Ittira Davis

Managing Director and CEO

Qualification: He is a graduate from the Indian Institute of Management, Ahmedabad (1976).

He is an international banker with over 36 years of corporate and investment banking experience and has worked extensively in the Middle East and Europe. During his stint in Europe, he was with the Arab Bank from July 2008 to October 2012, initially as the managing director – Corporate and Institutional Banking and then as an Executive Director of the Europe Arab Bank. He has previously worked with Citibank in India, the Arab Bank Group in the Middle East and Europe, and has been the Chief Operating Officer of Ujjivan SFB (the wholly owned subsidiary of the company) until June 30, 2018.

Carol Kripanayana Furtado

Chief Business Officer

Qualification: She is a postgraduate from Mount Carmel Institute of Management, Bangalore, and has been part of strategic leadership programs conducted by Indian Institute of Management, Ahmedabad and Harvard Business School, Boston.

She comes with 26+ years of banking experience in the domain of Retail Banking and NBFCs, with expertise in leading business, banking operations, credit and people functions. Carol is a key member of the leadership team that laid the foundation and built Ujjivan SFB. She was instrumental in Ujjivan SFB getting recognition as a certified ‘Great Place to Work’. She has previously worked with the ANZ Group, Bank Muscat and Centurion Bank Ltd. In 2009, Carol was the recipient of the Financial Women’s Association award by Women’s World Banking in recognition of her demonstrated professional commitment.

Martin Pampilly S

Chief Operating Officer

Qualification: He has a graduate degree in Computer Science and completed his Strategic Leadership Development programme from Harvard University.

He comes with over 25 years of experience covering Retail Banking operations, Retail Asset and Micro-finance Operations, with expertise in set-up and implementation of new processes. More importantly, he’s known for leveraging technology for operations innovation to create delightful customer experiences. After early stints with ANZ Grindlays Bank and Bank Muscat, he worked extensively in the space of Operations and Customer Service at the Centurion Bank of Punjab and Centillion Solutions and Services. He joined Ujjivan SFB in 2009 as the Regional Operations Manager, before taking charge as the Head of Operations, a post he held till January 2017. Subsequently, he was appointed as the Head of Operations of Ujjivan SFB in February 2017, where he channelled his vast experience into setting up the operations vertical for the bank.

M.D. Ramesh Murthy

Chief Financial Officer

Qualification: He is a Chartered Accountant and also an alumnus of the Harvard Business School, Boston, USA having completed their General Management Program.

Ramesh Murthy comes on-board with 30 years of experience in Business, Risk Management and Finance in the Middle East and India. His prior roles include Managing Director and Head – Project & Structured Finance Division, Corporate & Investment Banking Group; Senior Vice President & Head – Credit Analysis & Portfolio Management, Senior Vice President & Head - Corporate Restructuring Division; Senior Vice President – Risk Management and Head of Wholesale Risk – in Mashreqbank, Dubai and Commercial Bank International, Dubai. He started his banking career with ANZ Grindlays Bank, India in their Merchant Banking Division.

He was the Chief Financial Officer of Karur Vysya Bank (November 2020 to February 2022) and their Chief Risk Officer (April 2018 – November 2020).

Brajesh Joseph Cherian

Chief Compliance Officer

Qualification: Bachelor’s degree in Pharmacy from Dr MGR Medical University and a Master’s degree in Business Administration from Sikkim Manipal University. He is a Certified Associate of the Indian Institute of Bankers.

Brajesh Joseph Cherian is a banking and financial services professional with over 20 years of experience in compliance, operational risk, corporate banking, retail banking and treasury. Starting his career with the South Indian Bank. Later, he worked with Axis Bank in India and UAE where he handled various roles including serving as the Deputy CEO for Dubai Operations. Before joining Ujjivan SFB in 2016, his last assignment was as the Vice President - Compliance and Risk with Axis Bank, Mumbai.

