Nirmal Jain is the founder and chairman of IIFL Holdings Ltd. He founded the company in 1995 and took it public in 2005. IIFL, previously known as Probity Research and Services, is India’s first independent equity research company. Nirmal started his career in 1989 with Hindustan Lever Limited (HUL). During his stint with HUL, he contributed immensely towards the rapid and profitable growth of HUL’s agro commodity export business.
Nirmal holds bachelor’s and master’s degrees from the University of Mumbai and IIM Ahmedabad. He is also a member of the Institute of Chartered Accountants of India.