Founded in 1997, Centrum is a well-respected Financial Services Group, with diversified fee businesses and a rapidly growing lending platform for institutions and individuals. We were ranked at 150 in the Economic Times Top 500 companies in India for 2018.

Our Institutional services include Investment Banking, SME, MSME and Micro Finance loans and an institutional broking desk catering to FIIs, Pension Funds, Indian Mutual Funds, Domestic Institutions and HNIs with widespread coverage on niche midcap companies.

We provide comprehensive Wealth Management Services to HNIs and Family Offices, affordable housing finance in tier 2 & 3 cities and Insurance plans across Life, General & Health Insurance. Our Asset Management business offers funds across private debt, public equity, venture capital and real estate.

We have a strong leadership team comprising of industry veterans and experts with a successful track record. We operate out of 50 cities PAN India and have an international presence in Singapore & Dubai.

Key Milestones

Founders and Promoters

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Late. K. Byramjee

Founder

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Khushrooh Byramjee a CA from UK, was a man of great integrity who had an unerring knack of overcoming challenges.

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Chandir Gidwani

Chairman Emeritus

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A distinguished first generation entrepreneur. As the Founder of the company, he has set up a robust platform that offers integrated financial services for Institutions as well as Individuals. He has contributed greatly to building a strong reputation and goodwill for the Group and built a highly experienced and competent management team, which is poised to lead Centrum into a high growth trajectory. An astute investor with a vision of identifying businesses that have immense growth potential. He is a qualified Chartered Accountant

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Jaspal Bindra

Executive Chairman

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Mr. Jaspal Bindra is a seasoned Banker with a successful global MNC career of over 30 years. He was previously the Asia-Pacific Head of Standard Chartered Bank and has also worked with Bank of America & UBS. He has vast expertise in all areas of banking including Treasury, Capital markets, Investment Banking and Consumer Banking.

Under his leadership, the Centrum Group has diversified its operations from a fee based business to a fee cum lending model with the introduction of Housing Finance, SME & Micro Finance businesses.

He is currently the Chairman of FICCI’s Maharashtra Council and a Governing Board Member of XLRI.

Board of Directors

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Chandir Gidwani

Chairman Emeritus

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A distinguished first generation entrepreneur. As the Founder of the company, he has set up a robust platform that offers integrated financial services for Institutions as well as Individuals. He has contributed greatly to building a strong reputation and goodwill for the Group and built a highly experienced and competent management team, which is poised to lead Centrum into a high growth trajectory. An astute investor with a vision of identifying businesses that have immense growth potential. He is a qualified Chartered Accountant

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Jaspal Bindra

Executive Chairman

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Mr. Jaspal Bindra is a seasoned Banker with a successful global MNC career of over 30 years. He was previously the Asia-Pacific Head of Standard Chartered Bank and has also worked with Bank of America & UBS. He has vast expertise in all areas of banking including Treasury, Capital markets, Investment Banking and Consumer Banking.

Under his leadership, the Centrum Group has diversified its operations from a fee based business to a fee cum lending model with the introduction of Housing Finance, SME & Micro Finance businesses.

He is currently the Chairman of FICCI’s Maharashtra Council and a Governing Board Member of XLRI.

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Mahakhurshid Byramjee

Non-Executive Director

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Mrs. Mahakhurshid Byramjee is a prominent businesswoman. Realty development, especially developing housing projects is her passion. She is an entrepreneur in her own right. She has been in the construction business for over a decade. Besides managing the construction business, she is also involved in the family business of shipping, transportation, equipment handling, port related activities & logistics.

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Rishad Byramjee

Non-Executive Director

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Mr. Rishad Byramjee is the Managing Director of the Casby Logistics Group of Companies since 2003. Established in 1857, the company is a market leader in stevedoring activities India.  Prior to taking on his current post, Rishad was actively involved in the Operations of the family business. In 2002 he gained a Master of Science degree with a specialization in Logistics and Supply Chain from the UK.

Under his leadership, the company expanded its Logistics operations from a regional scale to a pan-India scale within the business verticals of Air, Sea, Surface and Rail Cargo movement. Rishad's contemporary management style combined with the family values on which the company was built have influenced steady growth in the face of adversity and global slowdowns.

He leads the diversification and expansion program at Casby and has successfully initiated new businesses such as Solution Design, Warehousing and Refrigerated . He is also involved in the growth of the other Group offerings that include Construction & Real Estate development, Digital Security & Surveillance, telecommunications and Software Development. 

