Leadership Team

Mr. Vasudevan Pathangi Narasimhan - MD & CEO

Vasudevan Pathangi Narasimhan is the MD and CEO of our Bank. He holds a bachelor’s degree in science (physics) from University of Madras. He is a qualified company secretary from the Institute of Company Secretaries of India. He has extensive experience in the financial services sector and had served as the executive vice president and head of consumer banking group in Development Credit Bank Limited, for more than one and half years. He has also worked for about two decades in Cholamandalam Investment and Finance Company Limited, part of the Murugappa Group, where he joined as a management trainee and resigned as the vice president and head of vehicle finance. He was also the chairman of the managing committee of the South India Hire Purchase Association for Fiscal 2006. He joined erstwhile Equitas Finance Limited, now our Bank on July 25, 2016. Prior to joining our Bank, he was the Managing Director of EHL.

Mr. Murali Vaidyanathan - Business Head - Liabilities
Mr. Murali Vaidyanathan is Senior President and Country Head – Branch Banking - Liabilities, Products & Wealth at Equitas Small Finance Bank Limited. Mr. Murali Vaidyanathan is strategic Banking Leader with over 20 years of success in setting up branches, business verticals, and driving product innovations and profitability. He has delivered consistent results in expanding branches, balance sheet and realizing top-line revenue goals through product re-structuring, digital solutions, rationalizing product prices and enhancing productivity at people level.


Prior to joining Equitas Small Finance Bank, he worked with Kotak Mahindra Bank, ICICI Bank and Citi Group. Mr. Murali is known for being both people and process driven person with a sound understanding of Indian Financial Retail Market by designing customer-centric products, analyzing market trends, limiting expenses and identifying areas of opportunity.

Mr. Murali is a veteran and a decisive leader with excellence in optimizing complete range of products and services to its valued clientele, investigating new business opportunities and maximizing its competitive strength for long-term success. Throughout his career, his management abilities have made him proficient in handling multi-disciplinary teams in retail banking. He has completed General Management Programs from IIM Ahmedabad and a certified professional in investments, compliance, and operations from AML and finance management.


Mr. Sridharan N - Chief Financial Officer

Sridharan Nanuiyer is the CFO of our Bank. He holds a bachelor’s degree in commerce from University of Madras. He is a qualified chartered accountant from the Institute of Chartered Accountants of India and a certified cost and works accountant from the Institute of Cost and Works Accountants of India. He started his career with CMC Limited in 1986 and he was deputy general manager- finance and internal audit at the time of leaving the organization. Prior to joining our Bank, he was the general manager- finance at SRA Systems Limited and vice president – MIS and commercial control at Subhiksha Trading Services Limited. He joined erstwhile EHFL, now our Bank on August 16, 2010.

Mr. Natarajan Muthusubramanian - Head - Treasury

Natarajan Muthusubramanian is the executive vice president and head of treasury at our Bank. He is a certified associate of the Indian Institute of Bankers. Prior to joining our Bank, he was the director of treasury at Bank of Nova Scotia where he worked for nine years.

Mr. Dheeraj Mohan – Head of Strategy, Investor Relations, BI and CX

Dheeraj Mohan heads strategy, investor relations, analytics and customer experience at our Bank. He holds a post graduate diploma in management from Kirloskar Institute of Advanced Management Studies (2002). He has previously worked across NBFCs and capital market intermediaries like Anand Rathi Financial Services, Edelweiss Financial Services and Cholamandalam . He joined Equitas Holdings limited in 2015and later moved to Equitas Small Finance Bank in 2016.

Mr. Narayanan E - Chief Information Officer

Narayanan Easwaran till recently served as the Co. Head of technology for IDFC First Bank Ltd. (erstwhile Capital First Ltd.). He has over two decades of experience on IT applications & infrastructure management, of which more than fifteen years have been in the retail banking & finance businesses globally. Narayanan is a result oriented technology leader and has been responsible for building and managing complex IT solution designs, which have enabled business to innovate, differentiate and scale up rapidly.



Narayanan has worked with Business leaders in visioning and implementing the IT infrastructure as a strategic and key differentiator. Prior to joining Capital First Ltd. (IDFC FIRST BANK LTD), he was the head of product management for the KASTLE Universal Lending Suite (ULS), which used to be the flagship product for 3i Infotech Ltd., in the banking and finance domain. In a role prior to that, he was responsible for the APAC and EMEA product delivery channels. 

Narayanan was also actively involved with the business technology groups of ICICI Bank Ltd., in India and financial conglomerates like GE Capital. During his stint with ICICI Bank, he has spearheaded the entire automation of the retail lending process. He has worked across industry verticals such as Banking & Finance, IT & Media.  

