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Nimesh Kampani
Nimesh Kampani | |
|---|---|
 Kampani at his JM Financial Office | |
| Born | 30 September 1946 |
| Nationality | Indian |
| Education | B.Com, Chartered Accountant |
| Occupation | Investment 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]
- ↑ "Nimesh Kampani". Forbes. Retrieved 17 May 2013.
- ↑ 2.0 2.1 Malvika Joshi (7 March 2013). "Lessons in investment banking: Vishal Kampani". Mint. Retrieved 6 September 2015.
- ↑ Abhineet Kumar (19 November 2014). "Court orders mediation over Amarchand Mangaldas ownership". Business Standard. Retrieved 6 September 2015.
- ↑ "Deal-Meister".
- ↑ 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.
- ↑ 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.
- ↑ "Who or what sent Kampani into hiding?". Hindustan Times. 26 March 2009. Retrieved 4 November 2020.