Arunava Banerjee

Chief Risk Officer

Qualification:Master’s degree in Arts (Economics) from Calcutta University and is an associate of the Indian Institute of Bankers.

Arunava Banerjee joined the Bank on February 1, 2017. He has previously worked with the State Bank of India, Standard Chartered Bank and Bahraini Saudi Bank. He was also the previous Chief Financial Officer of Remza Investment Company WLL.

Parmeet Singh Daljeet Singh Grover

Chief Vigilance Officer

Qualification: : He has completed his Master of Management Science, Master of Commerce, Diploma in Business Management, Advance Diploma of Computer Hardware and LAN Engineering. He is a Certified Fraud Examiner (CFE) from ACFE, Austin.

In his last role, he was working with YES Bank, as Group Executive Vice President - FCU involved in Fraud Control & Portfolio Management / Analysis – Seeding, Process Review, Root Cause Analysis. He has over 24 years of work experience in the areas of banking. Prior to working with YES Bank, he was associated with ICICI Bank Ltd, where he served as the National Head – Acquisition Risk, Financial Crime Prevention and Reputation Risk Management and was involved in handling acquisition risk for retail assets and liability portfolio.

Ashish Goel

Chief Credit Officer

Qualification: Bachelor of Technology degree in Mechanical Engineering from Regional Engineering College, Kurukshetra and is a post graduate in Marketing & Finance from Xavier Institute of Management, Bhubaneswar.

Ashish Goel was previously employed at Godrej & Boyce, Marico Industries and ICICI Bank. He joined Ujjivan SFB as Chief Credit Officer in February 2021.

Ashwin Khorana

Chief Information Officer

Qualification: He holds a certification in Advanced Management Programme from the Indian Institute of Management (Bangalore) and he holds diploma in Systems Management and Industrial Electronics.

He has been a Technology Banker for 29 years, with stints in Standard Chartered Bank, Bank Dhofar, ING Vysya Bank & Jana Small Finance Bank, covering technology management and delivery across Retail, Wholesale and Digital Initiatives. He has been through a variety of Leadership Roles with the last one being Chief Information Officer with Jana Small Finance Bank. Prior to Ujjivan SFB, for 12 months he has been part of the advisory board of an IT company and active in the start-up ecosystem as an advisor, mentor and investor. In his words, he enjoys the challenges of finding simple solutions to complex problems and orchestrating situations to use technology and solve business problems.

Sanjeev Barnwal*

Company Secretary & Head of Regulatory Framework

Qualification: A qualified company secretary from the Institute of Company Secretaries of India and holds a bachelor's degree in Law and a diploma in Business Management. He also received NSE’s Certification in Financial Markets (NCFM) for Compliance Officer (Corporate) Module.

He has a corporate experience of over 18 years and his last employment was with Ujjivan Financial Services Limited where he was last designated as the CEO & Company Secretary and played a significant role in the IPO & listing and subsequently in the restructuring, incorporation and formation of Ujjivan Small Finance Bank. He has also previously worked with companies like SMC Capitals Limited, CMC Ltd. and SBEC Sugar Ltd.

*He was appointed as the Head of Regulatory Framework on February 15, 2022 and was designated as Company Secretary and Compliance Officer w.e.f. April 05, 2022.

Chandralekha Chaudhuri

Head of Human Resources

Qualification: She holds a Law degree from Symbiosis School of Law and PG certificate in Human Resources from XLRI, Jamshedpur.

She joined Ujjivan SFB in April, 2008 as part of the organization’s first batch of management trainees. She has been instrumental in setting up and handling various positions across the organisation. She was responsible for setting up of the Credit function in the Eastern region for the organisation. She then worked in the Western region in the Credit Microbanking team as the Regional Credit Manager before moving on as the Regional HR Manager for the same region. Since then, she has managed the role of National Manager for Talent acquisition and Integration in HR.

