Aligning Financial Regulatory Architecture with Country Needs:

Lessons from International Experience

The World Bank New Delhi Office

June 5-6 2004

The Oberoi (The Ballroom), New Delhi, India

 

A. Vishwanathan

Additional Central P.F. Commissioner

Employees' Provident Fund Organisation

Bhavishya Nidhi Bhawan

14, Bhikaiji Cama Place

New Delhi – 110066

Tel: 011-26172677/26172677

Fax: 011-26168431

aviswanathan@indiatimes.com

 

 

 

Ajai Singh

Central Provident Fund Commissioner

Employees' Provident Fund Organisation

3rd Floor, Bhavishya Nidhi Bhavan

14, Bhikaji Cama Place

New Delhi – 110066

Tel: 011-26172671

Fax: 011-26172666

coepf@vsnl.net

 

 

Ajay Shah

Consultant

Ministry of Finance

Department of Economic Affairs

Room No. 33, A-1, North Block

New Delhi – 110 001

Tel: 011-23092550

Fax: 011-23093168

ajayshah@mayin.org 

 

 

 

Alexa C. Lam

Member of the Commission and Executive Director

Securities and Futures Commission

8th Floor, Chater House

8 Connaught Road Central

Hong Kong

Tel: 852-28409337

Fax: 852-25265304

alam@hksfc.org.hk

 

 

Alexander E. Fleming

Sector Manager, Finance and Private Sector Development

The World Bank Group
1818 H Street, N.W.
Washington, D.C. 20433

Tel: (202) 473-7813

Fax: (202) 334-8350

afleming@worldbank.org

 

 

 

Anand Bordia

Member

Pension Fund Regulatory and Development Authority Ground Floor, Jeevan Bharti Building

Connaught Place

New Delhi – 110001

Tel: 011-23359911

Fax:011-2335 9910

neerabordia1@yahoo.co.in

 

 

Andre Bezuidenhout

Head, Financial Stability Department

South African Reserve Bank

370 Church Street

P.O. Box 427, Pretoria, 0001

Tel: (012) 313 3401

Fax: (012) 313 4772

andre.bezuidenhout@resbank.co.za

 

 

 

Anil J. S. Jhala

Chief Financial Officer

Birla Sun Life Insurance Company Limited

6 th Floor,Vaman Centre, Makhwana Road

Off Andheri-Kural Road

Mumbai – 400059

Tel: 022-56757060/56783333 (extn. 7060)

Fax: 022-56783207

aniljhala@birlasunlife.com

 

 

Anita D’Souza

Program Assistant

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491 (extn.176)

Fax: 011- 24619393

adsouza@worldbank.org

 

 

 

Ashok Jha

Manager

Financial Institutions Reform and Expansion-Regulatory (FIRE-R) Program

United States Agency for International Development

American Embassy, Shantipath

Chanakyapuri

New Delhi – 110021

Tel: 011-24198584

Fax: 011-24198612/24198454

ajha@usaid.gov

 

 


Ashok Sahu

Labour & Employment Adviser

Ministry of Labour

Shram Shakti Bhavan

New Delhi - 110001

Tel: 011-23719054

Fax: 011-23719054

asahu@hub.nic.in

 

 

 

Ashwani Puri

Executive Director

PricewaterhouseCoopers (P) Ltd.

Advisory Services

1, Copernicus Marg, 5th Flr.

New Delhi – 110001

Tel: 011-23389483/23385627/5628

Fax: 011-23385641

ashwani.puri@in.pwc.com

 

 

B.K. Bhattacharya

Senior Advisor

India State Fiscal Management Program

Shankari Building

#1-D, Palace Road

Bangalore – 560001

Tel: 080-22354680/9845193618

Fax: 080-22354020

bkbhat@hotmail.com

 

 

 

Cheolsu Kim

Head, Financial & Private Sector

Asian Development Bank

India Resident Mission

4, San Martin Marg, Chanakyapuri

New Delhi – 110021

Tel: 011-24107200/24194375

Fax: 011-26870955/26870946

ckim@adb.org

 

