Nimesh Kampani (born 30 September 1946) is an Indian

investment banker Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with ...

. He is the chairman of the

JM Financial JM Financial (JMFL) is an Indian financial services group headquartered in Mumbai and has branches across India. It also has overseas branches in Ebene, Singapore, New Jersey and Dubai although almost all the group's business are domestic oper ...

group of companies. His personal wealth was valued at

US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...

595 million in 2009 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 Uday Suresh Kotak (born 15 March 1959) is an Indian billionaire banker and the executive vice chairman and managing director of Kotak Mahindra Bank. In the early 1980s, while India was still a closed economy and economic growth was muted, Kot ...

the "Three K's" of India's leaders in investment banking. 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.

Early life and education

Kampani is a commerce graduate from

Sydenham College of Commerce and Economics Sydenham College of Economics is a college located in Mumbai, Maharashtra, India. It is affiliated to the Dr. Homi Bhabha State University. The college offers undergraduate and postgraduate degrees in management. It was awarded a re-accreditat ...

and is a Chartered Accountant.

Controversy

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 500 crores.

References

{{DEFAULTSORT:Kampani, Nimesh Indian billionaires 1946 births Living people Indian Jains