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.