India Factoring

Board of Directors

Mr. Adrian Alejandro Gostuski – Chairman of IFFS Board

Adrian Alejandro Gostuski is a French National. He obtained his CPA from the University of Buenos Aires, Argentina, and his MBA from Escuela Superior de Economía y Administración de Empresas, Argentina.

He started his career at PWC before joining Citibank, where he occupied various positions in Buenos Aires, New York and Singapore, being the latest in Mexico City, as Managing Director and Chief Financial Officer for Corporate Bank, Latin America. He joined Barclays Bank in London in 2008 as Chief Financial Officer - Operations and Technology, Global Retail Bank. Mr Gostuski joined Burgan Bank in 2011 where he occupied the position of Group Chief Financial Planning & Strategic Business Development Officer, and is presently a director at Burgan Bank Turkey.

Mr Nirmal Parik - Non-Executive Director

Chairman (Non-Executive) Nominee Director from FIMBank Plc

Mr. Parik currently heads the Asset Management & Investment Banking Department at United Gulf Bank, Bahrain (UGB).

He has more than 16 years of experience in the financial services industry in investment banking, asset management and corporate banking. Prior to joining UGB, Mr. Parik has worked in various capacities with multinational firms including ING Investment Management (I) Pvt. Ltd., the asset management arm of ING Group NV, Netherlands. Mr. Parik is a Chartered Financial Analyst (CFA), and holds an MBA degree with specialization in Finance.

Mr. Kishor Pradha – Independent Director

Kishor Pradhan, CEO at Global Trade Consultancy Services, is a banker by profession with significant experience spanning 26 years in trade and financial services. He is a Management graduate from the University of Mumbai and is a Certified Documentary Credit Specialist (CDCS). He has been engaged by renowned institutions such as Standard Chartered Bank, HSBC, ABN Amro Bank, Royal Bank of Scotland and JP Morgan, managing international trade, factoring, SCF, structured trade, ECAs and electronic banking, amongst others. He currently heads a consultancy firm that offers advisory services to banks in the areas of international trade, regulatory guidelines, ICC Guidelines, technology, etc.

He is a Member of the Banking Commission, ICC, the Executive Committee of ICC India and also of other Committees of ICC and FICCI.

Mr. Julio Cesar Bonifacino – Nominee Director of the Company 

Julio Cesar Bonifacino is an Italian National. He obtained his CPA and BA from UDELAR in Montevideo, Uruguay, and his Master of Science in Strategic Planning from Heriot-Watt University, Edinburgh, Scotland.

He started his career in banking at Citibank in Montevideo, moving later to Mexico, Panama and London, occupying positions as Treasurer, Investment Management Head and Consumer Country Business Head, among others.

Mr. Bonifacino joined Burgan Bank in Kuwait in 2013, where he occupied the positions of Deputy of the International Operations Office holding the role of monitoring the banking subsidiaries of the Group, and Head of Subsidiaries Banking Unit where he was responsible for the funding and capital needs of those subsidiaries as well as strategic associates of the Group.

In July 2020 he was appointed as Chief Investment Officer of FIMBank.