LEADERSHIP TEAMInspiring people to do the right thing

Rakesh Makkar

Chief Executive Officer

pankaj malik

Chief Financial Officer

Parag Shah

Chief Risk Officer

shyam reddipalli

GM – Head Business & Product

Rakesh comes with over two decades of expertise in establishing new and successful businesses; managing large and multi-pronged distribution networks; and developing unique and customer-centric products - all within a robust Risk Management framework. Prior to assuming the role of CEO at Grihashakti, Rakesh spearheaded Business, Marketing & CSR functions at Fullerton India.

Before joining Fullerton India, Rakesh held the position of President and Chief Distribution Officer at DHFL. It has been Rakesh’s forte to set up new finance companies and scale up business volumes. Prior to his stint with DHFL, Rakesh has been a part of senior leadership at various organisations including Capital First, Citi Financial Consumer Finance India Ltd and Bank of America.

Not only is Rakesh a national rank holder at the Institute of Chartered Accountants of India but also a Certified International trainer within Citigroup. He also holds a Masters from the Institute of Management Technology, Ghaziabad and Bachelors from Delhi University.

Pankaj is also the CFO and Chief Compliance Officer of Fullerton India Credit Company Limited. He also holds the position of Chief Financial Officer in Fullerton India Home Finance Company Limited. Prior to joining Fullerton in Sep 2007, Pankaj was associated with COLT Telecom, an affiliate of Fidelity international, as the Financial Controller-cum-Company Secretary. In his earlier stints, he had been associated with GE Commercial Financial and Motherson Sumi Systems Limited in various capacities. Mr. Pankaj is a Chartered Accountant, Company Secretary and Cost Accountant from India and Certified Public Accountant from the State of Colorado, the USA.

Mr. Parag Shah is the Chief Risk Officer for Fullerton India Home Finance Company Ltd.

He is responsible for leading a large team of credit underwriters, collections, technical managers and assessing and managing enterprise - wide risks covering various risks such as credit, market, operations etc., across all geographies.

In his experience spanning over 23 years, Mr. Shah has held diverse roles in various facets of banking, including business strategy, risk and corporate finance. A Chartered Accountant, a lawyer and an MBA from JBIMS and various international courses including from the Harvard Business School, he specialises in assets across Corporate, SME, Retail and Rural banking. Prior to joining Fullerton India, Parag worked with ICICI Bank for over 17 years in diverse roles including corporate banking, strategy, rural banking, policy development & management of stressed assets and with IDFC Bank in leadership roles within wholesale banking and risk management.

Shyam comes with 20 years of work experience in Retail Asset businesses having worked in leadership roles at large banks and credit bureau. He has a proven track record of driving market share, revenues and growing bottom line focussed businesses. Earlier to joining Fullerton Shyam was Head of Key Accounts at Credit Information Bureau of India Ltd – CIBIL and his work platforms include the roles of Business Head of Credit Cards and Personal Loans at Standard Chartered Bank, Head of Home Loans, IDBI Bank, Regional Credit Head at ING Vysya Bank etc.

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