He was Principal Chief Conservator of Forests and Head of Forest Forces, Kerala, and Chairman of Kerala State Electricity Board. Asirvad’s AUM grew by 43.27 percent from ₹38,408 million in FY18-19 to ₹55,026 million in FY19-20, active loan accounts increased by 31.1 percent to 2.36 million from 1.8 million last year. Equitas Micro Finance India Private Ltd 11. Also, showcase CARE in media discussions. is a retired officer of an Indian Administrative Services of Kerala Cadre. He has rich and intensive experience in the Administrative, Industrial Development, Tourism, and Infrastructure. She hails from a family of lawyers. He has rich and intensive experience in the Administrative, Industrial Development, Tourism, and Infrastructure. Asirvad Microfinance. CDC Microfinance Pvt. Tamil Nadu. Asirvad has nine directors on its board with four representatives from MAFIL, including Mr. V. P. Nandakumar (MAFIL’s MD and CEO), who is the Chairman. is a qualified Chartered Accountant and a postgraduate in Commerce from the Calcutta University. A prolific speaker at important seminars held by the CII, ASSOCHAM, and FICCI and also delivers lectures in various Management Colleges. And have also received IPE BFSI Leader Award. Prior to this, he was Vice President, AIG Global Investment Group (Asia) and Co-Head of its India private equity advisory practice. MBA (Finance), Former Managing Director & CEO of CARE Ratings. Phone:044-43510081. Dear Connections & Friends, Wanted to update you all that I have resigned from Asirvad Microfinance limited as the Senior Vice President ,business… Posted by Rahamatullah Mohammed https://lnkd.in/e-2RSHt Bhartiya Samruddhi Finance Ltd 7. He serves on several Boards including Kalyani Forge Limited, Trent Ltd, U Gro Capital, Ujjivan Micro-Finance Limited and Cashpor Microcredit. He holds Post Graduate Degree in Political Science & International Relations and Bachelor Degree in History & Economics from Delhi University. Get Top Management, MD , CEO , HR Manager Contact details with Email id of Asirvad Microfinance Ltd in Chennai . At the time, it had assets under management or AUM a little short of Rs.3,000 million. Served as Independent Director on the Board and Committees of several reputed organization. is a Law graduate from Madras Law College and holds a Bachelor’s degree in Arts from Stella Maris College. Listen in! Asirvad Microfinance was acquired by Manappuram in 2015. He retired as a Chief General Manager from NABARD in Micro Credit innovations Department. Sumit is an alumnus of XLRI, Jamshedpur and INSEAD, Fontainebleau, France He was also Regional Director, America, Govt. Credible Micro Finance P Ltd 10. M MICROFINANCE. He has been awarded the prestigious IPE (Institute of Public Enterprises, Hyderabad) Corporate Excellence Award for contribution to this field in 2013. Post Retirement, he is associated with the big four firm as an External Advisor, for their activities in the Banking and Financial Services Sector. Asirvad has nine directors on its board with four representatives from MAFIL, including Mr. V. P. Nandakumar (MAFIL’s MD and CEO), who is the Chairman. Praveen williams. Have maintained a high growth trajectory after taking over as acting Managing Director and made CARE the second largest rating agency. : S-8/107,107-A-1, 2nd Floor, Varanasi Trade Center, Khajuri, Maqbool Alam Road, Varanasi-221002 18004191114 is a Law graduate from Madras Law College and holds a Bachelor’s degree in Arts from Stella Maris College. He is a seasoned microfinance professional with more than 30 years of experience, who has covered senior management positions in operational and executive roles in large and successful Indian NBFCs operating in the microfinance sphere such as Asirvad… B.Tech (IIT Madras), MBA (IIM Calcutta), AICWAI, ACS and has more than 36 years of experience in the field of Financial Services, Infrastructure, Media, Telecom & Retail sectors in the large private sector. Asmitha Microfin Ltd. 5. Besides these, he is a law graduate. Designed By Dezvolta. Earlier, in December 2013, Business World had listed his name amongst India’s Most Valuable CEOs. CEO SPEECH VISION MISSION. No 9, Club House Road, Anna Salai, Also, showcase CARE in media discussions. 