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Wednesday, November 28, 2007

Former SEBI chief Bajpai joins Apnaloan Board

Chennai: Apnaloan.com Services Private Ltd have appointed Ghyanendra Nath Bajpai as a non-executive Independent Director on its Board. Gram Normality Bajpai was the president of SEBI till his retirement in 2005 and anterior to that he capped his calling at the Life Insurance Corporation of Republic Of India (LIC) as its chairman.

Currently, Bajpai is a Member of Modesty Depository Financial Institution of India's standing technical commission on fiscal ordinance and Board of Advisors of North American Indian Army Group Insurance Fund.

Welcoming him, Harsh Roongta, Laminitis and Director, Apnaloan.com Services Private Ltd said, "We are delighted that Bajpai have agreed to be on our board. The promise of the Apnaloan concern theoretical account is to convey the benefits of a personal finance supermarket to consumers, lenders, coverage companies, and nest egg and investing establishments will fructify much faster with the benefit of advice and counsel from a professional of the stature and standing of Bajpai".

K Phosphorus Balaraj, Managing Director of Sequoia Capital and Director, Apnaloan.com, said, "Bajpai transformed LIC and SEBI into companies that became planetary benchmarks. The same vision and thrust will assist Apnaloan achieve world-class standards".

Bajpai said: "I am happy to associate as non-executive independent manager with a grouping of budding entrepreneurs."

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