Board Of Directors


Renana Jhabvala

Chairperson


Renana Jhabvala is an Indian social worker, best known for her long association with SEWA (Self Employed Women’s Association). She has been active for decades in organizing women into trade unions in India. She is currently the Chairperson of SEWA Bharat and the national coordinator of SEWA.

A Padma Shri awardee, she has represented SEWA at the International Labour Organization (ILO) and other international forums. She was also instrumental in forming HomeNet South Asia and has been one of the founders of WIEGO (Women in Informal Employment: Globalizing and Organizing). She has been active in many Government committees and task forces in India which have formulated a wide range of policies, National Policy for Urban Street Vendors in India, being a key one.

A Padma Shri awardee, she has represented SEWA at the International Labour Organization (ILO) and other international forums. She was also instrumental in forming HomeNet South Asia and has been one of the founders of WIEGO (Women in Informal Employment: Globalizing and Organizing). She has been active in many Government committees and task forces in India which have formulated a wide range of policies, National Policy for Urban Street Vendors in India, being a key one.

Manish Thakkar

Director


Manish Thakkar is a qualified chartered accountant and cost accountant. He is currently working with RNT Associates Pvt. Ltd. and has been associated with prestigious institutions viz. Nomura, ICICI Securities Ltd., KPMG India Pvt. Ltd and Infin Equity Services Private Ltd.

He has around 23 years of experience in M&A, capital structuring, project financing, IPO advisory services, bought-out deals and valuation of companies/ businesses across a wide spectrum of sectors like pharmaceuticals, chemicals, infrastructure, textiles, steel, plastic processing, leisure and tourism among others. He also co-founded a platform for underwriting of real estate apartment sales in partnership with promoters of Net Ambit, a platform for distribution of financial products and real estate.

Manjiree S. Jaitly

Nominee Director


Manjiree S Jaitly serves as Senior Vice President – Strategic Investments, HDFC bank. She has been instrumental in leading the HDFC’s investment in HDFC Credila, among other investments. In addition to working on the investment portfolio of HDFC, Manjiree has handled a few innovative fund-raising transactions at HDFC, including the first masala bond issue in the country and some hybrid structures.

Manjiree is a chartered accountant by profession, a certified public accountant and a chartered financial analyst.

Sanjay Kaul

Independent Director


A development policy analyst, author, and former IAS officer, Sanjay Kaul has over four decades of rich and professional experience in both the government and the private sectors. During his long tenure as a civil servant, Kaul worked at senior positions across several development sectors. Kaul worked in the Indian Administrative Service (IAS) for 28 years (1979-2007) before taking up a leadership position as MD & CEO of National Commodity Management Services Limited (NCML) (2008-19) and later as company Chairman (2019-21). Under Kaul’s stewardship, NCML, a part of the Canada-based Fairfax group, grew ten-fold to becoming a leading agri-business company.

In recent years Kaul’s interest has shifted to policy advocacy in public health, school education, food and nutrition, livelihoods, urban planning and housing. Kaul continues to support to several not for profit organizations and also supports government public policy initiatives as part of committees and advisory groups.

Kaul is chairperson of the Early Childhood Care and Education (ECCE) Task Force set up by the Government of India. He is also a member of the Karnataka Government’s Education Commission. Kaul is also an Independent Director at SEWA GRIH RIN Ltd. (SGRL), an affordable housing finance company as well as an Independent Director at DIGIGRAIN SOLUTIONS an agri-business entity. Kaul serves as a Trustee of the UN’s World Food Programme (WFP) Trust in India and a Trustee of the Karnataka Health Promotion Trust (KHPT). He also serves on the Managing Committee of several DPS schools. Kaul works actively with Mobile Creches, a leading child-rights NGO, on which he has served as its Chairperson (2014-17) and continues on its Governing Council and presently serves as its Treasurer.

During Kaul’s long tenure in the IAS, he led challenging assignments across development and social sectors, including working in the Prime Minister’s Office and serving in various capacities in the Karnataka Government including Chairman Bangalore Water Supply and Sewerage Board, Commissioner (Health), and Secretary (School Education). Kaul’s last assignment with the government was as Joint Secretary, Government of India, where he headed the Food Policy and FCI division.

A post-graduate in Economics from the Delhi School of Economics, Kaul began his career as a college lecturer in Economics (1976-78) at the University of Delhi and has retained his interest in academics and writing. His book, “An Alternative Development Agenda for India”, has recently been by published by Routledge, the reputed UK publishing house. Kaul is a columnist in leading print and online publications on public policy issues.

Anirudh Sarda

Nominee Director


Anirudh currently works as an Equity Officer at Oikocredit Ecumenical Development Cooperative Society U.A and leads the equity strategy in India. He is responsible for managing the equity portfolio and assessing new investment opportunities in financial inclusion and agriculture sectors.

He accumulates 11 years of experience in private equity, investment banking and project finance across several countries and sectors. An Indian national, Anirudh is a CFA Charterholder and an MBA in Finance from IMT, Ghaziabad.

Lise Lindback

Nominee Director


Ms. Lise Lindback is having 25 years of experience from asset management and financial markets in different positions, buy side and sell side. Lise joins Nordic Microfinance Initiative (NMI) after nearly 12 years at Norges Bank Investment Management (NBIM), the organization responsible for the management of Norway’s sovereign wealth fund. Through her role as NBIM’s Global Head of Investment Advice, Lise headed up NBIM’s work on strategy development focusing on questions related to the investment universe, asset allocation and the overall investment framework.

Lise holds a Master’s in Economics and Business Administration, Finance and International Strategy, from the Norwegian School of Economics (NHH). With a strong background in global investment management spanning over two decades, Lise has previously held positions at Vital Forsikring ASA, SEB, The Norwegian Ministry of Finance, and the Royal Norwegian Embassy, Lusaka, Zambia. From 2009 to 2017 Lise served as a member of the board of CARE Norge and since June 2021 has held a board seat at Alpha Corporate Finance.