Premkumar Govindappa

Head (Admin, Infrastructure and Social Services)

Qualification: He is a Commerce graduate and a Member of IFMA (International Facility Management Association).

He has over 25 years of experience spread over varied fields from law, clinical research and banking. He has held senior administration positions at One World Hospital and M/S Paul D’Souza & Associates, a leading law firm. He joined Ujjivan SFB in 2006, led the administration department. He was instrumental in building the Vigilance department, and led with a focus on preventive vigilance. Parallelly, he also set up the Legal unit and managed an active Collections team. He briefly served as the Head of Human Resources during Ujjivan SFB transition from an NBFC to a SFB. Prem played a vital role during the transitionary phase as Head of Administration and Infrastructure. He continues to head this function along with the Social Services department which is responsible for Corporate Social Responsibilities of the Bank.

Rajeev Padmanabh Pawar

Head of Treasury

Qualification: MBA from the Jamnalal Bajaj Institute of Management Studies, Mumbai and a Physics Major from the University of Mumbai.

Rajeev Pawar joined as the Head of Treasury on January 20, 2020. He has previously worked with American Express Bank, Standard Chartered Bank, Kotak Mahindra Bank and Edelweiss Finance in India, Singapore and Dubai.

Sriram Srinivasan

Head of Digital Banking

Qualification: He has an MBA (PGDM) from the Indian Institute of Management, Bangalore and a BE (Hons) in Electrical and Electronics Engineering from BITS, Pilani. He is also certified in Scaled Agile, Machine Learning and Tensorflow.

He has over 22 years of experience in banking industry. He was associated with Citibank for over 18 years in regional and global digital roles and has worked in various regions like Japan, Singapore & Vietnam. He has also worked with Standard Chartered Bank as Global Head, Digital Servicing and HSBC as regional Head of Digital Channels and Platform Operations. He joined Ujjivan SFB from Digital14, a UAE based Cyber Security and Digital Transformation company. He was Vice President – Market Service Center Head and built up the financial services industry segment there. He also has a track record of building & leading crosscultural, cross functional teams of talented global professionals.

Sathyananda Prabhu

Head of Internal Audit

Qualification: He has done his Master’s in Banking and Finance and is a LLB, CAIIB, CISA,CISM,CEH and CGEIT.

He has over four decades of experience across Branch banking, Operations, Internal Audit, Risk Management, Information Technology, Compliance, Credit Management and FOREX Operations. Prior to joining Ujjivan, Mr Prabhu was with Equitas Small Finance Bank, where he was the Executive Vice President, spearheading the Internal Audit, Fraud Risk management and Vigilance Functions. His role also involved guiding other functions through audits and deliberations in numerous executive committees. During his eight-year stint at Lakshmi Vilas Bank, Mr. Prabhu played a vital role in carrying out branch, management, credit, thematic and forensic audits. Prior to this , he was with Canara bank for 23 years handing various functions. He has also served as BOG and President of Institute of Internal Auditors (IIA) Madras chapter.

Lakshman Velayutham

Chief Marketing Officer

Qualification: : He is a postgraduate in Management from IMDR, Pune.

He has over 26 years of experience with the last 13 years in the banking industry. He has been counted among the Top 90 Marketing professionals by StartupLanes in June’22. His contribution at Ujjivan earned the brand a Gold Lion at the Cannes International Festival of Creativity in the Creative Commerce category in June’22.

He has earlier held various marketing roles across Banking, Retail, Telecom and Logistics. He was with ICICI Bank for over a decade where he led the marketing strategy and communication for Liabilities, Insurance, NRI, Wealth, Rural, and Salary Corporate. His earlier stints were at Tata Communications, Shoppers Stop, DHL, Arvind Brands and BPL Mobile where he has been instrumental in driving customer acquisition and retention based loyalty programmes.

Vibhas Chandra

Business Head - Microbanking

Qualification: He is an MBA graduate (PGDM-RM) from Xavier Institute of Management Bhubaneswar (XIMB).

