Board of Directors
Devesh Sachdev
MD & CEO
Company’s Managing Director & CEO, Devesh Sachdev, An XLRI Post Graduate with 25 years of experience in the Service Industry prior to starting Fusion in 2009-10.
Under his leadership, Fusion has grown into one of the leading microfinance institutions and continues to expand its operations.
He attended and successfully completed Strategic leadership program in Harvard Business School.
He has been the Chairperson of the governing board of Microfinance Institutions Network (MFIN), which is a Self-Regulatory Organization for NBFC-MFIs in India. MFIN works closely with regulators and other key stakeholders and plays an active part in the larger financial inclusions dialogue through the medium of microfinance.
Ken Vander Weele
Nominee Director
Mr Ken Vander Weele is directorin Creation Investments Social Ventures Fund (I, II, II and IV).
Mr Vander Weele has a PhD in international economics from Oxford University, and a BBA in Business Administration from the University of Wisconsin. Ken has also passed the National Uniform Certified Public Accountant Examination (CPA).
Narendra Ostawal
Nominee Director
Narendra Ostawal, based in Mumbai, joined Warburg Pincus in 2007 and currently holds the position of Managing Director and leads Warburg Pincus’ investment advisory activities in India. Prior to joining Warburg Pincus, Mr. Ostawal was an Associate with 3i India and McKinsey & Company. He holds a Chartered Accountancy degree from The Institute of Chartered Accountants of India and an M.B.A. from Indian Institute of Management, Bangalore. He is a Director of Fusion Micro Finance Limited.
Ratna Vishwanathan
Independent Director
Ratna Viswanathan has been the CEO of MFIN for the last three years.. She has built a strong Self Regulating Organisation in line with the sector supervision mandate of the RBI and has brought in a strong sense of credibility for the sector as far as the external world is concerned. She has put in place a very valuable property in terms of the international microfinance conclave which is now an annual feature and has enhanced the visibility of the sector.
In the development sector she has served at very senior levels in well-known international NGOs such as Oxfam and VSO. She steered these entities through critical change management processes as they transitioned from international liaison offices to ‘full fledged Indian entities’.
Namrata Kaul
Independent Director
Namrata Kaul is a career banker with extensive experience of over 33 years across Treasury , Corporate Banking , Debt Capital markets and Corporate finance in India and UK. As Managing Director at Deutsche Bank AG, Namrata led the Corporate Bank practice as its India Head. She was also responsible for managing risk, credit, compliances and regulatory reporting for the Corporate portfolio of the Bank. In Deutsche Bank U.K., as part of the Strategic Leadership Team aiming to strengthen cross border networks , she set up an Asia Desk in London. Namrata was a member of the Deutsche Bank Asia Executive Committee, a Member of the Board of Deutsche Bank India, and a founding member of the Deutsche Bank Diversity Council.
She currently serves as Independent Director on several Boards including Vivriti Capital , Schneider Electric , Bhopal Smart City Development Corporation and Prime Securities Ltd.
Namrata is a Chevening scholar from the London School of Economics, she holds a Bachelor of Commerce degree from Lady Shri Ram College, Delhi University, and is a Management Postgraduate from IIM Ahmedabad.
Puneet Gupta
Non-Executive & Independent Director
Dr. Puneet Gupta has close to three decades of professional and academic experience in India and North America. In the past, he has managed a private equity fund and advised family offices. He was the founder of SimpliLend, an organization that automated credit sourcing, evaluation, and dissemination in close partnerships with NBFC’s using machine learning and artificial intelligence. He also served as a member of the senior management with leading global organizations.
He is as an adjunct professor at the Institute of Management Technology (IMT) Ghaziabad. He serves on the boards of UTI Pension, NCDEX eMarkets, and Meta Materials Circular Markets. He is also an advisor to ONGC (Oil and Natural Gas Corporation), Startup Fund.
He has a doctorate (PhD) from the Indian Institute of Technology (IIT), Delhi, master’s in business from the J. L. Kellogg School of Management (Northwestern University) and a bachelor’s in engineering (Computer Science) from Mangalore University. He is a life member of IOD and former TIE (The IndUS Entrepreneurs) Charter member in North America.