Key Personnel

Mr Rikhipal Singh Thakral (“Rikhi”) was appointed as Advisor to the Investment Committee of the Company on 1 March 2017. He is also a Non-Executive Director of the Company’s subsidiaries, Thakral Lifestyle Pte Ltd, Thakral Japan Properties Pte Ltd, TJP Pte Ltd and Thakral Umeda Properties Pte Ltd.

Rikhi joined the Thakral Family Group of companies (the “Family Group”) in 1979 and is presently an Executive Director overseeing the Family Group’s property division, and is jointly responsible for the development and management of the Family Group’s real estate portfolio in Japan and Singapore. He has extended experience of doing business in a number of Southeast Asian countries.

Rikhi is also the Founder and CEO of In-Sewa Foundation, a non-profit organisation dedicated to humanitarian and social activities. He has been conferred Honorary Doctorate in Humanity by University of Cambodia as well as Vietnam National University for his significant humanitarian work in Indo-China. Rikhi has been awarded Development Medal No.1 by the President of Laos and is an Honorary Member of the Board of Trustees of The University of Cambodia. The ASEAN Secretary-General has also honoured him with a Letter of Appreciation at the ASEAN Headquarters in Jakarta for his humanitarian works and contributions in ASEAN Member States for the past 20 years.

Mr Anil Moolchand Daryanani is the Chief Financial Officer (“CFO”) and has overall responsibility for the financial functions at the Group including reporting, risk management, internal controls, financial planning, treasury and taxation with additional responsibilities for the legal, corporate secretarial and information technology functions. Prior to his appointment as CFO, Anil was the Group Financial Controller.

Anil joined the Group in 1982 and has more than 40 years of experience in financial management, taxation, accounting, legal and corporate financial matters. He has played key roles in the major corporate exercises undertaken by the Group right from and including the listing of the Group in 1995 on the main board of the Stock Exchange of Singapore. He works closely with the Group’s banks and financial, tax and legal advisers in Hong Kong and Singapore.

Anil is a director of a number of the Company’s subsidiaries in Hong Kong and Singapore. He is a Fellow of the Institute of Chartered Accountants in England and Wales, the Hong Kong Institute of Certified Public Accountants and the Association of Chartered Certified Accountants (ACCA).

Mr Kanwaljeet Singh Dhillon is the Managing Director of Thakral Corporation (HK) Limited. He joined the Group in 1977 and has more than 45 years of experience in consumer electronics trading and distribution.

Kanwaljeet is responsible for a key part of the Lifestyle’s sales and marketing operations in Hong Kong, India and South Asia. In addition, he mentors the younger leadership and imparts his skills, vast market knowledge and expertise in the trading and distribution business.

Kanwaljeet’s mastery of the Chinese market has been a strong enabler for the Group’s growth in Hong Kong and China. He contributed strongly to the listing of the Group in 1995 and subsequently to the growth in overall sales of the Group as well as the transformation and expansion of the Lifestyle business over the past decade.

Leveraging on his proven track record and wide network, Kanwaljeet continues to achieve outstanding sales performance and market share for the Group in the consumer drone segment for DJI and successfully secured the exclusive distributorship from DJI for South Asia for commercial and consumer drone, photography products and accessories for the Group.

Kanwaljeet continues to be dynamic and actively manages the sourcing, distribution and market development of these products in the allocated territories with his agile team.

Kanwaljeet graduated with a Bachelor of Commerce Degree from Punjab University, India.

Mr Torsten Stocker is the Chief Operating Officer for the Lifestyle Division at the Group. In this role, he is responsible for driving strategic initiatives, new business development, and identifying high-potential beauty, fragrance, and lifestyle brands for distribution. He plays a key role in exploring opportunities for business model expansion and forging new partnerships.

In addition to his strategic leadership, Mr. Stocker oversees talent acquisition, people development, and operational improvements across the division. He represents the Group on the board of Veronique Gabai, a premium fragrance brand in which the Group has invested.

Mr Nitin Agarwal is the Head of Strategic Investments, leading the Group’s investment strategy and growth initiatives.

With over 25 years of experience, he has held leadership roles such as, CEO-India Market at Equitativa Group, Advisor - Strategic Initiatives at HDFC Capital Advisors Limited, CEO-ICPL and Vice President at HSBC. His expertise spans investments, asset acquisition, fundraising, investment banking, and asset management. Nitin brings expertise across the financial ecosystem including private equity, structured finance, and REITs/InvITs.

Nitin holds a Bachelor’s in Commerce from Symbiosis College of Arts and Commerce and an MBA in Finance and Marketing from Symbiosis Institute of Business Management, Pune, India.

Mr Indergopal Singh Thakral is the Managing Director of Thakral China Ltd., the principal subsidiary of Thakral Corporation. In this role, he is responsible for formulating and executing the company’s strategic vision for its premium brand portfolio, including China’s beauty and fragrance business and the Nespresso India business. He executes the sales and business development efforts in these markets. Additionally, he served as a Director of Project Glow Topco Limited, advising on JV-to-equity conversion for the Thakral Group, resulting in a stake in the parent company of The Beauty Tech Group, later listed on the London Stock Exchange.

With over a decade of experience in business management, Indergopal continues to deepen his expertise in consumer psychology and market preferences in China and India. He continues to explore opportunities at the intersection of technology, beauty, and potential investments and innovation within the sector.

Indergopal holds a Bachelor’s degree from Singapore Management University and has completed executive training programs in Developing Emerging Leaders at INSEAD, Negotiation Skills at Harvard Business School, and Real Estate Economics & Finance from LSE.

Mr Satbir Singh Thakral is an Executive Director of the Company’s principal subsidiary, Thakral China Ltd. He leads the Group’s New Economy Ventures
portfolio, driving investments at the convergence of real estate, impact investing, and future-tech to unlock synergies across the Group’s core businesses.

Satbir has provided strategic leadership in building and scaling lifestyle, technology, and beauty brands to premium positioning. With a strong instinct for design, consumer behaviour, and market timing, he brings deep experience across digital platforms, ecommerce, and direct-to-consumer models. He has worked closely with global technology leaders including Alibaba, Tencent, and ByteDance, and has led initiatives across digital marketing, social commerce, retail, and experiential brand building.

Recognised for his ability to identify emerging trends and translate them into investable, future-ready businesses, Satbir brings a technology-first perspective alongside a disciplined, real-estate-focused investment approach centred on long-term value creation.

Satbir attained his Executive Education from Stanford University Graduate School of Business.

Mr Sean Qiu is the Financial Controller of the Company’s principal subsidiary, Thakral China Ltd. His responsibilities include planning and execution of financial strategy as well as overseeing administrative, human resource, information technology, legal, logistics and sales support matters.

Sean joined the Group during the second millennium and rose through the ranks from Finance Manager to the present role of Financial Controller. He has over 25 years of experience in financial management and works closely with the Group’s banks, tax and legal advisers in China.

Sean graduated from the Accounting faculty of Shanghai Lixin University of Accounting and Finance.