Our Team

Jugal Mantri - Executive Director & Group CFO

Mr. Mantri is a rank holding Chartered Accountant. He has more than 19 years of varied experience in the field of Corporate Finance, Business Management, Project Finance and Financial Structuring. Mr. Mantri has handled various mid-sized corporate turnaround cases in corporate sectors in India and abroad. He started his corporate learning in M/s Haribhakti & Company as an Article Trainee and moved to Tata Finance Limited. Thereafter, he was amongst the first to join Anand Rathi Group during its inception and spent over 9 years in the Corporate Advisory Services and Brokerage Business. He was the Chief Executive Officer of M/s Varun Industries Limited before rejoining Anand Rathi Group in May, 2006.



Mr. Rajeev Sathe, Head - Construction Finance
Mr. Rajeev Sathe joined ARGFL in 2016 with over 38 years of banking and NBFC experience. He was with DHFL for 7 years as President (Wholesale Lending) & Chief Operating Officer, before setting up & heading Construction Finance in L&T HFL. An engineer with a post graduate diploma in Bank Management, he joined the State Bank of India (SBI) as a probationary officer. Over 28 years with SBI enabled him to handle assignments in India & abroad, across the gamut of the banking, consulting & IT space with extensive lending experience covering the entire range of Rural, SME, Trade Finance, Large Industries, etc. In addition, he was also responsible for Product Development and Marketing for CAG, SBI’s SBU, handling large Corporate Accounts.



Ashish Kohli, CEO – SME Finance

Mr. Kohli is a seasoned professional who came on board to steer the SME Finance Business in the right direction. With a graduate degree from Shri Ram College of Commerce, Delhi University and a MBA from IMI, Europe, Ashish has more than 18 years of work experience in the field. He has previously been associated with organizations such as Bajaj Finance Limited, Indiabulls Housing Finance Limited, Citibank N.A and HDFC Limited. He has been in a leadership position for over 8 years. Prior to joining Anand Rathi, he was with Indostar Capital Finance Limited as Head – SME Finance.



Mr. Nirmal Chandak, Head – Capital Market Lending

Mr. Nirmal Chandak has joined Anand Rathi Group in 2004. He is currently heading Capital Market Lending Business and Treasury of NBFC. He has over 12 years of experience in Corporate Finance and NBFC Business. He is a qualified Chartered Accountant and Post Graduate in Commerce




Mr. Manoj Mundra, Head - Credit & Risk
Mr. Manoj Mundra is a Chartered Accountant, Company Secretary and a Post Graduate in Commerce. He has a rich experience of more than 12 years in the field of Corporate Finance the NBFC business. He started his career with Anand Rathi Group within NBFC in 2005, and spent 2 years with the group after that. Subsequently, after gaining extensive experience at AK Capital Group and at Systematix Group as Head of NBFC, he returned to Anand Rathi Group in 2016. Presently holding the position of Vice President at Anand Rathi, he plays an active role in the construction finance business, and explores new avenues within the NBFC framework.