|

Management Committee:
Apart from the Managing Director, Managing Committee (MANCO)
comprises of the following Senior Management personnel:
|
Name |
Designation |
Educational Qualification |
Work Experience |
|
No. of Years/Area of work |
Previous Employer |
|
S. Bhaskar
 |
COO |
ACA |
24 years
Started in
Pricewater House for 1 ½ years. Later 20 years in
Cholamandalam Investment and Finance Co Ltd. Initially
handled corporate finance and trade finance including bill
discounting etc and in the early years of Cholas retail
foray, handled retail finance also. Later moved as CFO &
Treasurer and handled Risk management including internal
audit and business process.
Prior to
joining here, he was Murugappa Group Treasurer and Vice
President Internal Audit for the last two years. |
Murugappa Group |
|
K. P. Venkatesh
 |
President (Operations)
|
Post Graduate
Diploma in Business Management from Xavier Institute of
Management
(XIM-B)
Bachelor of Engineering Mechanical
from Sri Venkateswara college of Engineering, Chennai. |
He has over 18
years of experience in sales and marketing which spans
across tangible (tyre) and intangible (asset financing)
products. He was till recently the All-India sales and
marketing Head for GMAC. He started his career in J.K.
Industries and then he moved on to Cholamandalam DBS Finance
where he was the National Product Head (Auto Loans). |
GMAC Financial Services Limited |
|
H. Mahalingam
 |
CTO |
M.Sc Statistics
Systems Analysis and Design, HCL
New Delhi
Business continuity Plan, Business
Continuity Institute, UK
Information Security from SQTC, New
Delhi |
The first 7
years were in Pricol (Premier Instruments) Coimbatore,
Fusegear Electrical Engineering and Enfield India. Later was
head of I.T for Kothari group for 13 years and the last 7
years, he has been Head of IT for Cholamandalam DBS Finance
Ltd. As Head of IT for Cholamandalam, he is in charge of
their entire hardware, networking as well as the software in
terms of identifying right software platforms for the
various business applications of the company, networking and
hardware required for optimum performance at the right cost.
Cholamandalam is a pan India leading NBFC with over 180
branches and a volume throughput of about 1000 new customer
transactions per day |
Cholamandalam DBS Limited |
|
S. Sethupathy
 |
Head-Operations |
BE Mechanical from BMS
College of Engineering, Bangalore
M.Phil in Management from Madurai
Kamaraj University
M.B.A with specialisation in
Operations Research from IGNOU |
Over 17 years
of experience in Shop floor in manufacturing and quality in
various organisations such as HMT, Sundaram Fasteners, Jay
Parabolic Springs and Yuken India. The work experience
covers various aspects of manufacturing and quality as well
as application of various quality tools such as TQM and 5S.
Prior to joining here he was Head of Manufacturing in Yuken
India Ltd, an auto component manufacturer based out of
Bangalore. Has presented papers on various topics such as
Kaizen in manufacturing, 5S and Lean manufacturing in forums
such as Indian Machine Tools Manufacturing Association, Auto
Components Manufacturers Association etc |
Yuken India Limited |
|
S. Muralidharan
 |
Head-HR |
BE (Mechanical) from Bharatiar
Univeristy
MBA from Bharathidasan Institute of
Management (BIM) Trichy |
Joined Ashok
Leyland from campus as Management trainee and after 1 ½
years, moved to Cholamandalam Investment and Finance Co Ltd
as branch manager in Salem. Later was promoted as Regional
Manager for Tamilnadu. Was with Cholamandalam for 5 ½ years
and then moved to Citicorp India Ltd for 1 ½ years handling
Tamilnadu and Andhrapradesh for their vehicle financing.
