Founders & Board Room

Behind every successful company is a team that is passionate about the work they do and the people they serve.

Founders


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Mr. Kamlesh Gandhi

Founder

He is Founder, Chairman and Managing Director of the Company. He is a proficient and experienced industry practitioner with a brilliant track record. He has more than two decades of experience in managing the Company’s growth. He manages the Company with the guidance and support of the Board. His understanding and vision is among the key enablers for the consistent performance of the Company. He is also the Director of Finance Industry Development Council (FIDC).

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Mr. Mukesh Gandhi

Co-founder

Shri Mukesh Gandhi (October 20, 1957 – January 19, 2021) was the Whole time Director & CFO of the Company and played an important role in bringing the Company to its present level from a humble beginning in the year 1995, based on very strong fundamentals. He was filled with positivity, enthusiasm, zeal, kindness and pragmatism. During the course of his entrepreneurial mission, he had set a number of revolutionary precedents. The Company had and is immensely benefitted from his vision and vigilance. Further he was a well-known industry expert and a popular public speaker on various issues on Finance.

Board of Directors


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Mr. Kamlesh Gandhi

Chairman & Managing Director

He is Founder, Chairman and Managing Director of the Company. He is a proficient and experienced industry practitioner with a brilliant track record. He has more than two decades of experience in managing the Company’s growth. He manages the Company with the guidance and support of the Board. His understanding and vision is among the key enablers for the consistent performance of the Company. He is also the Director of Finance Industry Development Council (FIDC).

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Mrs. Darshana pandya

Director & CEO

She is responsible for leading the operations at MAS and also the relationship of the company with its more than 90 NBFC-MFI & NBFC Partners. She is a commerce graduate who joined the company in 1996 as a junior executive and through her hard work, immaculate working and determination to excel, accompanied by enabling support from the management; rose to the level of Director.

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Mr. Dhvanil Gandhi

Director

Mr. Dhvanil Gandhi holds the extensive experience of more than 10 years in the Company. He has been engaged in key roles alongside the core team of MAS . During his association, he has developed the SME lending vertical of the company through its branches across India and also involved in the insurance business, especially for the captive borrowers and the company has also applied for the insurance broking licence under his leadership to cater to larger spectrum of the customers thereby being catalyst in increasing the much-needed insurance penetration in the county. Mr. Dhvanil Gandhi holds a Bachelor’s degree in business administration from prestigious Ahmedabad University – Ahmedabad. He has obtained postgraduate degree from a very renowned institute namely ISB (Indian School of Business – Hyderabad). During his curriculum, he has participated in programmes at Kellogg School of Management, Northwestern University – USA, and IE Business School at Madrid, Spain. He had also attended the summer training programme on Strategic Management at LSE – London School of Economics and a programme on Cross-Cultural Communication & Management at NUS – National University of Singapore.

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Mr. Umesh Rajnikant Shah

Independent Director

He is a Chartered Accountant. He has more than 35 years of experience in the diverse fields connected with Finance, Accounting, Auditing and Taxation. He also has 5 years hands-on experience of working in an NBFC.

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MRS. DAKSHA NIRANJAN SHAH

Independent Director

She is a business graduate from Indian Institute of Management (IIM), Ahmedabad, specialising in Finance and Marketing and also a student of Economics and Statistics. She has rich experience of more than three decades in diversified fields of Textile, Chemical and Financial services. She has undergone various courses such as the course in Microfinance at the Economic Institute, Boulder, Colorado, USA.

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MR. NARAYANAN SADANANDAN

Independent Director

He has vast experience of 4 decades in all facets of banking, expertise in Fund Management, Investment Banking, Correspondence & International Banking, Corporate, Commercial and Retail (including MSME) banking. He was an Advisor - Equity Capital Market, SBI Capital Markets Ltd and Ex MD & CEO - SBI Pension Funds Private Ltd.
Currently, he is also an Independent Director in Allied Blenders and Distillers Ltd and a Senior Advisor, Modulus Alternative Investment Management Ltd.”

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Mr. Vishal Vasu

Independent Director

Mr. Vishal Vasu is a certified technology specialist on Microsoft platforms and carries a diploma of Management in E-Business. He is holding a rich experience and expertise in the field of IT Industry with a focus on Research & Development activities, innovative ecosystem, Information Technology function, architecture designs, software technology, and cybersecurity, fortifying project development and propelling business growth. He is having over 2 decades of expertise in systems engineering, software development, and information management. His accolades as a certified technology specialist on Microsoft platforms and a certified Cybersecurity Expert attest to his unwavering commitment to excellence.
He is currently associated with Dev Information Technology Limited and MINDDEFFT Technologies Private Limited as a Director on the Board of the Companies. He is a frequent speaker, publication contributor and an avid blogger on information technology. His articles have been published in a variety of publications.

Board Committees


AUDIT COMMITTEE

  • Mr. Umesh Shah – Chairman
  • Mrs. Darshana Pandya – Member
  • Mrs. Daksha Shah – Member
  • Mr. Narayanan Sadanandan - Member

NOMINATION AND REMUNERATION COMMITTEE

  • Mrs. Daksha Shah – Chairman
  • Mr. Umesh Shah – Member
  • Mr. Narayanan Sadanandan - Member

STAKEHOLDERS RELATIONSHIP COMMITTEE

  • Mr. Narayanan Sadanandan - Chairman
  • Mrs. Darshana Pandya – Member
  • Mr. Umesh Shah – Member

RISK MANAGEMENT COMMITTEE

  • Mr. Umesh Shah – Chairman
  • Mrs. Darshana Pandya – Member
  • Mrs. Daksha Shah – Member

CORPORATE SOCIAL RESPONSIBILITY COMMITTEE

  • Mrs. Daksha Shah – Chairman
  • Mrs. Darshana Pandya – Member
  • Mr. Umesh Shah- Member

Corporate Advisory Committee


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Dr. Rajiv Kumar

Former Vice Chairman of
NITI Aayog

Government of India's apex think tank, with the rank of a cabinet minister. He is the Founding Director & current Chairman of Pahle India Foundation - a public policy think tank. He also served as an independent director on the Central Boards of the Reserve Bank of India and the State Bank of India.

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Mr. TT Srinivasaraghavan

Chairman Emeritus of FIDC & Retired MD of Sundaram Finance Ltd.

He has over 40 years of experience in the banking and financial services sector and has been associated with leading trade related organisations. He has been involved with various Committees constituted by the RBI on NBFC related matters, including the recently constituted Group of Advisors to Regulations Review Authority.

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Mr. U.S. Paliwal

Secretary General, CCA and CEO of the Association of Small Finance Banks of India.

He is Former Executive Director of Reserve Bank of India and Former Director of Bank of Mauritius. He was Nominee Director on the Boards of three PSU banks in India.

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