Board

Jayshreeben Vyas
Jayshreeben is a co-founder and non-execitive chairperson of IIMPS. She is the Managing Director of Shree Mahila Sewa Sahakari (SEWA) Bank that was founded in 1974 by 4,000 low income self employed women members, with an initial contribution of Rs.10 per member. During her work at SEWA Bank spanning two decades, Jayshreeben has implemented various innovative programs aimed at providing self employed women with access to credit, secure savings, insurance and housing. She is also on board of Indian School of Microfinance for Women where she actively contributes to capacity building and financial literacy. Prior to her position with SEWA Bank, she was a financial analyst at the Central Bank of India. Jayshreeben has been a member of the WWB Board of Trustees since 1998 and was the chairperson of SA-DHAN.


 Surojit Saha
Surojit is a Senior Vice President at UTI Asset Management Company Ltd. Surojit Saha is Master of Commerce from Calcutta University and qualified Cost & Management Accountant. He is presently working as Executive Vice President in UTI AMC LTD, heading the functional areas of Company Accounts, Administration and is also a nodal officer for subsidiaries of UTI AMC LTD. He has an overall 22 years experience in the areas of Audit, Fund Management and Finance. Surojit is a non-executive director on the Board of IIMPS nominated by UTI AMC.


Vijayalakshmi Das
Vijayalakshmi is the CEO and promoter-director of Ananya Finance for Inclusive Growth (P) Limited. She is the former Chief Executive of FWWB, India. She joined the organization at a crucial stage of FWWB’s growth and worked on the strategic positioning of the institution by formulating the first business plan, building a committed team and its capital base. She has also served as a member of Project Advisory Group-CGAP. She currently is a member of the Board of Trustees of Sa-Dhan, the Association of Community Development Finance Institutions. She is one of the founding Trustees of Indian School of Microfinance for Women (ISMW) - a school started in partnership with Citigroup. Ms. Das is a Post Graduate in Economics from Madras University. She is a non-executive director on the board of IIMPS.


Satyam Darmora

Satyam manages the family economic stability portfolio of the Michael & Susan Dell Foundation India (MSDF). He is a non-executive director on the Board of IIMPS nominated by MSDF. Satyam Darmora holds a Bachelor of Technology Degree from the Indian Institute of Technology (IIT) in Delhi, India and Master of Business Administration Degree from the Indian Institute of Management (IIM) in Bangalore, India. The key initiatives under his portfolio include enabling microfinance start-ups, community development and social performance, and catalyzing skill training and livelihoods sectors in urban India. The program includes a portfolio of over 25+ microfinance & skill training (and related) institutions. In the past, Satyam has also worked within the education portfolio of the foundation and helped transform lives of the urban poor children through the creation of outcome focused, large scale, and high quality delivery models. Prior to joining the foundation, Satyam worked with American Express, managing new products and portfolio risk in various international markets including Japan, Hong Kong and Germany.


Ashish Aggarwal
Ashish is a non-executive director at IIMPS. Ashish was an executive director till March 2015 and led the finance function along with customer protection and products initiatives. He was also managing the legal function and talent management. Ashish has played a leadership role in developing the IIMPS MFI and bank-led and technology enabled model. Prior to conceptualizing and helping set up IIMPS, Ashish was a key member of the IIEF pension policy advisory team. He advised the Indian Ministry of Finance and PFRDA on NPS architecture design, products and implementation planning. He has also served as a consultant to ADB on pilot-testing mass-market strategies for the NPS among low-income informal sector workers (2008-2010). He has also served on the OECD Regional Center on Health and Social Policy, S. Korea (RCHSP) panel as a country expert on Pension Systems. In a previous role, Ashish was a journalist on economy and finance with Business Standard and Business World. He is a MBA in finance and technology from Indraprastha University.


Claudia Schmeler
Claudia Schmerler is a non-executive director at IIMPS nominated by KfW, a public promotional bank of Germany. She presently heads the South Asia Financial and Private Sector Division of KfW building on 10 years of experience of working in various functions in KfW on inclusive financial systems development, including an 18 months stint at the OECD advising its Development Assistance Committee (DAC) on the modernization of the measurement of Official Development Assistance (ODA). Prior to her career in KfW, she worked as a development advisor in various programmes in Cambodia, Indonesia and within Germany. Claudia holds a Master of Business Administration degree from the University of Leipzig, Germany and is a member of the supervisory board of the globally active Rural Impulse Fund ll. 

Changing Lives
field updates

Low income individuals in remote tribal locations at Tamil Nadu are now being enrolled for "micro-pension" in partnership with Centre for Tribal Research and Development (CTRD).

IIMPS and eKutir will jointly assist low income farmers in Odisha to accumulate micro-savings through the Micro-Pension model.