Mr. Samit S Shetty - Managing Director
Samit is one of the founder/Promoter of Chaitanya and a Director at
Chaitanya. He has completed his MBA from Indian Institute of Management, Ahmedabad and
BE in Mechanical Engineering from Bangalore University. Before Chaitanya, he has worked in
Olam International Limited, a global leader in the supply chain management of agricultural
products and food ingredients. He spent his initial five years in Africa and subsequently he had
setup Olam's coffee operations in Brazil and led the business for four years as its country
manager. He has acquired significant experience in setting up systems and processes related
to agricultural procurement, financing and trading. He has been associated with Chaitanya
since 2008 April. He has developed an understanding of the joint liability group model initially
by studying and training with other micro finances and later by being part of the
implementation team in Jagalur. Currently he handles HR, Accounting and finance functions
within the company.
Mr Anand Rao - Joint Managing Director
Anand is one of the founder/Promoter of Chaitanya and a Director of
Chaitanya. He has completed his MA in International Relations from Syracuse University, USA,
a Management Degree from Indian Institute of Technology, Bombay and BE in Mechanical
Engineering from Bangalore University. His earlier work experience has been in International
Development at World Resources Institute, Washington DC and earlier in the Indian Corporate
Sector at PepsiCo India and Bosch India. He comes to Chaitanya from Small Scale Sustainable
Infrastructure Development Fund (S3IDF), an international non-profit organization working in
supporting enterprises in the small-scale infrastructure space, where he worked for five years.
During his tenure at S3IDF, he worked extensively with the Self Help Group and Joint Liability
Group lending models to provide financing to poor communities to meet their basic
infrastructure needs. He implemented several innovative projects such as providing solar
lighting, pressure cookers and LPG connections to SHG and JLG members which used
microfinance to provide the necessary financing for infrastructure services. His work was
focused in the districts of Chitradurga, Davangere and Bellary. Based on this experience of
micro lending, he further perfected his skills of carrying micro lending under Chaitanya
Foundation for a period of two years before starting the NBFC. Chaitanya Foundation and the
NBFC also focused geographically in the same districts where he had gained his experience.
He is the COO and Joint Managing director of the company directly in charge of operations.
Mr. K S Ravi - Independent Director
Mr. K. S. Ravi is the founder and senior partner of Ravi & Shrihari Chartered Accountants. He became an Associate of the Institute of Chartered Accountants of India in 1990 and attained Fellowship in 1995. He has been instrumental in establishing the firm with a strong team and delivering professional services in all fields, including areas like Accountancy, Audit, Taxation (Direct and Indirect), Costing, Corporate Law Matters, International Taxation and Business Consultancy. His strengths include excellent drafting, communication and management skills. He is also an eminent speaker who regularly delivers lectures in various Institutions, both Private and Government. Besides this, he periodically contributes articles to various professional journals.
He is regularly engaged by several non profits to provide consultancy services relating to finance, in the area of rural development and mentoring rural entrepreneurs. He is a regular trainer on financial, audit and social aspects both for Governmental and Non- Governmental organisations. He has been regularly providing advice and consultancy services on statutory matters to companies and institutions in the social sector for the last 28 years.
He has been instrumental in advising and nurturing producer companies with the object of supporting farmers at the gross root level.
In addition to his professional life he travels into deep and remote villages to understand the social dynamics of rural life.
Mr. Nanda Kumar R - Independent Director
Mr Nanda Kumar is a science graduate and a Certified Associate of Indian Institute of Bankers. He is a Banker by profession with 38 years of unstinted and unblemished banking experience having worked in ING Vysya Bank Ltd in different capacities like Branch Head, Regional Head, Zonal Head, Assistant General Manager, Senior Assistant General Manager, Vice President in different areas of operation and in different locations.
Though a banking generalist, he had specialistic stints in Advances, Credit Risk, Administration, General Banking, Marketing, Audit, Finance, Foreign Exchange and in Human Resource. He has built an excellent qualitative credit portfolio and made extensive financing to Rural Financing, Agriculture, Retail, Trading, Mid Corporate Financing.
He is recipient of various awards/rewards and also Chairman's Club member for several years and recipient of VYC Award under Banking Category.
Presently working as GROUP CHIEF EXECTIVE OFFICER OF EMMVEE GROUP of companies since 2009 touching with a turnover of around `6000 millions with over 800 employees.
Emmvee is a leading manufacturer of renewable energy products like Solar Water Heaters, Street Lighting, Toughened Glass, Photovoltaic Modules, EPC of Solar Power Plants etc. Group companies has at its credit many laurels and awards.
Independent Director on the Board of Chaitanya India Fin Credit Private Limited.
Director on the Board of DRES Energy Limited, Bangalore.
Director on the Board of Emmvee Green
Power Private Limited, Bangalore.
Director on the Board of Surabhi Finance Corporation Ltd.,
Was a Director on the Board of Sree Subramanya Co-operative Bank Limited. Served/serving various social, philanthropic organizations like, AVOPA, Vasavi Union Charitable Trust, Vasavi Vidyaniketan, Chinmaya Vasavi Arya Vysya Trust, Ashaktha Poshaka Sabhaetc., in various capacities like Chairman, Vice President, Secretary, Trustee and as CC member.
Mr Nanda Kumar over his long professional career has excelled in highly competitive environments. He is a critical thinker and an adept negotiator who can apply expert knowledge of the industry for rapid business revenue growth opportunities. Team leader with good communication skills & interpersonal relations.
Mr. Ramesh Sundaresan - Nominee Director
Mr. Ramesh Sundaresan is the Investor's Nominee Director at Chaitanya. He is a graduate
from NIT Trichy and Post Graduate from Indian Institute of Management Lucknow He is the
Managing Director of Invenio and he is based in Bangalore. Invenio is engaged in providing
market making and risk management solutions in agricultural derivatives to various producers
and consumers of commodities. Invenio also has a fund management division that manages
third party money by investing in algorithmic and systematic proprietary trading strategies.
Ms. Lisa G Thomas - Nominee Director
Ms. Lisa G Thomas is the Nominee Director (nominated by Shorecap II Limited) at Chaitanya.
She has completed her MBA from The University of Chicago Booth School of Business, USA
and Bachelor of Science from University of Oregon, USA. She is a highly skilled professional
with over 10 years of work experience in venture capital and private equity investing, financial
analysis, microfinance, strategic planning, project management, governance and operations.
She has a robust emerging market experience having worked with companies in 20 countries
in Africa, Asia and the Caucuses. She is very passionate about impact investing with significant
expertise in the financial inclusion space including microfinance, small and medium enterprise
(SME) lending, deposit mobilization and alternative delivery channels. Earlier, she has worked
in Companies like Equator Capital Partners, Capital Plus Exchange, The Clement Group, CRT
Capital Group LLC, Merrill Lynch & Co. and she was also a Co-founder and Chief Investment
Officer of VestedWorld, Inc, Chicago, USA. She is a recognized leader in the social impact
space through lecturing and scholarship.