Rediff.com gets a new director

MUMBAI: Rediff.com India Ltd has announced the appointment of Rashesh C. Shah as

an independent director to its Board. Shah has also been appointed as a member

of the Audit Committee.

Shah is currently CEO of Edelweiss Capital Limited. He also serves on the

Boards of several Edelweiss subsidiaries and other companies. Edelweiss Capital

is a leading financial services company based in Mumbai, India, whose businesses

include investment banking, securities broking and investment management.

Ajit Balakrishnan, chairman of the Board at Rediff.com said, "He (Shah)

joins us with extensive experience and strong financial skills generated from

his career in the financial services industry. His expertise will be of great

benefit to the Board."

Shah is an MBA graduate from the Indian Institute of Management, Ahmedabad,

and holds a Bachelor's degree in Science from the University of Bombay. He is

also a Diploma holder in International Trade from the Indian Institute of

Foreign Trade, New Delhi.

Before joining Edelweiss Shah worked as head of Securities with Prime

Securities Limited.

© CyberMedia News