They had even gone home and secretly interviewed my wife.'įrom Board members to ex-colleagues to the security guards, everyone at IDFC attended Miranda's farewell party. It had messages from colleagues both past as well as present. 'The film had snippets from all the eight years I had spent with the organization, including our participation in the Mumbai Marathon. 'It came as a big surprise,' says Miranda. As D-day approached, there was only one thing left to be done: throw a big party - and premier an hour long movie on the life and times of Luis Miranda at IDFC. The outgoing and incoming CEOs then went out and met with external stakeholders together to assure them there would be continuity in business operations. The Board picked a successor from within the team and the handover was gradual and smooth.

When Luis Miranda resigned from his position as managing director IDFC Private Equity, the transition lasted six months.