Founder & Chairman
Managing Director
Alternate Director to Mr.Satyanand Sinha Chunduri
NRI Director
Nominee Director (Motilal Oswal)
Director (Non-Executive & Independent)
Director (Non-Executive & Independent)
Nominee Director (Accion)
Director (Non-Executive & Independent)
Additional Director (Non-Executive & Independent)
Additional Director (Non-Executive & Independent)
Mr. VGK Prasad is a veteran in the Vehicle Finance business. He founded IKF in 1991 and has partnered with industry giants such as BHPC (Bureau of Hire Purchase and Credit) of TELCO, HDFC Bank, Sundaram Finance, etc. He has served as the President of Krishna District Auto Financiers Association & Federation of Indian Hire Purchase Associations (FIHPA), the apex body of Asset Financing Companies. Apart from IKF Finance, he has promoted IKF Home Finance, the subsidiary of IKF Finance.
Ms V Indira Devi, one of the core promoters of the company, has been in the Vehicle Finance space for over three and a half decades. She has been instrumental in the growth of IKF Finance.
Ms. Devi has promoted IKF Home Finance Limited (formerly IKF Financial Services (P) Limited), which got CoR from NHB in April 2016, and IKF Infratech (P) Limited.
Equipped with a BE (Electronics & Communications) and an MBA (Global Management) (USA), Ms K Vasumathi Devi has been associated with the company for the past 15 years. She leads the overall vehicle financing business and specifically focuses on credit, systems, and technology.
She expanded IKF Finance to western and central India and has undertaken upgradation of IT infrastructure and automation of various processes.
She has prior experience of over 10 years in IT and Telecommunications in the US.
Ms. Vasantha Lakshmi has been associated with the company for the past 10 years. She oversees all aspects of the Housing Finance Business.
Previously, she managed operations for IKF Finance in select states. She has vast experience in coordination and administration roles at a US pharmacy chain.
A specialist in Diagnostic Gastro Entrology, engaged as a medical professional for last 35 years in the US, Dr. Sinha is an NRI Director of the Company. Besides being a medical professional, he is associated with several medical institutions in the US, as consultant and director.
He also holds the position of Directorship in Amara Raja Power Systems (P) Limited, an associate concern of Amara Raja Batteries Limited.
Mr. S. Veerabhadra Rao is a post-graduate in Science and a veteran in the finance business with three decades of rich experience in the fields of vehicle finance and management.
Currently, he is the Managing Director of SVR Finance & Leasing (P) Limited. He has served as the President of the Krishna District Auto Financiers Association and has been a Member of the Governing Council of Federation of Indian Hire Purchase Associations for two consecutive terms.
Mr. K Satyanarayana Prasad is a qualified BE(Civil), MIGS. He has more than three decades of experience in the field of Civil Engineering and has served the Government of Andhra Pradesh for over two and half decades, in various capacities. He has been instrumental in planning, designing, and executing various prestigious projects in Andhra Pradesh.
Mr. Nageswarao Rao has got 35+ years of experience in banking and financial services sector with domain experience in Credit, Treasury, forex management and Information technology. He has served as executive director in Vijaya bank, Bank of Maharashtra and Syndicate banks and he was instrumental behind these banks in flourishing their business and profitability. He hold Bachelor’s degree in Commerce and is a Certified Associate Institute of Bankers (CAIIB).
Abhishek Agrawal is Managing Partner for Accion Digital Transformation Fund (ADTx) based out of Mumbai, India. In his earlier role, he was Chief Regional Officer (CRO) for Accion in the Asia region. Abhishek has served on numerous boards and currently serves on the board of Annapurna MFI & IKF Finance. Abhishek comes with extensive experience investment, governance, strategy & business planning, and microfinance operations. Abhishek had made several investments & exits in financial inclusion for Accion and likes to work with entrepreneurs in taking the companies to scale.
In earlier roles, Abhishek worked with FINCA International as CFO and before that acted as an advisor to the Institute of Chartered Accountants (ICAI). Abhishek is a social change maker and Aspire Fellow; he is a Ph.D. in Municipal financial reforms and Chartered Accountant (FCA) from ICAI. He is very passionate about digital financial & MSME inclusion.
Mr. Sethuraman Ganesh is a former Principal Chief General Manager of Reserve Bank of India,with 3 decades’ PAN India experience, including 10 years at senior management level.Currently, he holds the position of Independent Director on the Boards of two systemically important NBFCs- Sonata Finance Pvt Ltd. and Indel Money Ltd. He has also served as a Non-Executive Director on the board of BSS Microfinance Pvt. Ltd. In addition, he is a Member of the Advisory Board of the Infimind Institute of Skill Development LLP.
