Board of Directors
James L. Greenberg, Chairman and Co-Founder, DevCorp International
James joined the Grameen Capital board as Chairman in 2007. In 1995, he co-founded DevCorp International, a GCC-based venture development and investment company with active projects spanning aquaculture, petrochemicals, manufacturing, energy efficient building materials, and telecom/IT. He also co-founded AquaFarms to focus on aquaculture development in the GCC countries. Prior to founding DevCorp and AquaFarms, he developed and managed two large joint venture companies in Saudi Arabia focused on infrastructure projects and defense services.
A former Army Pilot in both fixed and rotary wing aircraft, Jim is a 1968 Graduate of West Point and holds advanced degrees from Harvard Business School, the University of Southern California, and the Industrial College of the Armed Forces.
Sanjay Nayar, CEO, KKR India Advisors
Sanjay joined the Grameen Capital board as an Independent Director in 2010. His experience spans 25 years at Citigroup, most recently as CEO of Citi’s Indian and South Asian operations and as a member of Citigroup’s Asia Executive Operating Committee and Global Senior Leadership Committee. Prior to his assignment at Citi India, Sanjay headed Salomon Smith Barney's Emerging Markets capital markets, sales and trading businesses in New York. He was also Citibank's Global Head for Emerging Markets Equities in London.
Sanjay was the Deputy Chairman of the Indian Banks’ Association (IBA), Chairman of the Foreign Banks’ Committee of the IBA, a member of the Board of USIBC, Co-Chairman of the Banking Committee for the Federation of Indian Chambers of Commerce and Industry (FICCI), and Co-Chairman of the Habitat for Humanity India Builds campaign.
Sanjay is a mechanical engineer from the Delhi University and holds an MBA in Finance from the Indian Institute of Management, Ahmedabad.
Camilla Nestor, Vice President of Microfinance Programs, Grameen Foundation
Camilla joined the Grameen Capital board as a Director in 2010. She joined Grameen Foundation in August 2005 and previously served as Growth Guarantees Manager and Director of the Capital Management and Advisory Center. She was appointed Vice President for Microfinance in April 2009. She has 14 years of experience in microfinance and commercial banking.
Before joining Grameen Foundation, she worked in Citigroup’s Structured Corporate Finance Department where she executed credit-enhanced debt financings for emerging markets firms in Africa, the Middle East and Eastern Europe. Prior to joining Citi, she spent five years on the ground in Southeast Asia, the Balkans, and Africa working with microfinance institutions on start-up, new product development, and capital raising.
Camilla holds an MBA and a masters degree in International Affairs from Columbia University and a bachelor’s degree in Political Science and International Relations from Colorado College. She speaks Bahasa Indonesia and is conversant in French.
Abhijit Sen, CFO, Citigroup South Asia
Abhijit joined the Grameen Capital board as a Director in 2008. He is a key member of the senior management team at Citigroup South Asia and participates in all policymaking, governance and strategic forums. He is also a board member of all Citi entities operating locally and supports the CEO in a variety of responsibilities outside core Finance. Abhijit joined Citigroup as Cluster Financial Controller and was designated Cluster CFO in 2000. Previously, he served as Financial Controller for the Global Consumer Bank during 1990-93.
Abhijit holds a B. Tech (Hons) from the Indian Institute of Technology, Kharagpur and an MBA in Finance & Information Systems from the Indian Institute of Management, Calcutta.
Bahram N. Vakil, Founder & Senior Partner, AZB & Partners
Bahram joined the Grameen Capital board as an Independent Director in 2007. One of the founding partners of AZB & Partners, Bahram is amongst India’s foremost infrastructure and project finance attorneys. Bahram has been involved in five of the eight fast track power projects and has been acknowledged as a leading project finance lawyer by international publications for over a decade.
Bahram is also a member of the core group headed by Lewis J. Mendelson Esq. and set up by the Securities Exchange Commission, USA and the Securities Exchange Board of India for the project titled “Financial Institutions Reforms and Expansion” to develop the bar for securities laws in India.
Bahram holds a LLM from Columbia Law School, and is a member of the New York State Bar.
Sucharita Mukherjee, CEO, IFMR Capital
Sucharita joined the Grameen Capital board as a Director in 2009. Sucharita is the CEO of IFMR Capital and a Senior Vice President of IFMR Trust. Previously, Sucharita led the origination and structuring effort in credit derivatives and structured finance for corporates at Morgan Stanley in London. Her work included developing innovative asset-backed financing structures in such areas as intellectual property and health-care receivables. She was also part of the credit derivatives team at Deutsche Bank in London, structuring credit-derivatives-linked repackaged investments for financial institutions.
Sucharita holds an MBA from the Indian Institute of Management, Ahmedabad.
Anil Kumar SG, CEO, KGFS Capital Partners and IFMR Rural Finance
Anil joined the Grameen Capital board as a Director in 2008. He is responsible for spearheading the initiative of setting up a new model of Rural Finance by creating KGFS entities nationwide. His prior experience includes working with a large Private Sector Bank as Head of Emerging MFI team. He has 17 years of experience in various areas of Banking including agricultural lending and retail banking. He worked with Public Sector Bank for five years from 1991-1996 during which he was involved in rural banking. He joined the large private sector bank in the year 1996 with the retail banking division. He has had several assignments with the private sector bank including marketing, branch operation and that of a branch manager.
Anil holds Master in Management degree from Asian Institute of Management, Manila and Bachelors degree from Osmania University, Hyderabad.
Leadership
Royston Braganza, CEO, Grameen Capital
Royston joined Grameen Capital in 2007 to launch the organization as CEO. He currently oversees all aspects of operations in India.
In his earlier assignment as Senior Vice President at HSBC, Royston was instrumental in setting up and heading HSBC's Microfinance & Priority Sector business. Prior to that, he was the head of HSBC's SME Business. Before joining HSBC, Royston worked in Citibank India for over 8 years in various assignments across the Consumer Bank and Corporate Bank.
He is a board member of Sa-Dhan and a member of the Microfinance Resource Group. He has been invited by the United Nations to address various programs, in India and globally, promoting microfinance as a sustainable tool to eradicate poverty.
Royston holds a Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Shashi Shrivastava, Senior Vice President, Grameen Capital
Shashi joined Grameen Capital in 2008 and currently oversees the debt and equity advisory practices.
He previously worked at ABN AMRO Bank (India) where he was involved in setting up the India microfinance business unit and establishing it as the first amongst foreign banks and one of the largest players in the Indian microfinance space. Previously, he worked at Friends of Women’s World Banking (FWWB), an affiliate of Women’s World Banking USA, as part of the team managing the Microfinance portfolio across India and also engaged in technical assistance for MFIs under a USAID-sponsored program.
Shashi holds a PGDM from IIFM, Bhopal with an elective in Microfinance and an undergraduate degree (hons.) in Mathematics from Dayalbagh University.