BOARD OF DIRECTORS – Hero Honda

No.	Name of the Directors	Designation
1	Mr. Brijmohan Lall Munjal	Chairman & Whole-time Director
2	Mr. Pawan Munjal	Managing Director & CEO
3	Mr. Toshiaki Nakagawa	Joint Managing Director
4	Mr. Sumihisa Fukuda	Technical Director
5	Mr. Om Prakash Munjal	Non-executive Director
6	Mr. Sunil Kant Munjal	Non-executive Director
7	Mr. Masahiro Takedagawa	Non-executive Director
8	Mr. Satoshi Matsuzawa (Alternate Director to Mr. Takashi Nagai)	Non-executive Director
9	Mr. Pradeep Dinodia	Non-executive & Independent Director
10	Gen.(Retd.) V. P. Malik	Non-executive & Independent Director
11	Mr. Analjit Singh	Non-executive & Independent Director
12	Dr. Pritam Singh	Non-executive & Independent Director
13	Ms. Shobhana Bhartia	Non-executive & Independent Director
14.	Mr. Meleveetil Damodaran	Non-executive & Independent Director
15.	Mr. Ravi Nath	Non-executive & Independent Director

BRIEF PROFILE OF DIRECTORS

MR. BRIJMOHAN LALL MUNJAL

Mr. Brijmohan Lall Munjal is the founder Director and Chairman of the Company and the $ 2.8 billion Hero Group. He is the Past President of Confederation of Indian Industry (CII), Society of Indian Automobile Manufacturers (SIAM) and was a Member of the Board of the Country’s Central Bank (Reserve Bank of India ). In recognition of his contribution to industry, Mr. Lall was conferred the Padma Bhushan Award by the Union Government.

Mr. Brijmohan Lall Munjal is currently on the board of the following companies:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Chairman and Whole-time Director
2	Hero Cycles Limited	Chairman and Director
3	Hero Honda Finlease Limited	Chairman and Director
4	Munjal Showa Limited	Chairman and Director
5	Sunbeam Auto Limited	Chairman and Director
6	Easy Bill Limited	Director
7	Hero Financial Services Limited	Director
8	Munjal Auto Industries Limited	Director
9	Shivam Autotech Limited	Director

MR. PAWAN MUNJAL

Mr. Pawan Munjal is the Managing Director and CEO of the Company. He is responsible for growth and strategic planning for the entire Group. A graduate in mechanical engineering, Mr. Munjal has been instrumental in bringing about technological and managerial excellence in the Company’s operations. He has been the Chairman of several Committees of CII.

He is also on the board of Indian Institute of Management, Lucknow . An avid golfer, Mr. Munjal is Past Chairman of the Asian PGA Tour Board of Directors and the Past President of Professional Golfers Association of India (PGAI). Under his guidance, Hero Honda launched the Hero Indian Sports Academy (HISA) in collaboration with Laureus Foundation to provide equal opportunities in sports to various communities and to reward talent in the country.

Mr. Pawan Munjal is currently on the Board of the following companies:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Managing Director
2	Hero Honda Finlease Limited	Director

MR. TOSHIAKI NAKAGAWA

Mr. Toshiaki Nakagawa joined the Company as Joint Managing Director on February 1, 2006.

He joined Honda Motor Co., Ltd, Japan in April 1973 and later on took various assignments at Senior Positions in world wide Honda net work, such as staff member of UK, Hongkong and President of Honda Czech Republic, Honda France and General Manager of Honda Beijing Office.

Before joining the Company, he held the position as General Manager of Operating Office of China, ASEAN succeeding by Operating Office No.1 (North America, South America and Europe) at Honda Head Office, Japan.

His specialization is “Overseas Sales of Automobiles and Motorcycles.”

Mr. Nakagawa is currently on the Board of the following companies:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Joint Managing Director
2	Hero Honda Finlease Limited	Director

MR. SUMIHISA FUKUDA

Mr. Sumihisa Fukuda was appointed as an Additional and Technical Director in the Whole-time employment of the Company by way of passing a resolution by Circulation on May 13, 2008 . Mr. Fukuda was born on December 12, 1955 at Nagasaki , Japan and after completing a course in Mechanical Engineering, he joined Honda Motor Co., Ltd., Japan as an Engineer & has completed various assignments in Honda. In recent past, he was working as Manager – Asian Autoparts Co. Ltd., Thailand . He brings with him rich experience of more than 30 years.

