Gurgaon-based Bhartiya Group has appointed Shailesh Pathak as an executive director, as per a release.
Bhartiya is a diversified lifestyle group founded in 1987 and consists of two verticals—Bhartiya Fashion and Bhartiya Urban.
Pathak will be responsible for group's foray into new ventures in city development and affordable housing as well as PPP initiatives, and will report to chairman Snehdeep Aggarwal.
"With his strengths in finance, infrastructure & public policy, Pathak will spearhead our foray into new ventures. We are confident that given his in-depth know-how and vast experience, he will propel the group to greater heights adding a new dimension to our business vision," said Aggarwal.
Started his career as an investment banker with ICICI in 1986, Pathak was working with SREI Infrastructure Finance Ltd as president- corporate strategy before joining Bhartiya Group.
Prior to this, he was managing director, PE, Indian Infrastructure Fund.
After leaving ICICI, Pathak joined the Indian Administrative Service (IAS) and served in various capacities during his 16-year tenure. During this time, he served as MD of State Infrastructure Development Corporation and Secretary PWD for six years. Rejoining the private sector in 2006, he came to IDFC as head-PPP, and returned to the ICICI group to lead private equity investments into infrastructure as senior director-investments with ICICI Venture, Mumbai for two years.
Pathak is an MBA from IIM Calcutta and holds a bachelor’s degree from Shriram College of Commerce, Delhi. He is also a Law graduate.
(Edited by Joby Puthuparampil Johnson)