Founder, Managing Director & CEO
Chief Business Officer
Chief Financial Officer
Head-Collections
State Head – AP & Telangana
State Head – Karnataka
National Credit Manager
State Head – Tamil Nadu
Head – Operations
Head-Human Resources
Head – IT & Digital
Head- Legal
Company Secretary
Head – Inbound Sales & Client Relations
Chief Compliance Officer
Head – Audit
Updated 30.04.2026
Founder, Managing Director & CEO
Mr. C. V. Rao is the Founder, Managing Director & Chief Executive Officer of the Company. He brings over 30 years of leadership experience in banking and financial services, with deep expertise in retail lending, portfolio risk management, and building scalable businesses across economic and credit cycles.
He holds an M.Com from Andhra University and an MBA from Osmania University, Hyderabad. Early in his career, he served as a Research Assistant in Finance and Accounting at IIM Ahmedabad, where he also published research in reputed academic journals.
Mr. Rao has held senior leadership roles with leading private sector banks, including ICICI Bank, IndusInd Bank, and ING Vysya Bank (now Kotak Mahindra Bank). At ICICI Bank, he was part of the core team that scaled the mortgage business into a ₹50,000+ crore portfolio, contributing to market leadership. At ING Vysya Bank, he led national portfolios in Agriculture & Rural Banking and Consumer Assets.
Under his founding leadership, the Company has built resilience, strengthened its market position, and continues to focus on sustainable, long‑term value creation.
Chief Business Officer
Shreyas Ramanathan is the Chief Business Officer of our Company. He is a qualified Chartered Accountant and MBA from Asian Institute of Management, Manila with 20+ years of expertise in retail banking and financial services. As CBO of Nivara, he is instrumental in advancing the organization's mission of "Housing for All" by pioneering innovative lending solutions for the unserved and underserved segments of India's informal economy.
With a deep understanding of credit underwriting and portfolio management, and a proven track record of scaling businesses, Shreyas has developed sustainable lending models specifically designed for self-employed professionals and micro-entrepreneurs in EWS and LIG segment of the economy who are first time borrowers. He also oversees collections and asset quality to ensure Nivara maintains the highest standards of responsible lending while expanding access to affordable housing finance across urban and semi-urban markets.
His previous work experience includes building OLA Cabs leasing business from inception to 10,000+ vehicles with zero credit cost and make it the largest capitive leasing company in a record period of time , and managing ICICI Bank's ₹1.25 trillion secured assets portfolio as Policy Head.
His career reflects a consistent commitment to building transformative financial services businesses that serve underserved communities. Shreyas brings expertise in credit policy, risk management, and portfolio optimization. He is driven by the belief that access to home finance is a fundamental right to enable dignified living and sustainable development for underserved communities across India.
Chief Financial Officer
Srinivasan CV is the Chief Financial Officer of our Company. He holds a bachelor’s degree in commerce from University of Madras and is a qualified Chartered and Cost Accountant. He has also successfully completed Accelerated General Management Program (AGMP) from IIM Ahmedabad. As a CFO at Nivara he has played a pivotal role in strengthening the Company’s accounting and finance functions and driving debt and equity raising initiatives. He has contributed significantly to budgeting, liquidity management, and cost optimization, ensuring financial discipline while enabling growth.
He has a career spanning 25+ years of experience in Strategy, Financial planning & analysis, Equity and Debt Fund raising, Finance & Accounts, Treasury, Taxation, Direct assignments/securitization deals, Managing Audits and Investor relations. In his previous assignment, he was a CFO at Chaitanya India Fin Credit Pvt. Ltd for close to 6 years. He brings in a wide variety of experience in traditional, multinational, VC-funded start-up companies in diverse industries such as financial services, manufacturing, IT infra-distribution, Investment company, food services and facilities management.
Head- Collections
Suresh G is the Head of Collections of our Company, His exceptional execution and leadership in this segment have been instrumental in strengthening and driving best in class asset quality for Nivara.
He is a Bachelor of Commerce with over 22 years of sound experience in Risk and Debt management within the Banking and Financial Services sector, Mr. Suresh specializes in Collections and Recovery, Process Improvement, Regulatory Compliance, Cost Control, Credit Operations & Retail Asset Management.
He has consistently demonstrated an exceptional grasp of navigating complex financial landscape and strategizing the recoveries under various buckets and keep a constant check on Asset Quality. Prior to joining us, he has extensively worked in the last two decades with Fullerton India Home Finance, ING Vysya Bank Ltd., Axis Bank, HDFC Bank Ltd.
