Manoj has over 33 years of working experience and is the currently with the Aavishkaar Group as the Managing Director of Arohan Financial Services Limited – one of the largest NBFC MFI’s active in the 13 low income states of central,east & north east part of India
He started his working career with Modi Xerox in 1988 and then moved into consumer financial services with GE Countrywide in 1995 ,retail banking with ANZ Grindlays in 1997 and retail assets & business development with ABN Amro Bank NV India in 2000.He moved as Head Retail Banking of National Bank of Oman in 2002 looking after Oman,UAE & Egypt.Post that worked as the Chief Operating Officer of the Alhamrani – Nissan Finance company,KSA in 2004 and returned to Oman as the Dy CEO of Ahli Bank SAOG in 2008.He returned to India in Jun’10 as MD & CEO of Intellecash Microfinance Network Company (P) Limited (an Intellecap Group company) in the business of incubating & capacity building of MFI’s in India & overseas.In this job,he led setting up the lending businesses in both the retail & wholesale (this is today a separate company called Ashv) space .In Sep’12, using the parent Intellecap’s structuring skills & backed by Aavishkaar Goodwell,IntelleCash acquired a 56% controlling stake in Arohan
He is a mechanical engineer by graduation from VJTI in 1986, an MBA in Marketing by post graduation from JBIMS in 1988,both from Mumbai University and has tertiary qualifications in insurance from III.He completed the “Strategic Leadership in Microfinance” course from the Harvard Business School,Boston,US in Apr’13 & “Strategy meets leadership” course from INSEAD,France in Aug’19
He is a director on the boards of Arohan, Aavishkaar & Tribetech & Vice Chair of the Group Executive Council at Aavishkaar Group.He has been on the governing board of Micro Finance Institutions Network (MFIN),the microfinance sector Self Regulatory Organisation for 2 terms of 3 years each from 2013.He served as the President/Chair of the MFIN governing board thrice in 2015 & 2019 & 2020
He has played a key role with MFIN on the Code for Responsible Lending (CRL),the RBI MFI deregulation paper and also is the Lead of the Steering Committee of lenders under the Assam MFI Incentive & Relief Scheme’21
