Praveen P Kadle
Managing Director, Tata Capital Limited
Mr. Praveen P Kadle is the founding Managing Director and CEO of Tata Capital, a leading non-banking finance company ('NBFC'), and a member of its Board of Directors. Mr. Kadle has held various leadership positions at the Tata Group in the last 25 years. Prior to Tata Capital, he played a key role at Tata Motors, first as Vice President - Finance and later as the Executive Director - Finance & Corporate Affairs, transitioning the company from an Indian commercial vehicle manufacturer to a global auto maker. During his tenure at Tata Motors (1996-2007), Mr Kadle was a part of the senior leadership team that managed cross-border acquisitions like Daewoo Truck Company of South Korea, Incat Technologies and Jaguar-Land Rover. Mr. Kadle was instrumental in setting up and guiding the operations of Tata Technologies and TELCON (a Tata Motors -Hitachi JV) which have become market leaders in the engineering design space and the construction equipment business respectively in India.
Prior to Tata Motors, Mr. Kadle was the Chief Financial Officer of Tata's Joint Venture with IBM in India.
Currently the Managing Director & CEO of Tata Capital, Mr. Kadle oversees the functioning of the Company and its subsidiaries. Under his leadership, Tata Capital has grown from strength to strength, with its book size witnessing a year on year growth of over 35%. The launch of Tata Capital Housing Finance in 2009, Tata Cleantech Capital Limited in partnership with IFC Washington in 2011 and the Leasing business in partnership with Century Tokyo Leasing Corporation, Japan in 2012 are few of the businesses launched under his leadership. The Tata Opportunities Fund, one of the five Tata Capital Private Equity Funds, was one of the largest funds raised by an India-focused vehicle in 2013, with commitments of USD 600 mn and has invested in marquee companies like Uber Inc.
Mr. Kadle is also a Board member on various Tata and non-Tata Group companies. As a key member, he contributes to many industry and economic bodies, both domestic and international, including a position on the Advisory Board of Japan's Institute for Indian Economic Studies (IIES). Additionally, he is also actively involved with various Public Charitable institutions, notably as the Board Member and Honorary Treasurer of Child Rights and You (CRY).
Mr. Kadle was awarded the prestigious 'Indian Business Leader of the Year 2015' by Horasis - The Global Visions Community, an independent international organization. He is the recipient of many other awards, including the 'Asia Pacific Entrepreneurship Award for the year 2017' (APEA) in the Financial Services category, 'Best Performing CFO in the Auto & Auto Ancillaries sector for 2006' in India by CNBC-TV18; 'Best CFO of the year 2005' in India by Business Today and 'CFO of the year 2004' by IMA. He was also inducted as a Founding member to the CFO Hall of Fame in India.
Mr. Kadle is an Honours graduate in Commerce and Accountancy from the University of Mumbai and is a member of the Institute of Chartered Accountants of India, Cost and Works Accountants of India and Company Secretaries of India.
Outside of his professional interests, he is a classical music aficionado, a cricket enthusiast and an avid supporter of art and culture.