EBIXCASH ANNOUNCES APPOINTMENT OF RENOWNED ECONOMIST SP KOTHARI TO ITS BOARD OF DIRECTORS, AS IT PROGRESSES TOWARD ITS PROSPECTIVE IPO IN INDIA
MUMBAI: EbixCash Private Limited, a subsidiary of Ebix, Inc., a leading international supplier of On-Demand software and E-commerce services to the insurance, financial, healthcare and e-learning industries announced the appointment of Mr. SP Kothari, as a new independent director to the EbixCash Board. Professor Kothari has senior executive experience in government, academia, and industry with expertise in strategic and policy issues, securities regulation, auditing, and corporate governance.
S.P. Kothari is Gordon Y Billard Professor of Accounting and Finance at MIT’s Sloan School of Management. Most recently, from 2019 to 2021 he served as Chief Economist and Director of the Division of Economic and Risk Analysis at the US Securities and Exchange Commission.
In academia, Kothari was deputy dean of MIT Sloan School of Management (2010-15), and previously he headed the Department of Economics, Finance and Accounting at MIT. In addition, he Co-Chaired the Board of Governors of Asia School of Business, Kuala Lumpur, served as faculty director of the MIT-India Program, and edited the world-renowned academic publication Journal of Accounting & Economics.
In 2008-09, Kothari was global head of equity research for Barclays Global Investors (acquired by BlackRock); he was a director of Bombay Stock Exchange (BSE) (2015-19); and he has consulted extensively on valuation and reporting, risk management, auditing, and management compensation.
Kothari is a recipient of numerous awards for his scholarship, including one of India’s highest civilian honors – the Padma Shri award in 2020, Honorary Doctorates from London Business School, University of Cyprus, and University of Technology, Sydney, and American Accounting Association’s Distinguished Contributions to the Accounting Literature award. Kothari received his B.S. in Engineering from the Birla Institute of Technology & Science and his MBA (PGDM) from the Indian Institute of Management, Ahmedabad. Dr. Kothari earned his PhD from the University of Iowa.