Last 7 years has been with Datamatics, a premier HR
recruiting and consulting firm with specialised focus on
recruitment and training. |
Datamatics Staffing Services |
Suchindran V.G.
 |
Vice President & Head Treasury & Risk
|
B.Com, FCA, ACS, Grad. CWA |
He has around 8 years of post qualification experience in treasury and capital markets. He started his career in the Corporate Treasury Department of Cholamandalam Investment & Finance Coy. Limited. Then he moved on to Citibank NA as a Treasury Analyst for the Consumer Banking division. Prior to joining Equitas he was Vice President-Operations for a US-based hedge fund administrator. |
Variman Capital Markets Services Private Limited |
|
E Varathkanth
 |
Chief Product Manager |
BTech (IIT Madras)
PGDM (IIM Bangalore) |
Prior to his
stint at Equitas, Varath lead the Strategic Marketing Group
at one of the largest business units at Cognizant Technology
Solutions. Apart from this strategic advisory role, he was
also involved in knowledge management and business
development activities. |
Cognizant Technology Solutions |
Profile of other Senior Management personnel
are as follows:
|
Name |
Designation |
Educational Qualification |
Work Experience |
|
No. of Years/Area of work |
Previous Employer |
Ashutosh
Atre
|
Senior Vice President & Zonal Head - Central |
DME
(Hons)
DFM (NMIMS)
|
22 years of total experience
Started his career in the year 1988 as Sales Officer with Authorized dealer of Tata Motors Ltd. for 6 years then joined Apple Finance Ltd. and worked for 2 years as Sr. Sales Executive thereafter shifted to Cholamandalam Investment and Finance Co. Ltd. where he worked for 6 years in both sales and credit functions of Vehicle Finance. He later on moved to ICICI Bank Ltd. and had the stint of about 8 ½ years where he worked at Regional, Zonal and National levels in credit of Commercial Vehicles, Construction Equipments and Agri Business.
Prior to joining Equitas he was working as National Credit Manager for Agri Business Banking Group of ICICI Bank Ltd. since Oct. 2007. |
ICICI
Bank Ltd |
|
Vikrant Bhagwat
|
Senior Vice President Zonal Head - West |
B.Com
BMCC -
Pune |
Has over 14 years of experience in NBFC & Banking
industry, Started his career in Lloyds Finance Ltd for 1 ½
years, Later 9 years in Cholamandalam Investment and Finance
Co Ltd. handled Vehicle finance business for entire
Maharashtra & Goa, later moved to HDFC Bank in retail
liabilities based out of Pune
Prior to joining Equitas, he was National Head for
Secured Assets Business comprising of Commercial Vehicles,
Construction Equipment & Small Ticket Vehicle Loans with
Development Credit Bank Ltd. Mumbai as a Vice President. |
Development Credit Bank Ltd.- |
Naveen Vashisht
 |
Senior
Vice President & Zonal Head - North |
B.Sc.,
PGDBM from YMCA, New Delhi |
18
years.
Prudent
and seasoned professional with around 18 years of experience
in Planning, Sales and Marketing, Channel Management, Profit
Centre operations across different industry verticals
ranging from consumer durables, automobiles, asset financing
and banking. Started his career with Usha International
Limited as Management Trainee and within three years he
became Product in-charge for the entire Lexus range of
appliances. After 5 years with Usha, he joined Bajaj Auto
Limited, where he served as Area Manager heading 2- Wheeler
sales/marketing for Punjab region for a period of 5 ½
years. Then he moved on to join Cholamandalam Investment and
Finance company as Regional Manager for Punjab / Chandigarh
/ Haryana / Himachal Pradesh / Uttranchal.
Prior
to joining Equitas he was working as Associate Vice
President & Head-Branch Assets-South with Development
Credit Bank Limited at Mumbai for the last 3 ½ years
|
Development
Credit Bank Limited. |
Ravikumar
D
 |
Zonal Head South |
B.Sc.Ed,
MBA, PGDSM from NIIT
|
15.5
years
Over
15.5 years of experience in Sales & Marketing.
Immediately after graduation he started his career in
Marketing with M/S Amara Raja Batteries Ltd for 2 years and
then appeared for GMAT and TOEFL to pursue MBA. After
completion of MBA he joined M/S Apollo Tyres Limited as
project trainee and had a long stint of 10 years with good
career growth by serving in different positions across Tamil
Nadu, Andhra Pradesh and Karnataka during 1995 to 2005.
