The board of directors of SpiceJet Limited approved the appointment of Mr. Anurag Bhargava and Mr. Harsha Vardhana Singh as Independent Directors in the board of directors meeting held on September 7, 2016. Mr. Anurag Bhargava is Chairman and Co-Founder of IREO. Since founding the firm in 2003, his core responsibilities include investment strategy, partnerships with Ascendas and Hyatt, and deal structuring. Under his leadership, Mr. Bhargava is also a co-founder of India Equity Partners. Previously, Mr. Bhargava was a principal and head of private equity for MSD Capital. During his tenure from 1999-2003, he deployed and managed a portfolio of highly successful private equity investments. He began his career at Wasserstein Perella & Co., New York, where he worked with the merchant banking group. Mr. Bhargava has served on several boards, including AMN Healthcare, Campus Hub, and Tabletop Holdings. He previously served on the board of State Bank of Mauritius and is currently on the boards of U.S - India Business Council and Magic Bus USA. Dr. Harsh Vardhana Singh is Executive Director of Brookings India, New Delhi. He has worked for over three decades in the areas of infrastructure regulation, trade and investment policy reform, improving competitiveness, policies relating to global value chains, new technologies and sustainable development. He has worked for twenty years in the GATT/WTO, eight of these as Deputy Director General of WTO. For over eight years, he was in the Telecom Regulatory Authority of India, first as Economic Advisor and then as Secretary of TRAI. He has taught in India, China and the US, being an Adjunct Professor or honorary Professor in these places. He has overseen and led large research projects for Think Tanks, and been Consultant to UNCTAD, ILO, Government of India, and the World Bank.