T. V. Mohandas Pai is Padma Shri Awardee and current Chairman of Manipal Global Education. He was a former director of Infosys, and Head – Administration, Education and Research, Financial, Human Resources of Infosys Leadership Institute.
Information
Mohandas Pai joined Infosys in 1994 and served as a Member of the Board from May 2000– July 2011. He was the chief financial officer from 1994 to 2006. In 2006, he voluntarily demitted the office of CFO to lead efforts in the areas of Human Resources and Education and Research.
Transformation
As the CFO, he played a strategic role in transforming Infosys into one of the world's most respected and widely known software services companies. He formulated the country's first publicly articulated financial policy for the company. He played a key role in branding the company among the investor community and enhancing transparency and disclosure levels. The Infosys Annual Report, under his supervision, has won the top awards consistently from the Institute of Chartered Accountants and from the South Asian Federation of Accountants. Mohandas was an integral part of the Infosys team that enabled the first listing of an India-registered company on NASDAQ and the first sponsored secondary offering of American Depositary Shares by an Indian company. He was voted 'CFO of the Year' in 2001 by IMA India. He won the 'Best CFO in India' award from Finance Asia in 2002, and 'Best chief financial officer in India' in the Best Managed Companies poll conducted by AsiaMoney in 2004.
Regulators
Mohandas has been active in working with regulators to improve the business ecosystem. He was also a Member of the Kelkar Committee, constituted by the Ministry of Finance, Government of India, for reforming direct taxes, the Non-Resident Taxation Committee, the High Powered Committee on e-Commerce and Taxation. He served as a Member of the Board of Securities and Exchange Board of India from Sept 12 to July 16. He was a Member of the Empowered Committee for setting up the Tax Information Network of the Government of India. He also works with the Union Government and state governments in the fields of education, IT and business. He has been working with decision makers to improve the quality of education and availability of skilled manpower. He has been recently appointed as the head of the panel formed by SEBI Securities and Exchange Board of India to study the impact of fin-tech on securities market.
Literacy
Mohandas has a keen interest in improving literacy across the country, mainly primary education. In 2000, he, along with others, founded the Akshaya Patra Foundation, Bangalore, to start a midday meal program for school children. Today, the midday meal program feeds over children in 7,669 government schools across seven states in India, primarily in Bangalore's rural and urban areas, Mysore, Mangalore, Hubli, Mathura, Jaipur, Baran district of Rajasthan, Nayagarh district of Odisha, Puri, Bhilai, Guwahati, Ahmedabad and Vadodara. This program aims to feed children by 2020. This initiative has turned out to be the largest midday meal program in the world. He has made substantial personal contributions to this program.
Mohandas is a member of the Board of CSIR-Tech Pvt Ltd (www.csirtech.com. He presently is also on the board of National Stock Exchange of India, India's foremost securities trading exchange and Havells India Ltd., one of the largest Indian consumer electrical's company.
He is an ardent supporter of the Akshaya Patra Foundation and is one of the members of the of Akshaya Patra. Mohandas has been inducted as an Additional Director on the Board of on December 22, 2014 He still holds 728,000 shares of Infosys which were given to him as part of an employee stock ownership plan He is an active investor and important part of Indian startup community. He has over 50 investments including Zoomcar, Tripfactory, Online Tayari, YourStory, Licious,Justdoc, Mad Street Den etc. He is also one of the producers of an animated Sanskrit movie, Punyakoti. He is a Partner at Aarin Capital, General Partner at Exfinity Venture Partners, General Partner and Advisor at Ideaspring Capital, Partner at StartupXSeed, and an Investor in 3one4Capital