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K R Kamath

Non-Executive Director

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Mr. Ramchandra Kasargod Kamath started his career in Corporation Bank as an Officer Trainee in 1977. He has been the Chairman of Indian Banks’ Association (IBA) and Governing Board of Institute of Banking Personnel Selection (IBPS). He has also been the President of Indian Institute of Banking & Finance (IIBF) and Bankers’ Club, Delhi. He has been the member of Governing Board of National Institute of Bank Management (NIBM), Pune and Governing Council of Institute for Development & Research in Banking Technology (IDRBT), Hyderabad. During his career Mr. Kamath is known for his conceptual clarity, insight, communication skills and ability to build result oriented teams.

Mr. Kamath has led initiatives for promoting sound and efficient corporate governance practices where ever he worked. Mr. Kamath has been the Chairman and Managing Director (CMD) of Punjab National Bank ( PNB ) and has been successful in changing the public perception about PNB and improving rankings of the Bank on various prestigious platforms is evidence to the fact. Under the leadership of Mr. Kamath, PNB’s rank improved from 186th to 175th in The Banker’s Top 1000 Banks of the World. Prior to moving to PNB, Mr. Kamath was CMD of Allahabad Bank and Executive Director of Bank of India.

Mr. Kamath was also the Chairman of PNB Housing Finance where he played a key role in divestment of PNB’s stake and making PNBHF the first successful PPP in the financial services space during his tenure growing 6x in 4.5 years to become the largest unlisted housing finance company in the country.

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Rajesh Nanavaty

Non-Executive Director

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Mr. Rajesh Nanavaty is the Director of V K Nanavaty Share & Stock Brokers Pvt. Ltd, a member of the Bombay Stock Exchange (BSE). Prior to that, he was with The Dharamsi Morarji Chemical Co. Ltd for over 20 years as a Corporate Planner. He has a Science degree from the University of Mumbai, and has a Bachelor's degree in Chemical Engineering from USA. He has also completed a course in Corporate Planning from the Indian Institute of Management (IIM), Ahmedabad.

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Anjali Seth

Additional Director (Independent Non-Executive Director)

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Ms. Anjali Seth has over 25 years’ experience as a professional lawyer advising and consulting with Banks, Financial Institutions, and large corporates.

She started her career as a litigation lawyer and then moved to the corporate sector. She has advised and consulted on a range of matters including M&As, Private Equity (PE) Investments, Stressed Assets, Non-Performing Assets (NPAs), recovery matters, Industrial/Employee Relations, Corporate Governance, Real Estate Negotiations, etc.

She has been associated in various positions with International Finance Corporation, Swaadhar Finserve, ANZ Grindlays Bank, Emmar Properties and Standard Chartered Bank.

She holds a bachelor’s degree in law from University of Delhi and a bachelor’s degree in arts (honours) from Meerut University.

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Ibrahim Mohamed Sharif Belselah

Independent, Non-Executive Director

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Mr. Ibrahim Mohamed Sharif Belselah, has over 25 years of experience in Middle Eastern and international thought programs with a keen interest in entrepreneurial start-ups and consultancy across vertical industry sectors to build brand and increase return on investment.

He is a UAE national and Chairman of DIFC Investments LLC and Dubai Autodrome. He led the issuance of UAE’s first-ever Government Bond that set the platform for Dubai’s development in the capital market and that was oversubscribed 1.5 times. Mr. Belselah was a lead Counsel for Government of U.A.E. for the ‘Annual Meetings of the World Bank Group and the International Monetary Fund’.

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Manmohan Shetty

Independent, Non-Executive Director

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Mr. Manmohan Shetty is a Founder of Adlab Films Ltd., one of the largest entertainment corporation of India. He is currently a director of ADLABS Entertainment Ltd, Thrill Park Limited, Walkwater Media Limited among others. He is one of the most significant people in Indian Entertainment economy today and is seen as one of the key visionaries in the industry. He is currently a Council member of Film & Television Producers Guild of India. He has established India’s first and World’s largest IMAX dome theatre. He has held key position in media & entertainment focused government bodies & Federation including Ex-Chairman of National Film Development Corporation.

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Narayan Vasudeo Prabhutendulkar

Independent, Non-Executive Director

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Mr. Narayan has 37 years of experience in Finance, General Management & Operations in IT, Telecom, Manufacturing industries with American & European based multinational organizations & Tata Group (International business & Operations) with ability to resolve successfully multi-dimensional, dynamic & challenging issues of the Companies. He has successfully completed the program ‘HP Becoming a Business Partner: The CFO Mindset’ from The Wharton School in March 2006. He is also a qualified Company Secretary and Chartered Accountant.

