Board of Advisors


S B Mathur

Mr. S B Mathur, B.Com., FCA, ICWA has over 45 years of experience in the Insurance and Housing Finance fields. In his illustrious career he has served as the Chairman of the Life Insurance Corporation of India, as the Non-Executive Chairman of National Stock Exchange of India Ltd. , as the Chairman of IDFC Trustee Co. Limited, Orbis Financial Corporation Limited, UTI Technology Services Ltd., UTI Infrastructure & Services Limited, LIC HFL Care Homes Limited, Grasim Industries Ltd. He has been a Director on ITC Foods Limited, UTI Bank Limited; IL & FS Limited; National Investment Fund; National Stock Exchange of India Ltd.; National Collateral Management Services Limited; Munich Re India Services Private Limited; EMD Locomotive Technologies Private Limited; AIG Trustee Company (India) Private Limited; Universal Sompo General Insurance Company Limited, AXIS Bank Limited, Ken India Assurance Company Ltd.; National Commodities & Derivatives Exchange Limited and National Housing Bank. He has been a Non-Executive Independent Director of ITC Limited, as an Independent Director of Samruddhi Cement Ltd., Havells India Ltd., DCM Shriram Industries Ltd., UltraTech Cement Limited, Housing Development and Infrastructure Limited, ITC Hotels Ltd.He is a Fellow Member of the Institute of Chartered Accountants of India and also a Member of the Institute of Cost and Works Accountants of London. He was also sponsored by the United States Agency for International Development (USAID) for training program on housing finance at the Wharton Business School of the University of Pennsylvania.

S Sridhar

S Sridhar is an IIT/IIM alumnus and has vast knowledge about the banking industry, housing industry, the financial sector and the economy as a whole. Shri Sridhar has strategic insights into risk management practices, micro financing, long term measures for high inflation rate, FDI in retail sector etc. After all the domain knowledge and technical aspects his chief key advice is “Keep working hard“ despite the ephemeral high and lows.

S K Battacharyya

Sanjay Kumar Bhattacharyya, the former Managing Director and Chief Credit & Risk Officer with State Bank of India, is an astute senior level banker with over 38 years of experience spanning International and Corporate Banking across geographies, Retail Banking, Credit & Risk Management, Liability Management, Human Resource Management as CEO of three banks, including State Bank of India, State Bank of Bikaner & Jaipur and SBI (International) Mauritius.

He has participated in providing leadership to the Indian Financial System and being in the forefront of various initiatives undertaken by the SBI Group

A graduate of St. Stephens college, Mr. Bhattacharyya was the Managing Director of SBI from October 2007 to October 2010, and was responsible primarily for the management of the entire credit portfolio of the bank, ensuring implementation of sound credit and risk management policies and procedures and, in addition, being involved in the overall management of the bank in terms of policy formulations and strategies.

Subhash Chandra Bhargava

Mr. Subhash Chandra Bhargava,, from Delhi University is a Fellow of the Institute of Chartered Accountants of India.

Shri Bhargava brings in over 40 years of experience and knowledge in the field of Banking and Finance. He had held number of leadership roles within Life Insurance Corporation of India. He has served as Executive Director (Investment) with the Life Insurance Corporation of India wherein he was responsible for looking after investment functions like debt, equity, monitoring corporate sector, investment in infrastructure as well as social sector which involved dealing with State Government bodies and Central Government Undertakings etc. He was with Life Insurance Corporation of India from December 12, 1967 till he retired in July 31, 2005. Presently he is practicing as an independent Financial Consultant over a reputable clientele including Banks and Financial Institutions like Bank of Rajasthan and IL & FS Invests mart etc. He serves as the Chairman of A. K. Capital Services Limited and OTC Exchange of India.

He has been an Independent Non-Executive Director at Cox & Kings Limited; Escorts Limited; and Jaiprakash Associates Limited and has been an Independent Director of Aditya Birla Nuvo Limited, as a Director of Antique Finance Private Limited, UTI AMC Limited; A.K. Capital Services Limited; UTI Retirement Solution Limited; G.K. Industrial Park Private Limited; Escorts Construction Equipment Limited; Max Mobile Communications Limited, Swaraj Automotives Limited etc.