Mr. Fukuda is currently on the Board of the following companies:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Whole-time Director
2	Hero Honda Finlease Limited	Director

MR. OM PRAKASH MUNJAL

Mr. Om Prakash Munjal is also founder Director of the Company. He is the Co-Chairman and CEO of Hero Cycles Limited, the largest producer of bicycles and bicycle components in the world. Under his leadership, Hero Cycles has found its way into the Guinness Book of World Records. In 1990, Mr. Munjal was awarded the “Indira Gandhi National Unity Award” by the President of India.

Mr. Om Prakash Munjal is currently on the Board of the following companies:

No.	Name of Company	Nature of Office
1	Hero Cycles Limited	Co-Chairman and Managing Director
2	Majestic Auto Limited	Chairman & Director
3	Hero Financial Services Limited	Chairman & Director
4	Hero Motors Limited	Director
5	Munjal Auto Industries Limited	Director
6	Shivam Autotech Limited	Director
7	Highway Industries Limited	Director
8	Hero Global Design Limited	Director
9	Easy Bill Limited	Director
10	Hero Honda Motors Limited	Director
11	Hero Honda Finlease Limited	Director

MR. SUNIL KANT MUNJAL

Mr. Sunil Kant Munjal born on December 14, 1957 , at Ludhiana is aged 49 years. After his graduation he underwent training in the field of Mechanical Engineering. Presently he is Managing Director of Hero Cycles Ltd. (C.R. Division) and Hero Corporate Services Limited.

In 2004-05, Mr. Munjal became the President of Confederation of Indian Industry (CII), India ‘s premier business association. He is also on the Board of Indian School of Business, Hyderabad and is visiting faculty at various Business Schools and Corporate. His specialization is in Business Studies and Holistic Management Practices. Apart from the above he is a member of Prime Minister’s Council on Trade and Industry, Consultative Group on Industry, Planning Commission, Government of India and SEBI Committee on Disclosures. He has made significant contributions to some of the National-level Economic and Labour reforms in India either by chairing some of the reforms Committee or as a member.

Mr. Sunil Kant Munjal is currently on the board of the following companies:

No.	Name of Company	Nature of Office
1	Hero Management Service Limited	Chairman & Managing Director
2	Hero Corporate Service Limited	Chairman
3	Shivam Autotech Limited	Chairman
4	Hero Cycles Limited	Managing Director
5	DCM Shriram Consolidated Limited	Director
6	Easy Bill Limited	Director
7	Hero Honda Motors Limited	Director
8	Hero Motors Limited	Director
9	Satyam Auto Components Limited	Director
10	Flourish Manufacturing & Automotive Ltd.	Director
11	Abhayuday Manufacturing & Automotive Ltd	Director
12	Arrow Infrastructure Limited	Director
13	Hero Mindmine Institute Limited	Director
14	Hero Ergo Life Insurance Company Limited	Director

MR. MASAHIRO TAKEDAGAWA

Mr. Masahiro Takedagawa was appointed as an Additional Director on the Board of the Company w.e.f. May 30, 2006 . He joined Honda Motors Co., Ltd, Japan as an Area Manager in the Car Retail Operations. He was thereafter deputed in the Sales & Marketing Division of Honda Motors at USA , Italy & Thailand . Before joining Honda Siel Cars India Limited as President & CEO in April 2005, he was stationed at the Product Planning & Marketing office at Tokyo.

Mr. Takedagawa holds the directorship and membership of the Committee(s) of the Board of the following companies:

No.	Name of Company	Nature of Office
1	Honda Siel Cars India Limited	President & CEO
2	Honda Siel Power Products Limited	Director Member-Audit Committee
3	Hero Honda Motors Limited	Director

MR. TAKASHI NAGAI

Mr. Takashi Nagai has been appointed as an Additional Director on the Board of the Company w.e.f May 11, 2007. After completing his graduation from Keio University, Japan in the year 1982, he joined Honda Motors Co., Ltd, Japan. Presently, he is working as Executive Vice President, Asian Honda Motor, Thailand . Mr. Nagai brings with him vast experience in Automobile Industry.

