Management Team India

Supported and supervised by the Group Management Team, the management team in India is responsible for the daily management of the operations of Grameen Koota.


Vinatha M Reddy – Founder, Promoter and Chairperson

Vinatha is the founder and Chairperson of Grameen Financial Services. Vinatha began her career as a Montessori teacher and founded a rural-based Montessori school herself, before moving to Bangalore to focus on microcredit and the Grameen Bank model. In 1999, she founded Grameen Koota. She has nurtured Grameen Koota from a project under a not-for-profit entity into a division of a Non-Banking Finance Company (NBFC) which is licensed and regulated by Reserve Bank of India. Vinatha also serves as Trustee for a number of organizations. Vinatha holds a Bachelor of Arts from Osmania University in Hyderabad.

Udaya Kumar – Managing Director-Chief Executive Officer

Udaya joined Grameen Financial Services in 2010 as the CEO. He has close to thirty years of experience in the financial services industry. Prior to joining Grameen Financial Services he was Associate Director at Barclays Bank. Other previous positions include Assistant Manager at Corporation Bank and Assistant General Manager at ICICI Bank, India’s second largest bank. Udaya holds a Bachelor of Commerce from Mysore University as well as Master of Commerce from Dharward University, Karnataka. Udaya is a Certified Associate of the Indian Institute of Banks, as well as a Graduate in Bank Operations and Technology from Vanderbilt University, Tennessee, USA.

B.R. Diwakar – Chief Finance Officer

Diwakar is the Chief Financial Officer at Grameen Financial Services. He has over 20 years experience in the finance field. Previously Diwakar served as the Commercial Head at ACCION International, a leading international microfinance network where he worked on establishing the Individual Lending business. Prior to this position, he was Head-Credit & Risk for Microfinance products at ICICI Bank, the second largest bank of India, where he oversaw all-India operations. Other previous positions include Manager at Small Industries Development Bank of India and Head Products at IFMR Trust. Diwakar is a graduate from Osmania University in Hyderabad with a Masters in Commerce.


Gururaj K S Rao – Head of Internal Audit & Risk Management

Gururaj joined Grameen Financial Services in 2009 and currently serves as the company’s Head of Internal Audit & Risk Management.  Prior to joining the company, Gururaj spent ten years as  Group Internal Auditor of the Yusuf Bin Ahmed Kanoo Group. Based in Bahrain, this is one of the largest & oldest independent, family owned group of companies in the Persian Gulf region. Gururaj holds a Bachelor of Commerce from Bangalore University and is also a Certified Internal Auditor from the Institute of Internal Auditors in Illinois, USA.

Gopal Reddy – Head of Operations

Gopal is the Assistant Vice President of Operations of Grameen Financial Services. Gopal has been a part of Grameen Financial Services MFI since 1999.  He has been involved in various assignments from Operations, Credit Delivery to Grievance Redressal as well as Customers Relation & Recovery Management. Gopal holds a Bachelor of Commerce from V. V. Puram College of Arts and Commerce, Bangalore.

Haridarshini A – Head of Business Analysis

Haridarshini is the Assistant Vice President in Business Analysis at Grameen Financial Services and is heading the business analysis department. She began her career at Grameen Koota in 2003. After her stint at Grameen Koota, she spent a brief period at APMAS before returning to Grameen Financial Services in 2007. She has worked in various departments of Grameen Koota among which MIS, Planning and Monitoring. Haridarshini has a Bachelor of Technology (Electronics & Communication) from NIIT Warangal, Telangana.

Arun Kumar B – Head of IT & New Initiatives

Arun is the Head of IT & New Initiatives at Grameen Financial Services since 2010. Arun began his career at Infosys Technologies Ltd. as a Software Engineer. He has also worked in the Service Quality team at Barclays Bank where he has helped the bank to set up its customer relationship management (CRM) system, strategy and processes in retail banking, led process improvements from customer perspective and managed customer research initiatives. Arun is an alumnus of Anna University, Chennai, with a Bachelor of Technology. He also holds a Post Graduate Diploma from the Indian Institute of Management, Indore.

Anshul Sharan – Head of Product Operations

Anshul is the Head of Product Operations at Grameen Financial Services. Anshul began his career as an Associate Consultant at the international consulting firm Capgemini. He then went on to become the Assistant Vice President at Indxx Capital, an international indexing and research company, before joining the company in 2012. Anshul holds a Bachelor of Technology from the Indian Institute of Technology, Mumbai. He is also an alumnus of the Indian Institute of Management, Indore, with a Post Graduate Diploma in Management.

Srivatsa H.N. – Head of State (Karnataka & Tamil Nadu Operations)

Srivatsa is the Head of State for the operations in the regions Karnataka & Tamil Nadu. Prior to joining Grameen Financial Services in 2002, Srivatsa completed a long career at the NGO Bharath Swamukethi Samsthe. He has vast experience in managing various functions like audit, training, process improvement and has experience in different divisions of microfinance like business loans and group based loans in different geographies of the country. Srivatsa completed his graduation from Bangalore University.

Kallol Chatterjee – Head of State (Maharashtra Operations)

Kallol is the Head of State (Maharastra Operations) at Grameen Financial Services. Kallol began his career at SBI Home Finance Limited. Prior to joining the company in 2010, Kallol held several positions including,  General Manager at IDBI Home finance Limited, Retail Assets Manager at Oriental Bank of Commerce and Area Officer at Ashok Leyland Finance Limited. Kallol holds a Bachelor of Civil Engineering from Nagpur University. He also completed the Senior Management Programme at the Indian Institute of Management, Lucknow. Kallol is also a Fellow of the Institution of Valuers, New Delhi.