About Us >Board of Directors
Mr. P R Jaishankar (CEO, IPL) (Chief General Manager, IIFCL)
Mr. P. R. Jaishankar comes with a rich experience of over 28 years in the Development Banking and Financial Sector, wherein he has handled Top Management and Board Level roles, with specialized exposure in Infrastructure, Mortgage and Capital Markets. He is presently serving as Chief General Manager, IIFCL, Chairman (Board of Trustee) of IIFCL Asset Management Company Limited (IAMCL), Director, IFCI Factors Ltd and Director, IIFCL Projects Ltd (IPL).
At IIFCL, he has been looking after Infrastructure Project Finance, Corporate Planning, and Development of Innovative Products such as Take-out Finance, Credit Enhancement. In addition to this, he is also handling Human Resources, CSR, Corporate Communication and MIS departments of the Company. He is leading the initiative of setting up of a dedicated Credit Enhancement Company for the infrastructure sector on behalf of IIFCL, pursuant to an announcement in the Union Budget 2016-17. Under his leadership as MD & CEO of IPL during 2013-14, he led a swift turnaround of the Company in its initial years with a robust year-to-year topline growth, a positive PAT and EPS (increased 3 times). He also led IPL in achieving New Businesses, Expanding Client Base, Strengthening Stakeholder Relationships as well as Building & Developing Institutional Capacities.
Before joining IIFCL, he has worked with the National Housing Bank (NHB) for around 23 years during 1989 to 2011. At NHB, he has held various senior level positions including Zonal Manager (South India Zone) with independent charge of 3 Regional Offices in Andhra Pradesh, Tamil Nadu and Karnataka (also covering Kerala State), stationed at Hyderabad. He is well known for having conceptualized and structured the first ever Mortgage Securitization Transaction in India in the year 2000, followed by a number of other innovative instruments/products in the Indian Capital Market such as Takeout Finance, Credit Enhancements, Affordable Housing Finance, Reverse Mortgages (enabled Annuities) etc. He has also been a member of the Advisory Board constituted by the Ministry of Shipping, Government of India to guide policy and implementation of PPP projects in the Ports Sector.
Mr. Jaishankar holds a Bachelors' Degree in Civil Engineering from Osmania University, a Masters in Technology from the Indian Institute of Technology, Delhi and an MBA (Finance) from the Faculty of Management Studies (FMS), Delhi University.