VFS CAPITAL LIMITED - Key Persons


Amit Kumar Das

Job Titles:
  • Assistant General Manager - HR
Mr Amit Kumar Das holds a double Master's degree in Science and Business Administration in HR and has extensive work experience in human resources development and management. He is Assistant General Manager in HR at VFS Capital and has been part of the organization since 2021.

Dr Sankar Datta

Job Titles:
  • Member of the Board of Directors
  • Independent Director of VFS Capital and a Member
Dr Sankar Datta is an Independent Director of VFS Capital and a member of the Standing Committee on Poverty Alleviation of the Chhattisgarh Planning Commission. He possesses over three decades of profound experience in promoting the livelihood of underprivileged people through several financial services and sustainable aid-driven microfinance solutions. Dr Datta holds a Doctorate degree in Economics from Ballabh Vidyanagar and possesses a unique ability to incorporate theories into practice. He worked on several renowned projects and consultancy assignments, including the World Bank project in Odisha, International Finance Corporation and Food & Agriculture Organisation. He drafted the 12th Five-Year Plan of the Planning Commission.

Dr. Tapan Kumar Mukhopadhyay

Job Titles:
  • Independent Director
  • Member of the Board of Directors
  • Chairman of Audit & Risk Management Committee
  • Independent Director of VFS Capital and Board of Sangam Ltd
Dr T.K. Mukhopadhyay is an independent director of VFS Capital and Board of Sangam Ltd, North Eastern Development Financial Corporation (NEDFi), and Srei Mutual Fund Asset Management Pvt Ltd. He has extensive knowledge in corporate finance, business development, MSME, and rehabilitation of sick units. Dr Mukhopadhyay obtained a Doctorate degree from the University of Calcutta, and a three-tier Management Development Program at IIM, Ahmedabad. He was a former Chief General Manager and Country Head of IDBI Bank, where he held several other prestigious positions during his over three decades of professional journey in IDBI. He was an honourable facility member of IDBI Bank and RBI Training Institute in Mumbai.

Mr Arijit Maity - Chairman

Job Titles:
  • Chairman
  • Director of Village Bazaar Pvt Ltd
  • Secretary of Village Welfare Society

Mr Dipanjan Chatterjee - COO

Job Titles:
  • Chief Operating Officer
  • Member of the Management Team
Mr Dipanjan Chatterjee has been the Chief Operating Officer of VFS Capital since August 2021, obtained a Bachelor's degree in Commerce from Calcutta University, and has three decades of diverse experience spanning Banking, IT, CPC, HR, Training, and End-to-End Business Operations.

Mr Subhashis Ghosh

Job Titles:
  • Assistant General Manager of Accounts

Mr. Ajit Kumar Maity - Chairman

Job Titles:
  • Chairman
  • Chairman of the Board of Directors
  • Chairman of the Borrowing & Investment Committee
  • Chairman of Audit & Risk Management Committee
Mr Arijit Maity, Chairman of VFS Capital, a Director of Village Bazaar Pvt Ltd. and the Founder Member Secretary of Village Welfare Society, is the pioneer of the microfinance sector in Eastern India. He has transformed the lives of millions of marginalized people and their families since the inception of VFS Capital. He started his social entrepreneurial journey in 1978 with the Village Welfare Society, an NGO, and has been associated with microfinance since 1995. As a veteran in microfinance, he is also the founder member of Sa-Dhan and the Association of Micro Finance Institutions West Bengal. Mr Maity holds a Bachelor of Arts Degree from Calcutta University. He is an accomplished social reformer with over four decades of extensive wisdom and experience in socio-economic development, food and livelihood security, water and sanitation, disaster and risk management, education, healthcare, old-age care, and vocational training to empower and uplift the deprived segment of our nation.

Mr. Arindam Chakraborty - CTO

Job Titles:
  • CTO
  • General Manager of Technology & Business Support
Mr Arindam Chakraborty, General Manager of Technology & Business Support at VFS Capital since 2018, holds a Master's degree in Computer Application (MCA) and comes with two and half decades of extensive knowledge and work experience in the IT industry, including Life-cycle Software Development, Database Designing, and Business Intelligence. He administers the overall IT infrastructure, enhances user experience and eliminates security risk exposures of VFS Capital.

Mr. Jitendra Nath Mahato

Job Titles:
  • AGM - BC Business & Operation
Mr. Jitendra Nath Mahato, AGM - BC Business and Operation at VFS Capital Limited, associated with the organization since 2010, is a seasoned professional with a master's degree in political science and over two and half decades of experience in Micro-Finance Field Operation, Internal Audit, Risk & Credit Department. Mr Mahato plays a pivotal role in overseeing and managing the company's BC Business operation, as his extensive experience and expertise contribute significantly to the company's success in this domain.

