Leadership Team

We at New Opportunity have a unique business model.
We have put in place a dedicated leadership team for each Banking partner comprising of:

  • Business Head
  • Risk and Audit Head
  • Operation Head
  • Finance Head
  • HR Head


Mr. Joseph Francis

Head: Business

Mr. Joseph Francis

Head: Business

A Management graduate with 15 years of experience in Financial Services, he has worked with GE TFS Ltd., DCB Bank, Suryoday Microfinance and Magma Fincorp Limited in various functions.

Mr. Khandu katkemod

Head: Risk and Audit

Mr. Khandu katkemod

Head: Risk and Audit

Post graduate in political science from Marathawada university with more than 9 years of experience. In microfinance sector, he started his career as field officer in SKS Microfinance and has worked in various capacities during his 7 years' stint.

Mr. Hardik Gandha

Head: Support and Operations

Mr. Hardik Gandha

Head: Support and Operations

Hardik Gandha is a graduate, with 9 years of experience in the manufacturing and service industry. Prior to joining New Opportunity, he was working in a business department at NMC Trading Company based at Dubai.

Sujatha Mogaveera

Ms. Sujatha M. Mogaveera

Head: Finance

Ms. Sujatha M. Mogaveera

Head: Finance

Sujatha Mogaveera is a Commerce Graduate with over 15 years’ experience in Audit and Accounts. Prior to joining New Opportunity, she handled Accounts in a Pharmaceutical Company and Audit in a reputed Audit Firm in Mumbai.

Mr. Popat Salgar

Head: Recruitment and Training

Mr. Popat Salgar

Head: Recruitment and Training

Popat Salgar is a Commerce Graduate with over 7 years of experience in the Microfinance industry. Prior to joining New Opportunity, he was working with SKS Microfinance, where he started his career as a field officer and worked up in various cross functions during his long stint.


Mr. Rahul Bhosale

Head: Business

Mr. Rahul Bhosale

Head: Business

Management graduate with more than 4 years’ of experience in MFI industry. He started his career with Spandana Spoorthy Microfinance and later joined Madura Microfinance as Regional Manager before joining New Opportunity.

Mr. Toufic Nivsekar

Head: Risk and Audit

Mr. Toufic Nivsekar

Head: Risk and Audit

Toufic, is a Graduate from Mumbai University and has over 17 years’ experience in various fields, in Finance Industry. Prior to joining New Opportunity, he worked as Relationship Manager at India Infoline Finance Limited.

Mr. Paresh Rane

Head: Operations and Support

Mr. Paresh Rane

Head: Operations and Support

Paresh Rane is a graduate with over 8 years experience in Operations management. In past, he has worked with Fullerton India Credit Company Pvt. Ltd.

Mr. Heeralal Kumawat

Head: Finance

Mr. Heeralal Kumawat

Head: Finance

Heera is a Graduate in Commerce, CA (Inter) with over 3 years’ experience in Audit, Accounts and Taxation. Prior to joining New Opportunity, he worked with a audit firm in Mumbai.

Mr. Jagannath Chavan

Head: Recruitment & Training

Mr. Jagannath Chavan

Head: Recruitment & Training

Jagannath Chavan is a Management graduate with over 2 years of experience in MFI industry. In the past, he has worked with Spandana Spoorthy Microfinance as Zonal HR Executive.


Mr. Rajshekhar

Head: Business

Mr. Rajshekhar

Head: Business

Rajshekhar is post graduate in MBA finance with more than 12 years’ experience in Microfinance sector. He has worked with KBS Bank, SKS Microfinance, HDFC Bank and Disha Microfinance in various functions.

Mr. Mahesh Patil

Head: Risk and Audit

Mr. Mahesh Patil

Head: Risk and Audit

Mahesh is a graduate with 10 years’ experience in the Microfinance industry. Prior to joining New Opportunity, he worked as Internal Audit Manager at SKS Microfinance Ltd.

