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  3. Board of Directors

Board of Directors

Board of Directors

Mr. Anil Chadha - Chairman & Non Executive Director

Mr. Ashish Thakar - Non-Executive Director

Mr. Mohan Swarup Bhatnagar - Independent Director

Mr. Sushil Kumar - Independent Director

Mr. Arif Musa Patel - Non-Executive Director

Ms. Rashmi Verma- Independent Director

About Vadodara City

Vadodara, a rapidly developing industrial city, where the past is still alive in its traditional handicrafts, its culture and legends. A city of impressive contrasts, the ethos is reflected in Welcome Hotel Vadodara, the leading hotel in Gujarat, a fascinating harmony of traditional architecture and modern comforts.

A Grand Revival

  • In an ambience steeped in history, complemented by a richness of culture acquired through centuries, Welcomhotel Vadodara is a leading 5 star hotel in Vadodara which brings you world class luxury with the warmth of Indian hospitality in an experience that is unmistakably grand. This 5 star business hotel presents a range of cuisines, accommodation and recreation options that are comparable with the best in Vadodara.

Mr. Anil Chadha - Chairman & Non Executive Director

Mr. Anil Chadha (56) DIN: 08073567, was appointed as the Chairman and Non-Executive Director on the Board of the Company with effect from 11th January, 2024.

An alumnus of the Welcomgroup Graduate School of Hotel Administration, Manipal, Mr. Chadha joined ITC Limited (ITC) in 1992. He was appointed as the Divisional Chief Executive of the erstwhile Hotels Business of ITC in 2021, and prior to that he was the Chief Operating Officer of the business since December 2019.

Apart from a brief hiatus of one and a half years, he has spent his entire career with ITC heading its key hotel properties in New Delhi, Agra, Chennai, Kolkata and Bengaluru. He was also responsible for the Southern region as Area Manager. In 2017, he was elevated to Vice President (South) and later took over as Vice President - Operations of the Hotels Business in April 2019.

Mr. Chadha is presently the Co-Chair of the CII National Committee on Tourism and Hospitality and a Member of the Executive Committee of the Hotel Association of India.

Mr. Chadha has received several recognitions in the hospitality industry including the ‘Excellence in Leadership Award by FICCI-Travel & Tourism Excellence Awards 2026, ‘Distinguished ITC Chairman Alumni Award 2022’ by the Welcomgroup Graduate School of Hotel Administration, Manipal, ‘Best CEO 2022’ by WE Global Employees Choice Award, ‘Hotelier of the Year’ by BBC Food Awards 2018, ‘General Manager of the Year’ by Business World Hotelier in 2016, ‘Hotelier of the Year’ by Vir Sanghvi in Hindustan Times (Brunch) 2014 and ‘Food & Beverage Manager of the Year’ by Federation of Hotel & Restaurant Associations of India in 2001.

Other Directorships in Companies / Body Corporates

ITC Hotels Limited Managing Director
International Travel House Limited Chairperson & Non-Executive Director
Fortune Park Hotels Limited Chairperson & Non-Executive Director
WelcomHotels Lanka (Private) Limited Chairperson & Non-Executive Director
Maharaja Heritage Resorts Limited Non-Executive Director
Kerala Luxury Resorts Private Limited Non-Executive Director
GHK Hospitality & Infrastructures Limited Non-Executive Director

Mr. Nakul Anand - Chairman and Non-Executive Director

Nakul Anand (65), DIN: 00022279, a Non-Executive Director of the Company since 10 th March, 1998, was appointed as the Chairman of the Company effective 21 st March, 2009. He is an Executive Director on the Board of ITC Limited (ITC) and oversees Hospitality, Travel & Tourism Businesses of ITC.

An Economics Honours Graduate from the Delhi University with an AMP Degree from the Bond University, Australia, Anand joined erstwhile ITC Hotels Limited as a Management Trainee in 1978. He has also served as the Managing Director of that company from 2003 to 2005.

In a career that spans more than four decades, Anand has been acknowledged for his vision, commitment and for his role as a thought leader to the tourism and hospitality industry. Building on ITC's ethos as an exemplar in sustainability, he has passionately advocated the imperative for a sustainable business model of hoteliering. Leveraging the significant learnings of sustainable excellence within ITC, he has led the team at ITC Hotels to pioneer the concept of 'Responsible Luxury' in the hospitality industry. This commitment has won global recognition for ITC Hotels as the largest chain of hotels in the world having the maximum number of LEED® Platinum certified properties as per the stringent norms of the U.S. Green Building Council.