State Head – AP & Telangana
Venkat Sharma Konduri holds an MBA in Sales and Marketing (Digital Marketing) from IIM Amritsar and brings nearly 24 years of rich experience in sales distribution across home loans, mortgages, and business loans. Mr. Konduri is currently the State Head for Andhra Pradesh and Telangana, spearheading growth and strengthening Nivara’s presence in the region.
He is well-versed in business development, credit, collections, product-based marketing, and business strategies. Over the course of his career, he has worked extensively with Adani Capital, Vistaar Finance, and Karvy Financial Services (now SBFC), where he successfully built businesses from inception to portfolios of several thousand crores in assets under management (AUM).
State Head – Karnataka
Nagesh holds an MBA and brings a strong combination of industry knowledge, leadership, and execution capability to the Company. A founder member of Nivara, Mr. Nagesh is now in his second innings with the Company, spearheading sales for Karnataka. He has been instrumental in driving growth through strong branch expansion and customer outreach, while ensuring operational excellence in the region.
An experienced mortgage professional with nearly 20 years in the banking and financial services industry. He has deep expertise in setting up retail branch networks and distribution channels, and has a proven history of building and scaling mortgage businesses.
Over the course of his career, he has held senior positions at Karvy Financial Services, Aviom India Housing Finance, and IDFC First Bank.
National Credit Manager
Sidharth Vij is a National Credit Manager of the Company. He is a qualified Chartered Accountant, a Certified Associate of the Indian Institute of Bankers (CAIIB), and has completed the Master of Business Finance (MBF) program from ICAI. In addition, he holds an MBA from IIM Raipur. At Nivara, instrumental in strengthening credit approvals with efficient turnaround times and ensuring robust risk management practices. His leadership has significantly enhanced operational efficiency and asset quality.
He is a seasoned finance professional with over two decades of experience in driving strategic credit solutions and risk management in the housing finance business. He has a proven track record of establishing mortgage businesses and has been pivotal in setting up branch networks, developing guidelines for mortgage products, and establishing credit and risk policies.
Over the course of his career, he has been associated with renowned organizations such as ICICI Bank, GE Money, HDFC Bank Ltd., DBS Bank, and India Shelter Finance Corporation.
State Head – Tamil Nadu
Prakash MP is State Head for Tamil Nadu. He holds a Master of Business Administration from Symbiosis Management and brings over 26 years of Extensive Experience in the Banking and Financial services industry, with a strong specialization in home finance and mortgage operations. At Nivara, his expertise would enable establishing and scaling retail branch networks in Tamil Nadu.
He is a seasoned mortgage professional with a proven track record of success across multiple domains, including business development, credit assessment, collections, product marketing, and strategic planning.
Prior to his current role, Mr. Prakash MP has held Senior Leadership positions at reputed financial institutions such as HDFC, HSBC, ICICI, DHFL and India Shelter, His deep industry knowledge and leadership capabilities make him a key contributor to Our Organizational growth and Operational Excellence.
Head – Operations
Erica Gonsalves is Head of Operation of our Company. She is a CFA professional with over 18 years of experience across the finance and banking sector. At Nivara, she is spearheading initiatives to streamline disbursement processes, enhance operational efficiency, and implement scalable systems that support business growth.
She has spent 11 years of her career with Home First Finance, where she played a pivotal role in optimizing workflows, improving productivity, and driving organizational growth. Prior to that, she gained valuable experience at Saraswat Bank and Mecklai Financials, building a strong foundation in financial services and operational excellence.
Head- Human Resources
Aditya Babu PVN is the Head of Human Resources of our Company. He is an engineering graduate with advanced qualifications in management and human resources and has completed executive education in Talent Management from XLRI. As a Head- HR he is responsible for the enterprise wide human resources strategy, including talent management, leadership and succession planning, performance and rewards governance, statutory and regulatory compliance, and workforce productivity. He has contributed significantly to multi state business operations and expansion, strengthening leadership depth and institutionalizing standardized HR processes aligned with long term organizational objectives.
As a senior human resource professional with over 25 years of experience across the Banking, NBFC, Retail Finance, and Telecom sectors. He has extensive experience in developing scalable and governance oriented people frameworks that support sustainable growth in regulated, multi location institutions
Prior to joining us in January 2021, Aditya held senior HR leadership roles at Jana Small Finance Bank Ltd. (Bengaluru), Reliance Jio Infocomm Ltd. (Bengaluru), Idea Cellular Ltd. (Bhubaneswar), and Tata Teleservices Ltd. (Bhopal).
