LOLC India Finance

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Meet Our Team

Board of Directors

Leadership
is an action,
not a position

Prashant Thakker

Prashant Thakker is an entrepreneur and intrapreneur with 27 years of experience. He is the Country Head for LOLC Group and MD & CEO of LOLC India Finance Pvt Ltd. Previously, he launched Centrum Microcredit Limited, which merged into Unity Small Finance Bank. Prashant founded ProGro Ventures in 2016, offering strategic consulting to financial institutions. He has also held key roles at Standard Chartered Bank, including Global Head for Microfinance, overseeing $2B investments across 22 countries.

Conrad Dias

Conrad Dias, former Group CIO and Director of LOLC Holdings Plc., co-founded iPay and led LOLC Finance Plc. With 30 years of expertise in trading, banking, finance, asset management, and manufacturing, he has shaped the IT and financial sectors. A Fellow of CIMA, BCS, and CMA Sri Lanka, he holds a Master’s in Business Administration from the University of Leicester. Recognized for his contributions, he won the CSSL CIO of the Year, 2016, the Professional Excellence Award (2017), and was inducted into the Global CIO Hall of Fame, 2020.

Dulip Rasika Samaraweera

Mr. Samaraweera is a Director of LOLC (Cambodia) Plc. He holds a Degree in Physical Sciences specializing in statistics from the University of Sri Jayewardenepura. Also, he is a passed finalist of the Chartered Institute of Management Accountants (UK). In 2004, Mr. Samaraweera began his career in investment research and joined the LOLC Group 3 years later. Furthermore, he serves as a director of LOLC Myanmar Microfinance Limited. He has acquired a variety of experience and professionalism in financial management, process improvement, strategic planning, investments and acquisitions.

Committed to
decisions Flexible
in approach

A Ramanathan

Mr. A Ramanathan is qualified as a MBA and holds degree as BA- Economics. He has almost 15 years of experience in the NBFC industry. He holds 30+ years experience in various positions in NABARD and has retired as the CGM- Microcredit Innovations Department, NABARD. Currently, he is on the board of various NBFCs, including NBFC-MFI.

Management Team

Impact
comes from
actions, not
words.

Prashant Thakker

Prashant Thakker is an entrepreneur and intrapreneur with 27 years of experience. He is the Country Head for LOLC Group and MD & CEO of LOLC India Finance Pvt Ltd. Previously, he launched Centrum Microcredit Limited, which merged into Unity Small Finance Bank. Prashant founded ProGro Ventures in 2016, offering strategic consulting to financial institutions. He has also held key roles at Standard Chartered Bank, including Global Head for Microfinance, overseeing $2B investments across 22 countries.

C M Balasubramaniam

Mr. C M Balasubramaniam comes with a Financial & Marketing Background with 26 years of handling senior Management Positions in Leading Private Banks like HDFC Bank, IDFC First Bank ,Centurion Bank, DCB Ltd, NBFCs & Leading CA firms. Having a rich experience in the Retail Assets space in setting up and handling Secured & Unsecured Products ,specialization in Sales & Marketing, Credit & Risk, Operations, Business Analytics, Channel Management & distribution, Quality and Process Reengineering, Training and development, Management Reporting, Income Tax & Audits.

Monideepa Sengupta

Monideepa Sengupta is a qualified Chartered Accountant from The Institute of Chartered Accountants of India with nearly a decade of professional experience in the BFSI sector. Her expertise lies in Financial Reporting, Regulatory matters, Taxation, business acquisition and capital markets transactions. She has played a significant role in the execution of private equity deals and other impact fundings during her previous stints. She holds a Diploma in IFRS from ACCA UK.

The World is changed
by your example,
not opinion

Sulbha Jagtap

Sulbha Jagtap is an MMS in Risk and Financial Management from Pune University, and a seasoned credit and risk professional with 25+ years of experience in top banks and NBFCs. She has led credit policy, underwriting, risk analytics, and digital finance across secured, unsecured, MSME, housing, LAP, and microfinance products. Known for shaping robust risk frameworks, driving automation, and leading high-performing teams, she has consistently delivered impactful results across rural to urban markets through strategic alliances and digital platforms.