 

Chris Matten

Executive Director

PricewaterhouseCoopers

Financial Risk Management (FRM), 8 Cross Street
17-00, PWC Building

Singapore 048424

Tel: (65) 62 363878/62363388

Fax: (65) 62 363300

chris.matten@sg.pwc.com

 

 

 

D.N. Padhi

Addl. Secretary & Financal Adviser

Ministry of Consumer Affairs, Food and Public Distribution

Room No.173, Krishi Bhavan

New Delhi – 110001

Tel: 011-23384418

Fax: 011-23384257

asfa_mincafoodpd@hotmail.com

 

 

David William Knott

Special Adviser

Allens Arthur Robinson

21 Epping Street

East Malvern, Victoria  3145

Tel: 61 3 9613 8171

david.knott@aar.com.au

 

 

 

Dimitris Tsitsiragos

Director

International Finance Corporation

No. 1 Panchsheel Marg

Chanakyapuri

New Delhi – 110021

Tel: 011-26111306

Fax: 011-26112278

dtsitsiragos@ifc.org

 

 

Elizabeth O. Adu

Deputy General Counsel, Operations

Legal Vice Presidency

The World Bank

1818 H Street, NW

Washington DC – 20433

Tel: 202 4581758

Fax: 202 5221589

eadu@worldbank.org

 

 

 

G. N. Bajpai

Chairman

Securities and Exchange Board of India (SEBI)
Mittal Court, 'B' Wing,.

224, Nariman Point

Mumbai – 400021

Tel: 022-22028221/22851596

Fax: 022-22855585

chairman@sebi.gov.in

 

 


G. R. Bhatia

Additional Director General

Competition Commission of India

‘B’ Block, 3rd Floor

Paryavaran Bhavan, CGO Complex

New Delhi – 1100003

Tel: 011-24362191

Fax: 011-24369238

cci-gurdev@hub.nic.in

 

 

 

Gayon M. Hosin

Division Chief 
Financial Institutions Supervisiory Division

Bank of Jamaica, Nethersole Place
PO Box 621, Kingston
Jamaica

Tel: 876 922-0750-9 (Extn. 2919)

Fax: 876 922-2519

gayonh@boj.org.jm

 

 

Graham Bird

Pension Products and Development Expert

Invest India Economic Foundation

2 Poorvi Marg, Vasant Vihar

New Delhi

Tel: 011-55687905/06

Fax: 011-26155038

graham@iief.com

 

 

 

Gyan Bhushan

Deputy Director

Pension Fund Regulatory and Development Authority

Ground Floor, Jeevan Bharti Building

Connaught Place

New Delhi – 110001

Tel: 011-23359911

Fax: 011-2335 9910

gyanbhushan@hub.nic.in

 

 

Inderbir Singh Dhingra

Private Sector Development Specialist

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491 (extn.375)

Fax: 011- 24619393

idhingra@worldbank.org

 

 

 

Jaideep Sen

Head-Risk Management

National Commodity & Derivatives Exchange Ltd., Exchange Plaza, Bandra-Kurla Complex

Bandra (E)

Mumbai – 400051

Tel: 022-56406605/6789/9821124463

Fax: 022-56406899/26531237

jaideep.sen@ncdex.com

 

 

James A. Hanson

Senior Financial Policy Adviser

Finacial Sector Operations & Policy

Banking & Financial Restructuring

The World Bank Group
1818 H Street, N.W.
Washington, D.C. 20433

Tel: (202) 473-9496

Fax: (202) 522-2031

jhanson@worldbank.org

 

 

 

Jayanth R. Varma

Professor

Indian Institute of Management

Finance & Accounting Area

Vastrapur

Ahmedabad – 380015

Tel: 079-2632 4867/26308357

Fax: 079-26306896

jvarma@iimahd.ernet.in

 

 

