Board of Directors

Vishvesh D. Nanavaty

Director

Vishvesh D. Nanavaty is the General Manager of Finance and Chief Finance Officer at Gujarat State Fertilizers and Chemicals Ltd. (GSFC), a large joint-sector company with more than US$1 billion turnover, and Karnalyte’s strategic partner. Prior to his role as General Manager of Finance, Mr. Nanavaty was GSFC’s Company Secretary, and before joining GSFC, was Senior Finance Manager and Company Secretary at Johnson Pump (India) Ltd. Mr. Nanavaty is a Chartered Accountant, and received a First Class Commerce degree from The Gujarat University, The Institute of Cost & Works Accountants of India and The Institute of Company Secretaries of India.

Sanjeev Varma

Director

Sanjeev V Varma is Vice President (Finance) at Gujarat State Fertilizers and Chemicals Ltd. (GSFC), a large joint-sector company with more than US$1 billion turnover, and Karnalyte’s strategic partner. Mr Varma did his Bachelor of Engineering from Sardar Patel University, Gujarat, India in 1990 and joined GSFC as a Trainee Engineer. While serving at GSFC, he did his Master of Business Administration (Finance) in 2002 from MS University Baroda securing Gold Medals for his academic achievements and since then he is working in the Finance Department of GSFC. He is presently heading the Budget & Project Financing Sections of the Company. He has rich experience of about 25 years as a techno-commercial executive in a big Petrochemical & Fertilizer Complex which includes Project Implementation right from the stage of conceiving till commissioning, Maintenance, Budgeting, Project Financing and Strategic Decision making.

D.C. Anjaria

Director

D.C. Anjaria is a management graduate from the Indian Institute of Management in Ahmedabad, India. He has extensive international banking experience in India, Africa, the Middle East and Europe. Since returning to India, his focus has been on the financial markets industry where he works closely with investment banks, brokerage houses and mutual funds. As a financial markets professional, he has significant experience as a government policy advisor including advisor to the Securities and Exchange Board of India and the Securities Markets Regulator (BAPEPAM) in Indonesia. Mr. Anjaria has a wide-range of experience serving as an independent director with many companies in India and currently serves as an independent director of Gujarat State Fertilizers and Chemicals Ltd. (GSFC), Gujarat Venture Capital Fund Management and Ratnamani Metal and Tubes Ltd.  

Gerald Scherman

Director

Gerald Scherman is retired after more than 15 years with AREVA Resources Canada Inc. (now Orano Canada Inc.), as its Senior Vice President & Chief Financial Officer and a member of its Board of Directors. AREVA / Orano Canada has been exploring for uranium, developing uranium mines and producing uranium concentrate in Canada for over 50 years. Headquartered in Saskatoon, Saskatchewan, Orano is a leading producer of uranium in Canada. Prior to joining AREVA, Gerald was a partner with Coopers & Lybrand (now Pricewaterhouse Coopers LLP), a national partnership of professional accountants and consultants.  Over the years, and in retirement, Gerald has remained active on various boards and committees of local not-for-profit long-term care and low-income housing entities, foundations and fundraising efforts; while sustaining his interest in agriculture, as the manager of an extended family farm land holding.  Gerald obtained a Bachelor of Commerce degree from the University of Saskatchewan and qualified as a Chartered Accountant in Edmonton, Alberta. He is currently a member of the Canadian and Saskatchewan Institutes of Chartered Professional Accountants.