Management Team

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Mr. Ashwani Kumar

(Managing Director & CEO)

Mr. Ashwani has over 15 years of industry experience especially in the Microfinance and Priority Sector segments of BFSI Industry. He has handled senior management roles in different control and support functions at Utkarsh ever since its NBFC-MFI format. Initially he had joined Utkarsh Micro Finance Pvt. Ltd., Varanasi Head Office as Head - Internal Audit, with concurrent charge of Risk, Compliance, Secretarial, Credit & Client Interaction. During the transition phase of Utkarsh from an NBFC-MFI to a Small Finance Bank i.e., Utkarsh Small Finance Bank Ltd. (USFBL), he led the Training, Recruitment and Corporate Communication verticals. His last stint with USFBL was as the Deputy CFO (Head - Finance and Corporate Communication). He has also been in the Board of Utkarsh Welfare Foundation (UWF), a Section 8 Company, as a Director.

Prior to joining Utkarsh, he was with NABARD Financial Services Ltd. (NABFINS) at their Bangalore Head Office, handling various control & support roles in its transformation phase and was last designated as AGM (Finance). Earlier to this, he had stint with Canara Bank at their Bangalore Head Office, as Manager at its Priority Credit Wing, handling Agri-Business, Priority Small Loan NPA Management and Consultancy Services with active involvement in setting up of the Canara Bank's Financial Inclusion Wing. He started his career as a Research Associate with Locus Research and Consultants Pvt. Ltd; New Delhi and undertook projects of Ministry of Rural Development, Govt. of India and international agencies.

He has attended different exposure programs in Banks, MFIs and Training Centers in India and abroad (Bangladesh, Cambodia, Indonesia and Italy) and has been in Editorial Boards of Institutional Magazines. Also, participated in several conferences / seminars as Panelist / Speaker at National & International levels and taken sessions at Institutions like CAB (RBI), NIBM, SIBSTC and various Universities / College Campuses.

He is a Rural Management Graduate from Institute of Rural Management, Anand (IRMA); a Chartered Financial Analyst (CFA) from ICFAI (India) and a B. Com.(Hons.) Graduate from Delhi University. He is a Certified Associate of Indian Institute of Bankers (CAIIB) and has other Diplomas and Certifications from Indian Institute of Banking & Finance (IIBF). He is also UGC Net (Management) certified and is a lifetime member of CFA Council (CCFA, India) and IIBF (India).


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Mr. Harshit Agrawal

(Chief Financial Officer)

Mr. Harshit has over nine (9) years of experience in the fields of Accounts & Finance, Taxation, Micro Credit and Internal Audit. Initially, he had joined Utkarsh Micro Finance Pvt. Ltd. (UMFL) as a Concurrent Auditor in the Internal Audit Department and is currently overseeing Finance and Accounts verticals.

Prior to UMFL, he was with a real-estate company based out of Varanasi in its Finance and Accounts vertical.

He is a Chartered Accountant (CA) by profession from Institute of Chartered Accountants of India (ICAI) and a Commerce Graduate from Banaras Hindu University (BHU). He is a Junior Associate of Indian Institute of Bankers (JAIIB) and has other Certifications from IIBF.


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Mr. Neeraj Kumar Tiwari

(Company Secretary & Compliance Officer)

Mr. Neeraj has over seven (7) years of company secretarial and corporate compliance experience with Utkarsh, ever since its NBFC-MFI format as Utkarsh Micro Finance Pvt. Ltd. (UMFL) and now in the NBFC-CIC format as Utkarsh CoreInvest Ltd.

Prior to Utkarsh, he was with a corporate law firm at Allahabad.

He is a qualified Company Secretary (CS) from the Institute of Company Secretaries of India (ICSI) and holds a bachelor’s degree in law from Veer Kunwar Singh University, Arrah. He also received NSE's Certification in Financial Markets (NCFM) for Compliance Officer (Corporate) Module.