Management Team

Investor

Management Team

  • Mr. R. Sridhar Whole-time Director designated as the Executive Vice-Chairman and CEO

    R. Sridhar, is a whole-time Director designated as the Executive Vice-Chairman and Chief Executive Officer of IndoStar and has been associated with the Company as a Director since April 18, 2017. He holds a bachelor's degree in science from University of Madras and is a qualified chartered accountant from the Institute of Chartered Accountants of India. He is responsible for the overall management and administration of the business and affairs of the Company. He has approximately three decades of experience in the financial services industry. He was previously associated with various entities forming part of the Shriram group, and held the position of managing director of Shriram Transport Finance Company Limited.

  • Mr. Pankaj ThaparChief Financial Officer

    Pankaj Thapar has been associated with the Company since November 1, 2011 as Chief Financial Officer. He holds a bachelor's degree in commerce and a master's degree in business administration from the University of Delhi. He has more than 30 years of experience in various fields including corporate finance with Indian and international entities like Everstone Capital Advisors Private Limited, Dentsu Marcom Private Limited, Coca-Cola India Inc., ANZ Grindlays Bank Limited, Citibank India and ICICI Limited. He is responsible for raising resources, treasury, accounting, regulatory compliance and board related matters.

  • Mr. Prashant JoshiChief Operating Officer

    Prashant Joshi is the Chief Operating Officer and has been associated with the Company since August 1, 2016. He holds a bachelor’s degree in commerce from University of Bombay and a post graduate diploma in management from the Indian Institute of Management, Calcutta. He has more than 20 years of experience across small and medium enterprises, and corporate banking. He has previously worked with Deutsche Bank AG, Standard Chartered Bank, IDBI Bank Limited and ICICI Limited. His function and areas of experience in the Company pertains to operations, technology and administration related functions.

  • Mr. Sanjay AthalyeChief Risk Officer

    Sanjay Athalye is the Chief Risk Officer and has been associated with the Company since January 25, 2017. He holds a bachelor’s degree in commerce and a master’s degree in commerce from Nagpur University. He has several years of experience in the fields of commercial finance, managing credit and risk, and portfolio quality. He has previously worked with Reliance Capital Limited, Centurion Bank of Punjab Limited, IDBI Bank Limited, ICICI Limited, Reliance Telecom Limited and Modi Xerox Limited.

  • Mr. Shailesh ShiraliMD & Head – Corporate Lending & Markets

    Shailesh Shirali, is a Managing Director, Head – Corporate Lending and Markets and has been associated with the Company since November 5, 2012. He holds a bachelor’s degree in commerce from the University of Mumbai and is a qualified chartered accountant from the Institute of Chartered Accountants of India. He is responsible for the corporate lending and markets business segment of the Company. He has several years of experience in the financial services sector, and has previously worked at Future Capital Holdings Limited.

  • Mr. Hansraj ThakurBusiness Head - SME Finance

    Hansraj Thakur, is a Business Head - SME Finance and has been associated with the Company since April 3, 2017. He holds a bachelor‘s degree in commerce from University of Mumbai, and a post graduate diploma in business management with specialisation in marketing and finance from Ramprasad Khandelwal Institute of Management and Research. He has several years of experience in the fields of small and medium enterprises, commercial banking, and sales and relationship management. He has previously worked at IDFC Bank Limited and Standard Chartered Bank.

  • Mr. A. GowthamanBusiness Head - Vehicle Finance

    A Gowthaman is the Business Head – Vehicle Finance and has been associated with the Company since July 6, 2017. He holds a bachelor’s degree in arts, a master’s degree in arts and a master’s degree in business administration from Bharathidasan University. Further, he holds a post graduate diploma in general insurance law and practice from The Tamil Nadu Dr. Ambedkar Law University. He has more than 20 years of experience in financial institutions, and has previously worked with Cholamandalam Investment & Finance Company Limited, Shriram Transport Finance Company Limited, Shriram Investments Limited and Inter Trim Linings Super Markets Private Limited.