Jeffrey Carmichael

Executive Chairman

Carmichael Consulting Pty Ltd

68 Riverlea Waters Estate

184 Beaudesert-Nerang Rd

Nerang QLD 4211

Tel: +61 7 55962243

Fax: +61 7 55965519

jeff_carmichael@bigpond.com

 

 

 

Joseph Del Mar Pernia

Sector Director, Finance & Private Sector
-South Asia

The World Bank Group
1818 H Street, N.W.
Washington, D.C. 20433

Tel: (202) 473-1000

Fax: (202) 477-6391

jpernia@worldbank.org

 

 


Jun Wang

Senior Financial Sector Specialist, East Asia Region

The World Bank
9th Floor,Building A, Fuhua Mansion
No. 8, Chaoyangmen Beidajie
Dongcheng District
Beijing 100027

Tel: (86-10) 6554 3361, extn. 3220;

Fax: (86-10) 6554-1686

jwang3@worldbank.org

 

 

 

K. G. Alai

General Manager

Small Industries Development Board of India

Resources Management Department

Nariman Bhavan, 12th Flr.

227, Vinay K. Shah Marg, Nariman Point

Mumbai – 400021

Tel: 022-22020751/9821283655

Fax: 022-22835770

kgalai@sidbi.com

 

 

M. A. Jabbar

Vice President – FPCCI

The Federation of Pakistan Chambers of Commerce & Industry

Federation House, Main Clifton

P.O. Box 13875, Karachi – 75600

Tel: 021-5831740/5873691/93/94

Fax: 021-5874332

fpcci@cyber.net.pk

 

 

 

M. Zubaidur rahman

Program Manager

The World Bank

Financial Management Unit

Operations Policy and Country Services

1818 H Street, NW

Washington DC – 20433

Tel: 202-4585230

Fax: 202-5220823

mrahman@worldbank.org

 

 

 

M.S. Annigeri

Chief Executive Officer

Fixed Income Money Market and Derivatives Association of India (FIMMDA)

81, 8th Floor, Maker Chambers VI

Nariman Point

Mumbai – 400021

Tel: 022-22025725/35/29

Fax: 022-22025739

mukund.annigeri@fimmda.org

 

 

 

Mahim Bisht

Head - Business Development

Principal Consulting (India) Pvt. Ltd.
503, Prakashdeep Building

7, Tolstoy Marg

New Delhi – 110001

Tel: 011-23316990/91

Fax: 011-23316992

bisht.mahim@principalindia.com

 

 

Manoj Jain

Senior Financial Management Specialist

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491

Fax: 011- 24619393

mjain1@worldbank.org

 

 

 

Manoj Vaish

Chief Executive Officer

The Stock Exchange, Mumbai

25th Flr., P. J. Towers, Dalal Street, Fort

Mumbai – 400001

Tel: 022-22721010/22721233-34 (extn.8348)/982029738

Fax: 022-22723457

drmanoj.vaish@bseindia.com

 

 

Margaret Vasu

Temporary Team Assistant

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491

Fax: 011- 24619393

mvasu@worldbank.org

 

 

 

Michael Carter

Country Director

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491

Fax: 011- 24619393

mcarter1@worldbank.org

 

 


Michael W. Taylor

Senior Economist

International Monetary Fund

Systemic Issues Division

Monetary and Financial Department

700, 19th Street, North West

Washington D.C. – 20431

Tel: 202 6236388

Fax: 202 6238964

mtaylor@imf.org

 

 

 

Michael Wattleworth

Senior Resident Representative

International Monetary Fund

121, Taj Palace Hotel, Sardar Patel Marg

New Delhi – 110021

Tel: 011-23023646/47/9810077413

Fax: 011-23023636

mwattleworth@imf.org

 

 

Mythili Ravi

Financial Specialist

Asian Development Bank

India Resident Mission

4, San Martin Marg

Chanakyapuri

New Delhi – 110021

Tel: 011-24107200/24194371

Fax: 011-246870956

mravi@adb.org

 

 

 

 

Nachiket Mor

Executive Director

ICICI Bank Ltd

ICICI Towers, 65th Floor, South Towers

Bandra-Kurla Complex

Bandra (East)

