CreditAccess Grameen Limited, India’s largest Non-Banking Financial Company-Micro Finance Institution (NBFC-MFI), has announced a significant leadership change.
Nilesh Dalvi, who previously served as Senior Vice President – Head of Investor Relations & ESG, has been elevated to Chief Financial Officer (CFO).
CreditAccess Grameen CFO Appointment: Implications and Vision
Ganesh Narayanan, Chief Executive Officer of CreditAccess Grameen, expressed confidence in Nilesh’s abilities.
He stated, “We are pleased to promote Nilesh Dalvi to the position of Chief Financial Officer. His extensive financial expertise, experience, and exceptional leadership skills make him an excellent fit for this role.”
Nilesh’s appointment is expected to bolster the company’s financial resilience and strategic decision-making. CreditAccess Grameen’s mission revolves around providing micro-loans to women customers predominantly in rural areas across India.
As CFO, Nilesh will play a crucial role in ensuring the financial health of the organization. His insights will contribute to sustainable growth and the well-being of rural communities.
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Nilesh Dalvi’s Experience
Nilesh Dalvi brings over 14 years of enriching work experience spanning India, United States, and European markets.
His journey has been marked by financial acumen, strategic thinking, and a commitment to excellence. As the Head of Investor Relations at CreditAccess Grameen since 2019, Nilesh has demonstrated exceptional skills.
His ability to communicate effectively with investors, analysts, and stakeholders has been instrumental in maintaining transparency and trust.
Additionally, his focus on Environmental, Social, and Governance (ESG) matters aligns with the company’s commitment to responsible finance.
Nilesh Dalvi is a Chartered Financial Analyst (CFA) from the CFA Institute, USA. His understanding of global financial markets and investment principles has been invaluable.
He also holds a Financial Risk Manager (FRM) certification from the Global Association of Risk Professionals, USA.
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About CreditAccess Grameen
CreditAccess Grameen Limited is more than just a financial institution; it’s a community of dedicated professionals committed to financial inclusion.
The company’s focus on local employment generation contributes to sustainable economic development in the communities it serves.
As of 2024, CreditAccess Grameen operates in 388 districts across 16 states (including Karnataka, Maharashtra, Tamil Nadu, and others) and one union territory (Puducherry) in India.
The company has an extensive branch network, with 1,976 branches nationwide.
With a workforce of approximately 19,400 employees, CreditAccess Grameen continues to make a significant impact on financial inclusion and empowerment.
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