Mr. Borkar is the Chief Executive Officer & Chief Financial Officer of IIML and has been with IL&FS for 24 years. Mr. Borkar has over 28 years experience in accountancy, operations, tax and other related activities. He has been instrumental in setting up the internal control systems and procedures, as well as the operating procedures, for IIML. He has been closely involved in the fund structuring and fund raising activities of IIML and the legal documentation of the same. Mr. Borkar started his IL&FS career with the accounts department, moving to the operations department and then working as Executive Assistant to the Director (Finance). He was also part of the team, which successfully managed to raise a line of credit of $250 million for IL&FS for financing infrastructure projects in India. He has also closely worked with setting up joint ventures and other special purpose companies of IL&FS. He has worked with the IT Systems Group in developing accounting software.

Mr. Borkar holds a Bachelors degree of Commerce from Bombay University (India) and is a member of The Institute of Chartered Accountants of India