Mumbai - 400 051

Tel: 022-26538900

Fax: 022-26531218

nachiket.mor@icicibank.com

 

 

Narendra S. Sisodia

Secretary (Financial Sector)

Ministry of Finance, Banking Division

Department of Economic Affairs

Jeevan Deep Building, 3rd Floor

10, Parliament Street

New Delhi – 110 001

Tel: 011-23343478/23742100

Fax: 011-23343478/23747018

secretary.fs@nic.in

 

 

 

 

Nicholas Vickery

Representative

International Finance Corporation

South Asia Department

Godrej Bhavan, 3rd Flr.

Murzban Road, Fort

Mumbai – 400001

Tel:  022-56652000 / 9820303343

Fax: 022-56652001

nvickery@ifc.org

 

 

Niraj Verma

Financial Specialist

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491 (extn.151)

Fax: 011- 24619393

nverma@worldbank.org

 

 

 

O.P. Nahar

Additional Secretary (Conveyancing)

Ministry of Law and Justice

Department of Legal Affairs

4th Flr. ‘A’ Wing, Room No. 419B(A)

Shastri Bhavan, Dr. Rajendra Prasad Road

New Delhi – 110001

Tel: 23384505

Fax: 23384403

 

 

P. A. Balasubramanian

Member

Insurance Regulatory and Development Authority (IRDA)

Parishram Bhavan, 3 rd Fl.

Basheer Bagh

Hyderabad – 500004

Tel: 040-55820960

Fax: 04055823334

pabalas@irdaonline.org, irauth@vsnl.com

 

 

 

P. N. Venkatachalam

Member

Pension Fund Regulatory and Development Authority

Ground Floor, Jeevan Bharti Building

Connaught Place

New Delhi – 110001

Tel: 011-23359911

Fax: 011-2335 9910

pnv01@hotmail.com

 

 


P.H. Ravikumar

Managing Director & CEO

National Commodity & Derivatives Exchange Ltd.

Exchange Plaza

Bandra-Kurla Complex, Bandra (E)

Mumbai – 400051

Tel: 022-56406500/6789/9821124463

Fax: 022-56406898/56406800

ravikumar.ph@ncdex.com

 

 

 

Piyoosh Gupta

Regional Manager

Securities and Exchange Board of India

Northern Regional Office

Rejendra Bhawan, Rajendra Place

New Delhi – 110008

Tel : 011-25788658/25718911

Fax: 011-25768992

pgupta@sebi.gov.in

 

 

Praveen Mohanty

Fellow

India Development Foundation

249-F, Sector 18

Udyog Vihar Phase IV

Gurgaon - 122015

Tel: 95124-5014533/5014077 (Ext..381)/9811821757

Fax: 95124-5014080

pmohanty@idfresearch.org, praveenmohanty@mac.com

 

 

 

Priya Basu

Senior Financial Economist

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491(extn.265)

Fax: 011- 24619393

pbasu@worldbank.org

 

 

R. S. Ganapathy

Senior Advisor

The ICFAI University

19, Nagarjuna Hills

Panjagutta

Hyderabad – 500082 

Tel: 040-23435353-57

Fax: 040-23350107

rsganapathy@hotmail.com

 

 

 

R. Vaidyanathan

Professor of Finance

Indian Institute of Management (IIM), Finance and Control   

Bannerghatta Road

Bangalore – 560076

Tel: 080-26993086/26582450

Fax: 080-26584050

vaidya@iimb.ernet.in

 

 

R. Vasudevan

Director of Inspection & Investigation

Dept. of Company Affairs

Shastri Bhavan, 5th Floor, ‘A’ Wing

Dr. Rajendra Prasad Road

New Delhi – 110001

Tel: 011-23389602

Fax: 011-23384752

dirv.dca@sb.nic.in

 

 

 

Rajendra P. Chitale

Managing Partner

M.P.Chitale & Co

Hamam House

Ambalal Doshi Marg, Fort

Mumbai – 400001

Tel: 022-22651186/9821087281

Fax: 022-22655334

rajendra@mpchitale.com

 

