Nitin Rao , CEO, InCred Wealth
India has a diverse financial sector that is rapidly expanding, both in terms of established financial services firms' robust growth and new entrants into the market. Commercial banks, insurance firms, non-banking financial companies, co-operatives, pension funds, mutual funds, and other smaller financial institutions make-up the sector. New businesses, such as payment banks, have lately been allowed to be established by the banking regulator, expanding the types of entities that operate in the industry. However, India's financial sector is primarily a banking sector, with commercial banks accounting for more than 64 percent of the financial system's total assets. Nitin Rao, the CEO of InCred Wealth, places a high value on his engineering education and subsequent work on the shop floor at Bharat Forge because it shaped him into a process oriented individual with a structured approach to work, which has served as the foundation for all his work throughout his life.
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Top 10 Leaders in Finance - 2021
Given the humongous population of India, financial services play a vital role in every person's and business' life. The Indian financial services industry is at a very stable condition in recent times. From the Demonetization move by the Government, to the introduction of UPI and the recent Covid pandemic, the financial services market stood strong against the test of time and ensured to offer efficient and timely services to its populace. From a business' point of view, financial services act as a lifeline of companies of all sizes be it startups, SMBs, or large corporate. Post the government's move to allow 100 percent FDI, the financial services market in IndiaBanking, Insurance, Investments, Mutual Funds or any others have flourished at an astonishing rate, and continue to grow till date.
The financial services offered in India are under a strict vigil by the Reserve Bank of India, which is the main regulatory body for all finance and banking related aspects in the country. Although many companies have mushroomed in recent times in the finance sector, many businesses are rendered redundant due to inefficient operations, internal frauds, regulatory conflicts and even not being compliant to the prescribed safety protocols.
In such a scenario, having an expert inhouse who is well versed with all the finance related rules, guidelines, regulatory compliances and other intricacies boosts the company's brand credibility and image. These individuals act as a guiding torch for the entire organization in every aspect of finance related operations, right from introducing new services in a foreign country to handling customer grievances related payments. Not only are they well-versed with the rules & regulations, but are even up-to-date with the various laws pertaining to finance.
In this issue of CEO Insights, we present to you a list of 'Top 10 Leaders in Finance - 2021'. Crafted by a team of excellent CEOs, VCs, industry veterans and the CEO Insights editorial board, this archive recognizes the individuals showing immaculate excellence in the field of finance. These individuals are well aware of the intricacies involved in the finance vertical and go the extra mile to assist business stay way of stormy waters.
Company Logo | Company Management | Company Name | Company Description |
---|---|---|---|
Abhay A Asrani,Co-Founder & Director | Canopi India | Possesses skills in Corporate Banking, Structured Finance, Micro Finance, SME Lending, Venture Capital, Venture Debt, and Fintech | |
Arun Mehta, MD | SBI Capital Markets | With his 34+ years of experience in banking, Arun contributes to diverse financial projects in India and overseas | |
Balasubramaniam Mahalingam,Owner | Sakthi Finance | Holding a Masters Degree in Commerce from Madras University, Balasubramaniam joined SFL as director in 1985 and is a senate member of Bharathiyar University, Coimbatore | |
Jaithirth Rao, Founder | Home First Finance Company | A visiting faculty at IIM-Ahmedabad and University of Chicago and award winner of Ernst & Young Entrepreneur of the Year twice, he has 20+ years of experience | |
Joseph Pillai,National Head - Collections & Debt Service Management Groupilake, Managing Director | Toyota Financial Services India | An excellent professional in Collection & Debt Management, Revenue Assurance, Delinquency Portfolio Management, Risk & Fraud Management, Service Operations & Sales-Service Operations across Banking, Telecom and BFSI verticalsport Development Board for the Printing and Packaging industry in Sri Lanka | |
K K Bajaj,Founder & Emeritus Chairman | Bajaj Capital | With decades of experience in Wealth Management and Financial Services, he is contributing to investment mentorship of a plethora of investors | |
Nagaraja Sirigeri,Director | Karyam Financial Services | With over 15 years of experience in the financial sector, he has worked with ICICI Bank, Canon, ICICI Prudential Life Insurance, and Standard Chartered Bank | |
Nidhi Kasliwal,MD | Kamal Fincap | An industry stalwart with an aim for sustained growth, she has 18+ years of experience in large team leadership, process innovation, and strategy development | |
Nitin Rao,CEO | InCred Wealth | Nitin brings over 30 years of experience on the wealth management side in the Banking & Financial Services space and has taken many initiatives, including helping build customer oriented, pioneering, wealth management businesses for premiere financial institutions in India | |
Ramchandra Vaidya,Executive Director & CEO | MicroBuild India | Ramchandra has topnotch skills in banking, leadership and risk management with excellent success & acheivements in financial mentoring |
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