Dr. Bhupendra Kumar Modi

Chairman
"Technology Futurepreneur"

Dr. Bhupendra Kumar Modi was appointed to the board on 24th April 2010 as Non-Executive Director and Chairman.
Dr. BKM, Global Chairman, Spice Group has always shunned conformity in order to embrace the future.
As a “Futurepreneur” with 30 years of business leadership behind him, Dr. BKM has always lived and worked on the principal philosophy of challenging conventional wisdom. In his words “I want to ensure that people everywhere enjoy the highest levels of personal productivity. And today the mobility of the Internet will drive this more than any other phenomenon.”
Over the last three decades Dr. BKM has consistently demonstrated this intent through a series of very successful alliances with category leaders like Xerox, Alcatel, Telstra, Olivetti and more recently with Telekom Malaysia.
He pre-empted the revolutions in Office Automation, Internet infrastructure, Wireless Telephony and Specialty Retailing.
In keeping with this thinking, Dr. BKM now wants to foster Western levels of personal productivity for the youth in the exciting geography that extends from the Ivory Coast to Indonesia. To this end, he has created a US $ 2 bn organisation built on some exciting acquisitions to the Spice group. These include very successful entrepreneurial brands like Nexian in Indonesia, CSL in Malaysia, WellcoM in Thailand and Media Ring in Singapore, that together provide a brilliant orchestra of passionate professionals who will drive leadership in the region.
Dr. BKM is a Chemical Engineer and an MBA from South California, and was awarded a Ph D in Financial Management. He has also been conferred a D Litt in Industrial Management.

Mr. Dilip Modi

Managing Director

Mr. Dilip Modi was appointed to the board on 21st August 2006 as Director and appointed as Managing Director 24th April 2010.
Mr. Modi is presently also Group President Global Operations – Spice Group and the Executive Vice-Chairman of S i2i Ltd, a group company listed on the Singapore Stock Exchange. He started his professional career in 1996 working closely with McKinsey to help restructure the BK Modi Group businesses. This led to formation of Spice Corp (formerly Mcorp Global) and its vision to grow in the ICE (Internet, Communications and Entertainment) domain. He has since executed instrumental roles, amalgamating the inherited business acumen with contemporary professionalism to build the Group into a vibrant, energetic business entity with a highly skilled team managing the core and strong businesses forming the periphery.
He built Modi Telstra, India’s first cellular service provider, and was later instrumental in divestment of this company through one of the smartest deals. As Chairman-MD of Spice Communications, he developed ‘Spice Telecom’ into Executive Vice Chairman & Managing Director one of the most valuable and enduring brands in Punjab and Karnataka, the two highly profitable mobile markets in India. Over the past five years, Mr. Modi founded and set up Mobility businesses in the areas of Mobile Devices (Spice Mobile), Mobile Value Added Services (Spice Digital) & Mobile Retail (Spice Hotspot), which have since emerged as amongst the leading players in their respective domains in the fast growing Indian mobility landscape. Currently Mr. Modi is working towards building a leading Mobile Internet and Digital Lifestyle company across i2i (Ivory Coast to Indonesia) with the objective of building solutions that reduces the digital divide across emerging markets of Asia and Africa.
Mr. Modi is currently the President of ASSOCHAM (Associated Chamber of Commerce), a leading industry chamber with over 400,000 members. He was the youngest Chairman of the Cellular Operators Association of India (COAI) and currently the youngest President of a National Industry Chamber. Mr. Modi holds a BSc from Brunel University and MBA from Imperial College London.

Ms. Divya Modi

Non Executive Director

Ms. Divya Modi was appointed to the board on 4th November 2010 as Non-Executive Director. She is presently also the Executive Director of S i2i Limited, a group company listed on the Singapore Stock Exchange. She has worked closely with Jones Lang and Lasalle and Haldford Associates to develop Spice Global’s first Entertainment Centre “Spice World” where she has been credited for tying up with the Key Anchor Stores for the venture.
She was instrumental in setting-up the Management Assurance Services (Internal Audit function) for Spice Global and was also involved with various Financial Restructuring initiatives and Investor Relations for the group especially for its erstwhile listed entities. She was also involved in the M&A function at a group level.
Ms. Modi is a CFA charter holder, a Graduate in Economics and Business Finance (Honors) from Brunel University, UK and a Masters in Accounting from the University of Southern California, USA.

