Managing Director & Chief Executive Officer

Sasidhar N Thumuluri

Sasi has two decades of experience in financial inclusion and capital markets in 20+ countries. He started his career at BASIX Social Enterprise Group where he was instrumental in designing and executing various innovative programs in microfinance and rural livelihoods. He currently runs day-to-day business at Sub-K as the Managing Director.

Prior to Sub-K, Sasi has worked for IFC, Habitat for Humanity, Microvest Capital Management and BASIX group.

Sasi holds Masters Degree of Public Affairs from Princeton University and MBA from Indian Institute of Forest Management. He has also completed the Accelerated Development Program from University of Chicago’s Booth School of Business.

He regularly speaks at various national and international events and serves on the board of Business Correspondents Federation of India of which he is currently the Chairperson.

Chief Financial Officer & Company Secretary

Jitender Kalwani

Jitender has over 18 years of experience in Finance, Accounts, MIS, Budgeting, Tax & regulatory matters, Processes & controls in organizations. Prior to joining Sub-K, Jitender worked in Megasoft and Gati.

In his current capacity, Jitender’s primary responsibility is to optimize financial performance and ensure compliance with statutory and regulatory requirements of the company.

Jitender holds Masters degree in Commerce from Osmania University, MBA from IGNOU, ACS and Member of Institute of Chartered Financial Analysts (ICFAI), and Strategic Management Certification from IIM Ahmedabad.

Vertical Head - Credit Business - South & Central India

Pavan Kumar R

With over 20 years of experience, Pavan has extensively worked in the Microfinance and NBFC sector. Over the years, Pavan has worked in various capacities in Operations, HR and Marketing in BASIX Group. He leads the Credit Business vertical at Sub-K in South & Central India.

Pavan has done his Masters in Agriculture with specialization in Soil Science and Agricultural chemistry from Acharya N G Ranga Agricultural University.

Vertical Head - Credit Business - North, East & North East India

Dinesh Saili

Dinesh has more than two decades of experience in Sales & Distribution Management.

In the past, he has handled medium to large strategic business units in diverse sectors across FMCG, Durables, Insurance & Micro Finance at both regional as well as national level. Currently, Dinesh heads the Credit Business Vertical at Sub-K in North, East & North East India.

Prior to Sub-K, he has worked with P&G, Asian Paints, HDFC SLIC, Aviva Life Insurance and Bhartiya Samruddhi Finance Limited.

Dinesh holds a Postgraduate degree in Business Management from All India Management Association (AIMA) Delhi.

Head - IT Infra and Development

A Venkateswara Rao

Venkateswara has over 23 years of experience in Software Design, Development, Maintenance of Applications, Project Management, Project Planning & Execution and Client Relationship Management. In his current capacity, he heads the IT Infra and Development department at Sub-K.

He holds an MBA in Information Technology from Madurai Kamaraj University with Honours Diploma in System Management.

Business Head - Agent Network Management

Ajay Singh Parihar

Experience: Ajay has a total experience of 16 years. He has remarkable experience in Process design, product development, General Insurance, Agency Banking, and Branch banking. He has worked in almost every banking vertical in Esaf Small finance Bank and Fino payment bank.

Alma Mater: Ajay got his Bachelor’s degree in commerce with Taxation honors. He also holds a Master’s degree in Arts with Social Science with majors from Barkatullah University in Bhopal.

Currently, Ajay is the Deputy Vice President and leads Agent Network Management.

To know more: https://www.linkedin.com/in/ajay-singh-03987a18/

Head - Strategic Initiatives

D. Venkateswara Rao

Through his years of experience in the financial services, Venkat has gathered rich domain knowledge in Microfinance, SME finance, Insurance, Agent banking and consulting.

Prior to Sub-K, Venkat has worked in various companies under BASIX Group and in Fullerton, India.

Venkat is a graduate in Bachelor of Science with Computer Science honors from Andhra University and Masters in Business Administration also from Andhra University in 2004.

Head - Finance & Accounts

Susheel Kumar P

Susheel has over 25 years of experience in accounts, finance, budgetary controls, internal audit, tax & regulatory matters, in manufacturing, education and service industries. He heads the Finance & Accounts department at Sub-K.

Susheel is a graduate in Bachelor of Science with Mathematics Honours from Madurai Kamaraj University, Madurai and 1st rank holder in Mathematics. He has completed Integrated Professional Competence Course from Institute of Chartered Accountants of India.

Head - Human Resources

Poduri Chandrasekhar

Chandrasekhar has more than 25 years of experience in Sales, Training and Learning & Development among others. After several senior level stints in the Development Finance sector, he now heads the Human Resource Department at Sub-K.

