Profile of Board of Directors
Mr. Mohan, Former Executive Director of Small Industries Development Bank of India (SIDBI),Lucknow, was closely involved in setting up of SIDBI Foundation for Micro Credit (SFMC) as an apex financing & development micro-finance entity in 1998. He took the lead in setting up the development department in Industrial Development Bank of India (IDBI) during 1980-1990 and worked as Manager and Officer on Special Duty in IDBI. Before joining IDBI he was member of Indian Statistical Service & held the position of Deputy Director in Planning Commission (1976-80) & Assistant Director (1970-76) in Department of Statistics.He did his Masters in Mathematics from Punjab University & post graduate degree in statistics from Indian Statistical Institute/Institute of Agricultural Research Statistics.
He is presently the Chairman of Ananya finance for Inclusive Growth Ltd.- a wholesaler lender to microfinance institutions and chairman of ACCESS Holding Ventures India Ltd, a knowledge platform. He is a Director on the Board of Micro Rating International Ltd. and MSME Foundation and was the founding chairman of ACCESS Development Services as well as MicroSave India till recently. He is now the mentor & director on the Board of Sa-Dhan. Mr.Mohan is credited with building the microfinance movement in India starting 1994. He is associated with RGVN since July 2008
Ms. Kalita is a Rural Development Banker with 30 years of working experience in the banking sector with 20 years from LDR Regional Rural Bank and 10 years heading the Microfinance programme of RGVN. She was instrumental in turning the loss making LDR Bank, Diphu Branch into a profit centre; Bringing down the NPA from 13% to 3% within a period 4 years. Joining RGVN Society to head its microfinance programme in 2004, she was instrumental in turning around the RGVN CSP operations by reducing its Portfolio at Risk (>60days) from 23% to 0.56%. Expansion of the outreach of the RGVN CSP into many parts of the North East and the consistent growth in business under her leadership enabled transformation of the programme into an NBFC. She has been working for empowerment of the under privileged women in rural and urban sector through financial intermediation by persistently encouraging them to build up their confidence and to emerge as successful entrepreneurs. She has been heading RGVN(NE)MFL since its inception.
Mr. Joshi is an independent development consultant and part-time CEO of a Charitable Trust; is the co-founder of PRADAN, a large national NGO, where he worked as Executive Director, Director of HR and Director of Finance for over two decades until his retirement in 2007; as a Program Officer in the Ford Foundation in Delhi; as a Senior Systems Analyst in Systems Research Institute in Pune; and as Lecturer of Mechanical Engineering at MNNIT Allahabad. He was educated at MNNIT Allahabad, the School of Engineering at MIT and the Sloan School of Management, MIT. Mr. Joshi is the Chairman of the Institute of Rural Management Anand, the National Foundation for India and the Rajiv Gandhi National Institute for Youth Development, and serves on the boards of IIMK ashipur and several development NGOs. Mr. Joshi was conferred the Ramon Magsaysay Award in 2009 and the Padma Shree in 2010.
Mr. Joshi has had extensive experience of SHGs and was associated with the SHG-Bank Linkage Program in the course of his work in PRADAN. He is one of the Promoter Directors of BhartiyaSamruddhi Investments and Consulting Services Limited (BASICS), has served as a director of Microfinance NBFCs and as chairman of a Local Area Bank. Mr. Joshi has had over 30 years’ experience of rural development, especially rural livelihood promotion.
Mr. Srinivasan has 36 years of experience in banking, development finance, livelihoods and rural development. He was part of NABARD – apex rural development Bank in India in 2007 for a career spanning about 30 years. He has been involved in significant initiatives in NABARD relating to institutional development, rural credit planning and development projects. He is currently active as an expert adviser and international consultant for different principals including World Bank, ADB, AFDB, CGAP, IFAD, GIZ, KFW, Gates Foundation, Micro Save, etc. He provides consulting services on a range of development finance and livelihoods initiatives in India and abroad. He had authored the well-known publication on microfinance – “State of the Sector Report on Microfinance” in India for four years from 2008-2011 which was used extensively by GoI and Reserve Bank of India (Malegam Committee).