Ms. Preeti Malhotra

Executive Director

Ms. Malhotra, holds a Bachelor’s (Hons.) Degree Commerce from Delhi University and is also a law graduate from Law Faculty, Delhi University. She is a fellow member of the Institute of Company Secretaries of India (“ICSI”). She has over 20 years of varied experience in the fi elds of secretarial, legal, taxation and corporate affairs. Previously she was Group President, Corporate Affairs, and held leadership positions in Spice Communications Limited, Xerox Modicorp Limited, Modi Telstra Limited and Spice Corp Limited etc., where she undertook restructuring initiatives including mergers, takeovers, joint venture collaborations and initial public offerings etc. Ms. Malhotra was the President of the ICSI and was the fi rst woman to be elected as President amongst the premier national professional bodies in India. She is presently a Council Member of the ICSI and was elected as a Central Council Member for two (2) successive terms for the period from 2004-2010. Ms. Malhotra was a member of the Dr. JJ Irani Expert Committee constituted by the Ministry of Corporate Affairs, GoI and was also a member of Indo-UK task force constituted by the Ministry of Company Affairs, GoI. She is presently the Chairperson of the National Committee of Corporate Governance and CSR of Associated Chambers of Commerce (“ASSOCHAM”) and Chairperson of Corporate Law and Governance Committee of ICSI. Ms. Malhotra was awarded the prestigious Bharat Nirman Talented Ladies Award in the fi eld of Profession in the year 2003 and Vocational Service Excellence Award by Rotary Club of New Delhi in the year 2009

Mr. Kashi Nath Memani

Independent Director

Mr. Memani was appointed to the Board on 24th April 2010 as Independent Director. Mr. Memani was Chairman and Country Managing Partner, Ernst and Young, India until March 31, 2004. He was also member of Ernst and Young Global Council for 10 years. Mr. Memani specializes in business and corporate advisory, foreign taxation, financial consultancy etc. and is consulted on the corporate matters by several domestic and foreign companies. He was also member of various committees of ICAI. For two (2) consecutive years, Mr. Memani was on the External Audit Committee (“EAC”) of the International Monetary Fund and was appointed the Chairman of EAC for the year 1999-2000, the first Indian to be appointed in the committee. Previously, Mr. Memani has been the Chairman of American Chamber of Commerce in India and former President of Indo American Chamber of Commerce and PHD Chamber of Commerce and Industry.
He is a member of managing committees of Federation of Indian Chambers of Commerce and Industry, ASSOCHAM, PHD Chamber of Commerce and Industry.  Mr. Memani was co-chairman of New Company Law Drafting Committee i.e. the Dr. J.J. Irani Committee and first chairman of Quality Review Board, both set-up by Government of India. Mr. Memani holds Bachelors’ degree in Commerce from Calcutta University and is fellow member of The Institute of Chartered Accountants of India (“ICAI”)

Mr. Krishan Lal Chugh

Independent Director

Mr. Chugh was appointed to the Board on 27th October 2007 as Independent Director. Mr. Chugh was Chairman of ITC Group from November 1991 to December 1995, during which period ITC was rated amongst the Top 3 Companies. On retirement , he was honored with the title of Chairman Emeritus – ITC. Mr. Chugh is credited with the creation of ITC Bhadrachalam Paperboards, a paperboard mill, set up in the remote tribal area of Andhra Pradesh, today India's largest & most efficient. Prior to joining ITC Group, Mr. Chugh worked for 10 years in the public sector, with Heavy Engineering Corporation. Mr. Chugh was elected by Business Week as CEO Asia for the year 1994 and was elected amongst the top two (2) Indian CEOs in 1993 by Business World. He was elected one of the five (5) “Tobacco Men” of the year by World Tobacco International. Mr. Chugh was a Director on the Central Board of the Reserve Bank of India. He was also the Chairman, ASSOCHAM Knowledge Millennium Council & was instrumental in making Assocham the Knowledge Chamber. Mr. Chugh holds a Bachelor’s Degree in Mechanical Engineering from Delhi University.

