Former Chief Information Commissioner Government of India
Non-Executive Chairman & Independent Director
Mr. Satyananda Mishra is the former Chief Information Commissioner of India (December 2010 to September 2013). He has a diverse and exemplary career of more than 40 years in the Indian Administrative Services (batch of 1973). He was the Chairman and Non-Executive Independent Director of the Multi Commodity Exchange of India Limited from November 2013 till November 2016. He served as the Director of the Small Industries Development Bank of India until 2018 and as a Development Commissioner for Small Scale Industries in the Government of India. Additionally, he has also held the position of Former Secretary for various government departments like the Department of Personnel & Training (DoPT), Public Works Department (PWD), and Department of Culture (MP Government).
Founder
Vice Chairman and Managing Director I Chairman - Asset-Liability Committee
Mr. Nath took on the role of an entrepreneur by acquiring control of a listed NBFC called Chokhani Securities Limited in 2018 and is now the Vice Chairman & Managing Director of U GRO Capital, a tech enabled small business lending platform. Prior to embarking on his entrepreneurial journey at U GRO Capital, Mr Nath has been influential in setting up Insurance Companies, Global Asset Management Businesses, Capital Market and Lending Institutions. Throughout his illustrious career, he has been instrumental in building two insurance companies, a large asset management company and an NBFC. Some of his biggest achievements include establishing new business verticals alongside foraying successful joint ventures and partnerships for the group. He is a qualified lawyer and a University Rank Holder from the Banaras Hindu University (India).
Former Executive Director - Reserve Bank of India
Independent Director I Chairman – Compliance Committee
Mr. Karuppasamy has served as the Executive Director of Reserve Bank of India and as the RBI Nominee Director at Indian Bank. He continues to be associated with a number of high-profile working groups in certain areas, such as High-Power Committee on Urban Cooperative Banks, Rating Framework for Urban Cooperative Banks, Cross Border Supervision and Integrated System of Alert. This also includes serving as an Independent Director at Asset Reconstruction Company (India) Limited. He is a postgraduate in Economics, a Certified Associate of Indian Institute of Bankers, with a Post Graduate Diploma in Bank Management (NIBM).
Mr. Karnam Sekar is a professional banker with rich experience in all the facets of Indian Banking at a very senior level. He joined as a Probationary Officer with State Bank of India in 1983 and rose to the level of Deputy Managing Director. Selected as Managing Director of Public Sector Bank and has the rare distinction of heading two public Sector Banks during very critical juncture of their history. As the Dy MD of SBI, he contributed during the Board level deliberations of the Nation’s Largest Commercial Bank for more than four years. Presently he is on the Board of Incred Financial Services Ltd. and National Asset Construction Company Ltd.
Former Chairman In charge & Managing Director - Life Insurance Corporation
Independent Director I Chairman - Nomination and Remuneration Committee
Mr. Hemant Bhargava is a Master’s in economics. Mr. Bhargava joined LIC as a direct recruit officer in 1981 and retired as its Managing Director in July 2019. During his long tenure of 38 years, he worked across diverse set of roles both in India and abroad, building multi-dimensional experience in different capacities, especially in Marketing, Internal Operations, and new ventures. He was the first chief of LIC International Operations SBU, besides being instrumental in setting up LIC Cards Services Limited. His tenure as Managing Director (and also as Chairman in charge from January to March 2019) was marked by his creative leadership with new ideas enriched by the extensive experience gained in overseeing several functions including Marketing, Finance, Personnel, Investments, Alternative Channel, etc. Presently he is on the Board of Larsen and Toubro and Tata Power Company Limited and ITC.
Former Whole Time Member of Securities and Exchange Board of India
Independent Director I Chairman – Stakeholders Relationship Committee I Chairman – Securities Allotment and Transfer Committee
Mr. Agarwal has nearly three decades of experience in the Indian financial services sector. He was worked with some highly reputed organizations such as the Securities and Exchange Board of India, Forward Markets Commission, and Indian Revenue Service. He has a knack of building and maintaining relationships and community with ease. Rajeev Agarwal finished his term on November 2016 from the post of Whole Time Member at SEBI. Before joining SEBI, he served as the Member of the Forward Markets Commission (FMC) and was responsible for the framing of regulations for the Commodities Markets which had been liberalized just then. He is an alumnus of The Indian Revenue Service (Batch of 1983) and the Indian Institute of Technology, Roorkee with a bachelor’s in technology.
