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Indian-origin executives named to UK’s market authority board
As members of the CMA board, Mistry and Mehta will help promote competitive markets in the country
Dharmash Mistry and Cyrus Mehta / Images - UK government
The United Kingdom’s Department for Business and Trade has appointed five new non-executive directors to the Competition and Markets Authority (CMA) board, including two Indian-origin individuals Dharmash Mistry and Cyrus Mehta.
Mistry, a venture capitalist with expertise in technology, new business models, and finance, brings a wealth of experience to the CMA board. He has served on various boards in both executive and non-executive roles. Currently, he holds positions as a non-executive director at Halma PLC, the Premier League, the Football Association, and Rathbones PLC.
Mistry has served as a non-executive director for various prominent entities including the British Business Bank and the BBC. He has also held positions as a partner at LGT Lightstone, focusing on global tech-enabled impact investing, and Lakestar, a venture capital firm. Furthermore, he co-founded and served as CEO and later as chair of blow LTD, and held a partner role at Balderton Capital.
Mehta, a seasoned legal professional, previously served as partner and head of the EU and Competition team at the renowned international law firm CMS in London. With more than 35 years of expertise, he has specialized in UK and EU competition law, state aid, consumer law, trade law, and regulation, accumulating extensive experience in both London and Brussels.
Mehta held several significant positions in the legal sector, including serving as a consultant and later partner at CMS, as well as partner at Nabarro LLP, which later merged to form CMS Cameron McKenna Nabarro Olswang LLP. He also served as the chair of the Law Society’s European Group, demonstrating his deep involvement and leadership within the legal community.
As members of the CMA board, Mistry and Mehta will be responsible for setting the strategic direction and policy framework of the organization, developing priorities, monitoring performance against established objectives, and making decisions on market investigation references.
CMA is a non-ministerial department that helps people, businesses and the UK economy by promoting competitive markets and tackling unfair behaviour.
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