MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER (MD & CEO)
Mr. Govind Singh is the founder of Utkarsh Coreinvest Ltd. (Erstwhile Utkarsh Micro Finance Ltd.), the promoter institution of Utkarsh Small Finance Bank Limited. Currently, Mr. Govind Singh is the MD & CEO of Utkarsh Small Finance Bank Limited (USFBL). He has vast experience of over 3 decades in different domains of banking & financial services.
His mission to establish a reliable, scalable and sustainable institution for providing affordable & accessible financial services facilitating socioeconomic change resulted in setting up ’Utkarsh Micro Finance Limited’ in September 2009. In November 2016, Reserve Bank of India (RBI) granted licence to Utkarsh for setting up a Small Finance Bank.
Mr. Govind Singh also served as member of the Working Group to review the Business Correspondent (BC) Model in India. The committee was setup by RBI to examine the ways of improving BC Model.
Prior to setting up Utkarsh, he was with ICICI Bank Ltd. in Rural, Micro & Agri-Business Group as the Business Head for Micro Banking. He also worked in Retail Liabilities Group with ICICI Bank. During this ICICI Bank stint, he got extensive exposure in Microfinance, Business Correspondent, Jewel Loans, Liabilities, Infra and Channel Management, Branch Licencing and various products & processes of related functions.
Earlier to ICICI Bank, he had worked with UTI Bank Ltd. (Axis Bank), wherein he was responsible for budgeting and control, new products development, developing business strategies, maintaining agency arrangements with banks, planning of Branch expansion & launching the Cash Management Services for the Bank.
With Bank Internasional Indonesia, he was entrusted mainly with the task of boosting the sale of assets & liabilities products. He also had a stint with Surya Roshni Group (Financial Services) as a Branch Head, setting up the Mumbai Branch & started its operations, along with Fixed Deposits mobilization and Stock Exchange Operations.
At the beginning of his career, he had also stints with Allahabad Bank and State Bank of Patiala, wherein he got hands on experience in various general banking functions as well as liabilities and assets for Commercial and Institutional segments.
He is a Certified Associate of Indian Institute of Bankers (CAIIB) and a Commerce Graduate from Delhi University.
Mr. ADHIP SYAMROY
CHIEF OPERATING OFFICER
He has more over 25 years of experience in Banking and Financial sector. Prior to joining Utkarsh, he worked with Axis Bank for nearly 21 years and held senior leadership roles in Customer Service, Operations, Corporate Real Estate and Employee Experience including HR Operations. He has also worked with SBI Home Finance Ltd. handling housing loans to individuals and real estate developers. He is an engineer from the Indian Institute of Engineering, Science and Technology, Shibpur (erstwhile Bengal Engineering & Science University).
Mr. ALOK PATHAK
CHIEF RISK OFFICER
He has over 20 years of banking experience in the domain of Risk Management, Retail lending, Corporate Lending, Liabilities, Forex and Treasury area. Prior to joining Utkarsh he was with Yes Bank Ltd. as Executive Vice President and in various capacities with Axis Bank handling various roles at Risk Department including Governance Risk & Compliance (GRC) framework implementation. He has also worked at State Bank of Mysore for more than 9 years wherein he has worked as a Dealer for more than 4 years and 5 years in the area of Credit & Forex. He is a Science Graduate from Kanpur University, PGDCA, CAIIB and he is also a Certified Banking Compliance (IIBF & ICSI) and Certified Risk Management professional.
Mr. MUKUND BARSAGADE
CHIEF FINANCIAL OFFICER
He has an overall experience of 24 years in Financial Management. His last assignment was with FINO Payments Bank as Chief Financial Officer. Prior to that, he had worked with multinationals like India Factoring (a subsidiary of FIM Bank, Malta), Experian India, GE Capital and Transamercia Apple in various roles. He is a Chartered Accountant (ICAI) and Commerce Graduate from Nagpur University, Maharashtra. He has also done Diploma in IFRS (DipIFRS ) from ACCA, UK.
Mr. SHASHI KANT SINGH
CHIEF OF INTERNAL VIGILANCE
He has more than 34 years of rich experience in banking while working with State Bank of India, with over a decade in Senior Management Grade handling various assignments including in Reconciliation, Inspection & Management Audit Departments. He has worked in different setups like large size Branches, Local Head Office, Administrative Offices, Regional Business Offices, Training Centers, CPCs., Lead Bank Offices and have also done audited of Lead Bank Offices, CPCs and other big branches of different banks in Bihar, Jharkhand, Madhya Pradesh, Karnataka, Andhra Pradesh, Telangana, Assam, Manipur, Tripura States including Foreign Country Branches. He has also worked with International Banking Division and Overseas Branch, Varanasi and handled Forex Business including Forex Sales/Purchases, in charge (Imports & Exports), Import Letters of Credit, International Bank Guarantees and payment of Import Bills received under Foreign Letter of Credits and Bills on Collection basis. He is a Graduate from Gorakhpur University and CAIIB (IIBF).
