Bengaluru: UGRO Capital, a datatech NBFC focused on MSME lending, has elevated Anuj Pandey, as the Chief Executive Officer (CEO) of the company. Pandey is one of the founding team members of UGRO and currently its Chief Risk Officer.
The appointment reflects UGRO’s commitment to strengthening institutional leadership as it scales its MSME lending franchise, the company said in a statement.
Pandey has been an integral part of UGRO since inception, having built the Company’s risk governance framework and credit architecture. He brings around twenty-five years of diverse experience across companies like GSK consumer, ABN AMRO Bank, Barclays Bank & Religare where he held leadership roles in business and product strategy. He holds a B. Tech degree in Mechanical Engineering and is an alumnus of the Indian Institute of Management, Lucknow.
In his elevated role as CEO, Pandey will lead UGRO’s pan-India MSME business operations, digital platforms, and partner ecosystem. He will report to Shachindra Nath, Founder, Vice Chairman and Managing Director, who will continue to guide the Company’s long-term strategy, investor partnerships, and governance.
This appointment comes at a defining moment for UGRO, having crossed ₹12,000 Crores AUM in MSME financing, built over 300 branches, announced the strategic acquisition of Profectus Capital and a large capital raise.
Shachindra Nath, Founder and Managing Director, UGRO Capital, said: “Anuj’s elevation as CEO is a natural progression in UGRO’s evolution as an institution. As a founding member and Chief Risk Officer, his deep understanding of MSME lending, risk, and technology-driven operations makes him ideally suited to lead execution. I will remain fully accountable for UGRO’s strategic and governance matters, while Anuj takes full charge of the business.”
Anuj Pandey, CEO, UGRO Capital, added, “I look forward to leading the next phase of growth — expanding our MSME reach, scaling embedded finance, and continuing our mission of ‘solving the unsolved’ credit gap with discipline and innovation.”
The appointment reflects UGRO’s commitment to strengthening institutional leadership as it scales its MSME lending franchise, the company said in a statement.
Pandey has been an integral part of UGRO since inception, having built the Company’s risk governance framework and credit architecture. He brings around twenty-five years of diverse experience across companies like GSK consumer, ABN AMRO Bank, Barclays Bank & Religare where he held leadership roles in business and product strategy. He holds a B. Tech degree in Mechanical Engineering and is an alumnus of the Indian Institute of Management, Lucknow.
In his elevated role as CEO, Pandey will lead UGRO’s pan-India MSME business operations, digital platforms, and partner ecosystem. He will report to Shachindra Nath, Founder, Vice Chairman and Managing Director, who will continue to guide the Company’s long-term strategy, investor partnerships, and governance.
This appointment comes at a defining moment for UGRO, having crossed ₹12,000 Crores AUM in MSME financing, built over 300 branches, announced the strategic acquisition of Profectus Capital and a large capital raise.
Shachindra Nath, Founder and Managing Director, UGRO Capital, said: “Anuj’s elevation as CEO is a natural progression in UGRO’s evolution as an institution. As a founding member and Chief Risk Officer, his deep understanding of MSME lending, risk, and technology-driven operations makes him ideally suited to lead execution. I will remain fully accountable for UGRO’s strategic and governance matters, while Anuj takes full charge of the business.”
Anuj Pandey, CEO, UGRO Capital, added, “I look forward to leading the next phase of growth — expanding our MSME reach, scaling embedded finance, and continuing our mission of ‘solving the unsolved’ credit gap with discipline and innovation.”
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