He
then moved on to the financial services industry by joining
M/S Cholamandalam DBS Finance Limited. Here he served as
Asst. Vice President & Regional Manager - TN-1 for
Vehicle Finance business from 2005 to 2009.
Have
attended senior executive training programmes at MDI-Gurgaon
and IIM-B.
Prior
to joining Equitas, he was Assistant Vice President &
Regional Manager (Vehicle Finance)- TN-1 with Cholamandalam
DBS Finance based out of Chennai.
|
Cholamandalam
DBS Finance Limited
|
|
Milind Deshmukh
 |
Vice President & Regional Head |
B.Com, M.B.A |
14 years
Started in erstwhile Goodlass Nerolac Paints for 1 ½
years. With over 10 years of start up and corporate
experience in Consumer Durables , LPG distribution in direct
sales, channel and people management . Later moved as
Manager Cards with HDFC Bank handling Gujarat. Post HDFC
bank moved to GE Capital for CV and CE business handling
entire Maharashtra and Goa.
Prior to joining Equitas, he was Product Head for Secured
Assets Business comprising of Commercial Vehicles,
Construction Equipment, Home Equity & Small Ticket
Vehicle Loans with Development Credit Bank Ltd. Mumbai
as a Associate Vice President. |
Development Credit Bank Ltd. |
Rajagopal
S.V.
 |
Regional
Manager Andhra Pradesh
|
B.com,
MBA
|
19
years
He
started his career in Office Automation with Chowgule
Industries and after 3 years he then moved on to financial
services sector where he worked with Cholamandalam
Investment and Finance Company Limited as part of the
Vehicle Finance division and then later in Bajaj Auto
Finance Limited for 5 years as part of their Auto and
Consumer Finance division before re-joining Cholamandalam to
complete a 11-year stint.
Prior
to joining Equitas, he was Assistant Vice President &
Regional Manager (Vehicle Finance) with Cholamandalam DBS
Finance at
Hyderabad.
|
Cholamandalam
DBS Finance Limited
|
Mohanan
B
 |
Regional
Manager - Tamil Nadu-1 |
B.com,
MBA |
25
years
He
has a diversified experience in financial services. He
started his career as Officer - Accounts. Later he moved
onto to handle fixed deposits, vehicle finance as well as
receivables with various NBFCs like Sakthi Finance, Apple
Credit corporation, GMAC and Cholamandalam DBS.
Prior
to joining Equitas, he was Regional Manager (Vehicle
Finance) with Cholamandalam DBS Finance Limited for 4 years
handling Tamil Nadu-1 and Kerala.
|
Cholamandalam
DBS Finance Limited
|
|
Uday Raval
 |
Regional Manager -
Gujarat |
BE- Electronics,
MBA
|
Has over 14 years of diversified experience out of which 6 years in Retail Assets Business With DCB & Cholamandalam DBS, 5 years in Consumer Durables with SAMSUNG & Thomson and 3 years in Industrial Product Selling.
Started his career with Core Emballage Limited as Marketing Executive handling Corporate Accounts for industrial products for a period of 3 years. Then moved on to join Thomson Consumer Electronics India Limited as a Senior Sales Executive handling Central Gujarat Region for consumer durable products for over 2 years. Later, he worked with Samsung India electronics Limited as a Senior Sales Executive handling Central Gujarat Region for consumer durable products for over 3 years. Then he moved over to the financial services with Cholamandalam DBS Finance Limited as a Branch Business Manager handling Central Gujarat for commercial vehicle business for over 3
yrs.
Prior to joining Equitas, worked with Development Credit Bank Limited for the last 3 years as a Zonal Manager, Handling Western India for Retail Assets for STVL & Regional Manager Gujarat handling Commercial Vehicle Loans, Construction Equipment Loans and Mortgage Loans.
|
Development Credit Bank Limited |
|
P Selvamani
 |
Head - Legal |
M.A, MBA, M.L.
|
Has over 18 years of experience in NBFC & Banking industry. Started his career in Cholamandalam Investment and Finance Co Ltd. and handled Public Deposits - Marketing and Receivables Management in Vehicle finance for around 13 years.