Mr. Gupta is the founding Partner of New Quest Capital Partners and oversees the firm’s India and Southeast Asia business as well as investments in the power and financial services sectors. He has a highly varied experience of 20 years in leading teams and producing projects aligned with business goals. Collaborative and a clear communicator is how his peers best describe him. Prior to co-founding New Quest, he was a Director at Bank of America Merrill Lynch (BAML) Asia Private Equity group where he led the India business and oversaw investments in the energy and financial services sectors across the Asia Pacific region. He has an MBA from the Indian Institute of Management (IIM), Bangalore, and an undergraduate degree in electrical engineering from REC Kurukshetra.
Mr. Gupta is the Managing Director of Samena Capital Investments Limited in Dubai, focusing on investments within the Special Situations Funds. He is a member of the Board of Directors and Executive Committee at RAK Logistics as well as an Investment Committee member of the Samena Special Situations Funds. His insightful thinking is vested towards balancing the interests of the company, shareholders, and other stakeholders by ensuring long-term growth that is both sustainable and profitable. Prior to Samena Capital, he was an Equity Research Analyst at Tricolour India Fund and a part of the General Electric Financial Management Leadership Program, focusing on financial planning and analysis. He is a Chartered Financial Analyst (AIMR) as well as a Chartered Alternative Investment Analyst. He holds a Master’s in Management (Finance) from the University of Mumbai.
Mr. Sehrawat currently serves as a Partner at ADV Partners, after moving on from the role of Managing Director at the firm. With 22 years of experience in financial services across private equity, distress debt acquisition & resolution, corporate and financial restructurings in India, He has a strong ability to build and sustain new business relationships as well as adapt to diverse environments. Prior to ADV, Manoj Sehrawat was the Vice President with JPMorgan’s Asia Special Situations Group. He has also worked at ARCIL where he was responsible for acquisition of NPLs from banks & FIs. He is a Chartered Accountant from Institute of Chartered Accountants of India and has a bachelor’s degree in Commerce from Delhi University.
Mrs. Hingorani is Senior Vice President at IFU, The Danish Investment Fund for developing countries. She is the global head for Financial services and also the Head of Asia at IFU, based in Singapore. IFU is a Danish Government owned investment fund that invests equity and debt for impact in emerging markets. Asia represents one third of IFU’s global portfolio.
She has 25+ years of investment experience in Asia and has led several transactions within Climate (renewable energy, waste management, water recycling), Financial Services, Agri business and infrastructure, Manufacturing and Healthcare.
Deepa holds a Masters in Finance from University of Delhi, India and an Executive MBA from SIMI Copenhagen, Denmark.
Tabassum Inamdar is a highly seasoned and respected Chartered Accountant, with over 25 years of extensive experience in research and analysis in the banking, insurance, and financial sector in India and Asia. As a pioneer in the impact sector, Tabassum founded Tameel, a research initiative specialising in impact strategy research in 2019 and has influenced CSR strategies across India's top conglomerates. Her groundbreaking 7-point framework for successful CSR has been recognized as a foundation for impactful initiatives, and she has applied this framework to analyse companies like Mahindra & Mahindra and ITC.
As a member of a committee set up by the Insurance Regulatory and Development Authority of India, Tabassum played a key role in developing a concept paper on standalone micro-insurance companies. She has also held key positions in various organizations, notably, as the Head of State Reform Team at Central Square Foundation, Managing Director and Co-head of the India Research team and Asia Financials team at Goldman Sachs Securities India Private Ltd, and other influential roles at UBS Securities and Kotak Securities etc.
Her expertise includes serving on multiple boards as an Independent Director, including those of Equitas Small Finance Bank and Zipsure, along with current appointments at Franklin Templeton AMC India, Pure Earth Blacksmith Institute, Indifi Technologies Pvt Ltd, and its 100% subsidiary, Indifi Capital Pvt Ltd. With her impressive track record, expertise, and commitment to creating a positive impact, she is poised to be an invaluable addition to the board of UGRO Capital Limited.