Mr. Nagai is on the board of the following companies.:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Director

MR. SATOSHI MATSUZAWA

Mr. Satoshi Matsuzawa aged 48 years has been appointed as an Alternate Director to Mr. Takashi Nagai w.e.f. April 24, 2008 . He was born on March 2, 1960 at Tokyo , Japan . After completing his graduation in Science and Engineering from Waseda University , Japan in the year 1982, he joined Honda Motors Co., Ltd, Japan . Currently, he holds the position of General Manager, Overseas Operations.

Mr. Matsuzawa is on the board of the following companies.:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Alternate Director

MR. PRADEEP DINODIA

Mr. Pradeep Dinodia was appointed as an Additional Director on the Board of the Company on March 31, 2001 . Mr. Dinodia is a fellow member of The Institute of Chartered Accountants of India and a senior partner in the Delhi-based Chartered Accountancy firm M/s. S.R. Dinodia & Company. He has considerable experience in corporate affairs and allied legal and taxation matters.

Mr. Dinodia holds the directorship and membership of the Committee(s) of the Board of the following companies:

No.	Name of Company	Nature of Office
1	DCM Shriram Consolidated Limited	Director and Chairman – Shareholders & Investors Grievance Committee Member- Audit Committee
2	DFM Foods Limited	Director Chairman – Audit Committee
3	Hero Corporate Services Limited	Director Chairman – Audit Committee
4	Hero Honda Motors Limited	Director and Chairman – Audit Committee Member – Shareholder & Investors Grievance Committee
5	Micromatic Grinding Technologies Limited	Director
6	Ultima Finvest Limited	Director
7	Shriram Pistons & Rings Limited	Director Chairman – Audit Committee Member – Remuneration Committee
8	JK Lakshmi Cement Limited	Director
9	SPR International Auto Exports Limited	Director

GEN. (RETD.) V. P. Malik

Gen. (Retd.) V. P. Malik was appointed as an Additional Director on the Board of the Company on May 4, 2001 . Gen. Malik retired as Chief of the Indian Army in September, 2000. During his distinguished military career, he received number of awards including the Ati Vishista Seva Medal (AVSM) and the Param Vishishta Seva Medal (PVSM) – the highest National award for distinguished services.

He holds the directorship and membership of the Committee(s) of the Board of the following companies:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Director Member- Audit Committee
2	Reliance Infrastructure Limited	Director Member- Audit Committee
3	BSES Rajdhani Power Limited	Director Member- Audit Committee
4	BSES Yamuna Power Limited	Director Member- Audit Committee

MR. ANALJIT SINGH

Mr. Analjit Singh was appointed as an Additional Director on the Board of the Company on September 28, 2004 . He is currently Chairman of Max India Limited, New Delhi.
Mr. Singh brings with him rich and varied experience in businesses like Pharmaceuticals, telecom services, packaging, specialty plastic products and electronic components.

Mr. Singh is currently on the board of the following companies:

No.	Name of Company	Nature of Office
1	Max India Limited	Chairman and Mg. Director
2	Max New York Life Insurance Company Limited	Chairman
3	Max Healthcare Institute Limited	Chairman
4	IDBI Limited	Director
5	Max Neeman Medical International Limited	Chairman
6	Max Bupa Health Insurance Limited	Chairman
7	Grow Talent Company Limited	Director
8	Malsi Holdings Limited	Chairman
9	Malsi Estates Limited	Chairman
10	Malsi Hotels Limited	Director
11	Vodafone Essar Limited	Director
12	Tata Tea Limited	Director
13	Dabur India Limited	Director
14	Hero Honda Motors Limited	Director

DR. PRITAM SINGH

Dr. Pritam Singh was appointed as an Additional Director on the Board of the Company on September 28, 2004 . He is author of seven academically reputed books and over 50 research papers. Dr. Pritam Singh is one of the pioneers of Management Education in India who has devoted his life to the development of Management Education in India and abroad. Dr. Singh received the “Padam Shri” award in 2003 for his contributions in this field.

