Dr. Fernandes is a Whole Time Director (designated as Executive Chairperson) of Northern Arc Investment Managers Private Limited. She has been associated with Northern Arc Capital Limited (formerly IFMR Capital Finance Limited) (“Northern Arc Capital”) since its inception in 2008 and is currently its Non-Executive Vice Chairperson.

She has extensive experience in capital markets, and has been previously involved in financial advisory, consulting and academia. Prior to joining Northern Arc Capital, she was a Professor and Head of Finance at the Goa Institute of Management.

She has worked on consulting assignments for the World Bank, the Chicago Mercantile Exchange, the Government of India (Ministry of Finance), and NSE.IT, and was a core committee member of the Percy Mistry Committee on ‘Making Mumbai an International Financial Centre’.

She has also developed the SEBI mandated certification programme for derivatives for the National Stock Exchange and NCDEX.

Mr. Mehrotra is a Non-Executive Director of Northern Arc Investment Managers Private Limited. He is also the Managing Director and Chief Executive Officer of our holding company i.e. Northern Arc Capital Limited and serves as the Non-Executive Chairperson of Pragati Finserv, rural finance arm of Northern Arc Group.

Ashish has over 25 years of experience across Retail & Commercial Banking, Wealth Management and Insurance. In his last role, he was the MD & CEO of Niva Bupa Health Insurance (previously known as Max Bupa Health Insurance). Before that, Ashish spent over 20 years at Citibank. He was previously a Managing Director and also the Retail Bank Head for Citibank India. Ashish holds a Master of Business Administration Degree.

Mr. Pande is a Non-Executive Director of Northern Arc Investment Managers Private Limited. He is the founder of Polymath Capital Advisors and has over 25 years of experience in Investment management with specialization in Fixed Income and Structured Products as well as valuation and portfolio risk management. He started his career with Jardine Fleming before joining ICICI Prudential AMC, where he had an award-winning stint of 10 years as CIO & Head of Fixed Income.

His efficiency in fund management also won him the title India’s Most Astute Bond Investor by Asset Magazine for the year 2007 and the coveted Business Standard Fund Manager of the Year (Debt) – 2011 in addition to several other fund awards.

Mr. Brouwers is an Independent Director of Northern Arc Investment Managers Private Limited. He is also an independent Advisor of Cardano Impact Investing, the development investment arm of Cardano Asset Management, investing in the areas of Microfinance, SMEs, Renewables Energy and Agriculture in developing countries across the world. Since June 2023 Actiam became part of Cardano. Cardano is an asset manager specialised in Sustainable ESG investing with Assets under Management above 60 USD bn.  Cardano is one of the largest microfinance investors globally, and one of the very largest institutions working solely for institutional investors based on ESG-screening of investments.

Since September 2023 Theo has retired and stepped down as Director and chairman of the investment committee of three of Cardano’s microfinance funds with investments in over 100 microfinance institutions across 45 countries and joined the same time as independent member of the Investment Committees. Prior to Cardano, Theo has been associated with a number of other leading organisations such as SNS Asset Management (Director & Board Member) and ING Bank Netherlands (Director, Sustainable Investing).

Mr. Moon is a Non-Executive Director of Northern Arc Investment Managers Private Limited. He was formerly with Leapfrog Investments, leading their investor relations, co-investments and strategic partnerships globally. During his stint with Leapfrog, he oversaw the raising of LeapFrog’s record-breaking and oversubscribed USD744 million third fund, its USD 400 million oversubscribed second fund, and its USD350 million separate account with Prudential Inc. He also supported international capital raising for portfolio company Northern Arc Capital (formerly IFMR Capital) – one of India’s largest credit platforms – and led a multi-LP co-investment in Reliance Capital, Indonesia’s leading diversified financial services company.

In more than 15 years of private equity and business-building experience, he has raised more than $2 billion of institutional capital across a series of successful funds. Prior to Leapfrog, he was director of strategy and communications at the FW Group, the UK’s largest SME focused fund manager, where he was head of new business ventures and investor relations and co-founded FW Capital, the Group’s growth private equity arm. He was a founding member of the GPCA Investor Relations & Marketing Community

Mr. Rallabandi is an Additional Director of Northern Arc Investment Managers Private Limited. He has been associated with our holding company i.e. Northern Arc Capital Limited as Chief Risk Officer since July 2018 whereby he oversees risk management and risk mitigation in relation to Company’s operations.

Prior to joining Northern Arc Capital, he was associated with Standard Chartered Bank for over 13 years where he last served as the Senior Credit Officer, Commodities Risk for South Asia region. He has a total work experience of over 27 years and has also worked at Allahabad Bank, Globsyn Technologies Limited, Global Trust Bank Limited and IDBI Bank.

Mr. Rallabandi holds a degree in B-Tech in Mechanical Engineering and Post Graduate Diploma in Management from IIM, Calcutta.