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Board of Directors

Dr. Prem Singh Rana, Independent Director & Chairman

Dr. Prem Singh Rana, Chairman and Managing Director of Panthera Developers Pvt. Ltd. possesses 39 years of experience of housing and infrastructure projects across the country. Dr. Rana was instrumental in promoting mass housing urbanization as the Chairman and Managing Director of Housing and Urban Development Corporation Limited (HUDCO).

During his tenure at HUDCO, he pioneered Infrastructure Finance in India and financed its first ever private airport and the financing of Sabarmati and Yamuna River Front project.

Dr. Rana is a member of Punjab State Planning Group and member of IIT Delhi Advisory Council. He has played a key role in National Urban Transport Policy, National Housing Policy and various state level policies. Dr. Rana holds a degree in civil engineering from Indian Institute of Technology (IIT), Delhi followed by a Diploma in Town and Country Planning from School of Planning and Architecture, Delhi. He has a doctorate in Transport Engineering and Management from University of New Castle Upon Tyne, U.K.


Stefan Hetges, Chief Executive Officer

Stefan joined CTE as a part of the recent acquisition of smartShift, the leading provider of tool-based modernization of complex IT systems. Stefan started his career as a consultant at Cambridge Technology Group. In 1993, he joined i-Cube as the first employee and was instrumental in the company's growth and later became responsible for i-Cube’s European business. The company grew to over $100 million in revenue and went public in 1998. In 1999, i-Cube was acquired by razorfish. In 2001, Stefan acquired the assets of i-Cube from razorfish in a management buyout and formed smartShift. Stefan has a Masters in Computer from University of Constance.


Samir Bhatia, Chief Financial Officer

Samir has over 23 years of technology experience, P&L responsibility and building companies. He has been a CxO at several startups including Founder/President at Tribiosys, Inc. a technology and process consulting firm for bio-techs and pharmaceuticals. He has launched many software and electronic products from concept to successful market penetration. More recently, as CIO at Boston Analytics, a cross border research and analytics firm, he was part of the executive management team with complete financial responsibility and was instrumental in growing the company to 170 people. Samir holds Master’s degrees in Computer Science and Physics from Northeastern University.


Swaroop Dharani, Whole Time Director

Swaroop heads the overall operations in India and is specifically responsible for all the corporate governance and statutory compliances-related aspects of CTEL. Prior to his association with CTEL, Swaroop co-founded a successful IT systems integration company of more than 150 personnel. Swaroop holds an electrical engineering degree from Jawaharlal Nehru Technological University, India.


L Sridhar, Independent Director

Lalpet Sridhar is a practicing Chartered Accountant with over 30 years of experience in the field of Finance and Accounting. Prior to his career as CA, he has served as the General Manager (Finance & Accounts) in Sree Rayalaseema Alkalies & Allied Chemical Limited, an ISO 9002/14001 Certified and listed Company. Before that he has served as the Finance Manager and Company Secretary of Gayatri Starchkem Limited and Divyashakti Granites Ltd., both Hyderabad, India based companies. Prior to that, he was the Accounts Manager in Hyderabad Allwyn Ltd. He is a science graduate and holds a Diploma in information System Audit from ICAI. He is a fellow member of the Institute of Chartered Accountants of India (ICAI) and fellow member of the Institute of Company Secretaries of India (ICSI)


Krishen Kumar Dhar, Independent Director

Krishen Kumar Dhar has over 37 years of project management and business development experience and is currently the Chief Executive Officer of Panthera Developers Pvt. Ltd, New Delhi. At Panthera Developers, he is responsible for day-to-day operations, business development, execution and strategic initiatives / partnerships. Mr. Dhar graduated from IIT, Delhi with a degree in Chemical Engineering and is on the Board of the Pan IIT Alumni Association, one of the largest and most influential alumni associations in India. He started his career at ICI India, where he worked in operations management and project management.


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