Anand has been a past President of the Hotel Association of India and past Chairman of the CII National Tourism Committee. He was also a Member of the India-Sri Lanka CEOs Forum, and Council Member & Executive Committee Member of the National Culture Fund, Ministry of Culture, Government of India. He is presently a Member of the National Tourism Advisory Council constituted by the Ministry of Tourism, Government of India, Chairman of the Federation of Associations in Indian Tourism & Hospitality, and a Member of the Executive Committee of the Hotel Association of India. He is also a Member of the Senior Advisory Council of the Sustainability Hospitality Alliance.

Anand was recognised as the ‘Corporate Hotelier of the World 2019’ by Hotels Magazine USA. During the year, he was conferred with the Lifetime Achievement Award at the Hotel Investment Conference - South Asia (HICSA) 2022 for his long, illustrious and invaluable contribution to the hospitality sector.

Mr. Cheruvettolil Kochukoshy Koshy - Independent Director

Cheruvettolil Kochukoshy Koshy (77), DIN: 01478704, was appointed as a Non-Executive Independent Director on the Board of the Company on 1 st May, 2007. He is a Master of Arts in Political Science and Public Administration. He joined the Indian Administrative Service in 1968, when he was allotted to the Gujarat Cadre, and superannuated in February 2005.

In a long career spanning over 39 years, Koshy has held several eminent positions including those of Additional Chief Secretary - Department of Revenue, Industries and Mines, Tourism and Civil Aviation and Finance, and Principal Secretary to the Chief Minister. He served the Government of India as Joint Secretary & Financial Advisor to the Department of Atomic Energy, and as Executive Director of Nuclear Power Corporation of India Limited. He has also held the posts of Managing Director of the Tourism Corporation of Gujarat, Sardar Sarovar Narmada Nigam, Gujarat State Small Industries Corporation and Girinar Scooter Limited. He was the Joint Managing Director of Gujarat Industrial Investment Corporation and Chairman of Gujarat State Petroleum Corporation Limited, Gujarat State Petronet Limited and Gujarat Energy Research and Management Institute.

Post retirement, Koshy has been a consultant to the Department for International Development- UK, the World Bank and to the Department of Personnel and Administrative Reforms, Government of India. He was appointed Professor Emeritus in the faculty of Planning and Public Policy at CEPT University. Currently, he is an Advisor at CEPT Research and Development Foundation at CEPT University.

Mr. Mahalinga Narayanan - Independent Director

Mahalinga Narayanan (77), DIN: 00159288, was appointed as Non-Executive Independent Director on the Board of the Company on 10 th January, 2008. He is a Post Graduate in Commerce, Graduate in Law, Diploma Holder in Business Management and holds certified Associated Membership of the Indian Institute of Bankers. He has rich experience of over four decades in Banking, Project Finance, Administration and related areas.

Narayanan started his career with the Reserve Bank of India in 1964 and moved over to the Bank of Baroda in 1969 and continued till March, 1985. During his tenure in Bank of Baroda, he worked in all departments of commercial banking operation and was in-charge of large branches of the Bank. In April, 1985, he joined Industrial Finance Corporation of India and held senior management positions. In October, 1997, he joined Tourism Finance Corporation of India Limited as Managing Director and rose to the position of Chairman and Managing Director, which position he held till his retirement in September, 2006. He was conferred with "Udyog Rattan Award" in the year 2005 by the Institute of Economic Studies, New Delhi.

Post retirement, Koshy has been a consultant to the Department for International Development- UK, the World Bank and to the Department of Personnel and Administrative Reforms, Government of India. He was appointed Professor Emeritus in the faculty of Planning and Public Policy at CEPT University. Currently, he is an Advisor at CEPT Research and Development Foundation at CEPT University.

Mr. Mohan Swarup Bhatnagar - Independent Director

Mohan Swarup Bhatnagar (73), DIN: 00834857, was re-appointed as a Non-Executive Independent Director on the Board of the Company with effect from 28th June, 2024. He is a Graduate from St. Stephen’s College and holds a Masters Degree in Business Administration from FMS, Delhi University. He joined ITC Limited (ITC) in the year 1975.

In a long career spanning over 41 years, he held various job positions in Finance function before taking over as the Head of Finance for Hotels Division of ITC. Subsequently, he held charge of Growth and Development for the Hotels Business as Executive Vice President. He was also a member of the Management Committee of the Hotels Division and was on the Board of various joint venture and subsidiary companies of ITC. He retired from ITC in September, 2013.

Post retirement, he is actively involved in angel investing and mentoring select start-up ventures.

Bhatnagar does not hold directorship in any other company.

