- About IIFL Samasta
- Senior Management and KMP
- Board of Directors
- Milestones
- History
- Certification
About IIFL Samasta
IIFL Samasta, an IIFL Group company, is a microfinance institution committed to working towards women’s economic empowerment. Since its inception in March 2008, IIFL Samasta has been providing innovative and affordable financial products to women from unbanked sections in society in both rural and semi urban areas. Today as the organisation caters to 22 states across India, IIFL Samasta with its wide array of responsible financial products and services acts as a catalyst for sustainable and inclusive economic growth.
We are leveraging innovative technology solutions to enable customers to enjoy the benefits of digitisation and we aim to create economic opportunities for all and to improve the standard of living in the communities we serve.
As part of our Corporate Social Responsibility initiatives, Samasta has established financial literacy centers for customers to equip them to make smart financial decisions for a secure future for themselves and their families.
our vision
To be the chosen financial products and services provider backed by technology and passionate human capital.
our mission
To bridge the gap between our customers’ ambition and achievement by providing top-notch financial products and services.
our values
- Integrity always
- Respect for individuals and communities
- Excellence in everything we do
VENKATESH N
Managing Director
Venkatesh is the founder and MD of IIFL Samasta. He has over 20 years of experience in the financial services industry as an entrepreneur. Venkatesh was also the founder of the erstwhile PNV Techno Acquisitions Private Ltd. that marketed financial products, and Affluence Edifice, that provided wealth management services for individuals. Venkatesh holds a Bachelor’s degree in Computer Science and has completed the Harvard Business School-ACCION Program on Strategic Leadership in Microfinance.
SHIVAPRAKASH DEVIAH
Whole Time Director & Chief Information Officer
Shivaprakash co-founded IIFL Samasta in 2008. He leads IIFL Samasta’s technology-led initiatives which includes the setting of comprehensive IT infrastructure to facilitate smooth operations. He also oversees Operations to ensure seamless execution of business strategies. Shivaprakash has over two decades of experience spanning the software and financial services industries. Before co-founding IIFL Samasta, he managed global technology projects for Wipro. Read More
MANOJ PASANGHA
Deputy Chief Executive Officer
Mr. Manoj Pasangha is IIFL Samasta’s Deputy Chief Executive Officer. He has over 28 years of multi-industry work experience ranging from the Australian News Corp to Ansett Airlines. He was serving as the Executive Vice President & COO – SZ of Bharat Financial Inclusion Ltd, which is India’s largest and first public listed MFI. He had also promoted his own hospitality business at Australia.Read More
ANANTHA KUMAR T
Chief Financial Officer
Anantha Kumar is the Chief Financial Officer at IIFL Samasta. In this role, he is responsible for overall budgeting, reviewing and managing operational expenses, and monitoring payroll. Anantha joined IIFL Samasta in May 2016 and has over 15 years of experience across industries such as financial services, steel, garments and IT. His expertise lies in audit, strategy, accounts & finance, treasury, and tax Read More
Vivek Kashyap
Chief Operating Officer
Mr. Vivek Kashyap is the Chief Operating Officer at IIFL Samasta. In this role, Mr. Kashyap leads strategic initiatives aimed at expanding our microfinance footprint into new regions and markets. His expertise lies in driving business growth by implementing cutting-edge processes and technologies, ensuring our operations are streamlined and efficient.
His illustrious career encompasses notable roles at esteemed organizations including Utkarsh Small Finance Bank Ltd, SKS Microfinance Ltd, , Tata Motors Ltd, Swarna Pragati Housing Microfinance, and FINO Ltd.