Priyal Ashar

Priyal Ashar heads the Human Resource function at LOLC India Finance and brings a wealth of expertise in HR Business Partnering, Employee Relations, Talent Acquisition, Employee Engagement, Talent Management and Performance Management. With over a decade of experience in Human Resources, her career spans significant roles at leading private sector banks including a 6.5+ years at Yes Bank and 3 years at HDFC Bank. She started her career working with Conjoin Consultancy. Priyal has completed MBA in Human Resources from Oriental Institute of Management, Mumbai University and is a Commerce graduate from K.J Somaiya College of Arts & Commerce, Mumbai.

LOLC Group

Always
stronger
T.O.G.E.T.H.E.R

Ishara Nanayakkara

Mr. Ishara Nanayakkara, a global entrepreneur, serves on multiple corporate boards. With a strong business background, he entered financial services through a strategic investment in LOLC Holdings PLC, joining the Board in 2002. Under his leadership, LOLC became Sri Lanka’s most profitable conglomerate, pioneering a global MSME platform.

Kapila Jayawardena

Mr. Kapila Jayawardena joined the Board in July 2010 and serves as Group Managing Director & CEO of LOLC Group. With an MBA in Financial Management and 27+ years in banking, he was CEO/Country Head of Citibank Sri Lanka & Maldives for nine years. He has held key leadership roles, including Chairman of the Sri Lanka Banks Association (2003/04) and President of the American Chamber of Commerce (2006/07). A distinguished professional, he serves on multiple LOLC Group boards and has earned numerous accolades.

Sarajika Sunjeevani

Sunjeevani has been the CFO of LOLC Holdings PLC since 2005, overseeing financial management across the group. With 20+ years in financial services, she specializes in compliance, restructuring, M&A, and project management. She has held key roles in insurance, factoring, fund management, and stockbroking. A fellow of CIMA (UK) and CGMA (USA), she also holds an MBA from the University of Colombo.

OUR

Journey

From its origins as Sri Lanka's pioneer in leasing solutions, LOLC Group has evolved into a global conglomerate operating across 26 countries and multiple industries, driven by visionary leadership and a commitment to transformative impact.

LOLC’s journey began by addressing the crucial need for financial accessibility for grassroots entrepreneurs. What started as Lanka ORIX Leasing Company transformed into one of the world's largest multi-currency, multi-geography inclusive finance platforms. Today, the Group leads financial services across Asia, Africa, Central Asia, and Australia, with operations in Singapore, Sri Lanka, Cambodia, Myanmar, Indonesia, Philippines, Pakistan, Zambia, Zimbabwe, Nigeria, Tanzania, Malawi, Egypt, Kenya, Ghana, Sierra Leone, Rwanda, DRC, Tajikistan, Kyrgyzstan, Kazakhstan, Maldives, Mauritius, Australia, UAE and India.

The Group's commitment to UN Sustainable Development Goals, client protection principles, and green financing has earned widespread recognition from Development Finance Institutions globally.

With 220 entities, including 18 listed companies, LOLC Group continues to expand its global footprint while maintaining its core mission of fostering inclusive growth and sustainable development. Through innovation and strategic expansion, the group remains committed to creating lasting positive impact across communities worldwide.

LOLC has expanded its impact beyond financial services into other key growth sectors:

GROUP

Achievements

Group Achivements

Our Edge In Excellence

We continue to uplift lives globally while realigning our business goals and strategies to improve our service standards for you.

LOLC Group
Company
Profitability

$ 66.5 Mn

Asset
Value

$ 5.8 Bn

Global
Footprint

26+ Countries

Gross
Income

$ 1.1 Bn

GROUP

Sectors

GROUP

Structure

Our Presence