Nippon Life India Asset Management Limited

BSE:540767 Stock Report

Market Cap: ₹437.6b

Nippon Life India Asset Management Management

Management criteria checks 2/4

Nippon Life India Asset Management's CEO is Sundeep Sikka, appointed in Jan 2009, has a tenure of 15.83 years. total yearly compensation is ₹549.00M, comprised of 14.9% salary and 85.1% bonuses, including company stock and options. directly owns 0.081% of the company’s shares, worth ₹352.44M. The average tenure of the management team and the board of directors is 3 years and 3.7 years respectively.

Key information

Sundeep Sikka

Chief executive officer

₹549.0m

Total compensation

CEO salary percentage14.9%
CEO tenure15.8yrs
CEO ownership0.08%
Management average tenure3yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sundeep Sikka's remuneration changed compared to Nippon Life India Asset Management's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹13b

Jun 30 2024n/an/a

₹12b

Mar 31 2024₹549m₹82m

₹11b

Dec 31 2023n/an/a

₹10b

Sep 30 2023n/an/a

₹9b

Jun 30 2023n/an/a

₹8b

Mar 31 2023₹80m₹80m

₹7b

Dec 31 2022n/an/a

₹7b

Sep 30 2022n/an/a

₹7b

Jun 30 2022n/an/a

₹7b

Mar 31 2022₹69m₹69m

₹7b

Dec 31 2021n/an/a

₹7b

Sep 30 2021n/an/a

₹8b

Jun 30 2021n/an/a

₹7b

Mar 31 2021₹419m₹55m

₹7b

Dec 31 2020n/an/a

₹5b

Sep 30 2020n/an/a

₹5b

Jun 30 2020n/an/a

₹4b

Mar 31 2020₹70m₹70m

₹4b

Dec 31 2019n/an/a

₹6b

Sep 30 2019n/an/a

₹5b

Jun 30 2019n/an/a

₹5b

Mar 31 2019₹106m₹106m

₹5b

Dec 31 2018n/an/a

₹5b

Sep 30 2018n/an/a

₹5b

Jun 30 2018n/an/a

₹5b

Mar 31 2018₹57m₹53m

₹5b

Compensation vs Market: Sundeep's total compensation ($USD6.50M) is above average for companies of similar size in the Indian market ($USD776.20K).

Compensation vs Earnings: Sundeep's compensation has increased by more than 20% in the past year.

CEO

Sundeep Sikka (51 yo)

15.8yrs

Tenure

₹549,000,000

Compensation

Mr. Sundeep Sikka, MBA, has been the Chief Executive Officer and Executive Nominee Director of Nippon Life India Asset Management Ltd. (formerly known as Reliance Nippon Life Asset Management Ltd.) (former...

Leadership Team

NamePositionTenureCompensationOwnership
Sundeep Sikka
CEO & Executive Nominee Director15.8yrs₹549.00m0.081%
₹ 352.4m
Parag Joglekar
Chief Financial Officerless than a yearno datano data
Milind Nesarikar
Chief Officer of Operations & Customer Service1.8yrsno datano data
Abhijit Shah
Chief Technology Officer4.2yrsno data0.0057%
₹ 25.0m
Arash Arethna
Lead of Investor Relationsno datano datano data
Muneesh Sud
Chief Legal & Compliance Officer14.2yrsno datano data
Kaiyomurz Daver
Chief Marketing Officerless than a yearno datano data
Rajesh Derhgawen
Chief of Human Resources Officerno datano data0.010%
₹ 43.5m
Sunil Singhania
Chief Investment Officer of Equity Investmentsno datano datano data
Sailesh Bhan
Chief Investment Officer of Equity Investments1.8yrsno data0.055%
₹ 241.9m
Amit Tripathi
Chief Investment Officer of Fixed Income Investments21.1yrsno data0.011%
₹ 49.7m
Sanjiv Gudal
Head of Retail Business Development and Rural & Emerging Markets Groupno datano data0.0086%
₹ 37.7m

3.0yrs

Average Tenure

52yo

Average Age

Experienced Management: 540767's management team is considered experienced (3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sundeep Sikka
CEO & Executive Nominee Director8.6yrs₹549.00m0.081%
₹ 352.4m
Ved Malik
Non-Executive Independent Director8.6yrs₹5.00mno data
Balasubramanyam Sriram
Non-Executive Independent Director3.7yrs₹5.60mno data
Ameeta Chatterjee
Non-Executive Independent Director9.7yrs₹4.70mno data
Minoru Kimura
Non-Independent Non-Executive Director2.6yrsno datano data
Ashvin Parekh
Non-Executive Independent Director4.3yrs₹5.20mno data
Upendra Sinha
Independent Non-Executive Chairperson1.5yrs₹3.10mno data
Tomohiro Yao
Non-Independent Non-Executive Director2.6yrsno datano data
Hiroki Yamauchi
Non-Executive Non-Independent Director1.6yrsno datano data

3.7yrs

Average Tenure

57yo

Average Age

Experienced Board: 540767's board of directors are considered experienced (3.7 years average tenure).