Board of Directors and Committees
He is an Economics graduate from St. Stephens College, Delhi University and holds an MBA degree from Jamnalal Bajaj Institute of Management Studies, Mumbai, India.
For his incomparable contribution to the field of apparel manufacturing, fashion and society, he was conferred an honorary Doctor of Philosophy degree by the UPES in 2022.
After graduating with a Bachelor of Arts (Economics) from Northwestern University in Chicago, Pallak moved to Hong Kong, at the age of 21, and founded an apparel sourcing business with US$200,000 in initial capital and support from his father. Established in 1999, Norwest Industries made US$1 million in profit in its first year. Today the flagship company, PDS Limited is a US$1.2 billion global enterprise, being one of the largest consumer goods design, product development, sourcing, virtual manufacturing, and distribution organization in Asia. Pallak serves as the Vice Chairman of the PDS Group.
PDS operates from a global network of 50+ offices in 22 countries across Europe, North America, Middle East, and Asia. Instead of remaining as an apparel sourcing company, PDS today is a platform business and has transformed into being one of the most favoured designer-manufacturers for some of the world's leading brands and retailers with a strong customer base part of FTSE 100, S&P500 and DAX30. Capitalizing on recent market trends, PDS has also developed several in-house proprietary brands, or undertaken collaborations with celebrities and influencers, along with licensing or acquiring its own brands.
Pallak is passionate about building a robust venture ecosystem with a focus on innovation, sustainability, technology and direct to consumer brands / digital brands. He believes in backing young, bright founders and giving them the benefit of the PDS Platform. This led to the formation of PDS Ventures which is a $50M investment fund with $20M deployed across 55+ start-ups and a few institutional funds.
Pallak is also an alumnus of Harvard Business School, having completed the Executive Program (Ownership/President Management) from HBS.
She is currently an Advisor to a number of digital-native start-ups in the space of sustainable fashion and circular economy. She is also a member of the Board of Directors of Finisterre, A UK-based B-Corp purpose-led outerwear and swimwear brand.
Previously, Yael was the Chief Operating Officer of Pangaia Materials Science, an impact-driven direct-to-consumer company bringing breakthrough innovations and patents into the world through lifestyle products.
Yael was also associated with Coats Digital as Managing Director, Coats PLC as Group Director of Strategy and M&A, and The Boston Consulting Group as Consultant.
Born in Israel, she holds a Bachelor of Laws from Hebrew University Law School (Israel) and Master of Laws from Columbia Law School (New York), and an MBA from INSEAD (Singapore/France).
Prior to joining GBG, January 2016 until September of 2018, he was responsible for overseeing one of four business units within the newly restructured entity of Li & Fung Trading i.e., LFS SCS3 - a US$4.9 billion (FOB) business with 40 plus customers located in Asia, Latin America, North America, and Europe.
Before taking on the role as President of LFS SCS3, he was the Chief Operating Officer for Li & Fung Sourcing from April 2013 to April 2016 where he oversaw Sourcing Operations (Offshore Sourcing offices globally), Business Development and Strategy for Li & Fung’s agency business concerning apparel, footwear, and hard/soft goods. In July of 2011, he joined Li & Fung Sourcing as an Executive VP responsible for the Sports and Lifestyle business unit, overseeing key customers such as Tommy Hilfiger, Calvin Klein Jeans, Timberland, DKNY Jeans, and several other accounts, totalling US$1.4 billion at FOB.
Prior to this, he worked overseeing Sourcing responsibilities at VF Corporation and Global VP - Product Development at Ralph Lauren. He also founded a Hong Kong-based agency KOMPASS in 2002. It provides a design driven, value-added services to clients.
He is a founding member and current Chairman of GAFTI (Global Apparel and Footwear Initiative). He is also an active member of the American Chamber of Commerce in Hong Kong and served as an advisor to the Asia Industry Advisory Network for the College of Textiles, North Carolina State University.
Born and raised in Canada, Ottawa, Robert holds a Bachelor of Arts Degree in Political Science from the University of Carleton, Ottawa, Canada and has lived and worked in Hong Kong, Singapore, and New York.
Mr. Parikh has worked on varied matters, including takeovers and buyouts, takeover defense, strategic combinations, restructuring of distressed businesses, structuring financial solutions, and business-critical corporate litigations and arbitrations. He regularly advises corporates and corporate boards, private equity funds, business groups, alternative investment managers, financial institutions, and banks. He also advises businesses on reputational risks, and government and regulatory investigations and actions.
Mr. Parikh holds the degree of BA LLB (Hons.) from the National Law School of India University. Mr. Parikh Ranked in the Chambers and Partners Asia Pacific Guide 2020-22, for restructuring, PE, and corporate M&A and appears in IBLJ A-List of India’s Top 100 lawyers.
In his previous roles, Srinivas has served as a President and Whole-time Director of Infosys Limited, and leadership roles at ABB Ltd.
He has served on boards of several public listed companies as executive director and has also been Chairman of subsidiaries at Infosys and PCCW.
Srinivas' global expertise in strategy, operations, and market development makes him a vital addition to our board.
|Sl. No.||Name of the Committee||Members of Committee|
|1||Audit Committee||1. Ms. Yael Gairola – Chairperson|
|2. Dr. Deepak Seth|
|3. Mr. Nishant Parikh|
|4. Mr. Mungo Park|
|2||Stakeholders’ Relationship Committee||1. Mr. Parth Gandhi – Chairman|
|2. Mr. Robert Sinclair|
|3. Dr. Deepak Seth|
|3||Nomination and Remuneration Committee||1. Mr. Robert Sinclair – Chairman|
|2. Ms. Yael Gairola|
|3. Dr. Deepak Seth|
|4||Risk Management Committee||1. Mr. Nishant Parikh – Chairman|
|2. Mr. Parth Gandhi|
|3. Dr. Deepak Seth|
|4. Mr. Pallak Seth|
|5. Mr. Sanjay Jain – CEO|
|6. Mr. Rahul Ahuja – CFO|
|7. Mr. Suresh Punjabi – Internal Auditor|
|5||Corporate Social Responsibility Committee||1. Mr. Mungo Park – Chairman|
|2. Mr. Pallak Seth|
|3. Mr. Parth Gandhi|
She began her career co-founding the international apparel manufacturing and trading business, Norwest Industries Ltd., the first PDS Multinational business. From there she worked in the Equity Capital Markets group at Lehman Brothers in Hong Kong. In 2007 Faiza founded Casa Forma Limited, a London-based architectural and interior design company specialising in creating bespoke luxury turnkey interior design. Faiza founded Soham For Kids in 2010, an international charitable foundation focused on educational initiatives in India and Bangladesh. Faiza’s most recent venture is Avantguard, a smart fashion start up that designs and manufactures uber luxe sustainable apparel/accessories.
Faiza received her bachelor’s degree in economics from the Weinberg College of Arts and Sciences and her MBA in 2006 from the Graduate School of Business at Stanford University.
Faiza holds various board and trustee positions including Vice Chairperson of the Northwestern University's International Campaign Committee (ICC), Board of Directors Member Northwestern Alumni Association (NAA), Board of Directors Member Northwestern College of Arts and Sciences Board of Visitors, Trustee on the Northwestern UK Foundation, Co Chair of the Committee for External Relations Stanford University Graduate School of Business.