MANISH AGRAWAL
Chief Risk Officer (CRO)
Mr. Manish Agrawal is the Chief Risk Officer (CRO) at IIFL Samasta. He comes with almost 2 decades of corporate experience ranging over diverse fields of Risk Management, Credit Rating, Treasury, Structured Finance, Strategy & Planning and Risk analytics. In his past assignment, he was instrumental in establishing Risk management framework & Governance structure in a newly established Bank.Read More
RAVI SHAH
Head of Corporate HR & CSR
Ravi Shah is the Head of Corporate HR & CSR at IIFL Samasta. He has joined with over 16 Years of experience in the areas of People Practices, HR Business Partnering and Strategic HR Management, impacting through several initiatives around people management, culture & capability building, productivity, amongst others.Read More
ASHOK KUMAR GOPALASAMY
Head of Business HR
Ashok Kumar Gopalasamy is the Head of Business HR at IIFL Samasta. He brings about 18 years of professional experience, with a significant emphasis of over 14 years of experience in the BFSI sector. His expertise spans across HR functions, including Talent Acquisition, Business Partnering, HR digital transformation, Performance Management and Centre of Excellence development.Read More
GUNASEKARAN LOGANATHAN
Chief Information Security Officer
Gunasekaran Loganathan is the Chief Information Security Officer at IIFL Samasta. In this role, he is responsible for managing data security initiatives, early detection and communication of potential security threats, preventive measures and security roadmaps to ensure efficient risk-free business operations.Read More
MANORANJAN BISWAL
Company Secretary and Chief Compliance Officer
Mr.Manoranjan Biswal is the Company Secretary and Chief Compliance Officer of IIFL Samasta. He is a qualified member of the Institute of Company Secretaries of India (ICSI), a Law Graduate and a Graduate in Commerce. He has more than 8 years of experience in the field of Secretarial, Compliance, Listing, Debt issuance, Legal, managing the compliances pertaining to Capital Infusion and coordination with Regulatory authorities.Read More
VENKATESH N
Managing Director
Venkatesh is the founder and MD of IIFL Samasta. He has over 20 years of experience in the financial services industry as an entrepreneur. Venkatesh was also the founder of the erstwhile PNV Techno Acquisitions Private Ltd. that marketed financial products, and Affluence Edifice, that provided wealth management services for individuals. Venkatesh holds a Bachelor’s degree in Computer Science and has completed the Harvard Business School-ACCION Program on Strategic Leadership in Microfinance.
SHIVAPRAKASH DEVIAH
Whole Time Director & Chief Information Officer
Shivaprakash co-founded IIFL Samasta in 2008. He leads IIFL Samasta’s technology-led initiatives which includes the setting of comprehensive IT infrastructure to facilitate smooth operations. He also oversees Operations to ensure seamless execution of business strategies. Shivaprakash has over two decades of experience spanning the software and financial services industries. Before co-founding IIFL Samasta, he managed global technology projects for Wipro. Read More
GOVINDA RAJULU CHINTALA
Independent Director
Dr G R Chintala has more than 20 years of experience as director of Boards of various Financial, Insurance & Microfinance institutions. Currently, He holds various position of Non- Executive Chairman of a Sugar Group, Independent Director on the Boards of Two NBFCs, Chairman of Research Advisory Committee of ICAR – NAARM (GOI Institution),Read More
KALENGADA MANDANNA NANAIAH
Independent Director
Nanaiah Kalengada was the Managing Director, Equifax Credit Information Services Private Limited for over five years till July’23. He was responsible for providing leadership and oversight for the Credit Bureau in India. Nanaiah has led Equifax to build diversified solutions with exchanges across Retail, Microfinance, Commercial and Fraud Risk management over the years with a unique market position.Read More
Ms. Sistla Uma Shanmukhi
Additional Director (Independent Director)
Smt. Uma Shanmukhi Sistla is a Career banker with 40 years of experience with State Bank of India and Group Companies. At the time of retirement she was in the grade of Chief General Manger in State Bank of India and was heading SBI-SG Global Securities Services Pvt Ltd (SBI-SG) as its MD & CEO. SBI-SG is into providing custody, clearing, fund accounting and other securities services.Read More
Smt. Uma Shanmukhi Sistla began her career with State Bank of Hyderabad in 1983 and joined State Bank of India as a Probationary Officer in 1987. She has wide experience spanning ~40 years, in various areas of Banking, covering Branch Operations, Credit Management, Consumer Banking, SME Finance, International Banking, Training, Research, e-course development, Investment Banking, Investor relations, ALM, Financial Control. She also has exposure to Bank’s International operations, owing to a 2 year stint at SBI’s Frankfurt Branch.
