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The BAPL Board

Arvind Pande


Mr. Pande joined the Indian Administrative Services in 1965 and was Advisor to The Executive Director for India, Bangladesh and Sri Lanka at the World Bank, Washington DC from 1971 to 1974. He held the office of Joint Secretary to the Prime Minister of India from 1981 to 1986. He moved to the Corporate Public Sector in 1986, joining the board of Steel Authority of India Limited (SAIL) and went on to become the Chairman and Chief Executive Officer in January 1997.

Mr Pande has been a Director on BAPL's board since 2007 and the Chairman of the company since 2008.

Manoj Pant


Mr Manoj Pant joined Indian Administrative Service in the year 1991 and has held various positions in the state of West Bengal. He is currently Principal Secretary of Land and Land Reforms and Refugee Relief and Rehabilitation Department and Land Reforms Commissioner, West Bengal. Mr Pant was Senior Advisor to the Executive Director for India, Bangladesh, Bhutan and Sri Lanka at the World Bank in Washington DC during 2011 to 2014. He also served as Private Secretary toHonb’le Minister of Finance , Government of India during 2009 to 2011. Mr Pant is a Gold Medalist in Master of Technology in Applied Geology from University of Roorkee, now IIT Roorkee and also Masters in Public Administration from Maxwell School of Citizenship, Syracuse University, USA.

Eugene Gan


Mr. Eugene Gan is Managing Director, Asset Management at CAI. He is responsible for driving the business and operating performance of airports in CAI’s investment portfolio; and ensuring that they adhere to business and operating plans, profitability targets and eventual timely divestment.

Mr Gan is an industry veteran with more than 20 years’ experience in airport investments and management, and aerospace operations. Since joining CAI in 2001, Mr Gan has held various leadership positions in investments and consultancy, where he was responsible for the origination and execution of investment deals, management contracts and consultancy assignments in airports worldwide.

Mr Gan has led the investment teams to successfully secure projects at Tom Jobim International Airport in Rio de Janeiro, Brazil; Bengal Aerotropolis Projects Ltd, India; Aeroporti di Roma, Italy; Beijing Capital International Airport, China; and China-Singapore Airport Management Academy, China.

He also led the efforts in clinching and implementing major management contracts and consultancy projects at Abu Dhabi International Airport, United Arab Emirates; King Fahd International Airport, Saudi Arabia; and airports in Beijing, Chengdu, Chongqing, Nanjing, Kunming and Qingdao in China.

He has served as Director on the boards of airport companies in Brazil, China, India and Russia.

Mr Gan began his career as an engineer with the Republic of Singapore Air Force, and subsequently with Messier-Dowty, the world’s largest aircraft landing gear company. He had also worked in the Singapore Economic Development Board.

Mr Gan holds a Bachelor of Science in Aerospace Engineering from the University of Michigan, Ann Arbor, and a Master of Science in Financial Engineering from the National University of Singapore. He is also a recipient of the prestigious Lien Ying Chow Legacy Fellowship that is established by the Lien Foundation to promote the mutual development of Singapore and China.

Ram Ratan Modi


Mr. Modi is the Chairman and Promoter of Citystar Infrastructure Ltd, the flagship company of the Kolkata-based Citystar Group. The Group, through its various companies, is engaged in the development of myriad projects across residential and commercial realty asset classes in and around Kolkata.

Mr. Modi is a leading entrepreneur with over 31 years' experience in finance, investments and real estate. His maiden project, City High, is one of the finest examples of residential design and development and has played a significant role in establishing Citystar's preeminent credentials in Kolkata's real estate market.

Mr Modi's clarity of vision and his nuanced reading of future business and economic trends have enabled the group to make giant strides.

Low Beng Lan


Ms. Low joined Changi Airports International (CAI) in February 2013 and is now the Chief Financial Officer, supervising areas including corporate finance, finance reporting and controls and tax planning and compliance. As a member of CAI's senior management team, Ms. Low plays an essential role in the development, evaluation and execution of M&A opportunities and the management of CAI's investments.

Ms. Low brings with her a wealth of experience in accounting, finance and banking. Before joining CAI, she worked in London for more than 4 years with Millennium & Copthorne Hotels Plc, an LSE-listed global hotel chain. As the Senior Vice President, Finance, she supervised the full spectrum of finance and was involved in M&A. Before that, as the Director of Finance in Datacraft Asia Ltd, a then-SGX-listed regional IT services company, her responsibilities included regional M&A, treasury, tax, commercial contracts, and SGX compliance requirements. She spent many years as an investment banker and fund manager with DBS Bank after an initial audit career.

