Mr. Mehta has over 34 years of proven leadership experience in banking, financial services, insurance and investments with Citibank and AIG. In January 2013, he left AIG where he was the Country Head & CEO for AIG India, since 2000. Subsequently, he started SPM Capital Advisers Pvt Ltd, initially a JV with Mirabaud Securities, UK and Percy Mistry of Oxford International, UK. Mr. Mehta is the Chairman and MD of SPM Capital.
Mr. Mehta was an Independent Director on the Board of State Bank of India till March 2017. He is presently Chairman of Punjab National Bank, IIML Asset Advisors and Board member of IL&FS Investment Managers Limited. In addition, Senior Advisor to notable PE firms, World Business Capital Inc., Squire Patton Boggs, Verisk Analytics amongst other responsibilities. He is a former Senior Consultant to the Albright Stonebridge Group, USA.
As Country Head & CEO for AIG in India, Mr. Mehta was responsible for all AIG businesses in India covering - Insurance, Financial Services, Real Estate and Investments amongst other businesses. He set up AIG’s insurance JVs with Tata’s and responsible for expanding AIG’s presence across ten businesses in India which included Life & Non-Life Insurance, Private Equity, Asset Management, Real Estate, Home Finance, Consumer Finance, Software Development, Mortgage Guaranty and Aircraft Leasing. He was on the board all AIG companies in India and also on the board of IDFC Ltd for several years.
Prior to joining AIG, Mr. Mehta worked with Citibank for over 18 years where he held various senior positions covering - operations, sales & risk process reengineering, risk management, public sector business and corporate banking. His last assignment was Corporate Bank Head for Citibank India and Senior Credit Officer.
Mr. Mehta is closely engaged with various Think Tanks and Chambers of Commerce. He is the founding Board member of The Asia Society India Centre and a past Chairman of American Chamber of Commerce (AMCHAM India). Mr. Mehta has strong interests in building sustainable communities and is the immediate Past Chairman of Action for Ability Development and Inclusion (formerly The Spastics Society of North India). He is actively engaged with The United Way and on the Boards of United Way India and Mumbai. He was also the Chairman of both these organizations and also member of the Global Transition Board of United Way Worldwide.
Mr. Mehta is a graduate from Shri Ram College of Commerce, Delhi University. He is a Fellow Chartered Accountant from the Institute of Chartered Accountants of India and alumni of the Wharton School of Management, University of Pennsylvania, USA.