Arohan Financial Services Limited | Annual Report 2021-22

Management Profile MANOJ KUMAR NARAYAN NAMBIAR Manoj Kumar Nambiar is the Managing Director of Arohan. He has been a Director since October 2012, when he was appointed as the Managing Director of the Company with effect from October 3, 2012 when the Aavishkaar Group became the institutional promoter. He holds a Bachelor’s degree in Mechanical Engineering from VJTI Mumbai and a Master’s degree in Management Studies from the JBIMS, University of Bombay. He has also completed the ‘Strategic Leadership in Microfinance’ course from Harvard Business School, Boston USA and has also successfully completed “Strategem – Strategy Meets Leadership” Programme from INSEAD, Fontainebleau, France. Previously, he has worked with Modi Xerox India Limited, Countrywide Consumer Financial Services Limited, ANZ Grindlays Bank, ABN Amro Bank N.V., National Bank of Oman, Alhamrani Company for Investment in Trade, KSA and Ahli Bank Oman. He has been on the governing board of MFIN, the Self-Regulatory Organization for NBFC-MFIs recognized by the RBI, for 6 years including as the President/Chairman in 2015/16, 2019/20 and 2020/21. He is currently the Lead of the Steering Committee of 39 MFI lenders in Assam working with the state government on AMFIRS’21. MILIND RAMCHANDRA NARE Milind Ramchandra Nare is the Chief Financial Officer and has been associated with the Company with effect from April 28, 2016. He holds a Bachelor’s degree in Commerce from the university of Bombay and a Master’s degree in Financial Management from Pondicherry University. He has over 23 years of experience in finance. He heads the finance team of the Company and is responsible for financial management, treasury management, audit and taxation and regulatory compliance, legal and secretarial verticals. His role also includes liaising with all external stakeholders. Prior to joining the Company, he has been the Chief Financial Officerof IndiaFactoringandFinance Solutions Private Limited and has also worked at Global Trade Finance Limited, The Bombay Dyeing & Manufacturing Company Limited, Pam Pharmaceutical & Allied Machinery Company Private Limited and L & T Capital Limited. He was conferred the ‘Best CFO – BFSI (Large-sized enterprises)’ award for 2020 at the 8th CFO Summit Awards, 2021 by the All India Association of Industries. BHARATH SONDUR Bharath Sondur is the Chief Business Officer and has been associated with the Company since December 2021. He holds a Bachelor’s degree in Science from Kuvempu University, Karnataka and a Post Graduate Diploma in Computer Applications from SRNM College of Applied Sciences, Karnataka. He has also completed a Strategy meets Leadership Program from INSEAD Singapore and short-term leadership program from INSEAD Fontainebleau, Paris. He is a career banking and finance professional with over 28 years of experience spanning both assets and liabilities, in microfinance as well as in a bank environment. He is responsible for the end-to-end business at Arohan, from strategic and tactical perspectives covering products, distribution, planning, as well as alliances. Prior to joining the Company, he has worked with Suryoday Small Finance Bank as the Executive Vice President and Chief Business Officer and other companies including State Bank of Travancore, Global Trust Bank, HDFC Bank, ING Vysya Bank, Bank of Bahrain & Kuwait, IndusInd Bank, and Jana Small Finance Bank (erstwhile Janalakshmi Financial Services). 37 Annual Report | 2021-2022 Key Differentiators