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R.S. Reddy

Independent, Non-Executive Director

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Mr. Rajasekhara Reddy was the Ex-Chairman & Managing Director of Andhra Bank and an Executive Director of Union Bank of India. He has over 37 years of experience in the Banking Sector. He has varied exposure in rural and small & medium enterprises lending, NRI business, foreign exchange and cross- country products.

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Subhash Gundappa Kutte

Independent, Non-Executive Director

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Mr. Subhash Kutte has been a Banker through out his life. He had joined Ratnakar Bank in June 1980 and served the bank for thirty-four years, initially in an executive capacity across various departments, including MD & CEO, and in the last four years as its non-executive Chairman. He retired as the Chairman of Ratnakar Bank Ltd. in the year 2014. He is presently working as a “Senior Advisor” for the said Bank.

During his stewardship the Bank has overcome enormous challenges which included the raising of Capital funds to the tune of 300 crores. He has an experience of four decades in the field of banking. He holds a bachelor's degree in commerce. Mr. Kutte is also a Director on the Board of Ghatge Patil Industries Ltd. since the year 2014.

Business Leadership

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Nischal Maheshwari

CEO - Institutional Equities

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Nischal comes with over 20+ years of rich experience focused on Institutional Equities, having handled both the Research and Sales function for the Institutional Broking business, Investment Banking , Portfolio Management Services ,etc.

Nischal moves to Centrum after a long and successful stint as Head of Institutional Equities at Edelweiss Securities Ltd., where he led the large institutional business and equity research team of over 200 in Asia. He was instrumental in taking Edelweiss to the top spot in the Institutional Broking space. He has strong corporate relationships and is well networked in the equity markets and industry, having leveraged his relationships for closing Investment Banking deals as well, at Edelweiss.

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Rajendra Naik

MD - Investment Banking

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Rajendra has over 25 years of experience across multiple market cycles in Equity Capital Markets, Corporate Finance, Debt Structuring and Placements and Project Finance. He is a member of the team that founded the Centrum Group in 1996.

A Commerce Graduate, Rajendra has completed his Masters in Management Studies (MMS) from Sydenham Institute of Management Studies, Mumbai

  • Initial Public Offer for Canara Bank Rs 3850 mn
  • Initial Public Offer for DB Corp Rs 3842 mn
  • Initial Public Offer for Adlabs Entertainment Rs 3750 mn
  • Initial Public Offer for Union Bank Rs 2880 mn
  • Initial Public Offer for Uco Bank Rs 2400 mn
  • Qualified Institutional Placement of Indiabulls Financial Services Rs 12,820 mn
  • Qualified Institutional Placement of Syndicate Bank Rs 11,500 mn
  • Follow-on Public Offer for Allahabad Bank Rs 8,200 mn
  • Follow-on Public Offer for Punjab National Bank Rs 31,200 mn
  • Right Issue for Godrej Consumer Rs 3968 mn
  • Right Issue for Jyoti Structures Limited Rs 3,694 mn
  • Buy Back of Deccan Chronicle Rs 3500 mn
  • Bond Placement of IDBI Rs 41,500 mn
  • Sale of Adlabs Film Exhibition business to Reliance ADAG Rs 7,000 mn
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Rajnish Bahl

MD & CEO - Group Retail Financial Services

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Rajnish has over 25 years of experience in project financing, wealth management, credit and risk management and distribution strategy both in India and abroad.

He is the founder member of Centrum Wealth management and has played a key role in setting up the business and successfully growing it to a USD Billion. Under his leadership, Centrum Wealth has branched in to diverse areas such as Investment Advisory, Research, Family Office Services, Retail Broking and Insurance.

Prior to joining Centrum, he led HSBC’s Branch Banking and Wealth Management businesses, which is now acknowledged as the market leader in this space. He has also worked with Citibank, ANZ Grindlays and KPMG in his earlier assignments.

He is a Chartered Accountant who holds an All India Merit rank of 15th and a Gold Medal in Auditing.

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Ranjan Ghosh

MD & CEO - NBFC

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Ranjan has close to 25 years of rich experience in the Banking & Financial Service Industry. He brings a wide array of professional and industry contacts, a deep understanding of Risk Management and Financial Markets and international best practices in Governance, Human Resources, etc.

Ranjan joins us from Standard Chartered Bank where he was the Global Head of Commercial Banks, Securities & Asset Financing sector and was responsible for the P&L of the bank’s Wholesale Banking franchise. He has held several Senior Management roles in Standard Chartered in India and Singapore. He was also associated with HSBC and CRISIL.

