellence in Competition and Regulatory Affairs. He is frequently invited to deliver lectures at NLU Delhi, and elsewhere.

Before joining CCI, Mr Kumar was India’s Executive Director at the World Bank ( 2005-09) where he also represented SriLanka, Bangladesh and Bhutan. He was also Secretary in Ministries of Defence Production, Transport, etc. He also served in Haryana, where he is known for development of Udyog Vihar, Manesar, and industrial development.

Sudhir Nayar

MD, Commercial Sales, Cisco India and SAARC

Sudhir Nayar is Managing Director for Commercial Sales for Cisco India & SAARC where he leads a high performing team to drive sales and increase adoption of Cisco’s products and solutions across the Commercial segment.

Sudhir has 27 years of extensive experience in business management, sales/partner management and leadership in the Technology industry. Prior to joining Cisco, Sudhir worked with Microsoft where he led Sales and Marketing for the SMB segment in India. His role included formulating and executing strategies to establish Microsoft as a thought leader for 51 million SMBs and leveraging India’s largest IT network of 3,000+ partners. He was responsible for transforming India’s largest partner ecosystem to enable the digital transformation of Indian businesses.

Earlier at Oracle, Sudhir lead the Corporate Strategy & Business Development function where he was responsible for developing and executing Oracle’s growth plan in India. Sudhir also worked in Sun Microsystems for 10+ years, where he held leadership roles for BFSI, ITS, and the Partner Sales organization.

Sudhir has a B.Tech in Electronics and Communications from REC, Warangal.