Mr VGK PrasadFounder & Chairman

Mr. VGK Prasad is a veteran in the Vehicle Finance business. He founded IKF in 1991 and has partnered with industry giants such as BHPC (Bureau of Hire Purchase and Credit) of TELCO, HDFC Bank, Sundaram Finance, etc. He has served as the President of Krishna District Auto Financiers Association & Federation of Indian Hire Purchase Associations (FIHPA), the apex body of Asset Financing Companies. Apart from IKF Finance, he has promoted IKF Home Finance, the subsidiary of IKF Finance.

Ms V Indira DeviWhole Time Director

Ms V Indira Devi, one of the core promoters of the company, has been in the Vehicle Finance space for over three and a half decades. She has been instrumental in the growth of IKF Finance.

Ms. Devi has promoted IKF Home Finance Limited (formerly IKF Financial Services (P) Limited), which got CoR from NHB in April 2016, and IKF Infratech (P) Limited.

Ms K Vasumathi DeviManaging Director

Equipped with a BE (Electronics & Communications) and an MBA (Global Management) (USA), Ms K Vasumathi Devi has been associated with the company for the past 15 years. She leads the overall vehicle financing business and specifically focuses on credit, systems, and technology.

She expanded IKF Finance to western and central India and has undertaken upgradation of IT infrastructure and automation of various processes.

She has prior experience of over 10 years in IT and Telecommunications in the US.

Ms. Vasantha LakshmiAlternate Director

Ms. Vasantha Lakshmi has been associated with the company for the past 10 years. She oversees all aspects of the Housing Finance Business.

Previously, she managed operations for IKF Finance in select states. She has vast experience in coordination and administration roles at a US pharmacy chain.

Dr. Sinha S. ChunduriNRI Director

A specialist in Diagnostic Gastro Entrology, engaged as a medical professional for last 35 years in the US, Dr. Sinha is an NRI Director of the Company. Besides being a medical professional, he is associated with several medical institutions in the US, as consultant and director.

He also holds the position of Directorship in Amara Raja Power Systems (P) Limited, an associate concern of Amara Raja Batteries Limited.

Mr S Veerabhadra RaoDirector

Mr. S. Veerabhadra Rao is a post-graduate in Science and a veteran in the finance business with three decades of rich experience in the fields of vehicle finance and management.

Currently, he is the Managing Director of SVR Finance & Leasing (P) Limited. He has served as the President of the Krishna District Auto Financiers Association and has been a Member of the Governing Council of Federation of Indian Hire Purchase Associations for two consecutive terms.

Mr K Satyanarayana PrasadIndependent Director

Mr. K Satyanarayana Prasad is a qualified BE(Civil), MIGS. He has more than three decades of experience in the field of Civil Engineering and has served the Government of Andhra Pradesh for over two and half decades, in various capacities. He has been instrumental in planning, designing, and executing various prestigious projects in Andhra Pradesh.

Mr. Y Nageswara RaoIndependent Director

Mr. Nageswarao Rao has got 35+ years of experience in banking and financial services sector with domain experience in Credit, Treasury, forex management and Information technology. He has served as executive director in Vijaya bank, Bank of Maharashtra and Syndicate banks and he was instrumental behind these banks in flourishing their business and profitability. He hold Bachelor’s degree in Commerce and is a Certified Associate Institute of Bankers (CAIIB).

Mr. Vinit Mukesh MehtaNominee Director

Mr. Vinit Mukesh Mehta is a Chartered Accountant and holds a Bachelor’s degree in Commerce from Mumbai University. He has over 15 years of experience in investment banking (Kotak, KPMG), Private Equity and Corporate Banking (HDFC Bank).

Before joining MOPE, he was associated with Kotak Investment Bank where he led and executed over 40 transactions and successfully helped raise more than USD 25 bn across M&A, Private Equity and Capital Markets.