Board of Directors

Dr. BS Ajai Kumar
Chairman and Chief Executive Officer

Dr. BS Ajai Kumar is the chairman and CEO of HCG. Dr. Ajai Kumar founded HCG to realize his vision of making advanced cancer care accessible to all. He has been the driving force behind HCG’s growth since inception. He has served as the CEO since 2005.
Dr. Ajai Kumar’s contribution to the field of cancer care in India as well as his successes as a first generation physician entrepreneur has been widely recognized. He has been awarded the Ernst and Young Entrepreneur of the Year Award, the CII Regional Emerging Entrepreneurs Award, and the BC Roy Award by the Indian Science Monitor. He is also a recipient of the Karnataka Rajyotsava Award. Dr. Ajai Kumar has been a practicing oncologist in the US and India for over three decades. He completed his residency training in Radiotherapy from the MD Anderson Hospital and Tumor Institute of the University of Texas, and his residency training in Oncology from the University of Virginia Hospital, Charlottesville. He received his MBBS from the St. Johns Medical College, Bangalore.

Shanker Annaswamy
Non-Executive Independent Director

Shanker Annaswamy is a non-executive, independent director of HCG. He has been a director since February 2015. In the past he has been the managing director of IBM India Private Limited, and the regional general manager of IBM in South Asia. He has also been the president and CEO of GE Medical Systems, South Asia, and the managing director of Wipro-GE Medical Systems. He was an elected member of NASSCOM’s executive council in the past and co-chaired the Confederation of Indian Industry’s National Innovation Mission in 2007. In 2011, Mr. Annaswamy received a leadership award at the Forbes India Leadership Awards. In 2009, Business Week magazine listed him as one of India’s 50 most powerful people. He holds a diploma in Business Management Education from the All India Management Association, New Delhi and a B.E in Electronics and Communication Engineering from Madras University.

Sudhakar Rao
Non-Executive Independent Director

Sudhakar Rao is a non-executive, independent director of HCG. He is a retired Indian Administrative Service Officer and has held several posts in the government including the post of the chief secretary to the government of Karnataka. He has previously been a director on the boards of Indian Oil Corporation Limited, Binani Industries Limited. He has been awarded the Kannada Rajyotsava Award by the Government of Karnataka. He is an M.A from Delhi University and has a Master’s degree in Public Administration from the Kennedy School of Government, Harvard University.

Bhushani Kumar
Non-Executive Independent Director

Bhushani Kumar is a non-executive, independent director of HCG. She has been a director since May 2015. She is presently the Secretary, Women’s Peace League, Basavanagudi, Bengaluru. She holds an LL.M and an LL.B from Bangalore University, and a B.Sc from the University of Mysore.

Dr. Amit Varma
Non-Executive Director

Shanker Annaswamy is a non-executive, independent director of HCG. He has been a director since February 2015. In the past he has been the managing director of IBM India Private Limited, and the regional general manager of IBM in South Asia. He has also been the president and CEO of GE Medical Systems, South Asia, and the managing director of Wipro-GE Medical Systems. He was an elected member of NASSCOM’s executive council in the past and co-chaired the Confederation of Indian Industry’s National Innovation Mission in 2007. In 2011, Mr. Annaswamy received a leadership award at the Forbes India Leadership Awards. In 2009, Business Week magazine listed him as one of India’s 50 most powerful people. He holds a diploma in Business Management Education from the All India Management Association, New Delhi and a B.E in Electronics and Communication Engineering from Madras University.

Bhushani Kumar
Non-Executive Independent Director

Bhushani Kumar is a non-executive, independent director of HCG. She has been a director since May 2015. She is presently the Secretary, Women’s Peace League, Basavanagudi, Bengaluru. She holds an LL.M and an LL.B from Bangalore University, and a B.Sc from the University of Mysore.

Dr. Amit Varma
Non-Executive Director

Shanker Annaswamy is a non-executive, independent director of HCG. He has been a director since February 2015. In the past he has been the managing director of IBM India Private Limited, and the regional general manager of IBM in South Asia. He has also been the president and CEO of GE Medical Systems, South Asia, and the managing director of Wipro-GE Medical Systems. He was an elected member of NASSCOM’s executive council in the past and co-chaired the Confederation of Indian Industry’s National Innovation Mission in 2007. In 2011, Mr. Annaswamy received a leadership award at the Forbes India Leadership Awards. In 2009, Business Week magazine listed him as one of India’s 50 most powerful people. He holds a diploma in Business Management Education from the All India Management Association, New Delhi and a B.E in Electronics and Communication Engineering from Madras University.

Amit Soni
Non-Executive Non-Independent Director

Amit is a Senior Managing Director of the CVC India team. Prior to joining CVC, he was a principal at General Atlantic where he spent nine years and led the firm’s India investment strategy for internet, business services, software and financial technology. Prior to that Amit worked at 3i, Bill & Melinda Gates Foundation and McKinsey & Co. Amit’s previous investment in healthcare includes Citius Tech, a leading healthcare IT services provider and MedExpress, leading chain of urgent care centres. Amit holds an MBA from Wharton and a Bachelor of Technology in Electrical Engineering from IIT Delhi

Siddharth Patel
Non-Executive Non-Independent Director

Siddharth is a Partner at CVC and joined in 2010. Siddharth was based in the London office for seven years in the global TMT team and, as of 2017, is based in Singapore where his responsibilities include CVC India office. Prior to joining CVC, he was with Apax Partners where he spent nine years in the technology and telecommunications team leading or co-leading transactions across the sector. Prior to Apax, he worked at Monitor Company. Siddharth’s previous investment experience in healthcare includes TriZetto, a leading provider of healthcare software and services. Siddharth holds First Class MA and BA Degrees from the University of Oxford

Abhay Havaldar
Non-Executive Independent Director

Mr. Abhay Prabhakar Havaldar holds a Bachelor’s degree in Electrical Engineering from the Mumbai University and a Master’s degree in management from the London Business School. Previously, he was associated with General Atlantic, a global growth equity firm as an Advisory Director. He was instrumental in establishing General Atlantic’s India Office. He possesses a rich experience of investing in the Indian markets, including as a venture capitalist and growth investor. He is also a Shareholder Director at National Stock Exchange of India Ltd.”