Prior to joining Equitas, worked with HDFC Bank Ltd for the last 5 years as Regional Legal Manager - South for Retail Assets.
|
HDFC BANK Limited |
|
S. Shankar
 |
Head Operational Risk |
B.Com, M.Com,
I.C.W.A.(Inter) |
24 Years experience in Banking & Financial Services
domain.
Started his career with Forbes Gokak Ltd (Formerly Gokak
Patel Volkart Ltd) Textile Mill belonging to TATA Group as
Cost Officer. Then he moved to Tamilnadu Industrial
Investment Corporation Limited. (TIIC) as Officer. Later, he
worked with a nationalized bank
Bank of Baroda, at New Delhi as Officer. Subsequently, he
joined M/s. Imperial Corporate Finance & Services Pvt.
Ltd, at New Delhi, a Cat-1 Merchant Banker, as its Asst.
Vice President and was subsequently promoted as Vice
President. Later he moved to M/s. Vivek Hire Purchase &
Leasing Ltd, a NBFC belonging to Viveks group, consumer
durable retail chain, in Chennai as its Vice President.
His last assignment before joining this company was with
M/s. AIG Consumer Financial Services India Ltd, a MNC NBFC
as Head-Sales Finance and later as National Sales Manager. |
AIG Consumer Financial Services
India Ltd. |
|
S.Kannadasan
 |
GM - Finance |
B.Sc., ACA
|
16 years
Started his career as Accounts officer with M/s Transport Corporation of India Ltd., Asia's Leading Surface Transport company. Later he moved to Sugal and Damani Finlease Ltd., a Listed Company engaged in HP, Lease and deposit as Vice President Finance. Then he has moved to M/s Gati Ltd as Manager - Accounts. The last assignment before this company is with Computer Age Management Services Pvt. Ltd. where he was Heading the Accounts and Finance division of the company. He has good experience in the Field of Accounts, Finance, Income Tax, Service Tax and
FBT.
|
Computer Age Management Services Pvt. Ltd. |
Balaji
Sankaranarayanan
 |
General
Manager IT Applications
|
B.Com,
MBA, Oracle Certified Professional DBA
|
Over
10 years of comprehensive experience in software and
financial services industry, complete management of IT
Services including Project Management,
Technology & Infrastructure Building.
Started
as Analyst Programmer for 2 years, later on worked as
Officer in Charge for 1 year before moving on as Head of IT
for 5 years. The last 2 years he was involved in setting up
a start-up IT company.
|
United
Finance Company SAOG - Oman |
|
Anand
Sharma

|
GM IT Projects |
Post Graduate in Computer Science, from Banaras Hindu
University
|
15 years
Started his career in Development Consultants Limited
(August 1995), as Trainee Systems Analyst and moved up to Manager Projects,
handling multiple projects in Banking & Financial Industries. Involved in
Complete Life Cycle of Branch Automation Software for a Chennai based Private
Sector Bank, and computerized the entire banking operations both at branches
& Head Office. Joined Bharat Overseas Bank Limited, Chennai in May 2003 as
Senior Manager IT and moved up to AGM IT (Head of Information
Technology) in June 2006. During his tenor in Bharat Overseas Bank Limited, he
was responsible for migrating existing Branch Automation System to Core Banking
Solution (FlexCube) and implementing other delivery channels like ATM , Phone
Banking etc & setting up Disaster Recovery Center. As directed by Finance
Ministry of India, Bharat Overseas Bank Ltd, was Merged to Indian Overseas Bank
on 1st April 2007
. Mr. Anand Sharma was the Project Lead (joint team
of Bharat Overseas Bank Limited & IOB) for data migration (from FLEXCUBE to
CROWN In-house developed core banking solution of IOB). It was a highly
successful migration because of which all the Bharat Overseas Bank customers
where able to operate their accounts using CROWN from 3rd April 2007
. He was with Indian Overseas Bank till December
2008 and then Joined Equitas Microfinance on 3rd January 2009.
|
Indian Overseas Bank |
< Top >
|
|