Inspiring life

M.N. Gopinath
Mr. Gopinath is a career banker who is associated with the banking sector since 1970 when he joined Bank of India as a Probationary officer and served for 25 years, including 5 years at their New York Branch. He gained valuable exposure to all facets of banking including Treasury, International Banking, Merchant Banking, Retail Banking, Rural Banking, HR etc. At New York Branch he served as Vice President - Treasury, Vice President -Operations and Comptroller of US Operations consisting of three branches.

In 1995 he joined ICICI Bank Limited as Senior Vice President in charge of the Mumbai Zone. He is credited with managing the smooth merger of Bank of Madura with ICICI Bank Limited within a brief period of 10 months. He has served as a Nominee Director of ICICI Bank Limited on the boards of ICICI Home Finance Ltd, ICICI Webtrade Ltd and Stock Holding Corporation Ltd. Mr. Gopinath has been a member of the SEBI Advisory Council since 2012.

He started his career as a Tutor in Loyola College, from where he got his B.Com degree in 1968. He has also done his MBA from Madras University and is a Certified Associate of the Indian Institute of Bankers (CAIIB). He lives in Mumbai.


Udaya Kumar
Managing Director & Chief Executive Officer

Mr. Udaya Kumar, who oversees all the activities of Grameen Koota, has been the main architect and driving force for the overall success and growth of Grameen Koota since 2010. A veteran banker with over 25 years of experience, Mr. Udaya Kumar worked with Corporation Bank for 10 years, ICICI Bank for over 12 years and Barclays Bank Plc. for 3 years. Mr. Kumar has immense exposure to all banking sector operations, including rural, agri and micro-banking fields. In the course of his banking career, he has successfully implemented Six Sigma Quality Initiatives, Five-S principles for workplace management and ISO Standard. Mr. Udaya Kumar holds a Master’s degree in commerce, CAIIB from the Indian Institute of Bankers and is also a graduate in banking operations and technology from BAI, USA.


Paolo Brichetti
Investor Director

Paolo Brichetti, CEO of CreditAccess Asia NV that focuses on starting and development of Microfinance Institutions (MFIs) whose mission is to provide microcredit and other financial services to low income people in India, Indonesia and the Philippines. With professional background in finance, Brichetti has served as the Managing Director of CTM Altromercato, Advisor of Council of Europe and has served as the President of Microcredit Scrl, MicrocreditCoop, and the European Fair Trade Association. He has also been on the Boards of MV Microfin (MicroVentures India), and Equitas Holding Pvt Ltd. Currently, he is also the President Commissioner at PT. Bina Artha Ventura.


Sumit Kumar
Investor Director

Sumit Kumar is an Executive Director with Olympus Capital Asia and has over 18 years of experience as a private equity professional and management consultant in India. Throughout his career, he has focussed on financial services, food and consumer goods sectors. Prior to joining Olympus Capital in 2007, he served as a management consultant with the Monitor Group, Boston Consulting Group and Oracle financial services. Mr. Kumar has an MBA from the Indian Institute of Management, Ahmedabad and an engineering degree from the Indian Institute of Technology, Delhi.



Massimo Vita

Investor Director

Mr. Massimo Vita is the Head of the Operations Support Team – Chief Risk Officer at CreditAccess Asia. He is Chairman of the Board for CAA’s two subsidiaries companies in Indonesia and the Philippines and a Board Member of the subsidiary in Vietnam. Mr. Vita is also Chair of the Steering Committee for the Risk Management Initiative in Microfinance (RIM). He has over a decade’s experience in the MFI sector specializing in corporate governance and risk management, establishing Technical Assistance Facilities (TAF), rating & evaluation of microfinance institutions (MFIs), rural and urban microfinance.

Mr. Vita has a Master’s degree in Development, Innovation and Change from the University of Bologna. His work in several institutions in Latin America, South America, Asia and Africa has given him a thorough understanding of the MFI sector.


Anal Kumar Jain
Independent Director

Mr. Anal Jain has over 40 years’ experience in Information Technology, including top management positions in major international and Indian IT Companies such as Wipro, IBM and Sun Microsystems. He also has over 7 years’ experience in the field of Microfinance. He is involved with many activities around entrepreneurship including mentorship at NASSCOM, Charter Member at TiE, and Management Consultancy under the name of Bodhi Consulting where he guides several startup IT companies.

Mr Jain has been Advisor to Sa-Dhan, the National Microfinance Industry Association and was Managing Director of MicroVentures India, a Private Equity fund focused on the Indian Microfinance industry. He also serves on the Boards of several companies such as Sonata Finance Private Limited, Swadhaar FinServe Pvt. Ltd., and Sanghamithra Rural Financial Services.

Mr. Jain holds a Master’s degree in Electrical Engineering from Brooklyn Poly (now part of New York University), New York City, USA, and has a B. Tech. (Hons.) in Electrical Engineering from IIT Kharagpur.


Prabha Raveendranathan
Independent Director

Mr. Prabha is a retired General Manager of Canara Bank and has served on the Boards of Sa-Dhan, a national association of microfinance institutions, as an invitee member along with companies Generacion Eolica India Limited and Esaf Microfinance And Investments Private Limited and still serves in the Boards of a few companies.

He has extensive experience in Commercial Banking both at corporate level and operational level (lending to large Corporates,

MEs, Exports, Agriculture and Micro-Finance sector). He has also headed one of the Mega circles of Canara Bank in Chennai with Board /Managing Committee (MC) level exposure and has experience as the Chairman of South Malabar Gramin Bank in Kerala (then the largest RRB in India bringing about a spectacular turn around in business branch network and technological up-gradation braving many odds including turbulent Trade union practices) where he was instrumental in introducing good governance practices and created a new model among RRBs. Under his leadership, the bank was conferred the National award for being the best bank in financing lending to SMEs and for corporate social responsibility.


Mr. Prabha has wide and deep understanding of Microfinance sector and lending to the poor through SHGs/NGOs and CBOs. He has also served as the secretary for the informal group set up by RBI in 2005 for creating a regulatory framework for the MFI sector.

He has done his M.Sc. in Agriculture and Project Planning and Development Course from the University of Bradford.


George Joseph
Independent Director
Mr. George Joseph is a veteran banker and former Chairman and Managing Director of Syndicate Bank in 2008-09. Prior to that, he had served the bank as Executive Director for two years.

He started his banking career with Canara bank as a Probationary Officer in 1969 and had worked in several branches from Bangalore, Chennai, Kerala, Srinagar, Mumbai to New Delhi. While working with Canara Bank, he was the Chief Executive of the Exchange Company at Bahrain under Canara Bank management.

Joseph was a first rank commerce graduate from Kerala University and a topper among the Indian candidates and 11th in the AIB Examination (London) of the Institute of Bankers, London. He is also a Certified Associate of Indian Institute of Banking and Finance.

He is currently a non-executive independent director at Muthoot Finance and also Chairman and non-executive Independent Director at Wonderla Amusement Park and Resort.


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