Head – IT & Digital
Raja S is the Head of IT & Digital. He holds an MBA from Ignou. At Nivara, he is spearheading the organization’s digital transformation journey, by enabling technology into the core of Nivara’s operations, smarter decision-making, seamless customer experiences, and stronger governance.
He is an impact Techno Ops leader with 30 years of experience across Banking, NBFC, and MFI sectors. He specializes in transforming IT from a support function into a core business enabler, driving operational excellence through digital initiatives and robust automation by deploying SAS Based tools for decision making and Business Excellence. The gap between high-level business requirements and technical execution makes him a vital asset for driving a digital-first strategy. Implementing automation tools for various functions to ensure efficiency, integrity and compliance.
Head- legal
Babu Abraham is the Legal Head of the Company, bringing over 20 years of in-house legal counsel experience across corporate and practice. He holds an LLB and MBA. At Nivara, Mr. Abraham has been instrumental in strengthening the legal framework, streamlining documentation processes, and supporting debt recovery.
He is highly skilled in negotiations, contract review, legal and regulatory compliance, litigation, title search reports, due diligence, and legal recovery. His functional expertise spans banking law, arbitrations, debt recovery tribunals, and labor welfare.
Before joining the Company, Mr. Abraham served as Deputy General Manager – Law at Mantri Developers. He has also held senior legal roles at Tata Motor Finance, Fullerton, Toyota, and Reliance Capital, in addition to practicing as an advocate and consultant.
Company Secretary
Raina D Silva is the Company Secretary of the Company. She is a qualified Company Secretary and Law graduate with about 10 years of experience in secretarial and compliance functions. At Nivara, she has been instrumental in strengthening the compliance framework, streamlining secretarial practices, and ensuring adherence to regulatory requirements. Her contributions have enhanced transparency, governance standards, and stakeholder confidence.
She is well-versed in the Companies Act, SEBI regulations, and RBI directions applicable to Housing Finance Companies. Her expertise includes drafting, corporate communication, and management, with a strong focus on ensuring governance and compliance.
Prior to joining us, she was working with Fineotex Chemical Ltd, as Company Secretary and Compliance Officer and HSBC Electronic Data Processing India Pvt. Ltd, as Senior Company Secretarial Assistant.
Head – Inbound Sales & Client Relations
Hema heads Inbound Sales and Marketing of the Company. She is a Bachelor of Arts and has over three decades of experience across leading financial institutions including HSBC, ICICI Bank, Tata Capital Housing Finance, and emerging fintech organizations. Her experience spans retail banking, mortgage lending, affordable housing finance, and digital lending solutions. At Nivara her focus is on strengthening customer relationships, enhancing brand visibility, and expanding Nivara’s footprint through innovative marketing strategies.
Over the course of her career, she have held leadership roles across sales, business development, and strategic initiatives, managing large teams and driving business growth across multiple regions. Her professional journey combines banking domain expertise with fintech innovation, enabling her to bridge traditional financial services with evolving digital ecosystems
Chief Compliance Officer
Bonojit Ukil is the Chief Compliance Officer of the Company. His qualification includes M.Sc in Chemistry and advance banking certification from CAIIB. At Nivara, he brings in effective governance within the organization by ensuring compliance with laws, regulatory requirements, policies, and procedures along with the internal control and risk management processes.
He is a veteran in Banking and financial Services space with about four decades of experience in overall policy formulation and process management with an innate ability to evaluate complex, multi-dimensional situations and compliance risk characteristics.
Previously, he has worked across the wide spectrum of reputed Banks/NBFCs like UCO Bank, Bank of Punjab, First Blue Home Finance, Ujjivan Small Finance Bank, Aye Finance and Rural Mandi Fintech Pvt. Ltd.
Head – Audit
C. G. Thimmaiah is Head of Internal Audit of our Company. At Nivara, he has established rigorous internal audit processes, enhanced compliance monitoring, and ensured adherence to regulatory standards.
He holds Masters in Commerce and is a results-driven professional with a diverse experience spanning over 3 decades in Retail Asset – mortgages, construction finance underwriting, extensive exposure in sales, credit appraisal, and collection within the realms of Housing Loans/LAP. He has demonstrated leadership & management as a seasoned Branch Head with over 10 years of experience, successfully steering branches in Karnataka, Andhra Pradesh, Gujarat, and Tamil Nadu. He has a proven track record as an expert in implementing effective credit processes and managing credit teams, Audit & Compliance.
Previously. he has worked with Can Fin Homes, Reliance Home Finance and IDBI Bank.