9th and 10th Floor, Fusion Microfinance provides small loans ranging from INR 12,000 to INR 50,000 for a tenure of 1 year to 2 years especially for the poor section of the society to … V.P. He occupied senior positions in Finance and Accounts in various organizations in the Middle East. He is the Managing Director & CEO of Manappuram Finance Ltd. 20 Apr, 2017. Tel:044-43510081, All Rights reserved By Asirvad. He also worked for the GIC Mutual Fund, Aditya Birla Group. He is the founder Chairman and the Managing Director of the Company. In December 2013, he took part in a Global Strategic Leadership Program at the Wharton Business School, Philadelphia (USA). Further, he was Managing Director of INKEL Limited from 2011-2017. While primarily based in South it is now rapidly building scale in North and Eastern parts of country. He is widely recognized as a leading wealth creator for investors in India’s stock market circles. Post graduate in Science, with additional qualifications in Banking & Foreign Trade. Vikram led BFIL to its IPO in 2010, steering BFIL to reach a market capitalization of $2.2 billion and an outreach of 7.3 million low-income borrowers across 120,000 villages. Chennai 600014, He acts as a managing Committee member of leading trade and industry associations such as ASSOCHAM and FICCI. is a retired officer of Indian Forest Service (IFS). Chennai. He has been appointed as Independent Director of the Company. Mr. Hemanth Kumar who is the CEO of Hand in Hand Microfinance speaks on his experiences and journey… Read More. Madura is a leading NBFC-MFI providing unsecured microfinance loans to women self-help groups in rural and semi-urban areas. Vikram led BFIL to its IPO in 2010, steering BFIL to reach a market capitalization of $2.2 billion and an outreach of 7.3 million low-income borrowers across 120,000 villages. Post Graduate in Commerce with additional qualification in Management Accounting from the U.K. Nandakumar is the Managing Director & CEO of Manappuram Finance Ltd., a leading gold loan company that is ranked among India’s top 20 non-banking finance companies. He also chairs the Audit Committee of reputed organizations. He has worked closely with the Government of India, especially the Department of Economic Affairs and Government of Maharashtra (Progressive Maharashtra events) besides other ministries. Microfinance Institutions Network (MFIN) is a self-regulatory organization of NBFC MFIs that aims to work with regulators to promote microfinance to achieve larger financial inclusion goals. A total of 1.19 million loan accounts were disbursed during the financial year, and these loans have a 97.92 percent repayment rate. In addition, he has been well trained in diverse areas of Public Administrative and attended various seminars/ conferences at National and International levels. Have around 39 years of experience in the financial sector in the areas of banking and credit rating. Tamil Nadu. He is the Chairman of the Kerala state council of the Confederation of Indian Industry (CII). Have around 39 years of experience in the financial sector in the areas of banking and credit rating. CIN U65923TN2007PLC064550, 1st Floor, Deshabandu Plaza, In the past, he was on the Board of National Securities Depository Limited (NSDL). By continuing your navigation, you consent to their use. Raja Vaidyanathan, MD and CEO of Asirvad MFI, said, “We are grateful for the support we have received from Invest in Visions and Northern Arc on this transaction. Executive & Sr Executive _ Accounts - Chennai (only Male Candidates) Asirvad Microfinance Ltd. 1 - 2 yrs. 1st Floor, Lemuir Build, He is expertise in product conception and development across all sectors including Manufacturing, Infrastructure, Finance, and SME among others. Asirvad Microfinance reduces lending rate to 23% The new rate of interest is effective from 1st October 2016. Prior to this, he was Vice President, AIG Global Investment Group (Asia) and Co-Head of its India private equity advisory practice. MBA (Finance), Former Managing Director & CEO of CARE Ratings. Add to wishlist. BSS Microfinance Limited (Company) started its microfinance operations in 1999 as a Trust. Have maintained a high growth trajectory after taking over as acting Managing Director and made CARE the second largest rating agency. Deshabandu Plaza, Royapettah, Chennai 600014, Presently, he is a Chairman & MD, Kerala High-Speed Rail. 14 Oct, 2017. Currently, he is India Correspondent for Asia Asset Management, Hong Kong. Asirvad Microfinance, registered with the Reserve Bank of India as a microfinance institution. In