MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER (MD & CEO)
Mr. Govind Singh is the founder of Utkarsh Coreinvest Ltd. (Erstwhile Utkarsh Micro Finance Ltd.), the promoting 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. Today Utkarsh Small Finance Bank Limited' is operating as a Scheduled Commercial 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 International 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.Birendra Kumar Sahu
Head – Corporate Center
Mr. Birendra Kumar Sahu has an experience of over 29 years in various functions of Banking and Financial services, such as Marketing, Business, Operations & Technology. His last assignment was with IDFC First Bank, prior to which he worked with HDFC Bank, GE Consumer Finance/GE Money and Eicher Ltd. He has done his PGDM (Post Graduate Diploma in Management) from Indian Institute of Management, Lucknow and Bachelor of Engineering (Mechanical) from G.E.C. Jabalpur.
Mr. MUKUND BARSAGADE
CHIEF FINANCIAL OFFICER
He has an overall experience of 25+ years in Financial Management. His last assignment was with FINO Payments Bank as Chief Financial Officer. Prior to that, he worked with multinationals like India Factoring (a subsidiary of FIM Bank, Malta), Experian, 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. 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. 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.
Mr. Alok Pathak
CHIEF RISK OFFICER
Mr. Alok Pathak has over 21 years of banking experience in Risk Management, Retail lending, Corporate Lending, Liabilities, Forex and Treasury area. Prior to joining the Bank, he was with Yes Bank as Executive Vice President and in various capacities with Axis Bank, including Risk Department and Governance Risk & Compliance (GRC) framework implementation. He also worked at State Bank of Mysore for over 9 years as a Dealer 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. Shashi Kant Singh
Chief of Internal Vigilance (CIV)
Mr. Shashi Kant Singh has more than 34 years of rich experience in banking as he worked with State Bank of India, with over a decade in Senior Management Grade handling various assignments including in Reconciliation, Inspection & Management Audit Departments. He worked in different set-ups like large sized Branches, Local Head Office, Administrative Offices, and others. Worked in different districts of Uttar Pradesh and states like Andhra Pradesh, Assam, Bihar, Jharkhand, Karnataka, Madhya Pradesh, Manipur, Telangana, Tripura including some overseas countries. He also worked with the International Banking Division and Overseas Branch at 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. T. M. N. V. R. Subbanna
CHIEF INFORMATION SECURITY OFFICER (CISO)
Mr. Subbanna has over 30 years of banking experience. He joined State Bank of India as a Probationary Officer and handled assignments in General Banking, Foreign Exchange, Commercial Banking and Information Technology. At Axis Bank, his responsibilities included Operational Risk Management, Branch Connectivity Project and Information Security. He also served as 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. Trilok Nath Shukla
Head - Micro Banking
Mr. Trilok Nath Shukla heads the Micro Banking Business of the Bank, with an experience of over two decades in Microfinance Sector, especially in the northern, eastern, central & western parts of India. He has been one of the founding member of Utkarsh Micro Finance, wherein he had set up the microfinance vertical. Prior to the Bank, he was with Cashpor since September 1997 and he was part of head office operations team. He handled various responsibilities in CASHPOR in role of department Head including HR, Training, Administration & Internal Audit. He has attended several training programmes in and outside India, including a visit to Grameen Bank, ASA, BRAC in Bangladesh, MFT Program held at Torino Italy conducted by Boulder University, Colarado, USA and different MDPs at IIM Ahmedabad, Bangalore & 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. Peeush Jain
HEAD – LIABILITIES
He has an over 23 year of experience in Retail Banking, Assets & Liabilities, Product & Channel Development, Client Life Cycle Solution Management and planning and Budget Management. His last assignment was with Lakshmi Vilas Bank as Head of Retail Banking. Prior to that, He also had stints with Royal Bank of Scotland, ABN AMRO Bank & HSBC, among others. He has done a Bachelor of Science (B.Sc) from Kurukshetra University and completed Harvard Manage Mentor Executive Program.
Mr. Rahul Sinha
Head – MSME
He has over 23 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.
Mr. Manish Gupta
Head – Mortgages
Mr. Manish Gupta has an overall experience of 23 years in the area of Retail Lending and has a rich exposure in various aspects viz., Sales, Credit and Business Development – Assets & Liabilities across various geographies in the country. His last assignment was with Axis Bank as National Sales Manager – Mortgages. Prior to that, he had worked with ICICI Bank and United Phosphorus Ltd., among others. He has done a Masters of Management Studies (MMS) from Mumbai University & Bachelor of Engineering (BE) from Bangalore University.
HEAD - WHOLESALE BANKING
Mr. Mohit Wahi has over 24 years of rich experience in the FMCG & BFSI domain. He has worked extensively in Retail & SME Banking across liabilities, working capital finance, trade finance and commercial banking departments. He has also had a stint with FMCG majors such as Hindustan Unilever Ltd and Godfrey Philips (I) Ltd., prior to his banking stint with ICICI Bank Ltd, DCB Bank Ltd and IDFC Bank Ltd. He holds the Bachelor’s degree from College of Vocational Studies - Delhi University.
Mr. Arun Raman
Head – Operations
He has over 26 years of experience in operations across various banks and NBFCs. He has a track record of formulating various policies and procedures as well as instilling operational excellence in various areas of banking operations related to credit cards, loans, liabilities, remittances, microfinance, trade and treasury back office. His last assignment prior to joining Utkarsh was in Al Ahli Bank of Kuwait. He has also had stints with Citibank, Emirates NBD, HSBC, ICICI Bank, Manappuram Finance and Bandhan Bank. He has done his Post Graduate Diploma in Management from IIM Lucknow and his BE Computer Science from University of Madras.
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 Dey
Head Internal Audit
Mr. Rahul Dey has over 17 years of experience in Banking and Microfinance sector. As a part of senior management team at Utkarsh since 2012, he has led different functions like Information Technology, Micro Enterprise Loan, Administration, Risk and Internal Audit. He is also a Director in the Board of Utkarsh Welfare Foundation (UWF). During his tenure in Utkarsh Micro Finance Limited, he was instrumental in establishing Micro Enterprise Loan business and for the introduction of Mobile Technology in Group Lending (JLG) business and played a key role during transition of Utkarsh Micro Finance Limited to Utkarsh Small Finance Bank Limited in 2017. Prior to this, he was with Ujjivan Financial Services Private Limited as Regional Business Manager, responsible for their Individual lending business in Eastern part of India. He also worked with organisations like Ballarpur Industries, ICICI Bank, Spandana Spoorthy Financial Limited and Anjali Microfinance Private Limited. At ICICI Bank, he was responsible for wholesale Micro Finance business for more than 3 years and was an Accounts Manager – Commercial Banking for a year, taking care of Bank’s Corporate Clients’ relationship in Kolkata. He is a Post Graduate Diploma in Rural Management from Xavier Institute of Management, Bhubaneswar (XIMB) and a Junior Associate of Indian Institute of Bankers (JAIIB) from IIBF.
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.