About Us

Our vision at L&T Financial Services is to be an Admirable, Inspirational & Sustainable institution. 

Board of Directors

Mr. Sunil Prabhune

Chief Executive – Rural Finance


Chief - Human Resource Officer


Mr. Sunil Prabhune is the Chief Executive of Rural Finance, which includes Micro Loans, Farm Equipment Finance and Two Wheeler Finance. He also leads the Digital, IT and Analytics strategy for  LTFS.


A harbinger of change, Mr. Prabhune has guided the Farm Equipment Finance business towards enhanced loan book quality, reduced NPAs and strengthening of the collection infrastructure. Digitization of the credit process has enabled the Two-Wheeler Finance business to become a leader in multiple geographies. Mr. Prabhune’s ability to focus on details, while keeping an eye on the larger picture, has aided him in realigning the Micro Loan business, and increasing its national footprint. Under his leadership, the Rural Finance business has evolved into a market leader in multiple segments and geographies.


In his capacity as the Group Head - Digital, IT and Analytics, Mr.Prabhune’s focus is on further enhancing  organizational efficiency and customer experience. Additionally, Mr. Prabhune also leads various inorganic growth initiatives of the organization, in line with the strategy of driving the retailisation of the portfolio.


Mr. Prabhune plays a pivotal role leading the Strategic Cost optimization drive across LTFS, which has helped the organization become more competitive. Previously at LTFS, in his role as the Chief Human Resource Officer , Mr. Prabhune was instrumental in driving the transformational journey of organizational structure and skills, aligning these initiatives to focused execution and  targeted RoEs.


He joined L&T Financial Services in 2013 and has more than two decades of experience in global and regional leadership roles across sectors, particularly in areas of organizational change, transformation management and building capabilities for leadership. He has also headed process efficiency and digitization in his previous roles and has been associated with organizations like ICICI Bank, Novartis, GE, and ICI in various capacities in the past.


Mr.Prabhune is a Gold Medalist in Business Management from Xavier Institute of Management, Bhubaneswar. He is an avid reader and a sports enthusiast.


Mr. Raju Dodti

Non-Executive Director


In his capacity as the Chief Executive – Special Situations Group, Mr. Raju Dodti is responsible for resolving specific assets of Wholesale and Housing Finance, private equity investments, and the de-focused book. Additionally, as the Group Head – Legal & Compliance, he will provide leadership to the group legal and regulatory compliance functions, and will be responsible for advisory, transactional and litigation.


Earlier, Mr. Dodti he was instrumental in giving strategic direction to Group Corporate Communications and Facilities & Channel Management.


Mr. Dodti has over 18 years of extensive legal experience in Indian and multi-national financial institutions in the areas of private equity, project finance, infrastructure finance and treasury borrowings. Prior to joining LTFS, he was associated with IDFC Group across varied legal functions. In this role, he worked on numerous infrastructure financing transactions across road, power, telecom and ports, both in the equity and debt domain. As the Senior Director - Legal for IDFC Alternatives, Mr. Dodti headed the funds setup, investment and divestment of corpus for private equity, infrastructure equity and real estate. In his initial years with Rabo India Finance, ABN Amro NV, Societe Generale and Global Trust Bank, he was involved in legal documentation for their corporate banking verticals.


Mr. Dodti holds a Bachelor's degree in law from Government Law College, Mumbai University, and a Bachelor's degree in Commerce from Mumbai University. He loves music, travelling and is a fitness enthusiast.


Mr. Virender Pankaj

Non-Executive Director


Mr. Virender Pankaj manages an asset book of more than Rs 42,000 crores in areas of Infrastructure Finance and Structured Finance. He has been instrumental in building and growing the wholesale business significantly over the last decade. Under his leadership, the debt capital market business has grown multifold. LTFS is the market leader in its focussed areas of  infrastructure finance, Renewables, Operating roads and Transmission.


Mr. Pankaj has over 26 years of experience in project finance, project appraisal, working capital, corporate finance. He has extensive experience in lending to sectors such as power (thermal, wind, hydro & solar), roads, social infrastructure (healthcare, education & hospitality), and industrial finance. Previously, Mr. Pankaj was with State Bank of India and over the span of his tenure had exposure to various aspects of project, corporate finance and development banking.


Mr. Pankaj holds a degree in textile technology, MBA (Finance) and is a Certified Associate of Indian Institute of Bankers (CAIIB). He has conceptualised and co-founded a grass root NGO, ‘Niramaya’, for blindness prevention and vision restoration in rural areas. He has also launched ‘Netra Daan Chetna Abhiyan’ in 2005 which has resulted in about 1000 eye donations and more than 350 free corneal transplants restoring vision for corneal blind.


Mr. Suresh Darak



Mr. Suresh Darak is a Chartered Accountant by qualification having more than 16 years of experience in Infrastructure Project Financing, Debt Capital Markets, Debt & Equity Advisory, Structured Finance, Managing stressed assets & Debt Restructuring and Risk Management.


He is currently heading the Debt Capital Market and Financial Advisory Desk in L&T Financial Services. Before L&T Financial Services, he also worked with SREI Infrastructure Finance & Brescon Corporate Advisors Limited.


He was part of the core team to set up the L&T Infrastructure Finance Limited (L&T Infra), a key player in infrastructure project financing in India.  In L&T Infra, he was instrumental in setting up various departments including Initial Treasury operations, Debt & Equity Advisory desks, Special Situations Group for managing stressed assets and the Debt Capital Markets Desk.


Under his leadership, Debt Capital Market of L&T Financial Services has become a significant player in the credit bond space with a focus on developing markets for long tenor infrastructure bonds.