Chandrasekhar is a double post graduate with PGDHRM from Symbiosis and Strategic Management from IIM-Calcutta.

Operations Head - Agent Network Management

Mangaraju Javvadi

Mangaraju has over 18 years of experience working in NGOs, Construction Companies and Pharma industries. Prior to Heading the Agent Network Operations at Sub-K, Manga Raju worked in Corporate accounts and helped in setting up processes for new start-up companies B-ABLE, BCTS, BKSL and Sub-K.

Mangaraju completed his Bachelors in Commerce from Osmania University in 2000 and earned a Certification in Computers from Indira Gandhi National Open University.

Operations Head - Microfinance

R V Gowri Devi

Gowri has over 16 years of experience in microfinance and livelihood promotion services. She started her career with Bhartiya Samruddhi Finance Limited (BSFL) and has served in various capacities across BASIX Social Enterprise Group. 

Gowri is a postgraduate in Management and a certified Business Analyst.

Head - Marketing, Communication & Social Performance

Namrata Sehgal

Namrata Sehgal has over 8 years of experience working in the Social Development sector and with a national healthcare chain, in various capacities. Namrata now heads the Marketing, Communication & Social Performance functions at Sub-K.

Namrata is a law graduate (L.L.B. Hons.) and has completed her Post-Graduation in Constitutional Law (L.L.M.) from University of Lucknow. She recently earned her Master of Business Administration (MBA) degree from Indian Institute of Management, Bangalore. She is a Certified Project Management Professional (PMP) from PMI, USA.

Head - Business Development & Partner Relations

Animesh Kumar

Animesh Kumar is a seasoned finance professional with more than 7 years of experience in Banking & Financial Services, with stints in Kotak Mahindra Bank and ICICI Bank.

He recently completed his Masters in Business Administration from Indian Institute of Management, Bangalore. He is an alumnus of Delhi University, having graduated in Maths Hons and holds a Master of Finance and Control (MFC) degree from Department of Financial Studies, Delhi University. He also holds a Post-Graduate Diploma in Banking from the ICICI Manipal Academy and is a Certified FRM (GARP – Financial Risk Management) Professional.

ASSISTANT VICE PRESIDENT - IT Development (New Products)

Murali VVN

Murali has over 11 years of experience in software design, development and maintenance in web (J2EE) and mobile applications (Android, Blackberry) and expertise in all aspects of in-house developed system and product development. He has expertise in integration with the Core Banking System (CBS) of Banks, ATM Modules, Mobile Banking, payment gateways (NPCI), Aadhaar APIs, Banks’ Financial Gateways and development of Micro Finance Institutions (MFI) Loan Origination System (LOS) & Loan Management System (LMS).

Murali currently leads the IT Development (New Products) team at Sub-K. He is a post graduate in Technology and holds a Masters Degree in Technology from JNTU in Computer Science and Engineering.

Head of Legal and Compliance

Arun Babu

Arun Babu has over 14 years of experience in legal and banking sectors. He is well versed with Banking and Corporate Laws and experienced in handling matters related to Digital Banking.

He started his career as a practicing lawyer and later worked with Central Bank of India and Ujjivan Small Finance Bank. Presently, he heads the Legal department at Sub-K.

Arun Babu is a double graduate in Commerce & Law and holds a Master Degree in Business Administration. He is also a Certified Associate of Indian Institute of Bankers.

Regional Business Head - East & North East

Hemant Kumar

Having worked in different capacities for 15 years, Hemant has gained experience in Branch Banking Operations and Services, Product development, Process design as well as Agent Network Management. He is currently Regional Business Head at Sub-K for East & North East India.

Hemant has done his BSc (Microbiology) from Dr. Babasaheb Ambedkar Marathwada University  and PGDBM in Marketing & Information Technology from New Delhi Institute Of Management, New Delhi.

Apart from his academic qualifications, he holds certifications of Six Sigma Green & Black belt from Asian Institute of Quality Management accredited By ASCB (Europe) Limited-UK.

Regional Business Head - South, Central & Western

Nukala Ramakrishna

With over 15 years of experience in the Microfinance sector, Ramakrishna now heads the Microfinance Vertical of Sub-K for South, Central and Western regions of India.

Ramakrishna has done Masters in Business Administration in Marketing from Osmania University.

Assistant Vice President - Finance & Accounts

Peraiah Kayasiri

Peraiah Kayasiri has more than 18 years of experience in the field of Finance, Accounts, Compliance and Audit.

Prior to Sub-K, he worked with Bhartiya Samruddhi Finance Ltd (BASIX) for a period of 14 years. Before being associated with BASIX, he worked with a bulk drug manufacturing unit and home appliances distribution company. 

