Kshama is the CEO of Northern Arc Capital and its founding Chief Risk Officer. Over the last decade, she has been closely involved in setting up the business and taking it to scale. Kshama has an MBA, a Ph.D. in Finance, and is a GARP certified Financial Risk Manager. Prior to joining Northern Arc, she was the Head of the Finance Department at the Goa Institute of Management. She has been a member of several committees set up by the Government of India related to capital markets as well as financial inclusion, and has extensive experience across policy, financial advisory, consulting, and academia. Kshama is an avid biker, sky diver, sailor, trekker and mountaineer.
Bama is the COO of Northern Arc Capital. She was previously the Chief Financial Officer from 2017. In her role as CFO, she played a key role in deepening access to liabilities and completing a significant capital raise for Northern Arc. She joined Northern Arc Capital in 2012 and initially served as the Chief Risk Officer. In this phase, she led the strengthening of the risk management approach as the company scaled up across multiple new sectors. Prior to Northern Arc Capital, Bama worked with ICICI Bank for 10 years initially in the structured finance team and later lead teams in corporate and investment banking in India, USA and Singapore. She is a Director on the Board of Dvara Research, a policy research institution with focus on financial systems design and household finance as key areas. She graduated with an MBA from IIM Ahmedabad and has a bachelor’s degree in commerce from University of Madras. She is also a CFA charter holder. She is an avid reader and Carnatic Music connoisseur.
Pardha is the Chief Risk Officer of Northern Arc. He is a Mechanical Engineer and obtained PGDM from IIM Kolkata. He has been a Banker for 21 years majority of which were with Standard Chartered Bank, beginning as Relationship Manager in Wholesale Banking and moving on to multiple roles in Relationship Management, Credit and Risk. His last two roles before taking over as a CRO at Northern Arc Capital in 2018 were Chief Risk Officer for Standard Chartered Bank in Sri Lanka and Senior Credit Officer, Commodities Risk, South Asia.
Kalyan is the Chief Accounts & Audit Officer of Northern Arc. He has over 21 years of experience in financial management, accounts, audit, systems and operations. Kalyan joined Northern Arc Capital in 2009 as Head, Accounts. Prior to joining Northern Arc Capital, Kalyan worked across various industries in myriad functions in India and overseas. His areas of specialisation include financial reporting, functional consulting related to data warehousing, material accounting, cost structure development, etc. He has a bachelor’s degree in Law & Commerce from University of Madras. He is an ardent lover of cricket and is keenly interested in Vedic astrology.
Saurabh has been the Chief Legal Counsel of Northern Arc Capital since 2012. Prior to joining Northern Arc Capital, Saurabh was in private practice for a year and worked at ICICI Bank for nearly 7 years, working on a variety of matters ranging from domestic retail to leading teams for international operations in the Middle East, Africa, SEEPZ and Sri Lanka. Saurabh graduated from the National Law School of India University in 2003. His interests include trying to understand how the “market” affects the balance between efficiency and justice.
Nandita is currently Chief Financial Officer at Northern Arc. She joined Northern Arc in 2012 and served as the Head of Capital Markets till 2019. As Head of Capital Markets she was responsible for the debt capital market placements and syndication business of Northern Arc, working closely with our large base of domestic and international investors. Prior to joining Northern Arc in 2012, Nandita worked with organisations like Standard Chartered Bank, ICICI Bank and Deloitte. Her prior experience in banking and financial services include roles in Credit Risk, Relationship Management, Business Development and Capital Markets. Nandita is a qualified Chartered Accountant and holds a Bachelor of Commerce degree from Mumbai University. Nandita is passionate about impact investing and developmental finance and believes strongly that all businesses should create sustainable positive social impact in addition to delivering financial returns.
Amit heads the Retail Initiatives at Northern Arc across sectors including Microfinance, Vehicle Finance, Small Business Loans, Housing Finance, Agri Finance, Consumer Finance & Fintech based lending. He joined Northern Arc in FY 13 to setup and scale the Vehicle Finance sector. Prior to joining Northern Arc, Amit worked with Indian Oil and M-CRIL in business development, consultancy and ratings-based roles. He holds a Master’s degree in Management from IRMA. In his free time, he likes to read and travel.
Varoon heads the capital markets business that is responsible for placing all the capital market products structured by Northern Arc Capital with investors worldwide. Varoon has been with Northern Arc Capital for over 9 years and has worked across departments like Risk Analytics and Treasury, before moving into the markets team in 2015. Prior to Northern Arc Capital, he worked with Optiver Finance in Sydney. He holds a Master's Degree in Advanced Accounting and Structured Finance from Griffith University, Australia.
Ashish is head of FI Origination & Digital Business and has over a decade of experience spanning business, credit and risk management, strategy & new initiatives. Experienced in leading large teams and operating at scale, Ashish was responsible for setting up and expanding new sectors including agri-finance, fintech, gold loans, and corporate finance. During his time at Northern Arc Capital, Ashish was head of business for the largest business vertical of the company comprising of microfinance, fintech, and agri-finance clients. Prior to joining Northern Arc Capital, he worked with the business incubation team at Villgro. Ashish is also passionate about staying active in the entrepreneurship space and routinely advises early stage entrepreneurs through various forums and engagements. While not at work, Ashish enjoys road trips on his motorcycle and trying out his culinary skills.
Salil Nair is the Chief Technology and Information Officer of Northern Arc Capital. In his current role, Salil is driving technology transformation and spearheading the digital initiatives for Northern Arc Capital. Prior to this he spent 16 years at FIS where he headed the end-to-end IT Operations for India and South East Asia. He played a crucial role in implementing systems to launch banks, setting up Private Cloud for Banking applications and Data center consolidation for large financial services client. Salil has done his Bachelor of Technology in Computer Science and Engineering & Master of Science in Software Systems from BITS. He is very passionate about emerging technology and is an avid traveller.
Umasree is the Chief People Officer at Northern Arc Capital. She has over 20 years of experience with a track record of implementing successful HR initiatives across organisations in various sectors and multiple locations within India and abroad covering China, Singapore, Romania and Australia. A post graduate in Personnel Management & Industrial Relations from Rajagiri College of Social Sciences Kerala, Umasree has worked with various Fortune 500 and reputed companies like Hindustan Motors, Caterpillar India (P) ltd, RPG – Food world, RPG Spencers Retail, Invensys Plc and Matrimony.com. She was awarded the 100 HR Super Achievers (India) by Times Ascent and World HRD Congress 2018.
Ravi is the CEO of Northern Arc Investments and has over 13 years’ experience in credit investing, risk and fund management. Prior to joining Northern Arc, he was working in credit and rates assessment as part of the Fixed Income investment team at Invesco Mutual fund. His capital market experience also includes stints with companies such as Bharti AXA Investment Managers, JM Financial Ltd, and Merrill Lynch. Ravi is a Chartered Financial Analyst (CFA Institute) & Financial Risk Manager (GARP) and holds a Post Graduate Diploma in Finance from NMIMS (Mumbai), Masters in Management & Information Systems from Virginia Tech (US) & Bachelor of Chemical Engineering from University of Mumbai. An avid sports enthusiast, Ravi can usually be found chasing goals on the football pitch.