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 an Independent Director at Chaitanya. He is a Chartered Accountant by
profession being the Managing Partner of M/s Ravi & Shrihari. He has been regularly engaged
by several non-profits to provide consultancy services relating to finance in the area of rural
development and mentoring rural entrepreneurs. He has the capacity of critically analysing
micro credit activities by virtue of his audit and finance background. He is also a visiting faculty
of Regional Training Institutes of AG's Office, Bangalore, Member Audit Board, Bangalore,
Income Tax Department, Bangalore, Karnataka Power Corporation Ltd., Bangalore. He has
been regularly providing advice and consultancy services on statutory matters to companies
and institutions in the social sector for the last 20 years. Mr Ravi's firm is the auditor for Sakhi
Samodhaya Khosh, Sampark and Souharda Co-operative society all of whom work in financial
inclusion related areas in the rural side.
Mr. Nanda Kumar R - Independent Director
Mr. Nanda Kumar R is an Independent Director at Chaitanya. He is a science graduate and a
Certified Associate of Indian Institute of Bankers. He is a banker by profession with 40 years
of experience having worked in ING Vysya Bank in different capacities like Branch Head,
Regional Head, Zonal Head, Asst. General Manager, Sr. Asst. General Manager in different
areas of operation and in different locations. He retired as Vice President (Business Banking &
Agri & Rural Banking) from ING Vysya Bank. Though a banking generalist he specialises in
Credit, Administration, General Banking, Audit, Finance and HR. During his tenure as head of
credit risk department he has extensively financed microfinance units building a high quality
microfinance portfolio. He is a visiting faculty at Bank’s Training College. He is presently
working as Group CEO of Emmvee Group of companies.
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.