Nimesh Kampani

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]

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

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

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

Career

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

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
  1. "Nimesh Kampani". Forbes. Retrieved 17 May 2013.
  2. 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.
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