  • Mr. Prabhat Kumar TripathyBusiness Head - Retail Home Finance

    Prabhat Kumar Tripathy is the Business Head – Retail Home Finance of IndoStar Home Finance Private Limited, Subsidiary of IndoStar Capital Finance Limited, since September 29, 2017. He holds a bachelor’s degree in civil engineering from Utkal University, and a certification as a chartered engineer from the Institution of Engineers (India), and a master’s degree in business administration from Indira Gandhi National Open University. He has more than 20 years of experience with financial institutions such as Equitas Small Finance Bank Limited, ICICI Limited, Dewan Housing Finance Corporation Limited and Maharishi Housing Development Finance Corporation Limited.

  • Mr. Shreejit MenonBusiness Head - Affordable Home Finance

    Shreejit Menon is the Business Head – Affordable Home Finance of IndoStar Home Finance Private Limited, Subsidiary of IndoStar Capital Finance Limited, since May 2, 2017. He holds a bachelor’s degree in commerce and master’s degree in management studies from University of Mumbai. He has several years of experience with financial institutions like Religare Housing Development Finance Corporation Limited, Muthoot Housing Finance Company Limited and HSBC Limited.

  • Mr. Jitendra BhatiCompany Secretary and Compliance Officer

    Jitendra Bhati is the Company Secretary and Compliance Officer; and has been associated with the Company since August 1, 2011. He holds a bachelor’s degree in commerce from Jai Naraian Vyas University, Jodhpur, and a bachelor’s degree in law from University of Mumbai. He is a fellow member of Institute of Company Secretaries of India. Further, he holds a post-graduation diploma in international business and finance from Jai Naraian Vyas University, Jodhpur, a post-graduation diploma in business management from the Institute of Management Technology and a post graduate diploma in securities law from Government Law College, Mumbai. He has previously worked at Future Capital Holdings Limited, and has experience in the fields of legal, secretarial and compliance.

Support Team

  • Mrs. Benaifer PalsetiaChief Human Resources Officer

    She has 19+ yrs. of experience in the entire gamut of HR - Compensation & Benefits, Reward & Retention, Business off-shoring, Talent Mgmt. & Acquisition, Culture Building, Training & Development.

    She was instrumental in setting up the leadership team for IDFC bank’s retail business.

    She has earlier worked with IDFC Bank, Credit Suisse and Citigroup. She has Masters in Economics and Masters in Labour Studies from Mumbai University.

  • Mr. Siva Subramanian National Credit Manager - Vehicle Finance

    He has 23+ yrs. of experience in leading and directing start-ups, SME & Mortgage Lending, Commercial Vehicles Financing and Unsecured Lending for Global Financial Corporations.

    He has held major roles in Fullerton India, Citicorp Finance India, Ashok Leyland Ltd and Equitas Small Finance Bank.

    He is a B.E. (MECH) from Thiagarajar College of Engineering, Madurai and an MBA in Finance from NIT, Trichy

  • Mr. Shripad Desai National Credit Manager - Home Finance

    He has 18+ yrs. of experience across Construction Finance, Mortgage Lending, SME sales & risk management functions.

    He worked with Deutsche Bank, L&T Housing Finance, Reliance Home Finance, Standard Chartered Bank, Centurion Bank of Punjab, IDBI Bank, ICICI Bank and Gruh Finance.

    He is an MBA from MGM’s Institute of Management and he holds a diploma in Taxation Law from M.P. law College.

  • Mr. Uday NarayanNational Credit Manager - SME Finance

    He has 20+ yrs. of experience in Credit, Risk, Collection, Sales, Product Development, Process Design, Portfolio Analysis & Credit Operations.

    He has worked with Bajaj Finance as National Risk & Credit Head and has held senior positions in Axis Bank, Reliance Capital, Centurion Bank of Punjab and ICICI Bank.

    He holds B.E from Osmania University and is an MBA from IISWBM, University of Calcutta.

  • Mr. Rajesh Ganorkar National Collections Manager

    Mr. Ganorkar has 16 years of experience in sales, credit and collections. His strength lies in formulating collection strategies and strategic utilization and deployment of available resources. Simultaneously, he has strong hold on his relationship with channel partners, resulting in qualitative performance. In his previous assignments he has built cost effective logistic operations & seamless channel deployment to ascertain better penetration

    He is an MBA in Marketing from Amravati University, and has held senior roles at ICICI Bank, Reliance commercial finance & Magma Fincorp.