Arohan Annual Report FY 20-21

A statement showing the name of every employee of the Company, who – (a) If employed throughout the financial year, was in receipt of remuneration for that year which, in the aggregate, was not less than one crore two lakh rupees; Mr. Manoj Kumar Nambiar – Managing Director Sl. No Particulars Details 1. Designation Managing Director 2. Remuneration received INR 164.49 Lakhs* 3. Nature of employment, whether contractual or otherwise Permanent 4. Qualification and Experience Mr. Manoj Kumar Nambiar holds a Bachelor’s degree in Engineering (Mechanical branch) and a Master’s degree in Management Studies from the University of Bombay. He has also completed the ‘Strategic Leadership in Microfinance’ course from Harvard Business School, USA. He has worked with various companies in the fields of business development, consumer banking and microfinance across India and the Middle East. Previously, he has worked with Xerox India Limited (formerly, Modi Xerox Limited), Countrywide Consumer Financial Services Limited, ANZ Grindlays Bank, ABN Amro Bank N.V., National Bank of Oman, Ahli Bank and with Alhamrani Company for Investment in Trade. He has chaired the governing board of MFIN, the self-regulatory organisation for NBFC-MFIs recognised by the RBI, since 2019, having first joined MFIN’s board in 2013. He was also the President of MFIN in 2015-16 and currently the Chairman of MFIN. 5. Date of commencement of employment September 28, 2012 6. Age 55 7. The last employment held MD & CEO of IntelleCash Microfinance Network Company (P) Limited 8. % of equity shares held NIL *includes INR 48.34 Lakhs pertaining commission paid for previous year (amount accrued in previous year) (b) if employed for a part of the financial year, was in receipt of remuneration for any part of that year, at a rate which, in the aggregate, was not less than eight lakhs fifty thousand rupees per month; Nil (c) if employed throughout the financial year or part thereof, was in receipt of remuneration in that year which, in the aggregate, or as the case may be, at a rate which, in the aggregate, is in excess of that drawn by the managing director or whole-time director or manager and holds by himself or along with his spouse and dependent children, not less than two percent of the equity shares of the company. Nil Annual Report | 2020-2021 100