Ranjan has done his Masters of Business Administration from The University of Northern Iowa - USA and Bachelor of Electrical Engineering from Jadavpur University, Kolkata.

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Sandeep Upadhyay

MD - Infrastructure Advisory

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Sandeep Upadhyay joined Centrum Capital Limited in June 2008 and is currently serving as Managing Director of Infrastructure Practise at Centrum Capital Limited. As a senior Coverage Banker he is responsible for covering the Stressed asset resolution apart from leading Investment Banking initiatives across core sectors like Transportation, Logistics, Energy & Utilities space.

He is an alumnus from XLRI, Jamshedpur besides holding a Post Graduate Degree in Project Management specialising in Infrastructure sector alongwith a Bachelor’s degree in Civil Engineering from Gujarat University. He has over sixteen years of extensive experience in raising Private Equity, Project Finance and advising Government & established private sector clients on M&A, Stressed asset resolution and Bidding initiatives.

Prior to Centrum, he worked with SBI Capital Markets and with IL&FS Group in financial advisory and fund raising domain on marquee Infrastructure Projects.

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Sanjay Shukla

MD & CEO - Housiing Finance

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Sanjay has close to 25 years of rich experience in Financial Services that includes setting up of Housing Finance Companies and launch of Retail Banking business in newer geographies. He brings a wide array of professional and industry contacts, a deep understanding of Housing Finance, Consumer Finance, Retail Banking, Treasury Management, Internal Audit, etc.

Sanjay joins us from CentBank Home Finance Limited where he was the Managing Director and was responsible for the P&L of the Housing Finance Business. He has successfully transformed its business, delivered superior results to shareholders, built a high performing team, increased market share and profitability.

He has also worked with organization like ING Vysya Bank, Tata Capital Housing Finance Limited, Citi Bank and Hometrust Housing Finance Limited which was later merged into HDFC Limited.

Sanjay has done his Chartered Accountancy from The Institute of Chartered Accountants of India and Graduation from Christ Church College, Kanpur University.

Corporate Resources

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Deepa Poncha

Human Resources

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A senior Human Resources professional with over 22 years of work experience across a breadth of functions within the Human Resources field, Deepa has held H R leadership positions across leading domestic and international Companies.

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Dibyanshu Lahiri

Digital & Technology

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Dibyanshu comes with over 18 years of experience into Digital / IT / strategy consulting and transformation in varied industries including banking and insurance. Prior to this, he was associated with organisations like IBM, Accenture , Infosys and others. Dibyanshu has completed B. Tech in Mechanical Engineering from IIT Bombay and PGDM (MBA) from IIM Calcutta.

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Raji Vishwanathan

Legal, Compliance & Secretarial

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Raji has over 33 years of experience, of which she has spent 16 years with Larsen & Tubro. Her last assignment was with L & T Financial Services where in she was serving as Group General Counsel. Additonially, through her career she has worked with Batliboi Environmental Engineering Ltd. and Brittania Industries. Raji has completed her Bachelor in Science – Micro Biology, Diploma in Business Management and Masters in Constitutional Law & International Law.

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Shailendra Apte

Strategic Initiatives

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Shailendra has been associated with the Group since inception, and has played a vital role in its growth and expansion. As part of Chairman’s office, over the years he has been directly associated with each one of our businesses and also has a deep understanding of the nuances of each. He has also helped structure our new ventures and always played an important role in their launches etc.

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Sriram Venkatasubramanian

Finance

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Sriram Venkatasubramanian holds an engineering degree from BITS, Pilani and a PGDM from IIM, Bangalore. He has about 22 years of experience in Financial Services, Corporate Finance and IT.
He has been with Centrum Group for about 12 years in multiple roles spanning Business, Strategy and Operations for Capital Markets, Wealth Management and lending, Prior to Centrum, he has worked as the country manager of Aptuit Informatics, a software product company, Vice President in Esaar Group where he worked on Acquisitions and Financing.

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Sushen Jhingan

Business Development & Strategic Initiatives

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Sushen has close to 25 years of rich experience largely in the Banking & Financial Service Industry. He has held a number of senior roles in Standard Chartered Bank, across Strategy and Governance, Strategic Sourcing and Vendor Management, Corporate Real Estate, Project Management and Operations.Sushen has completed a number of Executive Leadership Programs from leading institutes including Oxford and INSEAD post his Bachelors degree.