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About Us

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

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Board of Directors

Mr. Dinanath Dubhashi

Non- Executive Director

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Mr. Dinanath Dubhashi is the Managing Director & Chief Executive Officer of L&T Finance Holdings. He has a rich experience of over two decades in multiple domains in financial services such as Corporate Banking, Cash Management, Credit Rating, Retail Lending and Rural Financing. He has been with L&T Financial Services since 2007 and has been instrumental in scaling up the retail business operations manifold, across customer segments and geographies.

 

Under his leadership, retail business has grown both organically and inorganically to reach an asset size of around Rs 28,000 crores, serving more than 30 lakh customers. He has also provided leadership to various functions such as Operations and Information Technology for L&T Financial Services.

 

Prior to this, he was associated with organizations such as BNP Paribas, CARE Ratings and SBI Capital Markets in various capacities.

 

He is a Post Graduate from IIM Bangalore and also holds a B.E. (Mechanical) degree.

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Mr. P.V Bhide

Independent Director

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Mr. P V Bhide has worked in several government positions during a career spanning over four decades. Some of his roles include Secretary, Department of Revenue, Ministry of Finance; Secretary and Joint Secretary, Department of Disinvestment, Ministry of Finance; Additional Secretary/Spl. Secretary, Ministry of Home Affairs; and Deputy Secretary, Department of Economic Affairs, Ministry of Finance. He has also held various other key positions across departments.He is a retired IAS Officer with an MBA, LLB and BSc degree.

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Mr. Ashish Kotecha

Non- Executive Director

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Mr. Ashish Kotecha is a Managing Director and Head of the Asia Private Equity Portfolio Group of Bain Capital. He is the Regional Lead for Bain Capital’s Portfolio Group in Asia covering investments in China, Japan, India, Australia and Korea. Prior to joining Bain Capital, Mr. Kotecha was the Chief Operating Officer at Tourneau - a Leonard Green & Partners portfolio company. Earlier he was with McKinsey & Company where he led engagements in the retail, consumer and private equity industries. 

 

He has been actively involved in the investments in L&T Finance Holdings Limited, Hero Motocorp, Himadri Chemicals & Industries Ltd., Asia Pacific Medical Group, Rise Education, Camp Australia and Only About Children.

 

He received an MBA with honors from The Anderson School at UCLA, a Master of Commerce from Sydenham College, and a Bachelor of Commerce from the University of Mumbai.

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Dr. Rajani Gupte

  Independent Director

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Dr. Rajani R. Gupte had done Ph. D in Economics from Gokhale Institute of Politics and Economics, Pune University, on the topic "The impact of trade liberalisation on the level of protection of Indian Industry". 

 

Currently, Mrs. Gupte is the Vice Chancellor of Symbiosis International University, Pune. During the period 2004-2012, she had also served as a Director of Symbiosis Institute of International Business (SIIB). She was actively involved in establishing SIIB as one of the leading B-Schools in India.

 

In past, she has also worked as Director-Finance, in a Private Limited Company, wherein she has handled Finance operations seamlessly.

 

She had also served as a Dean of Symbiosis International University. She had also served as member WTO committee, Government of Maharashtra, Department of Horticulture during the period 2002-06.

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Management

Mr. Sunil Prabhune

Chief Executive – Rural Finance 

&

Chief - Human Resource Officer

 

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Mr. Sunil Prabhune is the Chief Executive of Rural Finance which includes Micro Loan, Farm Equipment Finance and Two Wheeler Finance. Under his dynamic leadership, the Rural Finance business has evolved into a market leader in multiple segments. 

 

A harbinger of change, Mr. Prabhune has helped the Farm Equipment Finance business in its endeavour to achieve a dominant position. The business has witnessed a turnaround aided by 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 detail, while keeping an eye on the larger picture, has aided him in realigning the Micro Loan business, while increasing its national footprint.

 

In his role as the Chief Human Resources Officer, Mr. Prabhune has been an enabling force for leadership development and change management. Under his guidance, the Human Resources team at LTFS is driving the transformation of the organisation structure and skills, aligning it towards focussed execution and achieving the target ROE.

 

Earlier, Mr. Prabhune was instrumental in giving strategic direction to Group Corporate Communications, Facilities & Channel Management and Corporate Social Responsibility functions. He has also played a pivotal role in the initiation of the Cost Optimisation drive across LTFS, which has helped the organisation become more competitive.

 

Mr. Prabhune joined L&T Financial Services in 2013 and has around 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 organisations like ICICI Bank, Novartis, GE, and ICI in various capacities in the past.

 

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

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