Mr. VENKAT KRISHNAN
CHIEF TECHNOLOGY OFFICER
He has about 21 years of experience in Information Technology domain with focus on Banking, Finance and Insurance, specializing in large scale transformational projects, including setting up of banks, complex core banking migrations and change management. Prior to Utkarsh, he has held Senior Leadership Roles with Yes Bank as CTO, HSBC India as Head Enterprise Architecture, Dhanlaxmi Bank as Head IT, Edelweiss Tokio Life Insurance as CTO, Al Ahli Bank of Kuwait as Head, Technology Risk and Information Security. He has won recognition like Computer Society of India Award 2011 Winner for Excellence in Banking Technology, InfoSec Maestro's Award 2014 and EDGE Award winner for Technology Transformation in the BFSI segment. He is MCA from Government College of Engineering, Karad and B. Sc. from SIES College (Bombay University).
HEAD - WHOLESALE BANKING
He has over 23 years of rich experience in BFSI domain. He has worked extensively in Retail & SME Banking across liabilities, working capital finance, trade finance and commercial banking. He worked with FMCG majors like Hindustan Unilever Ltd & Godfrey Philips (I) Ltd. prior to his banking stint across verticals with ICICI Bank, DCB Bank and IDFC Bank Ltd. He holds a Bachelor's degree from College of Vocational Studies – Delhi University.
TRILOK NATH SHUKLA
Head - Micro Banking
He heads the Micro Banking Business of the Bank, has an experience of over two decades in Microfinance Sector especially in the northern part of the country. He has been one of the founding member of Utkarsh Micro Finance, wherein he had setup the microfinance vertical. Prior to Utkarsh, he was with Cashpor since September 1997 and as his last assignment, was the General Manager-HRD there and was part of head office operations team. At Cashpor, he had handled almost all management functions of MFI in lead role. He attended several training programs in and outside India, including visit to Grameen Bank, ASA, BRAC in Bangladesh, MFI Program held at Torino Italy conducted by Boulder University, Colarado, USA and different MDPs at IIM Ahmedabad, Bangalore & Lucknow. He also attended several conferences/seminars as panellist organized by BIRD/UPMA based at Lucknow. As part of his training, he got exposure to different MFIs in southeast Asia. He is a Postgraduate from Purvanchal University, UP and holds Advance Diploma in Rural Technology Development and Management from IERT Allahabad.
Mr. G SRINIVASA REDDY
Head - Treasury
He has over 32 years of banking experience and for the past 25 years he has been with Treasury. Prior to joining Utkarsh Small Finance Bank in 2016, he was with Kotak Mahindra Bank Ltd as Senior Vice-President, Treasury Operations having handled foreign exchange, domestic and derivative operations. He joined the Bank project of Kotak Mahindra in 2002 when it got banking licence and was a part of initial team that set up Treasury at the Kotak Mahindra Bank. Before his stint with Kotak Mahindra Bank Ltd, he was with ICICI Bank Ltd handling Treasury Forex operations. He was deputed to help set up forex settlement operations at Clearing Corporation of India Ltd. He began his career as a probationary officer in Corporation Bank initially in general banking and subsequently in back and front offices of domestic treasury.He is an M. Sc. (Bio Sciences) from Nizam College, Hyderabad with a Post Graduate Diploma in Advanced Bank Management from NMIMS, Mumbai
Mr. Rahul Sinha
HEAD - RETAIL ASSETS
He has over 21 years of experience in Banking and Financial Services spreading across Retail Assets, Liabilities, Branch Banking and Trade Services. Prior to joining Utkarsh he was heading the Rural MSME vertical for Bajaj Finance Ltd. He has worked in Tata Motors, ICICI Bank, Reliance Capital and Bajaj Finance Ltd. He is graduate from Delhi University and MBA from NMIMS, Mumbai.
HEAD - OPERATIONAL RISK & CHIEF INFORMATION SECURITY OFFICER (CISO)
He has over 30 years of banking experience. He joined as a Probationary Officer in State Bank of India and handled assignments in General Banking, Foreign Exchange, Commercial Banking and Information Technology. He has also worked with Axis Bank wherein his responsibilities included Operational Risk Management, Branch Connectivity Project and Information Security. Prior to joining SBI, he was a Management Trainee in Punjab National Bank. He is a Mathematics Graduate from Osmania University. He is also a CAIIB, PGDIM, FRM, CISA, CISM, CRISC, DCPP and DCPLA.
