IFCI Factors
IFCI Factors

Board Of Directors

Shri Rahul Bhave

Shri Rahul Bhave is a senior banker with over 24 years of commercial banking experience in various capacities and has served across the country. He has served in National Housing Bank as Executive Director since 2020. He has worked to encourage a sound housing and housing finance system in the country, through effective supervision of HFCs and refinance to strengthen the grassroot credit delivery network.

Has experience of heading zone in commercial Bank. Apart from his expertise in retail operations, he also carries experience in the areas of Refinance, Supervision, Recovery, Risk Management, and IT.

He has also served in committees established by RBI and IBA on emerging technologies in banking and Risk Management.

Shri Bhave has an MBA in Public Management & Policy from IIM, Ahmedabad, and a Postgraduate in Statistics. He is also a qualified CAIIB professional.

Besides IFCI Factors Ltd. Shri Rahul Bhave is also on the Board of Stock Holding Corporation of India Ltd., IFCI Venture Capital Funds Ltd., IFCI Ltd. and IFCI Infrastructure Development Ltd. Shri Rahul Bhave is also on the Board of Governors of Institute of Leadership Development.

Mr. Ashok Kumar Motwani
(Additional Director)

Mr. Ashok Kumar Motwani is a Finance professional with over three decades of experience in the core areas of Investment & Corporate Banking, Project Appraisal and Advisory services, Structured Finance, Debt Syndication, Trusteeship Activities, Custodial Services, NPA resolution etc. The above experience includes his 4 years stint as Managing Director & CEO of IDBI Trusteeship Services Ltd. (ITSL). From May 2011 till July 2014, he was Managing Director & CEO of Stock Holding Corporation of India Ltd (SHCIL), (on deputation from IDBI Bank). IDBI Bank divested its entire shareholding in SHCIL and he opted to get repatriated to his parent organization viz. IDBI Bank in August 2014. He took premature retirement as Chief General Manager of IDBI Bank in August 2016 to join Beacon Trusteeship Ltd. as its Chairman & Managing Director. Since November 2019, he has moved to Bangalore but continued to be associated as Executive Director of Beacon Trusteeship Ltd. (a SEBI Registered Trustee Company) having its Registered Office in Mumbai. He is a part time Advisor to Mudra (a subsidiary of SIDBI) and also Nabsamrudhi (a subsidiary of NABARD) for their securitization business.

Presently, he is on the Board of Stock Holding Corporation of India Limited, Beacon Trusteeship Limited and LAS Warehousing Solutions Pvt. Ltd.

Mr. Sachikanta Mishra
(Nominee Director)

Mr. Sachikanta Mishra is a post graduate in Mathematical Economics and is currently working as Chief General Manager in IFCI Ltd. Mr. Mishra has over 20 years of experience in various fields like Macro-modelling, Corporate Advisory, Risk Management, Project financing, corporate finance etc. He is currently holding a post of Chief Credit Officer of IFCI Ltd. Before holding charge as Chief Credit Officer he was in charge of Mumbai and Delhi Regional Office of IFCI Ltd.

Mr. Suresh Kumar Jain

Mr. Suresh Kumar Jain has over 36 years of Rich experience with Public Sector Banks in India. He has served as an Executive Director of Union Bank of India where he was overseeing operations of the Bank in London, Hong Kong, Abu Dhabi, Dubai, Beijing, Shanghai, Antwerp and Sydney and also responsible for Human Resource Development, Management of non-performing assets/stressed assets portfolio of the Bank and Management and Development of Micro, Small and Medium Enterprise portfolio of the Bank.

Prior to Union Bank of India, he has served upto the position of General Manager, National Banking Group-Western India at Bank of India where he looked after oversees banking, processing of Large credit proposal. He has also worked as Manager (Credit) in Bank of India, Hong Kong overseeing one of the largest international portfolio of international trade finance and loan syndications for the Bank.

Mr. Alan Savio
(Managing Director)

Shri Alan Savio has a Post Graduate Diploma in Management (Finance) and BE (Computer Engineering). He has been associated with IFCI since 2009 and has experience in Venture Capital, Corporate Advisory, Corporate Lending and Project Finance. He has handled business development, deal evaluation and structuring of equity and quasi equity investments, underwriting & syndication for infrastructure projects, resolution of stressed assets, recovery from Non Performing Assets and divestment of unquoted equity investments. He has also headed IFCI’s Ahmedabad Regional Office.

Apart IFCI Limited, he has worked with IFCI Venture Capital Fund Limited and has earlier represented IFCI on the Credit Committee of IFCI Factors Limited. He has also been on the Board of Directors of Gujarat Industrial and Technical Consultancy Organisation Limited (GITCO) and on the Investment Committee of Golden Gujarat Growth Fund-1 (managed by GVFL Limited) in addition to the Board of Directors of various other investees companies of IFCI Limited. Presently, Shri Alan is also on the Boards of IFCI Financial Services Limited, IFIN Securities Finance Limited and IFIN Commodities Limited.

Prior to joining IFCI Limited, he worked with Tata Consultancy Services Limited and led a team in Business Analysis, Application Development, Performance Engineering and Risk Mitigation for projects of GE Commercial Finance.

Ms. Pooja Mahajan

Ms. Pooja S. Mahajan is General Manager at IFCI Ltd., currently managing Human Resources, Corporate Communication, CSR and ESG Functions. In addition, she is also Chief Executive Officer, IFCI Social Foundation and a Trustee on its Board of Trustees. She has over 20 years of experience in the areas of Human Resource Management, Learning & Development, General Administration, Corporate Communication and Corporate Social Responsibility. Additionally, over the years she has also handled responsibilities in Corporate Advisory Services, Sugar Development Fund and as Chief Operating Officer in IFCI Venture Capital Funds Ltd, an IFCI Group Company.

She has been successfully leading, supervising and guiding diverse teams. She is recipient of the award from World HRD Congress for being among 100 HR Super Achievers in India 2018.

She is an Economics graduate from Delhi University, has pursued PGDBM from Fore School of Management and PGCHRM from XLRI, Jamshedpur. She is well travelled and has also attended international Executive Education Programs at the Stanford Graduate School of Business and the London Business School.