Management’s Profile 25 | Annual Report 2023-24 Manoj Kumar Narayan 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 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, and has tertiary qualifications in Insurance from the Insurance Institute of India. 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, and “Enabling Strategic Impact in the Boardroom” at London Business School, London in February 2024. 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 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 & Ahli Bank. 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 7 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 Vice Chairperson of the Governing Board of MFIN, on the Board of Trustees AMFI WB and is also 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. 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. 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 28 years of experience in the BFSI sector having worked across the country across various product segments. He is responsible for the overall risk management and control, portfolio risk analytics, credit and product policy approvals, large ticket credit risk underwriting, Enterprise Risk Management, Risk Modelling and Information Security Risk Management of the Company. Prior to joining the Company, he has worked with Poonawalla Fincorp Limited (formerly Magma Fincorp Ltd), Citicorp Finance (India) Limited and Indian Container Leasing Company Limited. Sumit Mukherjee is the Chief Business Officer of the Company. He holds a Bachelor’s degree in Commerce from the University of Calcutta. He has over 32 years of experience across a wide gamut of retail asset businesses including microfinance, micro SME, commercial vehicle, construction & farm equipments, tractors, medical and printing equipments. At Arohan, he is responsible for endto-end business from a strategic & tactical perspective covering products, distribution, planning & alliances. Prior to joining the Company, he has been the Chief Executive Officer at Satin Finserv Ltd. Starting with Ashok Leyland Finance Ltd. (Indusind Bank) in the year 1991, Sumit has worked with Citicorp Finance (India) Ltd., Magma Fincorp Ltd., Kissandhan Agri Financial Services Pvt. Ltd., Barota Finance Ltd. and Neogrowth Credit Pvt. Ltd. in the past. Arvind Murarka is the Chief Information Officer and has been associated with the Company since August 12, 2015. He holds a Master’s degree in Business Administration from the Institute of Chartered Financial Analysts of India University, Sikkim and has completed an Advance Programme in Leadership in Digital Era from IIM-Lucknow. 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 30 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 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 & Manoj Kumar Narayan Nambiar Ranjan Das Sumit Mukherjee Arvind Murarka Milind Ramchandra Nare
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