Mr. Arulmagesh

Head: Operations & Support

Mr. Arulmagesh

Head: Operations & Support

Arulmagesh is a Post Graduate with around 4 years of experience in the Back Office Operations.

Mr. Govindarajan

Head: Finance

Mr. Govindarajan

Head: Finance

Govindarajan is a Graduate with more than 4 years of experience in a leading audit firm based at Coimbatore. He is specialsed in Taxation and statutory audit of Banks

Mr. Shrinivas N.

Head: Recruitment & Training

Mr. Shrinivas N.

Head: Recruitment & Training

Srinivas Ningonda is a graduate with more than 10 years of experience in the Microfinance Industry. Prior to joining New Opportunity, he was working with SKS Microfinance and L&T Finance Ltd. He has worked in various cross functions during his long stint.


Mr. K. Ramarpandi

Head: Relationship & Business

Mr. K. Ramarpandi

Head: Relationship & Business

K. Ramarpandi is a Management graduate with more than 12 years of experience in the financial industry. Prior to joining New Opportunity, he worked as Cluster Manager at Equitas Microfinance.

Mr. B. Lakshmananamoorthy

Head: Risk & Audit

Mr. B. Lakshmananamoorthy

Head: Risk & Audit

B. Lakshmananamoorthy is a Post Graduate in Computer Science, with more than 12 years of experience in the financial services. Prior to joining New Opportunity, he was handling Commercial Transportation Group (CTG) at HDFC Bank.

Mr. Manikandan

Head: Support & Operations

Mr. Manikandan

Head: Support & Operations

Manikandan is a Post Graduate MBA with specialization in HR and Marketing with more than 7.5 years’ experience in Banking and Financial Sector. Prior to joining New Opportunity, he worked as a Deputy Branch Manager - Operation at ICICI Bank, Branch Banking.

Mr. N. Kaleeswaran

Head: Finance

Mr. N. Kaleeswaran

Head: Finance

N. Kaleeswaran is a Graduate in Commerce. Prior to joining New Opportunity, he worked as an Audit Assistant for a leading audit firm based in Coimbatore.

Mr. Martin

Head: Recruitment and Training

Mr. Martin

Head: Recruitment and Training

Martin is a commerce Graduate with more than 9 years of experience in Microfinance Industry handling diversified functions.


Mr. D. Ravi Kumar

Head: Relationship and Business

Mr. D. Ravi Kumar

Head: Relationship and Business

Ravi Kumar is a Graduate with more than 10 years of experience in the microfinance industry. He started his career as Field officer in Equitas Microfinance and later rose to the rank of Regional Manager at Spandana Spoorthy Financial Ltd.

Mr. C. Paul Devakumar

Head: Risk and Audit

Mr. C. Paul Devakumar

Head: Risk and Audit

Paul Devakumar is a Management graduate with a specialization in Finance. He started his career as a Support Executive at Target infotech, based in Bangalore. Later, he worked as an Assistant Manager – Accounts, for a steel company based in Coimbatore.

Ms. Midhunavizhi

Head: Operations and Support

Ms. Midhunavizhi

Head: Operations and Support

Midhunavizhi is BSC Computer Science graduate and has an experience of over 10 years in various functions in the Microfinance Sector. Prior to joining New Opportunity, she worked as a Team Leader in IASC.

Mr. R. Ramganesh

Head: Finance

Mr. R. Ramganesh

Head: Finance

R. Ramganesh is a Graduate in Commerce, CA (Inter), CS (Inter), with over 6 years of experience in the Audit field. Prior to joining New Opportunity, he worked with a leading audit firm based in Coimbatore.

Mr. J. Suresh

Head: Recruitment & Training

Mr. J. Suresh

Head: Recruitment & Training

J. Suresh is a Post graduate with a specialization in Labor laws. He has over 4 years of experience in HR – Recruitment, training and statutory compliance. He started his career in the textile industry.