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.
Pankaj Vaish
Independent Director
Pankaj Vaish is an Independent Director of our Company. He holds a bachelor of technology degree in mechanical engineering from the Indian Institute of Technology – Banaras Hindu University (IIT – BHU), Varanasi and had also pursued a master of business administration (MBA) from the University of Minnesota, U.S.A. He was awarded the “Banaras Hindu University Medal” for standing first at the bachelor of technology fifth year examinations in mechanical engineering, and the “Distinguished Alumni Award of Excellence” by the Association of IT-BHU Alumni, New Delhi for the year 2011-12. He has over 35 years of work experience. He was associated with Accenture Services Private Limited for over 28 years in various roles, including as the managing director for Accenture’s Delivery Center Network for BPO, and as the Asia Pacific Operating Unit Lead for Communications, Media and Technology (CMT) business. He was also associated with SEWA Trade Facilitation Centre as a senior advisor. He is currently working as a professor of Practice of Management at the Amrut Mody School of Management, Ahmedabad University, and is an advisor to INSORCE Operational Optimizers Private Ltd., and Unlax Consumer Solutions Private Limited. In the past, he has served on the boards of Lakshmi Vilas Bank and Aptus Value Housing Finance India Limited and is currently on the board of directors of IIFL Wealth Management Limited, Krishna Institute of Medical Sciences Limited and Indium Software (India) Limited.