MEET OUR TEAM
We encourage our people to ideate and implement processes and products that they believe would be the best in the industry. This has resulted in an organisation of believers, committed to growth.
Co-Founder - CEO
Arun is the CEO and is responsible for rollout of the branches, products and services and to scale up the business volumes in line with Svasti’s business plans.
Arun also handles the Human Resources function. Arun is a lawyer and was with ICICI Bank until June 2007, before leaving to start Svasti.
Over a period of six years at ICICI Bank he has acted as the legal advisor to the corporate banking, project finance, structured finance, private banking and treasury operations of the bank. He was part of the core strategic team that planned and executed the bank’s foray into international markets and comes with extensive experience in successfully launching new businesses and new products in various geographies.
Co-Founder, CFO & CIO
Narayanan is responsible for operations process design and supporting it with technology initiatives. He also handles the Finance, Accounts, Operations Audit and Training Design.
Narayanan is a Chartered Accountant and a Certified Information Systems Auditor. As an auditor, he has been involved in conducting central audits of Oriental Bank of Commerce and Andhra Bank. As a banking technology consultant, he has been involved in projects for providing technology solutions to banking operations of ICICI Bank, ING Vysya Bank, and Lord Krishna Bank.
He also was a key member of the startup team of myTiger.com, a business intelligence venture, where his contribution lay primarily in heading the technology team.
Mangala Jothi M
Vice President - Technology
Mangala Jothi M leads the Technology & Projects team at Svasti. She has 18 years of experience in the Information Technology Industry which includes 6 years in the Banking domain.
She has completed her Masters Degree in Computer Applications and she holds Certifications in Project Management Frameworks and Enterprise Architecture Framework.
Prior to Svasti, Jothi worked for 6 years at Equitas Small Finance Bank where she played a vital role in establishing Digital Banking and Digital Transformation initiatives.
Vice President - HR & admin
Narayan heads the Human Resource, Administration & Training at Svasti. He has overall experience of 18 years in Human Resource, and legal Department. Prior to joining Svasti he worked with ICICI Bank and Pangea3.
Narayan has done is his Post Graduation Diploma in Human Resources and he is also a qualified lawyer.
Nitesh Kumar Sinha
Vice President – Operations Risk Management
Nitesh heads the LAP Credit, Operations Audit and Centralize Disbursement Locations at Svasti. He has an overall experience of around 14 years in the microfinance sector. Prior to joining Svasti he has worked with NEED, Ujjivan and BASIX.
Nitesh Kumar has done his Bachelor's in Commerce and MBA in Rural Management.
Vice President - Training & Development
Parin heads Training and Development at Svasti. He has an overall work experience of 20 years, and is a seasoned learning and OD strategist.
Before joining Svasti, Parin worked with reputed BFSI companies in India, like Suryoday Small Finance Bank, RBL FinServe Ltd., and Fino.
Parin was also recognised among the “101 Most Fabulous Training & Development Leaders (India)” by the World HRD Congress in 2021.
Vice President – MSME Loans
Peeyush heads the MSME Business at Svasti. He has around 12 years of experience in the microfinance business sector. Prior to join Svasti he has worked with NEED Microfinance.
Peeyush has done his Bachelor's in Science (Agriculture), and an MBA in Rural Management.
Vice President – Microfinance Loans
RaviKumar heads the Microfinance Business Operations at Svasti. He has around 18 years of experience in the microfinance business sector. Prior to join Svasti he has worked with Share Microfinance and Spandana Sphoorthy Microfinance.
Ravikumar has done his Bachelor's in Commerce.
Senior Vice President - Finance & Accounts
Sojanya heads Finance and Accounts at Svasti. He is a Chartered Accountant with more than 12 years of experience in Audit and Accounting. Prior to joining Svasti, he was a part of the founding team at IDFC FIRST Bank for around 5 years, and with HDFC Bank for a similar tenure prior to that. Throughout his banking career, he has experience working on the Indian GAAP, Ind AS and US GAAP accounting principles. He has also been associated with PriceWaterhouseCoopers where he was involved in the audit of financial sector companies including Goldman Sachs and Franklin Templeton group.
Vice President – Services & Consumer Finance
Sudhakar heads the Services & Consumer Finance business at Svasti. He has an overall experience of 16 years in microfinance sector. Prior to joining Svasti, he worked with Share Microfinance.
Sudhakar has a Bachelor's Degree, in Arts.
Varsha Waghela is responsible for the Legal and Secretarial work of the company. She is a Company secretary and she has also completed her Bachelors of Law from Mumbai University in 2016.
Varsha has a total work experience of 6 years, with a CS Firm and with NBFC-MFI. Before joining Svasti, she worked with B.L. Tanna & Co. as an Assistant Company Secretary.
She has experience in Secretarial Audit, Compliances of Private and Unlisted Public Companies under the Companies Act, 2013 and 1956, Compliance of LLP under the Limited Liability Partnership Act, 2008, Compliance under FEMA and RBI NBFC Norms.