 

Rajnikant Patel

Chief Operating Officer

The Stock Exchange, Mumbai

25th Flr., P. J. Towers, Dalal Street, Fort

Mumbai – 400001

Tel: 022-22722727/22721233/34 (extn.8003)/9820131473

Fax: 022-22723045

rajpatel@bseindia.com

 

 

 

Rakesh Chandra

Additional Director General of Investigation & Registration

Ministry of Finance

Department of Company Affairs

'A' Wing, 5 th Fl., Shastri Bhavan

New Delhi – 110001

Tel: 011-23389263

Fax: 011-23389088/2748

adldg.dca@sp.nic.in

 

 


Ranjit Bannerji

Joint Secretary (Fund Bank)

Ministry of Finance, DEA

Room No. 67-B, North Block

New Delhi – 110 001

Tel: 011-23092387

Fax: 011-23092024

bannerji@finance.nic.in

 

 

 

Ranu Dayal

Vice President and Director

The Boston Consulting Group, Inc.

430 Park Avenue

New York, NY 10022

Tel: (212) 4462986

Fax: (212) 446 2801

dayal.ranu@bcg.com

 

 

Ravi Narain

Managing Director & CEO

National Stock Exchange of India Limited

Exange Plaza, Bandra Kurla Complex

Bandra (E)

Mumbai – 400051

Tel: 022-26598200

Fax: 022-26598121

rnarain@nse.co.in

 

 

 

Renu Sud Karnad

Executive Director

HDFC

The Capital Court

Munirka Outer Ring Road, Olaf Palme Marg

New Delhi – 100067

Tel: 011-26167393

Fax: 011-26194617

rskarnad@hdfc.com 

 

 

S. Narayan

Economic Adviser to PM

Prime Minister’s Office, South Block

New Delhi – 110 001

Tel: 011- 23015944

Fax: 011- 23016857/9545

snarayan@pmo.nic.in

 

 

 

Said Al Habsy

Chief Counsel

The World Bank

Middle East, North Africa and South Asia Legal Department

1818 H Street, NW

Washington DC – 20433

Tel: 202 4581777

Fax: 202 5221594

salhabsy@worldbank.org

 

 

 

Saumitra Chaudhuri

Economic Advisor & Research Co-ordinator

Investment Information & Credit Rating Agency Ltd (ICRA)

Kailash Building, 4th Floor

26, Kasturba Gandhi Marg

New Delhi – 110001

Tel: 011-23736269/23357940-50/9810269670

Fax: 011-23357014/23355293

schow@vsnl.com

 

 

 

 

Seok Keun Lee

Director

Financial Supervisory Service (Korea)

Washington Liaison Office

1001 Connecticut Ave, NW, Suite 704

Washington D.C. 20036

Tel: 202-689-1212

Fax: 202 689-1211

sklee@fss.or.kr

 

 

Sheela Bhide

Joint Secretary

Ministry of Finance

Department of Company Affairs

Room No. 509, 'A' Wing, 5th Fl.

Shastri Bhavan, Gate No. 3

New Delhi – 110001

Tel: 011-23381226

Fax: 011-23389088

sheelabhide@sb.nic.in

 

 

 

Shyamala Gopinath

Executive Director

Reserve Bank of India, Central Office Bldg.

Shahid Bhagat Singh Marg

Mumbai – 400001

Tel: 022-22614228

Fax: 022-22657604

sgopinath@rbi.org.in

 

 


Subhash Chandra Garg

Joint Secretary (P.F.I.)

