Nimesh Kampani

From Wikipedia, the free encyclopedia

Nimesh Kampani
Kampani at his JM Financial Office
Born (1946-09-30) 30 September 1946 (age 77)
NationalityIndian
EducationSydenham College of Commerce and Economics
Occupation(s)Founder and Chairman of JM Financial

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$ 595 million in 2009[1] making him the 83rd 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]

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[edit]

Kampani is a commerce graduate from Sydenham College of Commerce and Economics and is a Chartered Accountant.[4]

Controversy[edit]

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.[5]

References[edit]

  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. ^ "Who or what sent Kampani into hiding?". Hindustan Times. 26 March 2009. Retrieved 4 November 2020.