He holds a Postgraduate degree in Commerce from Osmania University and completed his Post Graduate Diploma in Business Management from Symbiosis.

Head – Risk Management

Prashant Kumar

Prashant brings with himself 12+ years of cross-border experience in more than 9 countries across diverse industries like BFSI, Microfinance, Real Estate, Healthcare, Pharma, Hospitality, Food & Beverage, Trading, Manufacturing, Oil & Gas, and District Cooling. Prior to joining Sub-K, Prashant had worked with Vaya Finserv as Head of Risk Management, QC & IA and part of the credit committee and ALM committee – involved in strategic planning, product/ process development, algo-predective modelling and leading the country wide team in functional/ operational/ IT/ IS reviews and designing digital-first controls. He had also worked with international consulting firms like PKC Advisory and Axis Risk Consulting where he was responsible for leading consulting engagements in the fields of Business Process Reengineering, ERM framework development, diagnostic assessments, risk based internal audits, and advising clients on strategic & operating policies and model business processes. He had also worked with BFIL (subsidiary of IndusInd Bank) in Member Services (Operations & Sales), Internal Audit/ Risk Management and Analytics domains.

Prashant is an MBA grad from IRMA and also holds certifications in Lean Six Sigma, Information Security & Risk Management, Insurance, and Commodity Trading.

Vice President – Innovations

Sandeep Shah

With over 2 decade of experience, Sandeep Shah has worked in domains ranging from Financial Inclusion to Banking, Consulting, Livelihood Promotion, Digital Identity, Digital Payments and DBT (G2C) payments in India and North America. Prior to working for Sub-K, he has worked for UIDAI, BASIX, ICICI Ban, among others. At UIDAI (Aadhaar), Sandeep was actively engaged in evangelizing Aadhaar, Aadhaar based payment systems, DBT payments and Digital Payments.

Sandeep holds MBA in Strategic Management from University of British Columbia and IIM Ahmedabad. He also has certifications in PMP and Six Sigma to his credit.

In the recent past, Sandeep had been actively engaged in working with multiple stakeholders to develop inclusive solutions for Indian populace at large. A seasoned program manager, UIDAI gave him an opportunity to positively impact over a billion people across India through Aadhaar based applications and DBT payments.

As Vice-President – Innovations, he will be responsible to work with key stakeholders of Sub-K for collection, incubation and implementation of new ideas to benefit millions of current and prospective customers of Sub-K.

ASSISTANT VICE PRESIDENT - Finance Product

K Rambabu Naik

Rambabu holds an MBA in Marketing and Operations from Indian Institute of Management, Kozhikode. He has 7.5 Years of experience in Product Management and Product Marketing and three years of experience in Product Costing and Vendor Development in domains ranging from financial inclusion to IT. He has prior work experience in companies for Bourntec Solutions, Jocata Financial Services, HCL Technologies amongst others. At Bourntec Solutions, Rambabu was actively engaged in identifying and prioritizing features to build dash boards to track performance of the IT Systems, defining & executing GTM strategy for funnel creation and sales.

In the past, Rambabu has also worked in drafting user stories for the building features to capture risk associated of the entities in the lending process, created mock-ups of the user journey using Balsamiq, defined the features using graphical analysis for fraud detection in the bank transactions etc.

Chief Technology Officer

Srinivas Valluri

Srinivas Valluri who has joined us as Chief Technology Officer.

Srinivas has 20 years of experience building and enabling software for a diverse set of customers, including being a CTO for 2 start-ups: one in the fin-tech space and one in healthcare. His expertise spans multiple business domains including fin-tech, manufacturing, retail and health care. His work experience with MNCs like Wal-Mart, Ford Motor Company, and Credit Suisse has taught him how to manage large and complex projects.

Srinivas was instrumental in setting-up and managing the India Development Centre of a large retail consortium. His work in the Fintech domain involved building a paper-less lending platform and high-performance trading systems. As a CTO at a healthcare start-up, he focused on clinical decision support systems, electronic medical records and computer telephony integration.

Srinivas has a Master’s Degree in Business Administration and a Bachelor’s Degree in Engineering.

Srinivas enjoys a good cup of coffee and is fascinated by cars, technology and badminton.

ASSISTANT VICE PRESIDENT - Technical Product Management

Soumyadeep Chowdhury

Soumyadeep Chowdhury has a rich work experience of more than 9 years in IT Products and Services, in the BFSI domain . He has completed his B.Tech in Computer Science from NIT Silchar and MBA from IIM Lucknow.

Soumyadeep is a keen follower of Cricket and likes to read and try out his photography skills during his free time. He has joined us as a Young Leader and we are delighted to have him in our team.

P.S: The above content is drafted just based on the information shared in case we need to elaborate it a bit more please share more details.