Former Chief Information Commissioner Government of India
Non-Executive Chairman & Independent Director
Mr. Satyananda Mishra is the former Chief Information Commissioner of India (December 2010 to September 2013). He has a diverse and exemplary career of more than 40 years in the Indian Administrative Services (batch of 1973). He was the Chairman and Non-Executive Independent Director of the Multi Commodity Exchange of India Limited from November 2013 till November 2016. He served as the Director of the Small Industries Development Bank of India until 2018 and as a Development Commissioner for Small Scale Industries in the Government of India. Additionally, he has also held the position of Former Secretary for various government departments like the Department of Personnel & Training (DoPT), Public Works Department (PWD), and Department of Culture (MP Government).
Founder
Vice Chairman and Managing Director I Chairman - Asset-Liability Committee
Mr. Nath took on the role of an entrepreneur by acquiring control of a listed NBFC called Chokhani Securities Limited in 2018 and is now the Vice Chairman & Managing Director of U GRO Capital, a tech enabled small business lending platform. Prior to embarking on his entrepreneurial journey at U GRO Capital, Mr Nath has been influential in setting up Insurance Companies, Global Asset Management Businesses, Capital Market and Lending Institutions. Throughout his illustrious career, he has been instrumental in building two insurance companies, a large asset management company and an NBFC. Some of his biggest achievements include establishing new business verticals alongside foraying successful joint ventures and partnerships for the group. He is a qualified lawyer and a University Rank Holder from the Banaras Hindu University (India).
Former Executive Director - Reserve Bank of India
Independent Director I Chairman – Compliance Committee
Mr. Karuppasamy has served as the Executive Director of Reserve Bank of India and as the RBI Nominee Director at Indian Bank. He continues to be associated with a number of high-profile working groups in certain areas, such as High-Power Committee on Urban Cooperative Banks, Rating Framework for Urban Cooperative Banks, Cross Border Supervision and Integrated System of Alert. This also includes serving as an Independent Director at Asset Reconstruction Company (India) Limited. He is a postgraduate in Economics, a Certified Associate of Indian Institute of Bankers, with a Post Graduate Diploma in Bank Management (NIBM).
Mr. Karnam Sekar is a professional banker with rich experience in all the facets of Indian Banking at a very senior level. He joined as a Probationary Officer with State Bank of India in 1983 and rose to the level of Deputy Managing Director. Selected as Managing Director of Public Sector Bank and has the rare distinction of heading two public Sector Banks during very critical juncture of their history. As the Dy MD of SBI, he contributed during the Board level deliberations of the Nation’s Largest Commercial Bank for more than four years. Presently he is on the Board of Incred Financial Services Ltd. and National Asset Construction Company Ltd.
Former Chairman In charge & Managing Director - Life Insurance Corporation
Independent Director I Chairman - Nomination and Remuneration Committee
Mr. Hemant Bhargava is a Master’s in economics. Mr. Bhargava joined LIC as a direct recruit officer in 1981 and retired as its Managing Director in July 2019. During his long tenure of 38 years, he worked across diverse set of roles both in India and abroad, building multi-dimensional experience in different capacities, especially in Marketing, Internal Operations, and new ventures. He was the first chief of LIC International Operations SBU, besides being instrumental in setting up LIC Cards Services Limited. His tenure as Managing Director (and also as Chairman in charge from January to March 2019) was marked by his creative leadership with new ideas enriched by the extensive experience gained in overseeing several functions including Marketing, Finance, Personnel, Investments, Alternative Channel, etc. Presently he is on the Board of Larsen and Toubro and Tata Power Company Limited and ITC.
Former Whole Time Member of Securities and Exchange Board of India
Independent Director I Chairman – Stakeholders Relationship Committee I Chairman – Securities Allotment and Transfer Committee
Mr. Agarwal has nearly three decades of experience in the Indian financial services sector. He was worked with some highly reputed organizations such as the Securities and Exchange Board of India, Forward Markets Commission, and Indian Revenue Service. He has a knack of building and maintaining relationships and community with ease. Rajeev Agarwal finished his term on November 2016 from the post of Whole Time Member at SEBI. Before joining SEBI, he served as the Member of the Forward Markets Commission (FMC) and was responsible for the framing of regulations for the Commodities Markets which had been liberalized just then. He is an alumnus of The Indian Revenue Service (Batch of 1983) and the Indian Institute of Technology, Roorkee with a bachelor’s in technology.