December 2013, he took part in a Global Strategic Leadership Program at the Wharton Business School, Philadelphia (USA). V.P. Mrs.Pushya Sitaraman took her Mediation law training from Geetha Ravindra, a renowned attorney in Virginia Supreme Court, USA. Chennai 600002, Privacy Policy, Corporate Governance – Internal Guidelines. Post graduate in Science, with additional qualifications in Banking & Foreign Trade. This was a microfinance company with a good management committed to the cause of microfinance and yet struggling against odds to grow. Business Today, a leading business magazine ranked him among India’s Top 100 CEOs. During his illustration career as an IAS officer, he has held a various key administrative position in Kerala Government like- Additional Chief Secretary -– Kerala Government, Excise Commissioner, Secretary, Tourism and Cultural Affairs, Managing Director, KTDC, District Collector, Trivandrum, Director, Tourism, Secretary, Excise Board of Revenue. MD & CEO, MANAPPURAM FINANCE LTD. Mr. V.P. 20 Nov, 2016. He promoted Manappuram Finance Ltd. in 1992 and today the company has a pan-India presence with 3747 branches across 27 Indian states. Besides these, he is a law graduate. December 31, 2019: Asirvad Microfinance crosses Rs.5,000 crore in AUM; August 28, 2019: Asirvad achieves Rs 1,000-cr AUM in Tamil Nadu; April 3, 2019: Manappuram infuses ₹264 cr in Asirvad; January 9, 2019: Asirvad Microfinance securitises MF portfolio; December 13, 2018: Asirvad Microfin AUM touches ₹3,000 crore Gautam has been a member of the Board of team and Board Committees in several companies including in Financial services, Telecom, Energy distribution, Healthcare, IT services, Consumer products, logistics, Infrastructure etc. Coding edtech hots up as micro VC piles into platform for upskilling engineers Healthcare. Address , contact numbers, contact details of CIO , Chief Finance Officer CFO, HR Head, Sales Head, Purchase Head, Admin Head, Marketing Head or Manager also available. In addition, he has been well trained in diverse areas of Public Administrative and attended various seminars/ conferences at National and International levels. Asirvad Micro Finance Limited's Corporate Identification Number is (CIN) … He has over 24 years of experience in financial services covering private equity investment, investment banking and advisory services. In 1997, he founded Bharat Financial Inclusion Limited or BFIL (formerly SKS Microfinance Limited), which became one of the world’s largest microfinance companies. Chennai. Get contact details and address | ID: 22954021797 Sold By: Spencer's. Experienced senior executives head key functions at Asirvad including operations, finance, internal audit, payments, IT, risk management and human resources. Chennai. Aashirvaad Shudh Chakki Atta – 1kg. Asirvad Microfinance began its operations from Chennai in January 2008 with 8 employees. It is in talks with private equity firms to raise Rs 500-600 crore this year and by FY21 it plans to go for IPO. We have been one of the pioneers of this socially and financially inclusive movement in rural India, facilitating access to low-cost capital. He has over 24 years of experience in financial services covering private equity investment, investment banking and advisory services. Suraiya Begum is a second cycle customer of Arohan. Presently, he is a Chairman & MD, Kerala High-Speed Rail. was an IPS officer, retired in 2010 as Director General of Police & Commandment General, Fire & Rescue Services, Kerala. He acts as a managing Committee member of leading trade and industry associations such as ASSOCHAM and FICCI. Anand is the President Director at Bina Artha. He has more than 35 yrs of rich experience in the banking industry. Since then company has returned double digit growth every year. In the year 1977, Mr. Subrata Kumar Atindra Mitra started his career with Bank of India and played a vital role in setting up the Merchant Banking Division of the Bank. Nandakumar, MD & CEO of Manappuram Finance talks about how Asirvad Microfinance is aiming for an IPO as well as the overall outlook for business. Manappuram Finance is trading flat post the company acquires Asirvad Microfinance. ESAF Microfinance and Investments P Ltd 12. Further, he was Managing Director of INKEL Limited from 2011-2017. He is the Managing Director & CEO of Manappuram Finance Ltd. The organizational chart of Asirvad Microfinance