Mr. Subroto Chattopadhyay

Independent Director

Mr. Chattopadhyay was appointed to the Board on 24th April 2010 as Independent Director. He is Chairman of the Pennisula Foundation and Audit Bureau of Circulations and Trustee of Techno Serve of India. He is a member of Indian Polo Association and is associated with Sri Aurobindo Society in Pondicherry. He has worked for 28 years at management positions in Brooke Bond Limited (Unilever), British American Tobacco Industries (ITC Limited), PepsiCo South Asia, where he was an Executive Director and RPG Enterprises where he was Management Board Member and Sector Head. His experience covers food and beverage and entertainment industries. He taught in ASCI and ISB in Hyderabad and Indian Institute of Management, Bangalore. He has produced “The Japanese Wife” and published music albums with the likes of Ustad Amjad Ali Khan. Mr. Chattopadhyay holds a Bachelor’s (Hons.) degree in Economics from St. Xavier College, University of Kolkata and also completed a course in Finance for Senior Management BAT and a course in product innovation conducted by the  University of Michigan.

Mr. D.R. Mehta

Independent Director

Mr. D.R. Mehta was appointed to the Board w.e.f. 4th November 2010 as Independent Director. Mr. Mehta had been a distinguished civil servant for more than four decades. His last assignment was the Chairman of SEBI for seven years from which position he retired in 2002. Earlier, he served as the Deputy Governor Reserve Bank of India for three years. Still earlier, he was the Director General of Foreign Trade, Government of India in the Ministry of Commerce. Prior to that, he was the Additional Secretary (Banking) in the Ministry of Finance, Government of India. He also served the State of Rajasthan as Secretary to the Government for various departments.
Mr. Mehta was honoured by the Government of India by conferring on him the National Award – “Padma Bhushan” for his distinguished social service. He also received the TECH Museum Award for Innovation and its use for humanity in Silicon Valley USA in 2007. Mr. Mehta is Graduate of Arts and Law from Rajasthan University. He is also an alumnus of Royal Institute of Public Administration London (UK) and Alfred Sloan School of Management – MIT – Boston (USA).

Mr. Saurabh Srivastava

Independent Director

Mr. Saurabh Srivastava was appointed to the Board on 30th May 2011 as Independent Director. Mr. Srivastava is Chairman of CA India, one of India’s leading IT entrepreneurs, angel investors and venture capitalists. He founded and chaired IIS Infotech which was ranked amongst the top 20 Indian software companies within 4 years of inception and was listed, post merger, as Xansa on the London stock Exchange, with revenues of around US $ 800 million  till it was acquired by Steria. He is a cofounder and past Chairman of NASSCOM. He is also on the National Executive Committees of the two apex industry chambers in India, CII and FICCI. He chaired the Indian Venture Capital Association till April this year and is Chairman Emeritus of TIE Delhi. 
He serves / has served on several government committees, task forces & boards. He is also on the Advisory Board of Imperial College Business School, London, on the Entrepreneurship / Incubation boards of IIT Delhi and IIT Kanpur and on the Advisory boards of Uttarakhand and Himachal Universities.  He has been awarded with “Distinguished Alumnus” from IIT Kanpur, Honorary Doctorate in Technology from the University of Wolverhampton, UK and Lifetime Achievement award from the IT Industry in India. Mr. Srivastava did Master from Harvard University and a B Tech from the Indian Institute of Technology (IIT) Kanpur.

Mr. Thomas Henrik Zilliacus

Independent Director

Mr. Zilliacus was appointed as Independent Director on 04th April 2011. Mr. Zilliacus has a more than 25 years career in top management positions in mobile communications. He is the founder and Executive Chairman of Mobile FutureWorks Inc, a company which develops mobile companies and invests in the mobile space. He is also the Executive Chairman of YuuZoo Corporation, a leading global mobile payments, mobile social networks and mobile media company. He is the former head of Nokia’s Asian operations, and the former global head of Nokia’s brand, corporate marketing, PR & IR. He is a board member or advisor for several technology & finance companies in Asia, Europe and the US. He is a Director on the Board of S i2i Ltd and Chairman of its Nominating Committee.
He holds a Master of Science in Economics and Business Administration from the Swedish School of Economics and Business Administration, Helsinki.