Fullerton India

Our Management Team

Shirish Apte

Chairman, Independent Director

Mr. Shirish Apte is serving as Director on several other Boards. Mr. Apte spent over 32 years with Citibank across several countries and geographies. He was Chairman of Citibank Asia Pacific Banking from 2012 to January 2014 before retiring from Citi. Prior to that, he was regional CEO for Citibank businesses in the Central/Eastern Europe, Middle East & Africa, and co-CEO for Citi Asia Pacific. Mr. Apte is also a Council Member of the Singapore Institute of Banking & Finance. He has a Bachelor of Commerce degree from Calcutta University, and a Master of Business Administration degree from London Business School, and qualified as a Chartered Accountant from the Institute of Chartered Accountants England and Wales.

Rajashree Nambiar

Managing Director & Chief Executive Officer

Anindo Mukherjee

Non Executive Director

Sudha Pillai

Independent Director

Milan Shuster

Independent Director

Premod Thomas

Independent Director

Mr. Hong Ping Yeo

Deputy Chairman and Non-Executive Director

Mr. Radhakrishnan B. Menon

Independent Director

Ms. Nambiar is the Managing Director and Chief Executive Officer at Fullerton India Credit Company Limited. In this role, she is responsible for the overall corporate strategy of the company and its subsidiaries - covering Risk, Operations, Technology, Analytics and Digital Initiatives. Prior to joining Fullerton India, Rajashree served as the CEO and Executive Director at India Infoline Finance Ltd, the NBFC arm of the IIFL group. At IIFL Finance, Rajashree successfully developed and executed a long term business strategy focused on diversification of the retail segment into retail housing, commercial vehicles, Gold loans and SME loans; since inception, she has created a robust organisational structure with centres of excellence for core functions, and a strong future leadership pipeline. During her stint in the company, IIFL Finance has shown strong year on year profitability with doubling of the book in a short span of 3 years. Prior to joining IIFL, Rajashree spent 22 years with Standard Chartered Bank within the retail segment where she held various management roles such as Head of Branch Banking, Country Head of Distribution and General Manager - Distribution & Alternate Channels, India & South Asia. Her last position at the Bank was as Head of Retail Products for India & South Asia. Rajashree Nambiar is an MBA from Jamnalal Bajaj Institute of Management Studies.

Mr. Mukherjee has more than 25 years of banking experience. He also heads the Integrated Risk Management function at Fullerton Financial Holdings Pte. Ltd. (FFH), Singapore. Prior to joining FFH, Mr. Mukherjee was responsible for the Risk Management, Legal and Compliance functions in Fullerton India. Before Fullerton India, he was with Standard Chartered Bank, where he was the Regional Credit Officer for the Consumer Business in India & South Asia. Mr. Mukherjee has had exposure across a variety of international and private banks, including Bank of America, ABN AMRO Bank and HDFC Bank.

Ms. Pillai, a 1972 batch IAS officer held a number of senior positions in the Government of India and the State Government of Kerala for 40 years. She handled the Industry and Finance portfolios for nearly twenty years. In the Centre, she worked in the Ministries of Industry, Corporate Affairs, Labour and Employment. She contributed notably to reforms in Industrial and Foreign Direct Investment policies as also in formulating the National Skill Development Policy. In Kerala, as Principal Secretary Finance she worked to achieve enhanced developed outcomes, coupled with efficient fiscal management. Earlier as CMD, Kerala Finance Corporation she dealt with project financing to SMEs. Her last assignment was as Member Secretary (in the rank of Minister of State), Planning Commission, Government of India. She is currently Director on the Boards of Jubilant Life Sciences and International Travel House Ltd.

Dr. Shuster, is a professional with decades of experience in the banking sector. He is currently Chairman of the Audit Committee at Bank Danamon Indonesia. He served at Asian Development Bank, ING Bank, National Bank of Canada, Nippon Credit Bank in various capacities. After working as the President and CEO of P. T. Bank PDFCI, he served Bank Danamon Indonesia in various capacities. He became its president and CEO and later its Independent Commissioner. He has also served many other entities in Directorial and advisory capacities. He holds Ph.D. in International Economics and Law from University of Oxford. He also holds Master of Law from London School of Economics and Bachelor of Business Administration from Ivey Business School.

Mr. Premod Thomas is currently the MD and Head of Corporate Strategy at Clifford Capital Pte Ltd., a specialist project and asset-backed finance company in Singapore. He is concurrently the Founder and CEO of Capital Insights Pte Ltd, an investment holding company which focuses on private investment and strategy consulting. He serves as Independent Director and Member of the Audit & Risk Committee of Singapore-listed Mapletree Commercial Trust Ltd, Independent Chairman of the Investment Committee of MGSA Private Trust and Independent Director of Gemstone Asset Holdings Pte Ltd in Singapore. Prior to this, he held Senior Positions in Finance and Banking with Temasek Holding Ltd, Standard Chartered Bank, and Bank of America. Mr. Thomas holds an MBA from the Indian Institute of Management, Ahmedabad (PGDM), and a Bachelor of Commerce Degree from Loyola College, Chennai.

Mr. Hong Ping Yeo, is the Deputy Chairman and Non-Executive Director of our Company. Mr. Hong Ping Yeo comes with more than 20 years of work experience in financial services. He is President at Fullerton Financial Holdings Pte. Ltd (FFH). He oversees building FFH’s franchise and is responsible for developing growth through strategic investments and partnerships. In his role, he also manages the Finance, Treasury and Legal Functions of our Promoter, Fullerton Financial Holdings Pte Ltd. Before joining Fullerton Financial Holdings Pte Ltd., he was the Managing Director of J.P. Morgan and was responsible for its overall investment banking business in Singapore. He also served as a member of the Senior Management Committee of J.P. Morgan Singapore and member of Board of J.P. Morgan (SEA). He previously held other senior appointments including Head of Real Estate Investment Banking and Head of Corporate Finance in Southeast Asia.

Mr. Radhakrishnan B. Menon is a post graduate in Human Resources management from the Tata Institute of Social Sciences, Mumbai. He has a wide range of experience and accomplishments in Human Resources with Best-in-class global organizations such as GE, Cadbury, Bausch & Lomb and Hindustan Unilever. He led the HR function in strategic and leadership roles across diverse businesses, categories, cultures and geographies.

In September 2007, he found LBW (Leadership in Business Worldwide) Consulting Pvt. Ltd, a distinctive Leadership Development consulting firm. Prior to, he was Executive Director-HR & Corporate Communications for Cadbury Indian Subcontinent. Since 2007 he continued to serve the Board of Cadbury and later on at Mondelez India as an Independent Director. He also served the Board of reputed organizations.

Presently, as MD of LBW, he continues to actively consult, coach & advise varied and diverse organizations in the areas of OD, Strategic HR and Leadership Development across India and overseas in Middle East, UK, Far East and South Asian countries.

He is a Professional Certified Coach (PCC) of International Coach Federation (ICF) and is a co-author of the book “Coaching in Asia - the First Decade”.

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