Smt. Uma Shanmukhi Sistla has served as a Whole time Director of SBI Capital Markets Limited for a period of two years and was a Director on the Boards of the group companies viz. SBICAP Securities Ltd, SBICAP Ventures Ltd SBICAP Trustee Company Ltd, SBICAP UK & SBICAP Singapore.
Smt. Uma Shanmukhi Sistla is a Scienc graduate and a Certified Associate of Indian Institute of Bankers. She holds an MBA in Banking and Finance and was also a Certified Financial Planner from FPSB India in 2011.
She takes keen interest in
Capital Markets businesses and was also honoured by Equalifi as one among the “Top 100 Women in Finance” during 2020.
NIHAR NIRANJAN JAMBUSARIA
Independent Director
VENKATARAMAN R
(Non-Executive Director)
He holds Post Graduate Diploma in Management from the Indian Institute of Management (IIM), Bangalore and Bachelor in Electronics and Electrical Communications Engineering from IIT Kharagpur. He has been contributing immensely in the establishment of various businesses and spearheading key initiatives of the Group over the past 24 years. He previously held senior managerial positions in ICICI Limited, including ICICI Securities Limited, their investment banking joint venture with J P Morgan of US and Barclays –BZW. He worked as an Assistant Vice President with G E Capital Services India Limited in their private equity division. He has a varied experience of more than 31 years in the financial services sector.
Our philosophy is to involve the individual and community in creating social change where it is most needed. We believe that by being the catalyst for change and development, we can enable individuals to rise above limiting circumstances and work towards a better quality of life.
The philosophy behind our logo:
Our vision for Samasta (in Sanskrit: all-encompassing) is to involve the individual and community in creating social change where it is most needed. We believe that by being the catalyst for change and development, we can enable individuals to rise above limiting circumstances and work towards a better quality of life. At the core of our logo is the symbolic human figure with an arrow to represent a forward movement of an individual towards development.
The idea of a ‘fractal’ where the same figure is replicated many times represents our belief that this change can be replicated and grows organically from individual to society and further. Here, several individuals come together to support this growth as a group and consequently their entire community. The three concentric circles represent the increasing reach of the organisation to include more members, and the possibility of limitless growth and change. The choice of colors represents warmth and energy.
IIFL Samasta Finance Limited, an IIFL Group company, has been honoured by Smart Campaign for having met all the client protection principles. Smart Campaign is the globally recognized, independent, third-party evaluation that publicly recognizes financial institutions that meet adequate standards of care in how they treat their clients. The campaign enables a financial institution to demonstrate its adherence to the Finance Industry’s Client Protection Principles.
IIFL Samasta is the first financial institution in the FY 2020-21 to have been bestowed with this honour. Along the way, IIFL Samasta has achieved many milestones such as
- A+ CRISIL rating and we are also ISO certified.
We believe in nurturing an innovative environment for our employees leading to new thoughts and new ways of improving Customer Engagement and thereby Customer Delight. We are constantly in the pursuit of socio-economic upliftment of our customers and society at large.
LOREM IPSUM HEADING
Member of B.O.D
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LOREM IPSUM HEADING
Member of B.O.D
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our
vision
To be the chosen financial products and services provider backed by technology and passionate human capital.
our
mission
To bridge the gap between our customers’ ambition and achievement by providing top-notch financial products and services.
our
values
- Integrity always
- Respect for individuals and communities
- Excellence in everything we do