Mr. Ashish Thakar - Non-Executive Director

Mr. Ashish Thakar (60), DIN: 09383474, was appointed as the Non-Executive Director of the Company with effect from 13th November, 2021.

A qualified Chartered Accountant, Mr. Thakar joined ITC in June 1992, after completing his Masters in Business Administration. In a career spanning over three decades at ITC, he has held various senior roles in the finance function. Mr. Thakar is currently working as the Chief Financial Officer of ITC Hotels Limited. Prior to his current role, he was working as Executive Vice President Finance at Foods Division of ITC, and was also a part of ITC’s strategic planning team. He has handled various aspects of finance including controllership, planning, accounting, procurement, M&A, business strategy along with information technology and hotel specific investments.

Other Directorships in Companies / Body Corporates

Landbase India Limited Chairman & Non-Executive Director
Bay Islands Hotels Limited Chairman & Non-Executive Director
Fortune Park Hotels Limited Non-Executive Director
Srinivasa Resorts Limited Non-Executive Director
Maharaja Heritage Resorts Limited Non-Executive Director
Logix Developers Private Limited Non-Executive Director
WelcomHotels Lanka (Private) Limited Non-Executive Director
Kerala Luxury Resorts Private Limited Non-Executive Director
GHK Hospitality & Infrastructures Limited Non-Executive Director

Mr. Sushil Kumar - Independent Director

Mr. Sushil Kumar (64), DIN: 08460461 was appointed as the Non-Executive Independent Director of the Company with effect from 29th September, 2024.

He is a retired IAS officer with a career spanning over 37 years in leadership / senior management roles involving plan / policy / programme formulation and actual field level implementation by the State and the Union Government. He holds a Bachelor of Law degree from Delhi University and also holds a Bachelor and Masters Degree in Arts from Hindu College, Delhi University and Master's Degree in Philosophy from Punjab University.

Mr. Kumar has discharged various responsibilities starting from the Sub-divisional Magistrate to the Secretary to the Government of India (Ministry of Mines, National Commissions of OBC/SCs). He has also worked as Assistant Country Director of UNDP, India and as international staff with WHO. He has been associated with the Indian Council of Agricultural Research (ICAR), Ministry of Agriculture and also with Ministry of Panchayati Raj as Secretary, Additional Secretary and Joint Secretary, respectively.

Other Directorships in Companies / Body Corporates

Dawn Daksh Foundation Managing Director

Mr. Arif Musa Patel - Non-Executive Director

Mr. Arif Musa Patel (56) (DIN: 10051869) was appointed as the Non-Executive Director of the Company with effect from 29th September, 2024.

Mr. Patel joined ITC in August 2022. He is a Science graduate from Gujarat University and is currently the Chief Commercial Officer in ITC Hotels Limited. He holds over three decades of hospitality experience with a track record of streamlining operations in room divisions, strategic sales, brand marketing, digital marketing, revenue and distribution management along with building strong loyalty programs. He has worked with eminent brands such as Hyatt, Oberoi and Starwood across various commercial and operational leadership roles. Directorships in other entities Name of the entity Srinivasa Resorts Limited Position Non-Executive Director Bay Islands Hotels Limited Non-Executive Director Mr. Patel does not hold membership in any committee of any other entity.

Other Directorships in Companies / Body Corporates

Srinivasa Resorts Limited Non-Executive Director
Bay Islands Hotels Limited Non-Executive Director
Kerala Luxury Resorts Private Limited Non-Executive Director

Ms. Rashmi Verma- Independent Director

Ms. Rashmi Verma (67), (DIN: 01993918) was appointed as the Non-Executive Independent Director of the Company with effect from 6th October, 2025.

Ms. Verma is retired Indian Administrative Service (IAS) officer, holds M.A., M.Phil in Political Science from Delhi University, M.Phil in Sociology from IIPA and MBA (Project-based) from the University of Hull, U.K.

Ms. Verma has over 37 years of experience across diverse sectors. Her last posting before superannuation was Secretary, Ministry of Tourism, Government of India. Before that, she was posted as Secretary, Ministry of Textiles, Government of India. Ms. Verma had also worked as Principal Secretary Tourism, Bihar and Chairperson & Managing Director of Bihar State Tourism Development Corporation Limited. Directorships in other entities Name of the entity Pantomath Trustee Private Limited Position Independent Director Uflex Limited* Independent Director HT Media Limited* Independent Director PTC India Financial Services Limited* Independent Director PTC India Limited* Independent Director.

Other Directorships in Companies / Body Corporates

Pantomath Trustee Private Limited Independent Director
Uflex Limited Independent Director
HT Media Limited Independent Director
PTC India Financial Services Limited Independent Director
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