Ms. Low is an accountancy graduate from the National University of Singapore. She also holds a law degree from the University of London. She is a Singapore-certified Public Accountant and a US Chartered Financial Analyst.

Partha Ghosh

Vice-Chairman and Managing Director

Mr. Ghosh is the Founder-Chairman of Pragati, which is engaged in providing infrastructural solutions to a wide spectrum of industries, and has more than twenty years of experience in the infrastructure and real estate sector.

He has implemented industrial infrastructure, residential township and core infrastructure projects nationally for such illustrious clients as Mistubishi Chemicals, Haldia Petrochemicals and the Jaypee Group. He has also executed two World Bank-assisted projects in Bengal. In 1998, he became the Co-Promoter and Managing Director of Shristi Infrastructure Development Corporation Ltd. Under his stewardship, Shristi successfully delivered many major highway, dam and trench-less pipeline projects. He was also instrumental in forming a JVC — Bengal Shristi Infrastructure Development Limited — with the Government of West Bengal.

Mr. Ghosh founded Pragati in 2003, where, as the Chairman and Principal Promoter, he has envisioned several new business initiatives, creating robust infrastructural facilities across the urban-rural landscape. In April 2007, Och-Ziff, one of the largest hedge funds in the US, made a significant contribution to equity of Pragati 47.

He has played a key role in the formation of the following JVCs:

Pragati Social Infrastructure Development Limited, a JVC with Housing and Urban Development Corporation Limited, was created to implement large integrated township and infrastructure projects in non-metro cities

Bengal Pragati Infrastructure Development Limited, a JVC with West Bengal Industrial Development Corporation Limited, was formed to implement PPP-based infrastructure projects in rural and semi-urban areas in Bengal

Vandana Yadav


A Masters in International Relations from Jawaharlal Nehru University, New Delhi, Ms Vandana Yadav joined Indian Administrative Service in 1998. She is also a M.SC in Public policy and Management from Kings College, London. In her professional career as an IAS officer, spanning, nineteen years, she has worked in general administration as district Magistrate, in Urban Development and Planning as Secretary and Special Secretary of Kolkata Metropolitan Development Authority(KMDA) with the Government of West Bengal. She has also served in Department of Commerce and Industry, Government of India, gaining experience of international trade issues, negotiations and promotion. She also worked as Deputy CEO of the India Brand Equity Fund. Ms. Yadav is presently working as Managing Director of West Bengal Industrial Development Corporation Limited (WBIDC) under Commerce and Industries Department of Government of West Bengal. She is also the Export Commissioner for the state. WBIDC is the premier nodal agency of West Bengal government for conceptualizing, development, growth and facilitation of industry, investment and infrastructure in West Bengal. The corporation acts as a catalyst for bringing investment and industry in West Bengal through its promotion and marketing as an investment destination.

Utsav Parekh


A renowned pioneer in the investment banking space from Eastern India, Utsav Parekh advises top business houses such as the Birlas, Goenkas and Bangurs. He was instrumental in setting up SMIFS Capital Markets Ltd, which has grown to become one of the foremost investment banking companies in Kolkata. He is now the Chairman of the Company.

He is also among the first private equity investors in the country, with investments in a host of companies across sectors as diverse as IT, Real Estate, Entertainment and Telecommunications. He is a Director, in his personal capacity, of several reputed Indian companies such as Mcleod Russel (India) Ltd and Xpro India Ltd and is also a veteran board member of The Indian Chamber of Commerce.

Not being confined to business and commerce, Mr Parekh is also the Honorary Consul to The Czech Republic. A keen sportsperson, who once represented his alma mater and his state in table tennis, he's a member of several illustrious sporting and social clubs such as Royal Calcutta Football Club, The Calcutta Cricket & Football Club, The Tollygunge Club, Cosmopolitan Club and The Saturday Club.

Kishor Shah


Mr. Shah is the Managing Director of SMIFS Capital Markets Ltd and looks after investment banking operations that include mergers and acquisitions, takeovers, mobilisation of resources through equity placements, underwriting, loan syndication and advisory functions. Previously, he held senior positions at Bata India Ltd, Shaw Wallace & Company Ltd, Assam Brook Ltd and CD Capital Markets Ltd. He has more than 33 years of professional experience.

Mr. Shah, an ACA and ACS, secured first class in BCom (Hons) and stood 4th in the University of Calcutta. He stood third in India and first in Eastern India in the CA Final examination and received AF Ferguson's prize for the best paper in auditing in India. He has also cleared every examination at The Institute of Cost and Management Accountants, UK and is a member of The Institute of Company Secretaries of India.

He has co-authored four books and is a frequent speaker at seminars.

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