He is also on the Board of the following companies and their committees:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Director and Member – Audit Committee Member – Shareholder’s Grievance Committee
2	Parsvnath Developers Limited	Director
3	Dish TV India Limited	Director
4	Indian Medicines Pharmaceuticals Corporation Ltd.	Director
5	Delhi Stock Exchange Limited	Director
6	Godrej Properties Limited	Director

MRS. SHOBHANA BHARTIA

Mrs. Shobhana Bhartia was appointed as an Additional Director on the Board of the Company on March 24, 2005 . She belongs to the distinguished Birla family and has married into another major industrial family, the Bhartia Group. Currently, she is the Vice Chairperson and Editorial Director of HT Media Limited. She has been conferred the “Padam Shri” by the Union Government for her contribution to the media. Mrs. Bhartia is also the Chairperson of International Press Institute (India Chapter).

Mrs. Bhartia is director on the Board of the following companies and their committee(s):

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Director
2	Air Travel Bureau Limited	Director
3	Britex (India) Limited	Director
4	Goldmerry Investment & Trading Co. Limited	Director
5	HT Media Limited	Chairperson & Editorial Director
6	HTL Investment & Trading Co. Limited	Director
7	Nilgiri Plantation Limited	Director
8	Ronson Traders Limited	Director
9	Shradhanjali Investment & Trading Co. Limited	Director
10	The Hindustan Times Limited	Chairperson and Chairperson – Audit Committee
11	H.T. Music and Entertainment Limited	Director and Chairperson – Audit Committee
12	Udit (India) Limited	Director
13	Usha Flowell Limited	Director
14	Yashovardhan Investment & Trading Co. Limited	Director
15	Firefly e-ventures Limited	Director

MR. MELEVEETIL DAMODARAN

Mr. Meleveetil Damodaran has been appointed as an Additional Director w.e.f. June 16, 2008 in the category of Non-Executive and Independent Director. Mr. Damodaran, aged 61 years was born on May 4, 1947 and belongs to the Indian Administrative Service, Manipur-Tripura Cadre. He had held various coveted positions in Government / Public Sector and Regulatory Bodies.

In the past he held the position of Joint Secretary (Banking Division) in the Ministry of Finance, Chairman Unit Trust of India. He headed the IDBI bank before being appointed as the Chairman of the Securities and Exchange Board of India (SEBI), the country’s financial market watchdog. He was also appointed as officer on special duty with the Reserve Bank of India dealing primarily with the restructuring of three identified weak public sector banks.

Mr. Damodaran is currently on the board of the following companies:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Director and Member – Shareholder’s Grievance Committee
2	Tech Mahindra Limited	Director
3	Sahaj e-village Limited	Director
4	ING Vysya Bank Limited	Director
5	ING Investment Management (India) Pvt. Limited	Director

MR. RAVI NATH

Mr. Ravi Nath has been appointed as an Additional Director w.e.f. October 14, 2009 in the category of Non-Executive and Independent Director. Mr. Nath, aged 64 years is an Advocate of Supreme Court of India. He is a Partner of one of the India’s oldest legal firms Rajinder Narain & Co. He has done his B.Com (Honours), LLB, International and Competitive Laws from King’s College, London, and PIL from Harvard. He did his apprentice from Sinclair Roche and Temperley, London. He brings with him rich and specialized experience in the field of Corporate and Commercial law, Asset Finance, Aviation and Cross Border issues of nearly 40 illustrious years. He has also been recognized several times by Euromoney and others as a leading lawyer in the field of Mergers & Acquisitions. He is listed in Who’s Who and Legal 500. The Bar Association of India conferred its highest honour on him.

He is also on the Board of the following companies:

No.	Name of Company	Nature of Office
1	Hero Honda Motors Limited	Director
2	Bonanza Biotech Limited	Director
3	Designs Auto Systems Limited	Director
4	Kanoria Chemicals & Industries Ltd.	Director
5	Somany Ceramics Ltd.	Director
6	Voith Paper Fabrics India Ltd	Director and Member – Audit Committee Chairman – Shareholder’s & Investor Grievance Committee
7	Citron Holdings Pvt. Limited	Director
8	Kadimi Construction Pvt. Limited	Director
9	Rajinder Narain & Co. Consultants Pvt. Limited	Director
10	SIPA India Pvt. Limited	Director
11	Areva India Pvt. Limited	Director