Board of Directors
Mr. G. S Sundararajan
(Non- Executive Independent Director,Chairperson of the Board)
Having an extensive experience in BFSI Sector with focus on Assets Business. Has been Group Director - Shriram Group, Managing Director - Shriram Capital Ltd; the Holding Company of Shriram Group's financial services and Insurance businesses across India and overseas, was also the CEO & Managing Director of Fullerton India Credit Company Ltd, Managing Director of Fullerton Enterprises Private Limited, nominated to the Boards of two Financial Services investments of Temasek in China, one in Nanjing for the SME Business and the other in Chengdu in their Village Bank Franchise. Earlier to this, he was the Managing Director and Head of Citibank's SME and Asset Based Finance business in India. He started his career in Sales with Eicher Mitsubishi and went on to head the captive finance arm of this company in India. He was also the Non- Executive Chairman of the Board of Directors of Vistaar Financial Services Ltd.
Post Graduate Diploma in Management from the Indian Institute of Management (IIM), Ahmedabad and holds Bachelor of Engineering Degree from Coimbatore.
Having more than 3 decades of Administrative Service experience with focus on Security, Vigilance and Anti-Corruption. An Indian Police Service (IPS) Officer of 1976 batch. Has served as Director General of Police, Uttar Pradesh (DGP), DIG CBI in charge of U.P. In-charge Additional Director General of Police, Crime, Law and Order. He also had stint with personnel wing of DGP Headquarters as in-charge of IPS and PPS officers at Uttar Pradesh. Awarded Presidents Medal for distinguished service and has been President of IPS Association in Uttar Pradesh and President of Lucknow University Alumni Association.
M.Sc. (Physics) and B.Sc. (Physics, Math & Statistics) Lucknow University.
Ms. Ramni Nirula
Having more than 3 decades of financial sector experience, majorly in the domain of Corporate Banking, Government Banking and Financial Securities. Retired as Senior General Manager from ICICI Bank. Also been a Director of Jindal Steel & Power Ltd, Abhishek Industries Ltd. and Ballarpur Industries Ltd.
Master of Business Administration from Delhi University.
Mr. Aditya Parekh
(Nominee Director representing Faering Capital)
Having extensive experience in financial services, while working with DSP Merrill Lynch, TranServ Private Limited, Wealth India Financial Services Pvt Limited and Linkstreet Learning Pvt. Limited Co-Founder and Managing Director at Faering Capital and Faering Capital India Evolving Fund.
Bachelor of Arts in Economics from Cambridge University and M.B.A. from University of Pennsylvania - The Wharton School.
Mr. Gaurav Malhotra
(Nominee Director representing CDC (Commonwealth Development Corporation) Group Plc)
Having extensive experience in growth strategy, consumer behavior, distribution networks, operations, IT, management consulting, advisory assignments and investments in financial institutions while working with CDC Group and Boston Consulting Group and other financial institutions.
Engineering Graduate and MBA from Indian Institute of Management, Bangalore.
Mr. Harjeet Toor
(Nominee Director representing RBL Bank Limited)
Business Head of Micro Banking, Credit Cards, Retail & MSME lending at RBL Bank Ltd. Having extensive experience as an entrepreneurial business leader with over 23 years in consumer banking across NBFCs and Banks spanning Fullerton India Credit Company Ltd. (FICCL), RBS, ABN AMRO Bank of America. Has been in various leadership roles across varied functions of Marketing, Product Management, Sales & Distribution, Branch Banking and Finance.
An Engineer and a management graduate from Faculty of Management Studies, Delhi.
(Nominee Director representing Sarva Capital LLC)
Co-founder of Lok Advisory Services. Having extensive experience in financial services industry while working with Capital One, Siemens, PRTM and also as a consultant to social projects in India and Kenya.
Engineering Graduate from Delhi University and MBA from the University of Michigan, Ann Arbor.
Mr. Ashwani Kumar
(Managing Director & CEO)
Having over 14 years of industry experience, especially in Micro Finance and Priority Sector domains. He has handled senior management roles in different control and support functions at Utkarsh ever since its NBFC-MFI format and also in its Small Finance Bank format in different capacities starting as Head - Internal Audit, with concurrent charge of Risk, Compliance, Secretarial, Credit & Client Interaction and then Head - Training, Recruitment and Corporate Communication verticals. His last stint with Utkarsh SFB was as the Deputy CFO (Head - Finance and Corporate Communication). Currently, he is also a Director in the Board of Utkarsh Welfare Foundation. Prior to joining Utkarsh, he was with NABARD Financial Services Ltd. (NABFINS) as AGM (Finance); with Canara Bank as Manager and with Locus Research and Consultants Pvt. Ltd. as a Research Associate.
Rural Management Graduate from IRMA and CFA from ICFAI (India); CAIIB and other Diplomas and Certifications from IIBF, UGC Net (Management) certified.