He is an experienced hand in Ujjivan with a career spanning 14 years in multiple roles and managing various geographies. Joining as part of Ujjivan’s first Management Trainee batch, Vibhas was entrusted with responsibilities to launch Ujjivan’s micro-finance footprint in multiple states in its initial years. He was later hand-picked to establish their individual lending program, where he successfully built up a sizable portfolio. He led Ujjivan’s East region and played a key role in Ujjivan’s transition to a Small Finance Bank. Before being appointed as the Business Head of Micro-banking, he was leading the Asset Products for Micro-banking and Rural Banking.

Sumit Thomas

Head of Branch Banking, TASC and TPP

Qualification: He is a Post Graduate in Marketing from Symbiosis Institute of Management Studies, Pune and has done his graduation in Hotel Management from IHM Hyderabad.

He holds 15+ years of experience and his expertise lies in retail branch banking, wealth management and liability products. He has been associated with HDFC Bank and ING Vysya Bank (Now Kotak) in the past, managing various roles starting from being a personal banker to handling various leadership roles at the branch and regional levels. He has been with Ujjivan since Dec 2016 where he started as a Regional Sales Manager for building liabilities business for Delhi, Haryana and Punjab. Later he was promoted as Regional Business Manager and was leading entire branch banking for North by establishing 116 branches. His next role involved heading the Liabilities product at Corporate Office and from Feb 2022 onwards he took up the responsibility of Heading the Branch Banking, TASC and TPP business.

Ashim Sarkar

Business Head – Micro and Small Enterprise

Qualification: : MBA (General Management) from Indian Institute of Management, Ahmedabad, B.Tech (Manufacturing Engineering) from Indian Institute of Technology, Kharagpur.

He joined Ujjivan in 2018 as National Product Manager – MSE. He has been instrumental in establishing the vertical from its initial phase and was subsequently elevated to Business Leadership role. During his tenure, Ujjivan’s offerings to MSEs expanded beyond Term Loans and this helped cement a strong working capital franchise through internal channels & strategic alliances with reputed fintech partners.

Prior to joining Ujjivan, he had a 5+ years tenure with Kotak Mahindra Bank working with the MSME Product function. He also was a key member of the strategic integration team created for the merger between KMB and ING Vysya Bank in 2014-15.

Pradeep B

Business Head – Housing Loans

Qualification: : He holds a PG degree in Social work from SDM college & Degree from Mangalore University. He has completed Diploma in Microfinance from Indian institute of Finance & Banking.

He joined Ujjivan in June 2006, has held multiple roles in Microfinance, Individual Lending, Rural Banking and Affordable Housing. He was instrumental in setting up Individual lending Business in South & Housing business in the South & West. In 2021, he was designated as Business Head – Rural Banking and MLAP and was instrumental in turning around the Business positively.

He was designated as Business Head –Housing Loans in February 2022.

Parag Srivastava

Head of Financial Institutions &
Government Banking Group

Qualification: He has done MBA with specialization in Marketing & Finance from MONIRBA (Motilal Nehru Institute of Research & Business Administration), University of Allahabad.

He has 29 years of rich experience in segments of Banking and Financial Institutions verticals including roles involving Clearing & Settlement, Custody, Depository and Exchanges functions across different organizations.

He has managed various roles including managing business vertical profitably, as well as other aspects like product development, portfolio quality and risk management. Prior to this, he has had a 11 year stint with Kotak Mahindra Bank where his last position was Senior Vice President and National Manager. His role in spearheading Capital Market and NBFC business segments of Banking and Financial Institutions Group, saw him establish strong business relationships in the industry. In his role as Associate Vice President at MCX Ltd, he was heading business development for Maharashtra, UP and Bihar. He has also worked with SHCIL (Stock Holding Corporation of India Ltd) for 12 years in various roles including managing business development and product development designed for Capital Market Intermediaries.