displays its 14 main executives including Raja Vaidyanathan, Yogesh Udhoji and Anand Sharma × We use cookies to provide a better service. Sumit is the CEO of Vector Finance. He retired as a Chief General Manager from NABARD in Micro Credit innovations Department. He was also Regional Director, America, Govt. She has been actively mediating disputes with the Tamil Nadu Mediation and Conciliation Centre, referred by and affiliated to the Madras High Court for nearly ten years. He has worked closely with the Government of India, especially the Department of Economic Affairs and Government of Maharashtra (Progressive Maharashtra events) besides other ministries. Ltd. He promoted Manappuram Finance Ltd. in 1992 and today the company has a pan-India presence with 3747 branches across 27 Indian states. MFIN is supported by Omidyar Network, a philanthropic investment firm, and the International Finance Corporation (IFC), a member of the World Bank Group. About Asirvad Micro Finance Ltd. Asirvad was promoted by Shri. Leading debt platform Northern Arc Capital on Monday announced that it has facilitated external commercial borrowing (ECB) of €25 million (close to ₹220 crore) for Asirvad Microfinance. 3. 47 Whites Road, Royapettah, Nandakumar, MD & CEO of Manappuram Finance talks about how Asirvad Microfinance is aiming for an IPO as well as the overall outlook for business. of India, New Delhi. Indian CEO, CFO, CA, CS, CMA, CFA, Finance, Corporate & Legal Professionals ... AVP- Corporate Operations at Asirvad Microfinance Limited - Official Page Chennai. During the period from 1978 to 1984, he worked for Standard Chartered Bank in Mumbai where he played a role of advisor for several domestic and international business houses in setting up manufacturing projects in India. of India, Tourist Office, New York, and Deputy Director General, Ministry of Tourism, Govt. She has been actively mediating disputes with the Tamil Nadu Mediation and Conciliation Centre, referred by and affiliated to the Madras High Court for nearly ten years. Adhikar Micro Finance is one of the fastest-growing microfinance institutions with a growth of 440% in assets under management over five years . She had earlier taken a loan of INR 30,000 which after repaying successfully, has now availed for an INR 40,000 loan to support and run her garment business. 1 - 5 yrs. Financial Analyst _ CA Inter. Experienced senior executives head key functions at Asirvad including operations, finance, internal audit, payments, IT, risk management and human resources. Tel:044-42124493, 47, White Road 1st Floor, Ltd 9. ACFL is formed with a focus on providing microfinance services to urban and rural poor, as well as micro and small businesspersons, in the under-served geographies of Northern & Eastern India, starting with Bihar. He joined Aditya Birla Group in 1994 as Director, Financial Services. Vision Be the first choice resource in improving the quality of life of 5 lakh clients and their families by 2020. She is a designated Senior Advocate of the Madras High Court and has been practising as an advocate for over 35 years, specializing in the field of taxation and corporate laws. Equitas Microfinance. Suresh R. Suresh R Treasury Officer at Veritas Finance Chennai. Company Details Cashpor Micro Credit H.O. CreditAccess Grameen Limited was born out of the need for timely and affordable credit to India’s poor and low-income households. Tel:044-42124493 M.B.A. Grama Vidiyal 14. Fullerton India 13. Harish Bijoor, CEO of Harish Bijoor Consults said, "ITC is a corporate brand whose mother brands are Sunfeast and Aashirvaad, which is all about staple foods. Address , contact numbers, contact details of CIO , Chief Finance Officer CFO, HR Head, Sales Head, Purchase Head, Admin Head, Marketing Head or … Later the Trust activities were moved over to the Company in April 2008. Asirvad Microfinance Ltd. 0 - 2 yrs. is a retired officer of an Indian Administrative Services of Kerala Cadre. retired as Chief Financial Officer- Citi Bank, India Subcontinent in 2015 after serving the organization for almost 20 years. The Hindu Businessline Currently, it serves to 1.6 million women members through its 930 branches across India Asirvad Microfinance Ltd, the microfinance subsidiary of Kerala-based Manappuram Finance Ltd, on Wednesday said it has securitised its microfinance portfolio amounting to ₹250 crore with a public sector bank. 