Nirmal Jain in

Nirmal Jain

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Managing Director at IIFL Finance
📍 Mumbai, Maharashtra, India

Nirmal Jain is the Founder and Chairman of IIFL Group, a leading diversified financial services company in India he built from an equity research firm in 1995. A rank-holding Chartered Accountant and an IIM Ahmedabad alumnus, he is recognized for his entrepreneurial success in building a financial services powerhouse with a customer base of over 10 million.

Outside of his corporate role, Nirmal is passionate about contributing to society, particularly in education and healthcare for the underprivileged, which he supports through the IIFL Foundation. He is a strong advocate for girl child literacy and financial inclusion across India. He lives in Mumbai with his wife and three children.

He is one of the founders of Ashoka University, a liberal education-oriented university in India.

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Experience
35 Years
Current Role
Managing Director
Job Level
Mid-senior
Location
Mumbai, Maharashtra, India
Personality Overview

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Communication Style
Decision Approach
Work Preference

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Priorities

Topics Nirmal cares about

Indian Capital Markets
Frequently discusses his long-term optimism for Indian equity markets, advocating for a bottom-up stock picking approach and a 3-5 year investment horizon for investors.
NBFC Sector
As the founder of a leading NBFC, he often shares his insights on the sector's growth, credit expansion, and regulatory environment in interviews.
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Career

Work history

6-2020
Managing Director
IIFL Finance
10-1995
Founder
IIFL (India Infoline Group)
6-1989 - 5-1994
Manager
Hindustan Unilever Limited. (Hul)
In the press

Media appearances

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Education
1987 - 1989
PGDM
Indian Institute of Management Ahmedabad
1985 - 1988
Cost Accountant
Thr Institute of Cost & Works Accountants of India
Social presence
in
Behavioral profile

DISC profile (public)

DISC behavioral profile

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