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CEO || 15+ years || Microfinance || CTC upto 45 Lakhs
2 weeks ago
We’re a new Non-Banking Financial Company (MFI) and looking for a Chief Executive Officer (CEO) to lead the inception stage and steer the organization into its next phase of digital growth, operational excellence, and nationwide outreach.The CEO should lead the company’s mission to provide inclusive, responsible, and sustainable financial services to underserved communities across various states.With a deep understanding of rural economies, financial inclusion strategies, and regulatory compliance under the Reserve Bank of India (RBI) and Companies Act, 2013, the CEO will drive strategic vision and operational excellence across the organization.Responsible for:•Formulating business strategies and long-term vision•Taking major corporate decisions•Managing overall operations, compliance, and resources of the companyDefine and execute the company’s strategic vision in line with its mission for financial inclusion•Ensure full compliance with RBI NBFC-MFI norms and guidelines•Lead business expansion across India.•Monitor credit portfolio, NPAs, and operational risks•Forge partnerships with banks, fintechs, BCs, SHG federations, and donor agencies•Represent the company in industry forums, regulatory bodies (RBI, MFIN, Sa-Dhan), and with investors•Develop diversified financial products and alternative lending verticals aligned with the company’s social and financial goalsKey Skills & Expertise15+ years of experience in the microfinance sector, with at least 5 years in executive leadership, including:•Leading microfinance operations across multiple states•Designing and implementing JLG/SHG lending models•Overseeing portfolio quality and recovery strategies•Handling rural banking and priority sector lending•Developing agent-based models and rural outreach frameworks•Proven success in NBFC-MFI operations (especially in rural/semi-urban markets)•Deep understanding of microfinance regulatory, credit, and risk governance•Strong understanding of the past and present JLG/SHG models, and clear foresight into future microfinance business models based on current trends and evolving financial inclusion ecosystems.•Ability to identify, evaluate, and develop safe and sound alternative business models alongside the core MFI-SHG-JLG framework — such as Gold Loans, Affordable Housing Finance, and Mortgage Loans — to ensure sustainable growth and diversification.•MBA/CA/PGDM from a leading institution preferred.