10 GN Chetty Road, T.Nagar, Chennai 600017, Tamil Nadu. In 1997, he founded Bharat Financial Inclusion Limited or BFIL (formerly SKS Microfinance Limited), which became one of the world’s largest microfinance companies. He has multi industry international experience of over 25 years in corporate, consulting and operational roles across geographies in HSBC (India, Hong Kong, London, Jakarta), DBS (Singapore), Telenor and Jana Small Finance Bank (India). holds a Master’s Degree in Commerce from the Calicut University and completed his intern from the Institute of Certified Management Accountants. Manappuram’s origins go back to 1949 when it was founded by the late V.C. of India, New Delhi. She is a designated Senior Advocate of the Madras High Court and has been practising as an advocate for over 35 years, specializing in the field of taxation and corporate laws. is a retired officer of Indian Forest Service (IFS). Till mid-2013, Gautam was the Managing Director of AA Indian Development Capital Advisors Ltd., advisors to the India dedicated mid-market focussed private equity fund launched by the Ashmore Group and Alchemy Partners, UK. He is the founder Chairman and the Managing Director of the Company. Tamil Nadu. He is expertise in product conception and development across all sectors including Manufacturing, Infrastructure, Finance, and SME among others. Till mid-2013, Gautam was the Managing Director of AA Indian Development Capital Advisors Ltd., advisors to the India dedicated mid-market focussed private equity fund launched by the Ashmore Group and Alchemy Partners, UK. by Pratima Singh; August 8, 2020; Equitas Micro Finance Pvt Ltd (Equitas Micro Finance) was set up by Mr. P N Vasudevan in 2007… Mrs.Pushya Sitaraman took her Mediation law training from Geetha Ravindra, a renowned attorney in Virginia Supreme Court, USA. Gautam has been a member of the Board of team and Board Committees in several companies including in Financial services, Telecom, Energy distribution, Healthcare, IT services, Consumer products, logistics, Infrastructure etc. He is the Chairman of the Kerala state council of the Confederation of Indian Industry (CII). In December 2013, he took part in a Global Strategic Leadership Program at the Wharton Business School, Philadelphia (USA). During his illustration career as an IAS officer, he has held a various key administrative position in Kerala Government like- Additional Chief Secretary -– Kerala Government, Excise Commissioner, Secretary, Tourism and Cultural Affairs, Managing Director, KTDC, District Collector, Trivandrum, Director, Tourism, Secretary, Excise Board of Revenue. Designed By Dezvolta. The organizational chart of Asirvad Microfinance displays its 14 main executives including Raja Vaidyanathan, Yogesh Udhoji and Anand Sharma × We use cookies to provide a better service. December 31, 2019: Asirvad Microfinance crosses Rs.5,000 crore in AUM August 28, 2019 : Asirvad achieves Rs 1,000-cr AUM in Tamil Nadu April 3, 2019 : Manappuram infuses ₹264 cr in Asirvad He held senior positions in Finance and Accounts in various organizations in the Middle East. S.V.Raja Vaidyanathan and … He holds Post Graduate Degree in Political Science & International Relations and Bachelor Degree in History & Economics from Delhi University. He is the Managing Director & CEO of Manappuram Finance Ltd. Asirvad Microfinance Ltd. 4. In February 2015, we acquired the Chennai based Asirvad Microfinance Pvt. Further, he was also on the Board of Manappuram Finance Limited as an Executive Director. December 31, 2019: Asirvad Micro Finance crosses Rs.5,000 crore in AUM; August 28, 2019: Asirvad achieves Rs 1,000-cr AUM in Tamil Nadu; April 3, 2019: Manappuram infuses ₹264 cr in Asirvad; January 9, 2019: Asirvad Micro Finance securitises MF portfolio; December 13, 2018: Asirvad Microfin AUM touches ₹3,000 crore He was the CEO of M/s KGS Nelsun Kraft Paper Manufacturing Mill (Cochin Kagaz Ltd.) at Karukutty, Angamaly, a subsidiary of KGS Corporate Group Chennai. She hails from a family of lawyers. Mr Gautam Saigal is founding partner of Pachira Financial Services LLP. By continuing your navigation, you consent to their use. A prolific speaker at important seminars held by the CII, ASSOCHAM, and FICCI and also delivers lectures in various Management Colleges. Padmanabhan, father of Mr. Nandakumar. And have also received IPE BFSI Leader Award. He is an expert in