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Board of directors

Photo of Mr. S B Mainak
Mr. S B Mainak
Chairman CARE Ratings Nepal Limited

Mr. S B Mainak is a Chairman of CRNL. He is also an Independent Director and Chairman of CARE Ratings. During his long tenure at LIC, he acquired wide range of experience in several functions spanning Investments, Finance & Accounts and Marketing and held various positions including Senior / Branch Manager, Divisional Manager of Pension & Group Superannuation and in various capacities in the Investment department. He also had a stint in academics as Professor (Life Insurance) and Head of Finance Department in NationalInsurance Academy (NIA), Pune. He was Deputy President of the Insurance Institute of India and member of the Governing Board of NIA. He was earlier appointed by the Government of India on the Board of Satyam Computer Services Limited as an Independent Director for restructuring the company. In 2009, he was conferred the ‘NDTV Profit Business Leadership Award’, ‘CNN-IBN Indian of the Year Award’ and ‘Dataquest IT Person of the Year Award’.

Photo of Mr. Rajesh Mokashi
Mr. Rajesh Mokashi
Director CARE Ratings Nepal Limited

Mr. Rajesh Mokashi is a Director in CRNL. He is the Managing Director and Chief Executive Officer of CARE Ratings. He holds a Bachelor’s degree in Mechanical Engineering from VJTI, Mumbai and a Master of Management Studies degree from University of Bombay. He is a qualified Chartered Financial Analyst and has also cleared Level III of the CFA Program conducted by the CFA Institute, USA. He has obtained a Diploma in Import and Export Management from Indian Institute of Materials Management. He has more than 27 years of experience in finance, commerce and credit risk sectors. He has been associated with OTIS Elevators Company (India) Limited, DSP Financial Consultants Limited and Kotak Mahindra Finance Limited in the past. He is on Board of Directors with CARE Risk Solutions Pvt. Ltd., CARE Advisory Research and Training Ltd. and CARE Ratings (Africa) Pvt. Ltd. Mr. Mokashi is the Vice Chairman of Association of Credit Rating Agencies in Asia (ACRAA) and also Member-Empanellment Committee of NISM.

Photo of Mr. Mehul Pandya
Mr. Mehul Pandya
Director CARE Ratings Nepal Limited

Mr. Mehul Pandya is Director of CRNL and the Executive Director of CARE Ratings. He is a CFA Charterholder from CFA Institute, USA. He holds a Bachelor’s degree in Instrumentation and Control Engineering from Gujarat University and a Master of Business Administration degree from Bhavnagar University. He has also obtained a Diploma in Financial Management from Narsee Monjee Institute of Management Studies. He has more than 21 years of experience in credit risk and financial sectors. He has been associated with CARE Ratings since 2000. He was earlier associated with Gujarat Industrial Investment Corporation Ltd. He is on the Board of Directors with CARE Risk Solutions Pvt. Ltd., CARE Advisory Research and Training Ltd. and CARE Ratings (Africa) P vt. Ltd. He is a nominated member on the Faculty of Management, Nirma University, Gujarat.

Photo of Dr. Binod Atreya
Dr. Binod Atreya
Director CARE Ratings Nepal Limited

Dr. Atreya is the Director of CRNL and the Chief Executive Officer of Emerging Nepal Limited (ENL). Prior to joining ENL, Dr. Atreya holds over 30 years of professional experiences in various capacities in Nepal Rastra Bank, the central bank of Nepal. He served as Executive Director at Micro Credit Promotion and Supervision Department, where he was mainly responsible for supervising the microfinance institutions, financial intermediaries and assigned cooperatives authorized to do limited banking activities. He also served as National Project Director for implementing UNNATI – Access to Finance Project in collaboration with UNCDF and Government of Denmark. He also served as Chief Executive Officer of Nepal Bank Limited, a commercial bank, for a period over three years. He did serve with UNDP projects in the Republic of Maldives, Marshall Islands and the Republic of Palau. He holds PhD degree in Public Management Reform from Victoria University of Technology, Melbourne, Australia, and MBA (India) and MPA (Nepal). Dr Atreya has over three dozens of publications, both in national and international journals, and in daily Newspapers, to his credit.

Management

Photo of Mr. Sajan Goyal
Mr. Sajan Goyal
CEO CARE Ratings Nepal Limited

Mr. Sajan Goyal is the Chief Executive Officer of CRNL. A credit professional with over 11 years 2 of experience in the credit rating industry, he has been associated with CARE Ratings for the major part of his career with a stint in corporate banking operations of Andhra Bank. He is having a vast experience in credit risk management and business administration at Hyderabad and Chandigarh in India. Mr. Goyal is an MBA (Finance) from ICFAI Business School, Hyderabad, India and MS (Banking) from ICFAI University, India.

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