Nimesh Kampani

From Bharatpedia, an open encyclopedia
Information red.svg
Scan the QR code to donate via UPI
Dear reader, We need your support to keep the flame of knowledge burning bright! Our hosting server bill is due on June 1st, and without your help, Bharatpedia faces the risk of shutdown. We've come a long way together in exploring and celebrating our rich heritage. Now, let's unite to ensure Bharatpedia continues to be a beacon of knowledge for generations to come. Every contribution, big or small, makes a difference. Together, let's preserve and share the essence of Bharat.

Thank you for being part of the Bharatpedia family!
Please scan the QR code on the right click here to donate.

0%

   

transparency: ₹0 raised out of ₹100,000 (0 supporter)



Nimesh Kampani
Nimesh Kampani.jpg
Kampani at his JM Financial Office
Born (1946-09-30) 30 September 1946 (age 77)
NationalityIndian
EducationB.Com, Chartered Accountant
OccupationInvestment banker

Nimesh Kampani (born 30 September 1946) is an Indian investment banker. He is the chairman of the JM Financial group of companies. His personal wealth was valued at US$ 9.54 billion in 2009[1] making him the 101th richest in India, at that time. The Kampani family's combined direct and indirect equity ownership of JM Financial Ltd is between 60% and 65%. Livemint called him along with Hemendra Kothari and Uday Kotak the "Three K's" of India's leaders in investment banking.[2]

In 2014, the court named him as the mediator in the inheritance dispute between Shardul and Cyril Shroff over the law firm Amarchand Mangaldas, which at the time was India's largest.[3]

Early life and education[edit]

Kampani is a commerce graduate from Sydenham College, Mumbai and is a Chartered Accountant.[4]

Career[edit]

Kampani had inherited the family business, and in 2011[5] he began turning over portions of the day-to-day operations of JM Financial Group to his son, Vishal Kampani.[2][6]

Controversy[edit]

Nimesh Kampani was reported hiding in 2009 to avoid an arrest in India for payment default by a Hyderabad company called Nagarjuna Finance of around 100 crores.[7]

References[edit]

  1. "Nimesh Kampani". Forbes. Retrieved 17 May 2013.
  2. 2.0 2.1 Malvika Joshi (7 March 2013). "Lessons in investment banking: Vishal Kampani". Mint. Retrieved 6 September 2015.
  3. Abhineet Kumar (19 November 2014). "Court orders mediation over Amarchand Mangaldas ownership". Business Standard. Retrieved 6 September 2015.
  4. "Deal-Meister".
  5. Sabarinath M (1 December 2011). "Ace dealmaker Nimesh Kampani hands over daily operations of JM Financial to son Vishal". Times Internet. ET Bureau. Retrieved 6 September 2015.
  6. M.G. Arun (23 July 2015). "If the family-run set-up typifies Indian business, its future is in good hands. The next generation is infusing new entrepreneurial energy to take their firms to greater heights". India Today. Retrieved 6 September 2015.
  7. "Who or what sent Kampani into hiding?". Hindustan Times. 26 March 2009. Retrieved 4 November 2020.