Mr. Sachin Shamkant Patange
Chief Compliance Officer
He has over 29 years of experience in the domain of RBI Regulations, Regulatory Compliance, Anti Money Laundering, Banking Operations and IT Systems implementation. Prior to joining Utkarsh, he had worked with DCB Bank Limited and Australia & New Zealand Banking Group Limited as Chief Compliance Officer and Head of Compliance – India, respectively. Before that he was with Reserve Bank of India, wherein his last designation was Deputy General Manager. He is a Commerce Graduate from University of Mumbai, CAIIB from Indian Institute of Banking and Finance (IIBF), Mumbai and MBA from Symbiosis Institute of Business Management (SIBM), Pune.
Mr. Dibakar Dasgupta
Head – Liabilities
He has over 22 years of experience in the in the area of Business Development & Distribution, Customer Care and Client Engagement, Operational Process Improvement and Risk Mitigation, People Development and Wealth Management. Prior to joining Utkarsh he has worked with Suryoday Small Finance Bank as Head – Branch Banking & Marketing. He had also stints with Indusind Bank, Kotak Securities, Centurian Bank of Punjab and ABN Amro Bank N.V. He is Economics graduate from Osmania University and also holds Diploma in Hotel Management from Institute of Hotel Management.
Mr. Rahul Dey
Head Internal Audit
He has over 16 years of experience in Banking and Microfinance sector. During his tenure in Utkarsh Micro Finance, he has supervised various departments like Micro Enterprise Loan, Information Technology, Risk, Administration and Internal Audit. He was instrumental in establishing Micro Enterprise Loan business and introduction of Mobile Technology in Group Lending (JLG) business at Utkarsh and played a key role during transition of Utkarsh Micro Finance Ltd to Utkarsh Small Finance Bank in 2017. Prior to joining Utkarsh, he was with Ujjivan Financial Services Pvt. Ltd as Regional Business Manager, responsible for their Individual lending business in East. Apart from this, he has worked in various capacities with organizations like, Ballarpur Industries Ltd, ICICI Bank Ltd, Spandana Spoorthy Financial Ltd and Anjali Microfinance Pvt. Ltd. While working with ICICI Bank in the capacity of Regional Manager (West Bengal and North – East), he was responsible for the Bank's Micro Finance business in the region for more than 3 years and as Accounts Manager – Commercial Banking, he was taking care of Bank's Corporate Clients' relationship in Kolkata. He holds Post Graduate Diploma in Rural Management from Xavier Institute of Management, Bhubaneswar.
Mr.Birendra Kumar Sahu
Head – Corporate Center
He has an overall experience of 28 years in various functions of Banking and Financial services, with track record of managing Marketing, Business, Operations & Technology. His last assignment was with IDFC First Bank. Prior to that, he had worked with HDFC Bank, GE Consumer Finance/GE Money and EICHER Ltd. among others. He has done a PGDM (Post Graduate Diploma in Management) from Indian Institute of Management, Lucknow and Bachelor of Engineering (Mechanical) from G.E.C. Jabalpur.
Ms.Nutan Anand Rane
She has more than 24 years’ experience in Banking and Finance sector. Her last assignment was with SBI Capital Markets Limited an Investment Banking arm of State Bank of India in Legal and Compliance team. She has handled varied roles for SBI Capital Markets Ltd. and its 5 Wholly Owned Subsidiaries into areas like Company Secretarial, Regulatory Compliances, Corporate Compliances, Legal and Risk Management areas. She is commerce graduate from Narsee Monjee College of Commerce and Economics and a qualified Company Secretary from ICSI and has done Chartered Financial Analyst (CFA) from ICFAI University, Executive Master of Business Administration (EMBA) from IIBMTR.
Mr. Hitain Sharma
Chief Human Resources Officer (CHRO)
He has over 18 years of experience in the HR function at FMCG & Banking and Financial services organizations, with a track record of building robust leadership pipeline, strengthening managerial capabilities, creating a performance oriented, meritocratic and caring culture and strengthening employee engagement within the organization with a well-articulated Employee Value Proposition. His last assignment prior to joining Utkarsh was with Aditya Birla Capital Limited. He also has had stints with Kotak Mahindra Bank Limited, Tata AIG General Insurance, Balsara Healthcare and Shaw Wallace & Company Limited. He holds his MBA (Master of Business Administration) from SIBM, Pune.