Ministry of Finance, Dept. of Expenditure

Room No. 129-C, North Block

New Delhi – 110001

Tel: 011-23094811

Fax: 011-23092022

subhashg@finance.nic.in   subh_garg@hotmail.com

 

 

 

Subir V. Gokarn

Chief Economist

CRISIL Limited

Hindustan Times House, 9th Floor

18-20, Kasturba Gandhi Marg

New Delhi – 110001

Tel: 011-23712736/23320980/23736541 Extn 113

Fax: 011-23721605/23721603

sgokarn@crisil.com

 

 

Sudhir M. Joshi

Treasurer

HDFC Bank Ltd., HDFC Bank House

Senapati Bapat Marg, Lower Parel

Mumbai – 400013

Tel: 022-24900962/56521050

Fax: 022-24960696/24904908

sudhir.m.joshi@hdfcbank.com

 

 

 

Supriya Sen

Sr. Financial Analyst

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491 (extn.365)

Fax: 011- 24619393

ssen1@worldbank.org

 

 

Susan Thomas

Associate Professor

Indira Gandhi Institute of Development Research (IGIDR)

Ge. Vaidya Marg, Santosh Nagar

Filmcity Road, Goregaon (E)

Mumbai – 400065

Tel: 022-28400919/9821230385

Fax: 022-28402752

susant@mayin.org

 

 

 

 

Syed I. Ahmed

Sr. Counsel

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491 (extn.271)

Fax: 011- 24619393

sahmed5@worldbank.org

 

 

T. N. Tiwari

Central govt. Advocate/Director

Ministry of Law & Justice

Department of Legal Affairs

Shastri Bhawan

New Delhi – 110001

Tel: 011-23384836

Fax: 23384403

trivikramnt@yahoo.co.in

 

 

 

T.T. Srinivasaraghavan

Managing Director

Sundaram Finance Limited

No.21, Patullos Road

Chennai – 600002

Tel: 044-28524582/28521181

Fax: 044-28550290

tt@sundaramfinance.com

 

 

U.K. Sinha    

Joint Secretary (Capital Markets & Pensions)

Dept. of Economic Affairs

Ministry of Finance

Room No. 34-C, North Block

New Delhi – 110001

Tel: 011-23092154

Fax: 011-23092039

uksssus@nic.in

 

 

 

Uday Kotak

Vice Chairman & Managing Director

Kotak Mahindra Bank

Bakhtawar, 2nd Floor

229, Nariman Point

Mumbai – 400021

Tel:  022-56596022/22826631

Fax: 022-22886448

uday.kotak@kotak.com

 

 


Usha Thorat

Executive Director

Reserve Bank of India (RBI)

Central Office Building

16th Fl., Main Building

Shahid Bhagat Singh Marg, Fort

Mumbai – 400001

Tel: 022-22660781/9820055131

Fax: 022-22632052

ushathorat@rbi.org.in

 

 

 

 

V. Sridar

Chairman & Managing Director

National Housing Bank

5th Flr., Core 5-A, India Habitat Centre

Lodhi Road

New Delhi – 110003

Tel: 011-24642722/24649031/9811433374

Fax: 011-24649030/24646988/24649041

nhbcmd@bol.net.in

 

 

V. Srikanth

Country Treasurer & Financial Markets Head

Citigroup

EM Sales & Trading

Citigroup Centre, 4th Flr.

Bandra Kurla Complex

Bandra (E)

Mumbai – 400051

Tel: 022-26535445/5401

Fax: 022-26535877

v.srikanth@citigroup.com

 

 

 

 

Varsha Marathe

Financial Specialist

The World Bank

70, Lodi Estate

New Delhi – 110003

Tel: 011-24617241/24619491 (extn.436)

Fax: 011- 24619393

vmarathe@worldbank.org

 

 

Vinod Rai

Additional Secretary

Ministry of Finance

Department of Economic Affairs (Financial Sector)

3rd Floor, Room No. 36

Jeevan Deep Building,

Parliament Street

New Delhi - 110 001

Tel: 011-23340222

Fax: 011-23340027

raivinod@hotmail.com

 

 

 

Vipul C. Prakash

Regional Manager, South Asia

International Finance Corporation

No.1, Panchsheel Marg

Chanakyapuri

New Delhi – 110021

Tel: 011-51111000

Fax: 011-26112278/51111001

vprakash@ifc.org