D. Sundaram

Some Lesser Known Facts About D. Sundaram

• D. Sundaram is an Indian businessman. He has been serving on the Board of TVS Capital Funds (P) Limited since June 2009. Sundaram is the Managing Director and Vice Chairman of TVS Capital Funds (P) Limited.

• He grew up in a middle-class family in Chennai.

• In June 1975, D. Sundaram joined Hindustan Unilever Limited (HUL) as a management trainee. He worked at the firm in various positions like a corporate accountant, commercial manager, and treasurer till 1990.

• From 1990 to 1993, Sundaram looked after the Africa and Middle East regions of Unilever, London, as a Finance Officer.

• Subsequently, Sundaram served as the commercial manager of the TOMCO integration team for around a year.

• He was the Chief Financial Officer (CFO) and Board Member of Brooke Bond Lipton India in Bangalore from 1994 to 1996.

• From 1996 to 1999, D. Sundaram held the position of Senior Vice-President (Finance, IT, and Strategy) at Unilever London for South Asia and the Middle East.

• In 1999, he again joined Hindustan Unilever Limited as Finance & IT Director. In April 2008, he was elevated to the position of the Vice Chairman of HUL. During his span, he managed the finance functions of the company in Pakistan, Bangladesh, and Sri Lanka. He quit the firm in 2009 after around 34 years of service.

• On 13 June 2009, Sundaram was appointed as the vice chairman and managing director of TVS Capital Funds Ltd. At TVS, he worked towards bringing deep financial expertise and a significant understanding of consumer-related businesses to the PE operations.

• In January 2009, he was appointed as an independent director on the Board of the State Bank of India. He held the post till June 2014.

• Meanwhile, he also served as a board member of SBI Capital Markets.

• Sundaram has also been on the Board of Governors of the Institute of Financial Management and Research, Chennai, since 2005.

• He has been on the Board of Infosys since 2017 and has served on various committees like Audit Committee, Risk Management Committee, Stakeholders Relationship Committee, Nomination & Remuneration Committee, and Cybersecurity Risk Sub-Committee.

• Highly experienced in strategy and finance, Sundaram has worked towards framing Infosys’ future vision.

• On 23 March 2023, D. Sundaram was appointed as the lead independent director by the Board at Infosys; he was appointed based on the recommendation of the company’s nomination and remuneration committee. Sundaram succeeded Kiran Mazumdar-Shaw, who retired from her services on 22 March 2023.

• Sundaram holds a vast experience in corporate finance, business performance, monitoring operations, governance, mergers & acquisitions, talent/people management and strategy.

• Sundaram has been on the board of various organisations including SBI General Insurance, GlaxoSmithKline Pharmaceuticals Limited, TVS Capital Funds (P) Limited, 9.9 Group Private Limited, Maxivision Laser Centre Private Limited, Crompton Greaves Consumer Electricals Limited, ACC Limited, and Schneider Electric India Private Limited or many years.

• Sundaram resides with his family in Mumbai.

• In 2006, Sundaram was awarded the prestigious “CFO of the Year for FMCG Sector” award by CNBC TV18. He again received the award in 2008.

• He has given guest lectures on subjects like finance and management at various educational institutions like SP Jain Institute of Management & Research (SPJIMR), Mumbai.