You are here



Leadership Team


V.P.Nandakumar (Chairman)


Mr. V.P. Nandakumar is a post graduate in science with additional qualifications in Banking & Foreign Trade. Immediately after completion of his education, he joined the erstwhile Nedungadi Bank Limited.
In 1986, he resigned from the Bank to take over the family business, upon the demise of his father, V.C. Padmanabhan. In 1992, he promoted Manappuram Finance Ltd, and has been a director of the company since then. Shri. Nandakumar is a Managing Committee member of leading trade and industry associations such as ASSOCHAM and FICCI. He is also the Chairman of the Kerala state council of the Confederation of Indian Industry (CII).

Mr. T.Balakrishnan: Independent Director

DIN: 00052922

He holds a Masters degree in Political Science & International Relations from Delhi University and cleared the Indian Administrative Service in 1980.
He has 30 years of experience in General Administration, 7 years in Industrial Development and 10 year experience in Tourism Development
Presently he is holding the position of Managing Director in INKEL Ltd and Chairman & Managing Director of M/s. Kerala High Speed Rail Corporation Limited.

Nandakumaran Puthezhath


He holds a Master's degree. Formerly Managing Director of State Bank of Travancore and President/CEO of State Bank of India (Canada).
He served the State Bank of India group for 38 years in India and Canada in various capacities.
He represented SBI, as a nominee in the Board of Credit Information Bureau of India. Presently President of MobME Wireless Solutions Ltd and Honorary Advisor to Alpha Palliative Care.

Mr. Shailesh J Mehta – Independent Director

DIN: 01633893

He holds a degree in Mechanical Engineering from Indian Institute of Technology, Mumbai, M.S. - Operations Research and Ph.D. in Operations Research and Computer Science from Case Western Reserve University in Cleveland, USA.
He also has honorary Ph.D. from California State University.
He has 40 years of expertise in Financial Services, Banking, Insurance, Investments and Advisory.
e is Managing General Partner of Granite Hill Capital Partners LLC, Private Equity Fund.
He was previously Chairman of the Board and CEO of Providian Financial Corporation and also served as President and COO of Capital Holding Dr. Mehta served as a Trustee of the California State University System.
He is founder and is on the Advisory Board of Shailesh J Mehta School of Management at IIT, Mumbai. He serves on the Board of Heritage Fund of IIT Alumni in USA.
He is the member of IIT Bombay Advisory Council and is the Chairman of the board of PANIIT USA alumni association.

Mr. Gautam Saigal- (Director)


A Chartered Account by qualification, Mr. Gautam Saigal is founder partner of Pachira Financial Services LLP.
He has over 22 years of experience in financial services of which over 16 years has been in private equity investment.
Till mid-2013, Gautam was the Managing Director of AA Indian Development Capital Advisors (Ashmore Alchemy India) a mid-market focused private equity fund.
Prior to this he was the vice president of AIG Global Investment Group (Asia) and, as Co-Head of India private equity investment practice, responsible for several private equity investments by various AIG sponsored funds in India. Earlier he worked in investment banking with SSKI Corporate finance and Stewart & Mackertich for over 6 years. Gautam has been a member of the Board of Directors and Board Committees in several companies including in financial services, telecom energy distribution, healthcare, IT services, consumer products, logistics, infrastructure etc.

Mr. Munish Dayal- (Director)


Munish is a Senior Partner with Barings Private Equity Partners India since May 2007. He heads the investment practice in Banking, Financial Services & Insurance (BFSI) and also serves as an Operating Partner. He has over 28 years of global experience in establishing and building businesses in the BFSI industry, having worked with Citigroup for 16 years as Managing Director across major markets (London, Europe, Singapore, Middle East, Africa, India). His roles ranged from global transaction services, risk management to asset-based finance, culminating as the Regional Head of SME and Retail mass markets for Asia Pacific. After his tenure at Citigroup in 2005, he joined a start-up bank in India called Yes Bank where as integral part of the management team and President of Business Banking, he was instrumental in building the mid-market business which aided the bank IPO. At present he serves as the Chairman of InfrasoftTech Limited, as a director on the board of RMZ Corp, Proactive Data Systems and Indian Private Equity and Venture Capital Association (IVCA). He also serves as a member of the audit committee and remuneration and compensation committee of various portfolio companies. He is an elected member of the Executive Committee (EC) and Governance Committee of IVCA.

Munish holds a Bachelor’s degree in Commerce with Honours from the Shri Ram College of Commerce (SRCC), Delhi University, MBA from the Faculty of Management Studies (FMS), Delhi University and is also an alumnus of the Stanford University Graduate School of Business (GSB).

Mr. Jeevandas Narayan– Independent Director

DIN: 07656546

Mr. Jeevandas Narayan is a Graduate in Commerce from the University of Mysore.( Third rank at university level) and Joined State Bank of India as a Probationary Officer in 1978.
He has More than 37 years of experience in the financial services industry across geographies and held various key assignments across various Circles of the Bank and at the Corporate Centre of the Bank at Mumbai.
He was the Member of the Indian Banks Association (IBA) during 2015/16 and ranked among the top 40 CEOs by the BT-PwC list of India’s Top 40 CEOs from the BFSI Sector 2015/16. His last assignment was with State Bank of Travancore as the Managing Director.