Mr. Kuldip Maity - CEO, Managing Director

Job Titles:
  • CEO
  • Chairman of the Asset Liability Committee
  • Managing Director
  • Member of the Board of Directors
  • Member of the Management Team
  • and CEO
  • Chairman of Audit & Risk Management Committee
Mr Kuldip Maity is the Managing Director and CEO of VFS Capital. He holds a Doctorate degree and dual Masters' degree in Business Administration and Social Sector. Mr Maity is a dedicated social entrepreneur who leads VFS Capital by example, ensuring the incorporation of digitalization, mandates, core values, vision, and mission into the organizational culture to uplift the lives of underprivileged women and drive them towards entrepreneurship. Mr Maity's initiative is not restricted to VFS Capital; he is a Board Member of Sa-Dhan, Assistant Secretary of Village Welfare Society, and a founder member of the Association of Micro Finance Institutions (AMFI) West Bengal as he is determined to alleviate poverty in rural India through empowering people. Mr Kuldip Maity, MD and CEO of VFS Capital, is the architect behind the revolutionary transformation of VFS Capital, the largest microfinance in Eastern India. He is also a Board Member of Sa-Dhan, Assistant Secretary of Village Welfare Society, and a founder member of the Association of Micro Finance Institutions West Bengal. He is a social entrepreneur and a visionary who leads VFS Capital toward its vision, mission and objectives of poverty alleviation through empowering the underprivileged, especially women of our nation. Mr Maity holds a Doctorate with a dual Masters's degree in Business Administration and Social Sector, serving the impoverished segment of our nation for over two decades as he enables them to attain economic independence. He is dedicated to spreading smiles on the faces of underserved people through sustainable financial solutions and other aid-driven services. He was appreciated and honoured with numerous awards and recognitions for his initiatives, work and leadership.

Mr. Nikhil Agarwal - CIO

Job Titles:
  • CIO

Mr. Pradipta Kumar Jena

Job Titles:
  • Chairman of the Audit & Risk Management Committee
  • Independent Director
  • Member of the Board of Directors
  • Chairman of Audit & Risk Management Committee
Mr Pradipta Kumar Jena is an Independent Director of VFS Capital and a former Regional Director of the Reserve Bank of India with 35 years of extensive experience in the states of Jharkhand, Bihar, Odisha and Madhya Pradesh. He has diverse experience in rural development, microcredit, general banking, foreign exchange, HR and payment systems, currency management, and supervision in the bank and non-bank sectors.

Ms Debjani Chatterjee

Job Titles:
  • Member of the Management Team
  • Assistant General Manager ( AGM ) of Environment, Social and Sustainable
Ms Debjani Chatterjee is Assistant General Manager (AGM) of Environment, Social and Sustainable Impact (ESSI) of VFS Capital, responsible for the enterprise's Corporate Social Responsibility and ESG activities. She obtained a Master's degree in Business Administration (MBA) in Rural Development and Management and Post-Graduation Diploma (PGD) in Health Management, with an enriching work experience of almost one and half decades in CSR Projects, ESG Activities, Development Grant Management, and Social Audit.

Ms Piyali Deb - Secretary

Job Titles:
  • Company Secretary
  • Compliance Officer
  • Member of the Management Team
Ms Piyali Deb has been the Company Secretary & Compliance Officer and part of the VFS Capital since 2021. She is a Fellow Member of the Institute of Company Secretaries of India and obtains over 13 years of experience in Legal & Corporate Affairs, including Corporate Law, Commercial Law, Labour Laws, Regulatory Compliance, Corporate Governance issues, and other legal matters.

Ms. Madhumallika Jha

Job Titles:
  • Assistant General Manager
  • AGM - Training & Employee Relations
Ms. Madhumallika Jha serves as the Assistant General Manager (AGM) of training and Employee Relations at VFS Capital Limited. With a Post-Graduate Diploma in Human Resources & Marketing and certifications as an NLP Master Practitioner and Life Coach, she brings over one and half decades of experience in Learning & Development, Corporate Communications, and Human Resources. Her role includes overseeing the organization's learning initiatives, quality assurance, and employee relations to foster a productive work environment aligned with company goals and values.

Ms. Shivanjali Mehta

Job Titles:
  • Independent Director
  • Chairman of Audit & Risk Management Committee
Ms Shivanjali Mehta is an enthusiastic HR Generalist with more than 17 years of experience in all the facets of HR- Recruit, Train, retain and sustain across India and Southeast Asia. She has worked with some of the renowned Organization like McDonalds India, Reliance Retail Limited and has worked in various training deliverables.

Nikhil Agrawal

Job Titles:
  • AGM - MD Secretariat
Mr. Nikhil Agarwal, operating as AGM - MD Secretariat atVFS Capital Limited, a Chartered Accountant and Company Secretary, is a seasoned professional with over 13 years of experience spanning Operations, Audit, Strategy, MIS, Administration, Budgeting, and Cost Control. Mr Agarwal has been an integral part of VFS Capital since 2019, contributing to the organization's operational efficiency and strategic initiatives.

Subhasis Ghosh

Job Titles:
  • Assistant General Manager - Accounts
Mr Subhashis Ghosh, Assistant General Manager of Accounts at VFS Capital, has been part of the organization since 2002, holds a Master's degree in Commerce and a Chartered Accountancy (inter) degree, and has over two decades of rich experience in Finance and Accounts. He liaisons with the external stakeholders and administers the account departments, financial management, treasury management, audit and taxation, and regulatory compliance of VFS Capital.