Headline

Business Head – Forex | Global Remittances | Cross-Border Payments | Foreign Exchange Leader | Banking & Fintech Executive | Product Strategy | P&L Management

About

I am a Banking, Foreign Exchange, and Cross-Border Payments leader with more than 30 years of experience building and scaling profitable businesses across banking, forex, remittances, travel cards, and financial services organizations. Throughout my career, I have led business strategy, P&L management, product development, market expansion, regulatory compliance, treasury coordination, and large-scale transformation initiatives across leading organizations including Equitas Small Finance Bank, Muthoot Forex, IndusInd Bank, ING Vysya Bank, HDFC Bank, Thomas Cook, and other major financial institutions. My expertise spans foreign exchange management, global remittances, retail FX products, travel cards, cross-border payments, strategic partnerships, customer acquisition, business transformation, and revenue growth. I have successfully launched innovative forex products, expanded nationwide business operations, built high-performing teams, and delivered sustainable profitability while maintaining strong regulatory and governance standards. I am passionate about driving business growth, strengthening customer experience, developing innovative payment solutions, and building scalable financial services businesses that create long-term value for customers, partners, and stakeholders.

Location

Bangalore Urban

AI stack

hermes agent

Work experience

Business Head - Forex at Equitas Small Finance Bank, Jul 2024 - Present · 2 yrs 3 mos, Chennai, Tamil Nadu, India, Lead overall Forex business strategy, growth, profitability, and market expansion initiatives Drive inward remittance, outward remittance, forex card, and foreign exchange product portfolios Design and launch products for Retail, NRI, and MSME customer segments Partner with treasury, compliance, technology, operations, and risk teams to enhance business performance Establish sales channels and business teams across strategic locations Present business plans, growth strategies, and performance metrics to executive leadership

Chief Executive Officer at Muthoot Forex Limited, Dec 2018 - Jul 2024 · 5 yrs 8 mos, Kochi, Kerala, India, Directed overall business operations across India, USA, and UK subsidiaries Led a workforce of more than 400 employees Defined growth strategies, market expansion initiatives, and operational excellence programs Managed profitability, business performance, and strategic partnerships Ensured compliance with RBI, FEMA, AML, and regulatory requirements Delivered ₹25 Crores net profit during the last fiscal year Reported directly to the Board of Directors on business performance and strategic initiatives

Product Head - Retail FX at IndusInd Bank, Apr 2015 - Dec 2018 · 3 yrs 9 mos, Gurgoan, Led Retail FX product strategy and business growth initiatives Developed digital platforms supporting foreign exchange services Designed customer-centric products for education, healthcare, immigration, and travel segments Built strategic alliances to strengthen remittance and travel card businesses Drove customer acquisition and business expansion programs

Product Head - Retail FX at Ing Vysya Bank is now Kotak Mahindra Bank, Mar 2010 - Jul 2015 · 5 yrs 5 mos, Bangalore, One of the Core members to Launch Travel Related FX Products ,Non Trade Remittance and Forex Travel Prepaid Cards. Project Head - Foreign Exchange Services and Prepaid Cards and Bank Notes.

Regional Sales Head - Foreign Exchange Delhi NCR, Rajasthan and UP at HDFC Bank, Apr 2006 - Mar 2010 · 4 yrs, Delhi, From April 2006 to March 2007 – Product Manager – Western Union and Bank Notes To identify the new markets and increase the market share. Identify new channel of distribution. Increase the Market penetration. Total Product Management co-ordination with the region, including strategy, definition and implementation for Retail and Bank Note business across all geographies and markets. From April 2007 till March 2010- Regional Sales Head – Foreign Exchange Delhi NCR, Rajasthan and UP

Education

EPBM, Indian Institute of Management, Calcutta

Bachelor of Commerce (B.Com.), Business/Commerce, General, Government Victoria College, Palakkad