Mr. Ganesh’s work experience spans NBFC MFI board directorship, RBI Nominee Directorship on the Boards of two public sector banks (UCO Bank and Oriental Bank of Commerce), bank supervision, banking ombudsmanship, RBI regional directorship and Management and Delivery of Training as Principal of the Reserve Bank Staff College at Chennai and Faculty Member at the Bankers Training College at Mumbai. Mr. Ganesh has a Master’s Degree in English from Bangalore University and is a Certificated Associate of the Indian Institute of Bankers (CAIIB). He is a certified trainer in Neuro Linguistic Programming (NLP) and has deep interest in Training, Learning and Development.
Kannan is a seasoned banking professional with extensive experience spanning over four decades. Currently serving as Director (Independent) on the board of Maximus Asset Reconstruction Company Limited in Hyderabad since December 2017, and also contributing as a Member of the Settlement Advisory Committee at Canara Bank.
His notable leadership roles include:
Chairman and Managing Director of Vijaya Bank (2014)
Executive Director of Oriental Bank of Commerce (2010-2013)
Director (Independent) on the board of Canara Robecco Asset Management Company Limited (2016-2021)
Member of the Debenture Trustee Committee at Catalyst Trustee Company, Pune, representing debenture holders during the resolution of Dewan Housing Finance Limited (DHFL)
Director on the boards of SBI Factors and Canara HSBC Oriental Bank of Commerce Insurance Company Limited
Contributions to various banking associations including the Indian Banks Association and the Foreign Exchange Dealers Association of India.
His illustrious banking career began at Bank of Maharashtra, where he ascended from the position of Probationary Officer to General Manager over a span of 34 years.
Kannan has enriched his expertise through diverse training programs and seminars globally, including sessions at Kellogg School of Management, Chicago, and engagements with regulatory bodies like the Financial Services Authority of the United Kingdom.
His educational qualifications include a B.Sc. (Hons) from Bangalore University, a P.G. Diploma in Business Administration from St. Josephs Institute Bangalore, and the CAIIB (Certified Associate of the Indian Institute of Bankers) certification.
A seasoned professional with a proven track record in building and managing profitable businesses, adept at fostering strong franchises and leading large teams across diversified sectors. Possessing extensive knowledge of corporate India, industries, and regulatory frameworks, with over three decades of experience in analyzing and engaging with over 2000 large and mid-sized corporates, financial institutions, regulators, and policymakers.
He is currently engaged with CRISIL Limited as a Senior Advisor Government & Regulatory Relations as an Independent Director in PG Electroplast Limited, TruBoard Partners Private Limited, Dvara KGFS and as a Member of SEBI Market Data Advisory Committee and Expert Committee for MSMEs for the Tamil Nadu Government. He also consults with various multilateral organisations like ADB and World Bank.
His notable leadership roles include:
Receivable Exchange of India (March 2017 – March 2023): Director.
Principal Trustee Company Private Limited (July 2019 – June 2022): Director.
Magma Housing Finance Limited (March 2020 – July 2021): Director.
Piramal Capital & Housing Finance Limited (March 2017 – March 2020): Senior Advisor & Member Advisory Board.
Aspiring Minds Assessments Private Limited (May 2016 – December 2019): Senior Advisor.
CRISIL Limited (March 1992- April 2016): Various roles including President Ratings and Corporate Affairs, President CRISIL Risk & Infrastructure Solutions, Chief Operating Officer.
His educational qualifications include Associate Chartered Accountant, Institute of Chartered Accountants of India, 1991, B. Com (Honors), Hans Raj College, Delhi University, 1988.
Mr. Vinit Mukesh Mehta is a Chartered Accountant and hold a Bachelor's Degree in Commerce from Mumbai University. He brings on board hiss deep experience of raising, investing and returning third party capital across several economic cycles. He has over 15 years of experience in investment banking (Kotak, KPMG), private equity and Corporate Banking (HDFC Bank). Prior to joining MOPE, He was with Kotak Investment Bank where he led and executed 40+transaction and successfully helped raise more than USD 25 bn across M&A, Private Equity and Capital Market fund raises.
Sunil Chandiramani is a Chartered accountant by profession, a qualified Technologist and IT Security specialist as well. He is an Independent Director on the several Listed companies and PE funded organizations such as Ganesh Grains Limited (Board and Audit Committee), Updater Service Pvt Ltd (Board and Audit Committee), Sapphire Foods Limited (Board Chairman, Audit Committee, Stakeholder Committee). He was also on the Board of Jammu & Kashmir Bank (Board, Audit Committee, Nomination and Remuneration Committee, Risk Management Committee, IT Committees, GST Committee) Poonawalla Fincorp Limited (Board, Audit Committee Chair, Risk Management and Stakeholder Committee), and MORE Retail Limited (Board and Audit Committee) an AMAZON and Samara Capital.
Sunil is a Chartered Accountant from Institute of Chartered Accountants of India (1993). He also has his Masters in Systems Management (1991) from National Institute of Information Technology and is also Certified in Risk and Information Security Controls (2010) and Certified Information Security Professional (1995) – from the Information Security and Controls Association, USA. He got his Bachelors in Commerce (1990) from the Sydenham College of Commerce & Economics.
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