Mr. S.R. Sinha (Chairman Cum Managing Directorr) promoted SAIJA with the objective of using his professional experience, knowledge and networking abilities to provide financial services to the poor and underprivileged people who have not been covered by the formal financial system. Mr. Sinha has over 35 years of experience in retail banking, housing finance, and insurance. An alumnus of Faculty of Management Studies (FMS), Delhi University, Mr. Sinha was the founding Managing Director of Maharishi Housing Development Finance Ltd (MHDFL), an NBFC, promoted by the Maharishi Foundation. MHDFL became a very strong player in the first 3 years of its operations with one of the best growth rate in the housing finance sector and a 100% recovery record. Under the innovative and dynamic leadership of Mr. Sinha in less than 4 years, asset under management of MHDFL increased from INR 200 million to INR 1000 million. Subsequently, the portfolio of the company merged with ICICI Bank. Mr. Sinha subsequently worked for Lord Krishna Bank, as Senior Vice President, Retail Assets and as Country Head – Cross Sell with Centurion Bank of Punjab. Six years ago, Mr. Sinha returned to Bihar and promoted SAIJA Consultants Private Limited which became the second franchise office of Reliance Life (out of 50 today) in the country. It was one of the first to achieve INR 30 million worth of business.

Ms. Rashmi Sinha (Whole Time Director), has over 30 years of experience in the field of human resources and management education. For 18 of those years, she worked at the Steel Authority of India Limited, the leading public sector steel giant, in the area of HR. Apart from exposure to the various areas of HR, Ms. Sinha participated as a member of the Core Team in Turn Around strategies for SAIL. She was involved in the implementation of a New HR Initiative at SAIL involving revised performance management systems, training and development initiatives and plant level study of various productivity parameters. Ms. Sinha has also been involved as a visiting and permanent faculty in reputed management institutes across Delhi. She has been conducting successful workshops on leadership, interpersonal effectiveness, change management, effective communication, and teamwork.

She has a number of publications to her credit which have found place in reputed management journals. She is an Economics Graduate from Lady Sriram College, Delhi University and MBA from Faculty of Management Studies, Delhi University.

Mr. John Fischer (Accion Nominee Director) oversees all of Accion’s investments into the products and services that benefit the world’s three billion financially underserved. By making equity and quasi-equity investments in inclusive fintech startups, microfinance institutions, and other financial service providers, Accion creates well-run, mission-driven, and efficient organizations that achieve scale, impact, and returns. As part of his role, John serves on the boards of directors for numerous Accion partners.

Mr. John has served on the boards of directors and key committees of leading microfinance institutions worldwide such as Mibanco Banco de la Microempresa (Peru), Banco Solidario (Ecuador), Banco Popular Covelo (Honduras), Sociedad de Ahorro y Credito Integral (El Salvador), Akiba Commercial Bank (Tanzania), Pan-African Savings and Loans (Ghana), and Accion Microfinance Bank (Nigeria). He led successful purchases and recapitalizations of Banco Popular Covelo (Honduras) and Akiba Commercial Bank (Tanzania).

Mr. John holds a B.A. from Haverford College and Masters of Business Administration and international relations from Boston University.

Mr. Abhishek Agarwal (Accion Nominee Director) is currently heading Accion in India as Country Director and serves on the board of Swadhaar (MFI) and E-Vindhya Informatics (BPO employing differently-abled staff). Abhishek is a Ph.D. in Municipal financial reforms and Chartered Accountant (FCA) from ICAI. He did his Masters of Business Administration (MBA) with a specialization in finance at Rai International University. He has been working in the social development sector since last 14 years, and have worked in post-conflict, developing & developed countries. He comes with extensive experience in financial management, business planning, social enterprise transformations, and microfinance operations.

Mr. Ashutosh Binayake (Pragati Nominee Director) joined UTI in 2008. He has over fifteen years of experience in India across project finance, private equity, and corporate finance. He has strong infrastructure expertise and at UTI Capital he focuses on originating and evaluating equity investments, overseeing the portfolio and creating exit opportunities within the private equity business. He also functions as CFO for UTI Capital. Immediately prior to joining UTI, he was working in the project finance teams of GMR and Reliance Group where he was involved in undertaking financial close for various infrastructure projects in power, road, airport, ports and SEZ projects. He is a Chartered accountant and Commerce Graduate from the University of Mumbai.

Mr. Vishwanath Pratap Singh (Independent Director) has long exposure with international financial institutions including the World Bank, Asian Development Bank, European Investment Bank, KFW, DEG, FMO, Japan Development Bank and JABIC in the areas of co-financing of infrastructure projects and institutional development. At present, he is a non-executive independent director of a few companies in the infrastructure and financial services sectors. One of them is a leading microfinance company in India, which is being transformed into a bank. Recently, Mr. Singh has also rendered consultancy services to Goldman Sachs, Muzuho Securities, UBS Global Asset Management and Boston Consulting Group on areas like India Lending Business, Pricing of Commercial Banking Products, Banking Regulations, and Policies.