He has also Authored “The India Diagnostic report on customer protection in branchless banking in India” – for CGAP (World Bank). He has jointly authored books and contributed to edited volumes in development finance and development economics. He is a board director of “Microfinance Transparency”, director on boards of companies and trusts that focus on rural finance and development themes. He also serves on several industry forums on the themes of financial inclusion, microfinance and responsible finance. He is Involved in rural development and financial inclusion projects of IFAD and World Bank in Meghalaya State and is the Chairman of the NEFIT
(North Eastern Financial Inclusion Trust).
Dr. Amiya K. Sharma is presently the Executive Director of RashtriyaGraminVikas Nidhi (RGVN) Society, Guwahati. An alumnus of Delhi School of Economics, Dr Sharma holds a Ph.D. in economics from the Rutgers University. He has taught in various Universities like Tezpur University, Rutgers University, University of Delhi and also served in the Indian Statistical Institute, New Delhi. Dr. Sharma is actively involved in various activities related to the voluntary sector and has assisted in development of many NGOs in the region. He was formerly the Co- Chairman of Sa-Dhan (the Association of Community Development Finance Institutions. He has been associated with RGVN since September 2008
Mr. Singh has 24 years of experience in the field of Development Banking, Promotion and Financing of MSMEs, Microfinance, Financial Structuring and Investment Banking, he is the Executive Director-Investments and Partnerships in DiaVikas Capital Pvt. Ltd., a subsidiary of Opportunity International Australia. Dia is the leading social investor in India. He has also worked for over 16 years in various senior managerial capacities in the SIDBI. He was part of the core team that initiated SIDBI’s micro finance project, christened as SIDBI Foundation for Micro Credit (SFMC). Mr. Singh holds a PGD in Information Management and Systems Administration; a Master’s Degree in Social Work and is a British Chevening Scholar of Banking and Finance from London School of Economics. He is also an associate of the Indian Institute of Bankers and is also an alumnus of Indian School of Business. He has been associated with RGVN(NE)MFL since February 2012
Shri Ugen Tashi (B.Tech, MBA), General Manager, IDBI Bank, is heading the Retail Banking Group for North East Region – I. He has been with IDBI Bank for over 17 years and has exposure in different areas viz. Retail Banking, Priority Sector Lending, Corporate Finance, Venture Capital, International Banking etc. He was previously on the Board of North Eastern Development Finance Corporation Limited (NEDFi) and Sikkim Industrial Development & Investment Corporation Limited (SIDICO).
Mr Baruah is presently the General Manager & Company Secretary of North Eastern Development Finance Corporation Ltd. He has been nominated by NEDFi as Director from July 2011. He looks after Corporate Affairs, Human Resource, Administration, Finance at NEDFi. He is a qualified Company Secretary and represents NEDFi in most of the NBFC-MFIs operating in North East Region. He has been associated with RGVN since July 2011.
Mr. Andrewes has worked for the past five years at NMI AS. NMI AS is an asset management firm that seeks to balance financial and social returns through investments in financial institutions serving the underprivileged. As an Investment Director, he has the overall responsibility for developing and managing the funds, the funds’ investments, including implementing the investment strategy. He is currently responsible for NMI Global Fund and NMI Fund III, which invests in financial institutions in Asia, Africa, and Latin America. Mr. Andrewes’ duties include (I)sourcing and identifying investment opportunities and performing due diligence and deal analysis; (ii) closing investments including deal negotiation and execution of investment contracts and other legal agreements; (iii) liquidity management and capital planning; and (iv) responsibility for governance issues, including board and committee representation where appropriate.
Prior to joining NMI, he was an Equity Research Analyst at U.S.-based Lazard Capital Markets. Before Lazard, he was an Equity Research Analyst at U.S.-based Janney Montgomery Scott, LLC. He received an MBA in Finance from Kelley School of Business at Indiana University, and a B.A. in Economics from Hope College. He is associated with RGVN since July 2014.
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