Founder of Modern Manipal
Padmabhushan Dr T.M.A.Pai

Presently, the Board comprises of seven Directors who are eminent personalities with experience in the fields of Banking, Administration, Business Management, Finance and Education.

  Sri T Mohandas Pai, Chairman, Non-Executive Director
Sri T Mohandas Pai, Bachelor of Law (BL) from University of Pune, aged about 85 years has joined ICDS Ltd as Joint Managing Director during 1989. He is an Industrialist having vast experience in the fields of Administration, Management, Finance and Education as the Company’s Chairman and following are other directors on the Board:-

 Sri Bharath K Nayak, Managing Director
Sri Bharath Krishna Nayak aged about 54 years is a graduate in Business Management (B.B.M.) and a Chartered Financial Analyst (CFA). He is a member of the Council of Chartered Financial Analysts. He has got vast experience in Financial Management, Forex Management, Fund raising and Fund Management, Financial Accounting, Budgeting, Tax Planning and Administration. He has worked in a prestigious NBFC for almost 18 years and well versed in Hire purchase and Lease Financing , Time Bill discounting and Loans. He is also advising the Top Management on strategic planning and implementation. He has experience of over 30 years in the field of Finance and has served many Companies in various capacities. He is a Director of a few Companies including ICDS LTD.





 Sri Airody Giridhar Pai –Businessman from Udupi, Independent Director.

 Sri U Harish P Shenoy – Businessman from Udupi, Independent Director.

 Mrs Vimal Chandrashekhar Kamath, Independent Director
Mrs Vimal C Kamath, (B.Sc.[Hons.] from Bombay University), aged about 74 years is a social worker. She is a donor to various cultural, social and educational associations and is deeply involved in their activities. Worked as Chemist in British Drug House, Bombay, worked as Life Insurance Agent and Consultant for nearly 20 years in Goa. She was an artist in AIR Panaji, Goa and Panaji Doordarshan.
She was a member of SAG (Sports Authority of Goa) for 2 years and was Goa State tennis player and represented in Nationals for nearly 15 years.



 Mr Sujir Prabhakar, Independent Director
Mr Sujir Prabhakar,(B.Com and CAIIB), aged about 66 years is a Retd. Dy.G.M of Syndicate Bank. He is an astute Banking Professional with an overall solid experience of 38 years in Syndicate Bank and over 5 years of Teaching as visiting Professor and as Guest Lecturer in several Prestigious Business Schools. Demonstrated excellence in all the verticals of Banking industry with a proven track record. He is Good in Mentoring and Counseling, while in Bank.



 Sri Tonse Sachin Pai, Non-Executive Director
Sri Tonse Sachin Pai (Bachelor of Computer Engineering and Mathematics) aged about 42 years has got an overall 20 years’ experience in the field of business, Industrial management and administration with a proven track record. Presently working as Managing Director of Best Sellers Apparels Pvt Ltd, which is a leading apparel manufacturer based in Manipal and Director of Manipal Technologies Limited, Manipal.