Nilesh is an M.Com graduate and CAIIB with over 40 years of working experience in Banking & Insurance. He served as an Insurance Regulator and was the CEO of an Asset Management Co. After initial Banking Experience of over 5 years, he joined LIC of India as an Officer in 1983 before taking VRS in 2015 as Executive Director to join IRDAI as a Member. He has served LIC Nomura Mutual Fund as Director & CEO for 3 years and IRDAI as a whole-time director for 4 years.

Currently, he serves on the Boards of Mahindra ManuLife Mutual Fund Trustee Co, TATA AIA Life Insurance Co, and PBFintech as an Independent Director. He is a nominee Director on the Board of Bajaj Allianz General Insurance Co. Ltd. Additionally, he is a Financial Consultant to Bajaj Finserv, Astute Corporate Services Pvt. Ltd, and the National Highways Authority of India. He is a Senior Advisor to Solicitors, Cyril Amarchand Mangaldas, Mumbai. He holds philanthropic positions as Treasurer and Governing Council Member at the Liberal Education Society (Hadas High School, Nagpur) and is a Member of Siksha Mandal, Wardha (G S College of Commerce & Economics, Nagpur). He is a columnist in Loksatta, Sakal, Vivek Weekly, and has written his autobiography titled “Never Give Up”.