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 15.33 years. total yearly compensation is ₹79.96M, comprised of 99.7% salary and 0.3% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth ₹434.68M. The average tenure of the management team and the board of directors is 1.3 years and 3.2 years respectively.
Key information
Sundeep Sikka
Chief executive officer
₹80.0m
Total compensation
| CEO salary percentage | 99.7% |
| CEO tenure | 15.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹11b |
| Dec 31 2023 | n/a | n/a | ₹10b |
| Sep 30 2023 | n/a | n/a | ₹9b |
| Jun 30 2023 | n/a | n/a | ₹8b |
| Mar 31 2023 | ₹80m | ₹80m | ₹7b |
| Dec 31 2022 | n/a | n/a | ₹7b |
| Sep 30 2022 | n/a | n/a | ₹7b |
| Jun 30 2022 | n/a | n/a | ₹7b |
| Mar 31 2022 | ₹69m | ₹69m | ₹7b |
| Dec 31 2021 | n/a | n/a | ₹7b |
| Sep 30 2021 | n/a | n/a | ₹8b |
| Jun 30 2021 | n/a | n/a | ₹7b |
| Mar 31 2021 | ₹419m | ₹55m | ₹7b |
| Dec 31 2020 | n/a | n/a | ₹5b |
| Sep 30 2020 | n/a | n/a | ₹5b |
| Jun 30 2020 | n/a | n/a | ₹4b |
| Mar 31 2020 | ₹70m | ₹70m | ₹4b |
| Dec 31 2019 | n/a | n/a | ₹6b |
| Sep 30 2019 | n/a | n/a | ₹5b |
| Jun 30 2019 | n/a | n/a | ₹5b |
| Mar 31 2019 | ₹106m | ₹106m | ₹5b |
| Dec 31 2018 | n/a | n/a | ₹5b |
| Sep 30 2018 | n/a | n/a | ₹5b |
| Jun 30 2018 | n/a | n/a | ₹5b |
| Mar 31 2018 | ₹57m | ₹53m | ₹5b |
Compensation vs Market: Sundeep's total compensation ($USD958.43K) is above average for companies of similar size in the Indian market ($USD566.16K).
Compensation vs Earnings: Sundeep's compensation has been consistent with company performance over the past year.
CEO
Sundeep Sikka (50 yo)
15.3yrs
Tenure
₹79,956,000
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Nominee Director | 15.3yrs | ₹79.96m | 0.12% ₹ 434.7m | |
| Interim CFO and National Lead-Finance & Accounts | less than a year | no data | 0.0048% ₹ 18.2m | |
| Chief Officer of Operations & Customer Service? | 1.3yrs | no data | no data | |
| Chief Technology Officer | 3.7yrs | no data | no data | |
| Head of Infrastructure & Administration | no data | no data | no data | |
| Chief Legal & Compliance Officer | 13.7yrs | no data | no data | |
| Chief Business Officer of Sales & Distribution? | 1.3yrs | no data | 0.0028% ₹ 10.5m | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Chief of Human Resources Officer | no data | no data | 0.010% ₹ 37.7m | |
| Chief Investment Officer of Equity Investments | no data | no data | no data | |
| Chief Investment Officer of Equity Investments | 1.3yrs | no data | 0.026% ₹ 97.0m | |
| Chief Investment Officer of Fixed Income Investments | 20.6yrs | no data | 0.0097% ₹ 36.8m |
1.3yrs
Average Tenure
51yo
Average Age
Experienced Management: NAM-INDIA's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Nominee Director | 8.1yrs | ₹79.96m | 0.12% ₹ 434.7m | |
| Non-Executive Independent Director | 8.1yrs | ₹2.20m | no data | |
| Non-Executive Independent Director | 3.2yrs | ₹2.90m | no data | |
| Non-Executive Independent Director | 9.2yrs | ₹2.10m | no data | |
| Non-Independent Non-Executive Director | 2.1yrs | no data | no data | |
| Non-Executive Independent Director | 3.8yrs | ₹2.90m | no data | |
| Independent Non-Executive Chairperson | less than a year | no data | no data | |
| Non-Independent Non-Executive Director | 2.1yrs | no data | no data | |
| Non-Executive Non-Independent Director | 1.1yrs | no data | no data |
3.2yrs
Average Tenure
56yo
Average Age
Experienced Board: NAM-INDIA's board of directors are considered experienced (3.2 years average tenure).