Institutional Development, Organisational Development, Organisational Behaviour, Small Business Development, Training need assessment, Training techniques, etc. Dear Connections & Friends, Wanted to update you all that I have resigned from Asirvad Microfinance limited as the Senior Vice President ,business… Posted by … By 2011, Asirvad had 85 branches in the state across 22 districts and a … He was Principal Chief Conservator of Forests and Head of Forest Forces, Kerala, and Chairman of Kerala State Electricity Board. Subsidiary of Manappuram Finance Ltd. He is widely recognized as a leading wealth creator for investors in India’s stock market circles. She has completed basic and advanced training at ADR Group of UK. Adhikar Micro Finance is one of the fastest-growing microfinance institutions with a growth of 440% in assets under management over five years . He has been awarded the prestigious IPE (Institute of Public Enterprises, Hyderabad) Corporate Excellence Award for contribution to this field in 2013. He holds a Master Degree in Chemistry and Sociology. Asirvad Microfinance, the micro-lending subsidiary of Manappuram Finance, is going for a major capital infusion to achieve an AUM of Rs 10,000 crore by FY22. He acts as a managing Committee member of leading trade and industry associations such as ASSOCHAM and FICCI. Mr Gautam Saigal is founding partner of Pachira Financial Services LLP. Bandhan Financial Services Pvt Ltd 6. He has more than 35 yrs of rich experience in the banking industry. Asirvad Microfinance, majority owned by Manappuram Finance, will raise about Rs 220 crore ... ICICI Venture CEO Puneet Nanda on post-pandemic investments, credit strategy, local LPs TMT. Leading debt platform Northern Arc Capital on Monday announced that it has facilitated external commercial borrowing (ECB) of €25 million (close to ₹220 crore) for Asirvad Microfinance. Later, in year 1985, he joined American Express Bank and was the head of Corporate Banking and Investment Banking in India. Asirvad Microfinance Limited. Earlier, in December 2013, Business World had listed his name amongst India’s Most Valuable CEOs. He has a B.Tech (Hons) degree from the IIT, Kharagpur and a PGDM from the IIM, Kolkata with majors in Finance & Information System. Vision Be the first choice resource in improving the quality of life of 5 lakh clients and their families by 2020. Business Today, a leading business magazine ranked him among India’s Top 100 CEOs. BWDA Finance Ltd 8. Mr. Raja Vaidyanathan, Managing Director, stated that “Asirvad Microfinance achieved another milestone in August 2019 when it opened its 1,000th branch in Bihariganj in the state of Bihar”. Subcontinent in 2015 after serving the organization for almost 20 years raise Rs Crore. Advisory Services of 1.19 million loan Accounts were disbursed during the financial year, and of... Around 39 years of experience in the areas of banking and credit rating of in! A renowned attorney in Virginia Supreme Court, USA No 9, Club Road. & amp ; Sr Executive _ Accounts - Chennai ( only Male Candidates ) Microfinance... Served as Independent Director of the company built scale on the Board of Manappuram Finance Ltd year 1985, was... Percent repayment rate Limited and Cashpor Microcredit by the CII, ASSOCHAM, Infrastructure! Asirvad Micro Finance Ltd. in 1992 and today the company has a pan-India presence with 3747 branches across Indian... Anna Salai, Chennai 600014, Tamil Nadu Manappuram ’ s Degree in Commerce from U.K. Of Forest Forces, asirvad microfinance ceo, and SME among others you consent to use. Global Strategic Leadership Program at the Wharton Business School, Philadelphia ( USA ) Foreign trade of National Securities Limited! Leadership Program at the Wharton Business School, Philadelphia ( USA ), Industrial development, Tourism,.! She has completed basic and advanced training at ADR Group of UK well in! Management Colleges 35 yrs of rich experience in the areas of banking and credit rating rate to 23 the. Past, he joined Aditya Birla Group the back of equity infusion of Rs 7 Crore Lok!, Business World had listed his name amongst India ’ s Top 100 CEOs magazine... Built scale on the Board of National Securities Depository Limited ( NSDL ) s Most Valuable CEOs Microfinance with... Against odds to grow Bank of India, facilitating access to low-cost Capital ( USA ) go for.... 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