Mr. Subhash Samant- Chief Executive Officer

Mr. Subhash Samant has completed his MBA from the Institute of Management Education- IME Pune. He has more than 20 years of experience in HL and LAP, his experience across diverse facets such as Strategic Planning, Marketing and Business Development, Credit Risk Management in the areas of Mortgage lending, Deposits, and Branch Banking operations in the Retail Banking industry.
Prior to joining us he was associated with L&T Housing Finance Ltd., DHFL, ICICI Bank Ltd & GIC Housing Finance.

Mr. Shrinivas Poojary - Head Credit

Mr. Shrinivas Poojary is a qualified Chartered Accountant. He is having 15 years of experience in Credit & Risk, Accounts & Finance and Audit. His last assignment was with L&T Housing Finance Co Ltd and ICICI Bank Ltd.

Mr. Aloke Ghosal- Chief Executive Officer

He holds B.Com (Hons) degree from St. Xavier's college, Calcutta.
He has completed the Advanced Diploma in Management.
He has in-depth knowledge of primary residential mortgages in India, spanning over more than 20 years, and spearheaded mortgage initiatives of large financial groups.
He has held senior managerial positions (Head Operations, Chief Marketing Officer, General Manager) for the past 15 years.
He has served IDBI Home Finance Ltd from 2001 to 2011. Earlier (1994 to 2000) he was with LIC Housing Finance LTD. In the last assignment, held the position of Head Operations of Muthoot Housing Finance Co. Ltd.

Mr. Vipul Patel - Chief Financial Officer

He is a qualified Chartered Accountant and having 20 years of professional experience in Finance & Accounts and Taxation.
His last assignment was with Manappuram Finance Limited as Vice President- Treasury, and also worked with Bajaj Hireres and Lessors Limited, Kalra Group of Companies, JHP Securities Pvt. Ltd. 

Mrs. Sreedivya – Company Secretary

She is the Fellow member of the Institute of Company Secretaries of India and having the Masters degree in Business Administration in Finance.
She is having more than 12 year experience in Secretarial & Compliance functions.
Her last assignment was with Manappuram Finance Limited, as an Assistant Company Secretary and also worked as the Company Secretary of M/s Manappuram Finance Tamilnadu Limited.

Mr.Ashwani Tyagi - Head-Sales

He is a qualified B.E. (Electronics) and Post Graduate Diploma in Business Management (Marketing) and having 19 years of professional experience in Sales & Business Development of Financial Products.
His last assignment was with Shriram Housing Finance Ltd as Dy.Vice President- Business Development, and also worked with Axis Securities, Bharti AXA Life Insurance, Max New York Life Insurance & Edutech Informatics India Ltd.

Mr. Achuta Rama Murthy- Head Credit

He holds Master degree in Commerce from Ravi Shankar University, Raipur, LLB from Rajasthan University, Jaipur and also he is Associate Member of Institute of Company Secretaries of India (ICSI).
He is having 22 years of exposure at various positions with various companies like LIC Housing Finance Ltd.
Dewan Housing Finance Limited, Mahindra Rural Housing Finance Limited and Fullerton Credit India Limited.

Mr.Rajesh Kuwar

Mr.Vishal Likhi

He holds B.Com degree from Mumbai University and has more than 20 years of professional experience in Collection, Risk & Fraud Management. His last assignment was with India Infoline Finance Ltd as Head- Fraud Control Unit, and also worked with Karvy Financial Services Ltd, Family Credit Ltd, HDFC Bank Ltd, Development Credit Bank Ltd, E-Serve International Ltd, BNP Paribas, HBL Global Pvt Ltd and RS Chhabra & Co.

Prasad C Bendre - Head Operation & Collection

He is Commerce graduate from Garware College, Pune University. He did Diploma in Financial Management, Advance Diploma in Business Administration, PGDBA in International Business from Welingkar Institute of Management, Mumbai University.
He also did MDP from IIM, Ahmadabad, Alumni Nos. 2011700175. He is having 22 years of experience at various positions with various companies such as Dewan Housing Finance Ltd., IDBI Home Finance Limited, Gruh Finance Limited and Global Housing Finance Limited respectively.
He is 43 years old.

Chittaranjan Datar - Head Legal

He is graduate in Law ( BSL LLB ) from ILS Law College, Pune and also holds a PGDBM from Pune University as also a Diploma in Corporate Laws from Asian Cyber Institute, Pune.
Hailing from a family of small scale business-people, he has 20 years of work - experience, post qualification with various companies at various positions like Housing Development Finance Corporation ("HDFC") Ltd , Nishith Desai Associates, Credila Financial Services Pvt. Ltd.
His last assignment was with e-Nxt Financial Ltd. (A Tata Enterprise )

Mr.Suresh Deshpande - Head HR

He is a science graduate and is holds a MBA HR and having more than 12 years of professional experience in Human Resources. He has experience in handling HR functions including HR Strategy, Policy design, Talent Acquisition, Talent Management, Performance Management, Rewards and Recognition and Compensation & Benefits.
> His last assignment was with YES Bank Ltd as Vice President-Human Resources, and also worked with Emkay Global Financial Services Ltd, Robo Silicon Pvt Ltd, Cushman & Wakefield and ACE Biomed Pvt Ltd.
First will be hightest graduate
Bachelors of Engg