Arohan Financial Services Limited | Annual Report 2022-23

MANOJ KUMAR 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 Arohan with RANJAN DAS Ranjan Das is the Chief Risk Officer and has been associated with the Company since July 1, 2017. He holds a Master’s degree in Business Management from the University of Calcutta. He has over 27 Managemen t ’s Pro f i l e effect from October 3, 2012. He holds a Bachelor’s degree in Mechanical Engineering from VJTI and a Master’s degree in Management Studies from JBIMS, University of Bombay. He has also completed the ‘Strategic Leadership in Microfinance’ course from Harvard Business School, USA, “Strategy meets Leadership” course from INSEAD, Fontainebleau, France & “Leading for Impact” from IMD Lausanne, Switzerland. He has worked with various companies in the fields of business development, consumer banking & finance and microfinance across India and the Middle East. His previous employers include 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 Alhamrani Company for Investment in Trade. He is the Vice Chairperson of the Group Executive Council at Aavishkaar, the holding company. He has served on the governing board of MFIN, the microfinance sector SRO recognised by the RBI for 6 years from 2013 including as its President from July 2015 to June 2016 and then as Chairman twice from July 2019 to June 2021. He is currently the Lead of the Steering Committee of the 37 MFI lenders in Assam liaising with the state government on the AMFIRS’21, the microfinance incentive & relief scheme 2021. MILIND RAMCHANDRA NARE Milind Ramchandra Nare is the Chief Financial Officer of Arohan 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 29 years of experience in finance. He heads the finance teamof 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 Officer of India Factoring and Finance 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. years of experience in the BFSI sector. He is responsible for the overall risk management and control, risk analytics, credit and product policy approvals, credit underwriting and portfolio risk analytics of the Company. Prior to joining the Company, he has worked with Magma Fincorp Limited, Citicorp Finance (India) Limited and Indian Container Leasing Company Limited. ABIN MUKHOPADHYAY Abin Mukhopadhyay is the Head of Internal Audit and has been associated with the Company since July 1, 2015. He is a qualified Chartered Accountant and a 23 | Annual Report 2022-23