Board of Directors
Devesh Sachdev
Founder & Director
Devesh Sachdev is the Company’s founder & Director. He is an XLRI Postgraduate 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).
Sanjay Garyali
Managing Director & Chief Executive Officer
Sanjay Garyali joined Fusion in March 2025. With over 28 years of experience in the finance industry, he brings a wealth of expertise in retail financial markets and a deep understanding of the key drivers in the sector. Prior to joining Fusion Sanjay led the Urban Finance business of L&T Finance, where he successfully managed a large portfolio consisting of two-wheeler, consumer loans, and mortgages. Earlier in his career, he was associated with Kotak Mahindra bank, where he managed home finance and emerging market mortgages, focusing on channels, products, and collections.
Ratna Vishwanathan
Independent Director
Ratna Viswanathan was the CEO of MFIN. She built a strong Self Regulating Organisation in line with the sector supervision mandate of the RBI and 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.
Hemant Mundra
Non-Executive Director
Hemant Mundra is a Managing Director at Warburg Pincus, possesses extensive and highly relevant experience in Non-Banking Financial Companies (“NBFC”) and Housing Finance Companies (“HFC”). Currently he is serving on the Boards of other NBFCs and HFCs viz. Vistar Financial Services Private Limited, Avanse Financial Services Limited and Truhome Finance Limited (formerly Shriram Housing Finance Limited). Mr. Mundra is a postgraduate from Indian Institute of Management, Ahmedabad, Certified CFA Level 3 from CFA Institute and BTech in Chemical Engineering from Indian Institute of Technology, Bombay.
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.
Rajeev Sardana
Independent Director
Rajeev Sardana is an ex-member of the Executive Management at Housing Development Finance Corporation (HDFC) with expertise in financial services, lending, retail assets, and credit risk management. Since 2024, he has been serving as Senior Director for Strategy and Planning at Greenfinch Global Consulting. Before this, from 2014 to 2023, he was part of HDFC’s Executive Management and headed the Self-Employed Business and Loan Against Property segment. Between 2010 and 2014, he was Senior General Manager at HDFC, and from 1994 to 2010, he served as Regional Business Head. His early career at HDFC began in 1986 as a Branch Manager, a role he held until 1994. He is a Chartered Accountant in India and holds a BCom degree from Shri Ram College of Commerce, University of Delhi. Currently, he holds directorships with Poonawalla Fincorp and HDFC Sales. He has also served on the board of DBH Finance in the past.