She is going to lead a workforce throughout two places of work in Mumbai and Bengaluru and report on to Srini Nagarajan, Managing Director and Head of Asia at BII.
Shilpa Kumar has over three a long time of management expertise within the banking and monetary providers sector, in addition to in constructing companies and dealing with entrepreneurs and policymakers. She joins BII from Omidyar Community India, a social influence funding fund, the place she directed technique and investments as a companion throughout the areas of accountable tech, cities & local weather, and inclusive property initiatives. She additionally led coverage work in monetary inclusion.
Previous to that, Kumar spent a big a part of her profession with the ICICI Financial institution group, India’s largest personal sector financial institution. She served as MD and CEO of ICICI Securities, the digital fairness brokerage and a number one funding financial institution within the nation.
She has held board positions in a number of organisations together with ICICI Securities, ICICI Securities Prime Dealership, ICICI Dwelling Finance, Clearing Company of India, and Nationwide Funding and Infrastructure Fund. She has additionally served on regulatory committees and held positions in trade our bodies comparable to FIMMDA’s Chairperson and FICCI’s Co-Chair at its Capital Markets Committee.“It is a pivotal time for local weather finance and inclusive development within the area, and I sit up for working with our proficient workforce to drive impactful investments that advantages not solely communities, but in addition the planet,” mentioned Kumar in a statementNagarajan mentioned: “Her intensive expertise and management within the monetary sector shall be invaluable as we proceed to ship our dedication to local weather finance and inclusive development in India, which is our greatest funding market globally. Shilpa Kumar’s appointment underscores our dedication to fostering sturdy partnerships and driving transformative change within the area.”
