Ashish Mehrotra is the Managing Director and Chief Executive Officer of our Company. He also serves as the Non-Executive Chairperson of Pragati Finserv, rural finance arm of Northern Arc Group and is the member of the board for Northern Arc Investment Managers, that houses our Alternate Investment Fund and Portfolio Management Service. Ashish has over 25 years of experience across Retail & Commercial Banking, Wealth Management and Insurance. In his last role, he was the MD & CEO of Niva Bupa Health Insurance (previously known as Max Bupa Health Insurance). Before that, Ashish spent over 20 years at Citibank. He was previously a Managing Director and also the Retail Bank Head for Citibank India. Ashish holds a Master of Business Administration Degree.

Pardhasaradhi Rallabandi is the Group Risk Officer and Governance Head of our Company and oversees risk management and risk mitigation in relation to our Company’s operations. He joined our Company on July 2, 2018. He holds a Bachelor of Technology degree in mechanical engineering from Nagarjuna University and has obtained a post-graduate diploma in management from the Indian Institute of Management, Calcutta. He has been a banker for 21 years, with over 13 years at Standard Chartered Bank. He has also worked at Allahabad Bank, Globsyn Technologies Limited, Global Trust Bank Limited and IDBI Bank. Prior to joining our Company, he was engaged as a senior credit officer at Standard Chartered Bank.

Atul Tibrewal is the chief financial officer of our Company and joined our Company on May 18, 2021. He oversees the financial activities and performance of our Company. He holds a bachelor’s degree in commerce from the University of Calcutta. He is also an associate member of the Institute of Chartered Accountants of India. He has worked as an officer (marketing accounts) at Durgapur Cement Works, a unit of Birla Corporation Limited, and as an assistant manager at Magma Leasing Limited. Prior to joining our Company, he was a senior vice president and head-treasury at Magma Fincorp Limited. He has over 14 years of experience in financial roles.

Saurabh Jaywant is the chief legal counsel of our Company and oversees the legal affairs of our Company. He joined our Company on August 13, 2012. Prior to joining us, he worked at ICICI Bank. He has over 15 years of experience in companies in the financial services sector. He holds a bachelor’s degree in arts and law from the National Law School of India University.

Gaurav is the Chief Technology Officer of our Company and joined our Company on July 18, 2022. In his current role, he is driving technology transformation and spearheading the digital platform initiatives for our Company. Gaurav brings in 23 years of experience in building enterprise products delivering business value for global Asset and Wealth Management firms and venture backed start-ups. He has created impact by partnering with business and building products focused on enhanced client engagement, digitised processes and reduced operational risks. Most recently in his role as Head of Engineering of Stock Broking and eCommerce platform at Dhani, he led the build out of mobile app for retail equity traders and investors. He led eCommerce platform evolution through multiple business pivots. Prior to Dhani, Gaurav was VP Technology at Innoviti Payments Solutions, where he drove the company's operations transformation strategy. Earlier, Gaurav held multiple key positions at J P Morgan Chase Wealth Management and at Goldman Sachs Asset Management technology divisions across 15 years. Gaurav holds a bachelor’s degree in technology from IIT, Delhi.

Sandeep Singh heads the Intermediate Retail business at Northern Arc Capital. Since joining the organisation on August 26, 2020, he has been responsible for leading the Structured Finance and Credit functions. Before Northern Arc, Sandeep held senior leadership positions at India Ratings, where he served as Head – Business and Relationship Management (Large Corporates – West) and Head of Structured Finance. At Northern Arc, in his earlier role, he played a key role in developing Structured Finance products, collaborating with originator partners and investors to design optimal transaction structures. He also oversaw portfolio monitoring of wholesale exposures to NBFCs and managed syndication activities. With over 25 years of experience in the Indian financial services industry, Sandeep brings deep expertise and strategic insight to his current role. He holds a Bachelor’s degree in Mechanical Engineering from North Bengal University and a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad (IIMA).

Ms. Moushumi Mandal joined the Company on February 8, 2024, and was took charge as the Chief People Officer w.e.f. November 01, 2025. A seasoned HR leader with over two decades of diverse industry experience, she brings a strategic blend of insight, empathy, and execution excellence to the organization. Moushumi holds a postgraduate degree in Management (Human Resources) from Mumbai University and a graduate degree in Microbiology. With over two decades of experience across the Exchange, Banking, BFSI, ITES, and Hospitality sectors, she has held leadership roles at the National Stock Exchange of India Limited (NSE), Citibank N.A., and JPMorgan. She brings deep expertise in HR Strategy, Rewards and Benefits, Executive Compensation, Talent Management, and Business Excellence, with global exposure across India, EMEA, North America, and APAC. A firm believer in the power of people as drivers of growth, Moushumi is passionate about fostering inclusive workplaces, leadership excellence, and innovation-driven transformation. She was honored with the BFSI CXO Award – HR Leader, People-Centric Approach by ELETS Awards 2025.

Amit leads the Partnership based Retail lending business at Northern Arc across sectors, including Microfinance, Vehicle Finance, Small Business Loans, Housing Finance, Agri Finance, Consumer Finance, and Digital lending. He also leads the nPOS platform business. He joined Northern Arc in FY '13 to set up and scale the Vehicle Finance sector and led the FI business between FY '17 and FY '20. 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.

Prakash Chandra Panda is the Company Secretary of Northern Arc Capital Limited. He joined our Company on April 1, 2024. He holds bachelor’s degree in commerce from Utkal University and a degree holder in law from Fakir Mohan University. He is an associate member of Institute of Company Secretaries of India and is a junior associate Member of Indian Institute of Bankers. He has more than 15 years of experience in the Secretarial, Legal, and compliance in Listed companies. Prior to joining our Company, he was the Assistant General Manager (Secretarial) of Tamilnad Mercantile Bank Limited from April, 2017 to March 2024

Jagadish Babu Ramadugu is the managing director & chief executive officer of Pragati. He joined our Company on December 1, 2020. His role involves the building of a rural focused and technology enabled retail financial services business. He holds a bachelor’s degree in technology (electronics and communications) from Nagarjuna University and a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad. Prior to joining our Company, he was the managing director and chief executive officer of Vaya Finserv Private Limited from 2015 to August 2020. He has also worked in management and executive roles with Satyam Infoway Limited, Hindustan Coca-Cola Beverages Private Limited, Spencer’s Retail Limited and Asian Paints (India) Limited. Mr. Ramadugu has over 20 years of professional experience. Previously, Mr. Ramadugu was elected as a member on the board of the Microfinance Institutions Network (MFIN), an industry body where he also served as the chair of the credit bureau task force and was member of its self-regulatory organisation committee and the fintech committee.

Bhavdeep Bhatt is the Chief Executive Officer for Northern Arc Investment Manager and overseas our Fund Management Business. He joined our company on May 07, 2024, and holds an MBA degree from Bhavnagar University, Gujarat. Bhavdeep is a veteran in the asset management industry with 25 plus years of experience across Product, Business Development, AIFs and has holistic distribution experience having managed and grown both retail and institutional channels. His tryst with the asset management industry began in 2001 with Kotak Mahindra AMC as part of the sales and product team. He then moved to ICICI Prudential AMC as Head – New Product Development and Communications. From pioneering market penetration strategies to fostering distributor engagement and launching innovative financial products and played a crucial role in shaping the company's path forward. Prior to joining our Company, Bhavdeep was associated with Aditya Birla AMC as the Head of Alternate & PMS Business and was responsible for the P&L of AIF & PMS Portfolio, Real Estate Fund, Passive/Index funds and Gift City Initiatives.