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Mahendra Naik
Chairman at
FORTUNE MINERALS LIMITED
Net worth: 1 M $ as of 30/05/2026
Profile
Currently, Mahendra Naik is Chief Executive Officer & Director at Finsec Services, Inc. since 2015, Independent Chairman at Fortune Minerals Ltd. since 2006, Independent Non-Executive Director at GoldMoney, Inc. since 2015, Director at Jameson Bank, and Director at Goldmoney Network Ltd. since 2003.
Formerly, Mr. Naik was President & Chief Executive Officer at Yellow Online, Inc. from 2000 to 2006, Independent Director at First Global Data Ltd. from 2012 to 2017, Director at Zoompass Holdings, Inc. in 2018, Director at M2 Cobalt Corp.
from 2017 to 2019, Chief Financial Officer & Independent Director at IAMGOLD Corp.
from 1990 to 2021, Independent Director at Infinitum Copper Corp.
from 2023 to 2025, Chief Financial Officer at Fundeco, Inc. from 2000 to 2014, and held director roles at IAMGOLD Corp., GMN Ltd., Canpages, Inc., UHN Foundation, Netagio Ltd., and Zoompass Holdings, Inc. Also served as Principal at Coopers & Lybrand LLP.
Education includes an undergraduate degree from the University of Toronto, conferred in 1981.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 26/06/2025 | 6,897,750 ( 1.13% ) | 1 M $ | 30/05/2026 | |
GOLDMONEY INC. 0.4% | 17/08/2025 | 53,103 ( 0.4% ) | 392 293 $ | 29/09/2024 |
Mene, Inc.
 Mene, Inc. Other Consumer SpecialtiesConsumer Durables Manufactures and markets gold and platinum jewelries 0.13% | 19/08/2024 | 148,609 ( 0.13% ) | 18 279 $ | 30/05/2026 |
Mahendra Naik active positions
| Companies | Position | Start |
|---|---|---|
| FORTUNE MINERALS LIMITED | Chairman | 18/04/2012 |
| GOLDMONEY INC. | Director/Board Member | 30/06/2015 |
Jameson Bank
 Jameson Bank Investment Banks/BrokersFinance Provides banking, foreign exchange and payment services | Director/Board Member | - |
Goldmoney Network Ltd. | Director/Board Member | 31/12/2002 |
Finsec Services, Inc.
 Finsec Services, Inc. Miscellaneous Commercial ServicesCommercial Services Provides management consulting services | Chief Executive Officer | 31/12/1989 |
Former positions of Mahendra Naik
| Companies | Position | End |
|---|---|---|
| INFINITUM COPPER CORP. | Chairman | 31/01/2023 |
| IAMGOLD CORPORATION | Director of Finance/CFO | 03/05/2021 |
| M2 COBALT CORP | Director/Board Member | 31/12/2018 |
| ZOOS HLDG | Director/Board Member | 11/12/2018 |
| ░░░░░ ░░░░░░ ░░░░ ░░░░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | ░░░░░░░░░░ |
Training of Mahendra Naik
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
80
1st degree connections
19
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 19 |
|---|---|
IAMGOLD Corp. /Old/
 IAMGOLD Corp. /Old/ Precious MetalsNon-Energy Minerals Explores and mines for gold | Non-Energy Minerals |
Fortune Minerals Ltd.
 Fortune Minerals Ltd. Other Metals/MineralsNon-Energy Minerals Operates coal and copper mines | Non-Energy Minerals |
Infinitum Copper Corp.
 Infinitum Copper Corp. Oil & Gas ProductionEnergy Minerals Engages in the exploration and development of oil and gas properties | Energy Minerals |
GoldMoney, Inc.
 GoldMoney, Inc. Investment Banks/BrokersFinance Operates an online platform that allows users to buy and sell gold, silver, platinum and palladium bullion | Finance |
Coopers & Lybrand LLP
 Coopers & Lybrand LLP Miscellaneous Commercial ServicesCommercial Services Provides accounting services | Commercial Services |
GMN Ltd.
 GMN Ltd. Investment Banks/BrokersFinance Provides metal storage and metal payment services | Finance |
University of Toronto
 University of Toronto Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Canpages, Inc.
 Canpages, Inc. Commercial Printing/FormsCommercial Services Operates as a holding company with interests in publishing telephone directories | Commercial Services |
IAMGOLD Corp.
 IAMGOLD Corp. Precious MetalsNon-Energy Minerals Engages in the exploration, production and development of gold and mineral properties | Non-Energy Minerals |
Yellow Online, Inc. | |
Fundeco, Inc.
 Fundeco, Inc. Fundeco, Inc. is an intermediate gold producer and developer committed to responsible and accountable mining practices. The company operates the Essakane mine and the Westwood mine, and are currently building the Côté Gold project in partnership with Sumitomo Metals & Mining. The company employs approximately 3,300 people and is listed on the New York Stock Exchange and the Toronto Stock Exchange. The company also has an established portfolio of exploration projects in high potential mining districts. Fundeco, Inc. is based in Markham, Canada. | |
Jameson Bank
Jameson Bank Investment Banks/BrokersFinance Provides banking, foreign exchange and payment services | Finance |
First Global Data Ltd.
 First Global Data Ltd. Miscellaneous Commercial ServicesCommercial Services Provides electronic payment and transaction processing solutions | Commercial Services |
Finsec Services, Inc.
Finsec Services, Inc. Miscellaneous Commercial ServicesCommercial Services Provides management consulting services | Commercial Services |
Netagio Ltd.
 Netagio Ltd. Insurance Brokers/ServicesFinance Provides physical vault storage solutions for corporate and institutional investors, high net worth individuals and family offices | Finance |
Zoompass Holdings, Inc.
 Zoompass Holdings, Inc. Packaged SoftwareTechnology Services Provides payment platform program services | Technology Services |
M2 Cobalt Corp.
 M2 Cobalt Corp. Other Metals/MineralsNon-Energy Minerals Provides cobalt exploration and production services | Non-Energy Minerals |
Goldmoney Network Ltd. | |
UHN Foundation
 UHN Foundation Investment Trusts/Mutual FundsMiscellaneous Functions as a foundation or endowment | Miscellaneous |
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