Mr. Gupta is the founding Partner of New Quest Capital Partners and oversees the firm’s India and Southeast Asia business as well as investments in the power and financial services sectors. He has a highly varied experience of 20 years in leading teams and producing projects aligned with business goals. Collaborative and a clear communicator is how his peers best describe him. Prior to co-founding New Quest, he was a Director at Bank of America Merrill Lynch (BAML) Asia Private Equity group where he led the India business and oversaw investments in the energy and financial services sectors across the Asia Pacific region. He has an MBA from the Indian Institute of Management (IIM), Bangalore, and an undergraduate degree in electrical engineering from REC Kurukshetra.
Mr. Gupta is the Managing Director of Samena Capital Investments Limited in Dubai, focusing on investments within the Special Situations Funds. He is a member of the Board of Directors and Executive Committee at RAK Logistics as well as an Investment Committee member of the Samena Special Situations Funds. His insightful thinking is vested towards balancing the interests of the company, shareholders, and other stakeholders by ensuring long-term growth that is both sustainable and profitable. Prior to Samena Capital, he was an Equity Research Analyst at Tricolour India Fund and a part of the General Electric Financial Management Leadership Program, focusing on financial planning and analysis. He is a Chartered Financial Analyst (AIMR) as well as a Chartered Alternative Investment Analyst. He holds a Master’s in Management (Finance) from the University of Mumbai.
Mr. Sehrawat currently serves as a Partner at ADV Partners, after moving on from the role of Managing Director at the firm. With 22 years of experience in financial services across private equity, distress debt acquisition & resolution, corporate and financial restructurings in India, He has a strong ability to build and sustain new business relationships as well as adapt to diverse environments. Prior to ADV, Manoj Sehrawat was the Vice President with JPMorgan’s Asia Special Situations Group. He has also worked at ARCIL where he was responsible for acquisition of NPLs from banks & FIs. He is a Chartered Accountant from Institute of Chartered Accountants of India and has a bachelor’s degree in Commerce from Delhi University.
Mrs. Hingorani is Senior Vice President at IFU, The Danish Investment Fund for developing countries. She is the global head for Financial services and also the Head of Asia at IFU, based in Singapore. IFU is a Danish Government owned investment fund that invests equity and debt for impact in emerging markets. Asia represents one third of IFU’s global portfolio.
She has 25+ years of investment experience in Asia and has led several transactions within Climate (renewable energy, waste management, water recycling), Financial Services, Agri business and infrastructure, Manufacturing and Healthcare.
Deepa holds a Masters in Finance from University of Delhi, India and an Executive MBA from SIMI Copenhagen, Denmark.
Tabassum Inamdar is a highly seasoned and respected Chartered Accountant, with over 25 years of extensive experience in research and analysis in the banking, insurance, and financial sector in India and Asia. As a pioneer in the impact sector, Tabassum founded Tameel, a research initiative specialising in impact strategy research in 2019 and has influenced CSR strategies across India's top conglomerates. Her groundbreaking 7-point framework for successful CSR has been recognized as a foundation for impactful initiatives, and she has applied this framework to analyse companies like Mahindra & Mahindra and ITC.
As a member of a committee set up by the Insurance Regulatory and Development Authority of India, Tabassum played a key role in developing a concept paper on standalone micro-insurance companies. She has also held key positions in various organizations, notably, as the Head of State Reform Team at Central Square Foundation, Managing Director and Co-head of the India Research team and Asia Financials team at Goldman Sachs Securities India Private Ltd, and other influential roles at UBS Securities and Kotak Securities etc.
Her expertise includes serving on multiple boards as an Independent Director, including those of Equitas Small Finance Bank and Zipsure, along with current appointments at Franklin Templeton AMC India, Pure Earth Blacksmith Institute, Indifi Technologies Pvt Ltd, and its 100% subsidiary, Indifi Capital Pvt Ltd. With her impressive track record, expertise, and commitment to creating a positive impact, she is poised to be an invaluable addition to the board of UGRO Capital Limited.
