Meet our Management Team

Jagadish Babu
Mr Jagadish Babu Ramadugu

Managing Director & Chief Executive Officer

Mr Jagadish Babu Ramadugu is the Managing Director & Chief Executive Officer of Pragati Finserv Pvt Ltd. He holds a BTech degree (Electronics and Communications) from Nagarjuna University and a PGDM from the Indian Institute of Management, Ahmedabad.

Prior to joining Northern Arc, he was the co-founder and MD&CEO of Vaya Finserv Private Limited for 5 years. He has also worked in management and executive roles with Satyam Infoway Limited, Hindustan Coca-Cola Beverages Private Limited, Spencer's Retail Limited and Asian Paints (India) Limited.

He has over 20 years of professional experience. Previously, he was elected as a member on the board of the Microfinance Institutions Network (MFIN), an industry body where he also served as the chair of the credit bureau task force and was member of its self-regulatory organisation committee and the fintech committee.

Vijay Kumar
Mr Vijay Kumar

Chief Operating Officer

A Micro Finance Industry veteran, Mr Vijay has 17 years' experience in driving business with Industry leaders in MFI Industry viz. Bharat Financial Inclusion, Accion & Vaya Finserv. In his last assignment he was Head of Business - MFI at Save Solutions. He has completed PGDRM from IRMA.

Vijay is driving the business growth at Pragati Finserv.

Anil Kumar
Mr Anil Kumar Gujja

Chief Information Officer

Mr Anil Kumar brings Technology & Data insight with a special focus on Financial Services Industry. He has 21 years' experience with great Technology companies viz. Intel, ADP, TCS & Financial Services companies viz. JP Morgan Chase, Vaya Finserv. In his last assignment he was the CIO & CTO with Vaya Finserv. He has done BTech from NIT Jalandhar.

Anil is focused on creating a robust AI & Data Analytics driven next-gen platform at Pragati Finserv.

Kannan Arthanari
Mr Kannan Arthanari

Head - Internal Audit

Mr Kannan Arthanari brings on board 21 years’ experience in working for NBFCs, Micro Finance Companies, NGOs who are involved in Rural Development & creation of livelihood options for Rural Population.

Prior to joining Pragati Finserv, he has worked with Vaya Finserv, Swarna Pragati Housing Microfinance and Spandana Spoorthy Financial as Vice President , where he has extensively handled Internal Audit, Product Development, Business Operations. In earlier assignments, he has worked for Hand in Hand, Intellecap & Dhan Foundation.

With a PG Dip in Planning & Entrepreneurship from Indian Instt of Planning & Management & an Agriculture Science Graduate, Kannan is responsible for bringing process adherence & a culture of compliance & accountability in Pragati Finserv.