Ashok Dutta

Shri Ashok Kumar Dutta is a very Senior Banker having spent a career spanning over 36 years in Banking. He started his career with the Allahabad Bank in 1978 and rose to becoming General Manager in 2010. Thereafter he joined the Dena Bank as executive Director and retired as a Whole time Director of the Bank in 2014.

He is qualified M Sc Geology, CAIIB Banking (IIBF) and MBA Finance. He brings in his mature experience to Strugence in all aspects of Banking.

Nimish Shah

Nimish Shah, an M.B.A graduate from St. Xavier University, Chicago, USA, started his career with CIFCO Finance Ltd in 1986 as a Management Trainee in various facets of financial services. Six years later in 1992 he started Fortune Financial Services (India) Limited which provided financial services including stock broking, merchant banking, investment banking and allied financial services to the corporate sector, as well as institutional and retail investors.

Nimish Shah is well known in the capital markets and the investment banking fraternity. Fortune has carved a niche for itself in the areas of global capital markets and was a leading arranger for FCCBs / GDRs / ECBs / Private Equity for Indian corporate houses.

In March 2014 Nimish Shah, floated, M/S. Fortune Financial & Equities Services Pvt. Ltd.,which was instrumental in being the sole adviser to KKR Pvt Equities US$.150 million investment in JBF Industries Ltd.

Apart from being a Banker Nimish is a committed philanthropist, social worker and an educationist.

He has lectured at the Bankers Training College - Mumbai on Marketing of Merchant Banking Services, at the Study group of Chartered Accountants, Matunga Circle, and WIRC of ICAI on Merchant Banking Services and also at Narsee Monjee Institute of Management Studies. As well as S P Jain Institute of Management Studies.

Nimish Shah very active Rotarian and member of the Rotary Club of Bombay Queens Necklace and recipient of various Rotary Awards for excellence in community service.

Ashok Shinkar

Mr. Ashok Shinkar was the CEO – Wholesale Credit at Capital First Limited (CFL), a NBFC, and majority owned by Warburg Pincus. Prior to which he was CFO of CFL.

Ashok was on the Board of Wanbury Limited, a Pharma company, where he headed finance function & also handled strategy, accounts, taxation, mergers and acquisitions and finance mobilizations

Past experiences include, investment banking experience in SSKI and JM, Morgan Stanley, where Ashok, handled Corporate Finance Advisory; M&A; Private Equity; Debt and Equity Structuring; and Merchant Banking activities

Ashok is a Bachelor of Commerce from Sydenham College of Commerce & Economics, Mumbai and a Chartered Accountant.


Our Team


Sanjeev Verma

Sanjeev Verma has been working in the field of CSR, sustainability and impact investing for fast several years. He Co-Founded Indian Centre for Corprate Social Responsibility(ICCSR) as advisory,training and research firm to advice Indian companies on CSR & sustainablity strategy. ICCSR launched India's first MS Program in CSR & Ethical Management in association with UAS, Vienna. He has advised compnaies on CSR/Sustainablity Strategy and conducted workshops for senoir Management. He was founding editor of 'CSR Today'. Earlier, he worked in sectors such as technology, Media, Manufacturing and retail with Naval Dockyard, Raptakos-Brett, Vogel-Jasubhai Media, ERIL/AdFactor Group,CBS Interactive, Belle View Pic in leadership positions.

He is a graduate in engineering from National Institute of Technology(MNNIT) with specialization in marines Engineering from Naval Technical Institute. He earned MBA from Southeastern University Washington DC.

Prem Shinkar

Prem Shinkar has been an Entrepreneur having spent over 29 years in the Printing & Publishing and IT space. Starting his career in 1987 with ORG Systems as a Marketing Executive of Unix based & Oracle based supermini systems as well as application software products, he handled accounts in the BFSI space. He moved on to enterprise in 1990 in Desk Top Publishing & Printing business. Since he was always in touch with IT, Internet & Web based technologies he pursued a second profession with Telescient Technologies as India Marketing Head. He is a co-founder and Director at Strugence Business Platforms Private Limited an IT enabled Services and Software development Company. At Strugence Business Platforms he has led the creation of several IT assets -,,, and SIMS (Structured Investments Management System). He is involved in defining the Business requirements, the scope, the architecture, the user interfaces of the IT products and project management of the development, branding etc. as well as operations and administration of the Portals.

Our Partners

HFCL Noble Ideas IRCON INFRASTRUCTURE & SERVICES LTD Castrol Crompton Greaves Limited