Strategic Appointment to the Board

The Board of Directors of Tata Investment Corporation Limited has announced the appointment of Bahram N. Vakil as an Additional Director and Non-Executive Independent Director. This appointment is effective as of March 12, 2025, and will span a term of five years.

Profile of Bahram N. Vakil

Bahram N. Vakil is a distinguished legal professional, recognized as a co-founder of AZB & Partners. He holds an LLM from Columbia University and possesses dual qualifications to practice law in both India and New York. Renowned for his expertise in restructuring and bankruptcy, he has made significant contributions to the legal landscape in India.

Expertise and Contributions

With extensive experience advising distressed funds and financial institutions, Vakil is often cited as one of India’s leading restructuring attorneys. His notable work includes advising various domestic and international banks on insolvency matters, particularly large accounts referred to insolvency resolution by the Reserve Bank of India (RBI).

His reputation as a restructuring lawyer is well-established, as indicated by accolades from prominent publications. Furthermore, he has served on numerous high-profile government committees focusing on areas such as financial reform, foreign direct investment, and securities market reform.

Current Roles and Responsibilities

In addition to his role at Tata Investment Corporation, Bahram Vakil serves as an Independent Director on the Board of BASF India Limited, showcasing his diverse involvement in corporate governance.