Mr. Siby Sebastian – Head - Operations & Infra

Siby Sebastian is the President of Operations and Infrastructure at Equitas Small Finance Bank. He is a certified CA from the Institute of Chartered Accountants of India and holds a Post Graduate Diploma in Management from IIT Mumbai. Prior to joining Equitas Small Finance Bank, Siby spearheaded business, governance, and operations in capacity of CEO/COO at global banks and financial institutions. He brings 26+ years of experience from his time at State Bank of Mauritius, ICICI Bank, Kotak Mahindra Group, and Deloitte, among others. With proven track record in digital transformation, he built and implemented strategic business models and fintech products that deliver long term value in challenging environments. His accomplishments include the formation of India's First Scheduled commercial bank under WOS License and implementation of robotic process automations. Siby’s expertise spans across all facets of governance, operations, technology, sales, credit, risk management, regulations, compliance, HR, finance, secretarial, facilities and cyber security. A people-centric leader, Siby has led, inspired and coached high calibre professionals and created successions to key roles that enhanced the bank's management capability. He has also worked with executive leadership teams and liaised with board members to achieve excellent business results through continuous people development, capacity building and mentoring activities.

Mr. S. Sethupathy – Head – Process and Quality Assurance
S. Sethupathy is the president of process and quality assurance of our Bank. He holds a bachelor’s degree in engineering from Bangalore University and a master’s degree in business administration from Indira Gandhi National Open University. He has previously worked in various managerial positions at HMT Limited, Sundaram Fasteners Limited, SAB WABCO India Limited, Jai Parabolic Springs Limited and Yuken India Limited. He joined erstwhile EMFL, now our Bank on September 17, 2007. sethupathy-icon
Mr. Pallab Mukherji - Chief People Officer
Pallab Mukherji is the Chief People Officer of our Bank. He holds a post graduate diploma in personnel management and industrial relations from XLRI, Jamshedpur and has completed a strategic human resource management – India course from the Ross School of Business, Michigan. Prior to joining our Bank, he has worked with The Arvind Mills Limited and HDFC Bank Limited. He was the president with the human resources department at IIFL Holdings Limited. He was appointed as the chief people officer of our Bank on February 17, 2020. cpo-image-equitas
Mr. Rohit Phadke - Business Head - Assets

Business leader with over 29 years’ experience in the Financial Services industry in Vehicle finance and Mortgage. Prior to joining Equitas he was with Cholamandalam Investment & Finance Co. Ltd as Business Head – Home Loans. Post completion of his MBA from Pune University, Rohit worked with Apple Finance Limited before joining Cholamandalam. In his 18 years stint with Chola he held various positions. He initiated and set up two large and profit making businesses for the Murugappa Group – LAP (AUM of ~10,000 Crs) and Home Loans (~3000 Crs) that deliver a PBT of 400 Cr. His interests are reading, music and yoga. Rohit’s spouse is a medical professional and they have one son who would be pursuing his post-graduate studies in the coming year.

Mr. Ramanathan N - Company Secretary and Compliance Officer

Ramanathan N is the Company Secretary and Compliance Officer of our Bank. He is a member of ‘The Institute of Company secretaries of India’ with membership number A28366, a Law & Management graduate and CAIIB from Indian Institute of Banking and Finance. He has joined us from a Scheduled commercial Bank. Prior to which, he held the position of Company Secretary / Legal Executive of certain other organisations. Before commencing his career in banking sector, he had also practiced as an Advocate. He has a combined experience of about 27 years in Legal and Secretarial functions.

Mr. Vivek Dhavale - Chief Technology Officer
Vivek is the Chief Technology Officer of our Bank.  Before joining Equitas, Vivek worked with Fullerton India Limited as Head – IT Business Solutions, where he set up an in-house development team to deliver front-ending applications and mobile apps. He pioneered Amazon Web Service cloud usage. Prior to Fullerton, Vivek worked with RBL where he worked on various Program Managed Digital Projects using Agile development methodology for mobility, micro ATM and API banking projects. Vivek had a long stint of 21 years with Oracle Financial Services (formerly i-Flex Solutions) where he last worked as Senior Director & Head – Development (Flexcube Core Banking). At Oracle, Vivek worked on various implementation and development projects with large banks in India and globally. profile-icon
Mr. Sivapprakash VS - Head - IAD & Vigilance


Sivapprakash VS is the head of Internal Audit and Vigilance at Equitas Small Finance Bank. He is a certified Internal Auditor and a certified Banking Compliance professional. He joined as the Vice President and went on to hold the title of Senior Vice President of the Internal Audit Department of Equitas.  Prior to joining Equitas Small Finance Bank, he worked in Axis Bank for 9 years and in the State Bank of India for 23 years, holding various positions. With an extensive experience of over 38 years in the banking field, he is proficient in Internal Audit, Fraud Investigations (Financial Crime Management and Regulatory Reporting / Compliance), Learning & Development Facilitation (Training) and Retail Banking (both Credit and Liability) Business & Operations. He has a passion for travel, exploring new places and enjoys being close to unadulterated nature. He is also an ardent admirer of architecture and visits many ancient temples to marvel at their grandeur.

Mr. Ashwini Biswal - CCO
Mr. Sibi PM - Chief Risk Officer