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. He joined our Company on December 1, 2020. His role involves the building of a rural focused and technology enabled retail financial services business.He holds a bachelor’s degree in technology (electronics and communications) from Nagarjuna University (Faculty of Engineering) and a post-graduate diploma in management from the Indian Institute of Management, Ahmedabad. Prior to joining our Company, he was the managing director and chief executive officer of Vaya Finserv Private Limited from 2015 to 2020. 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

Business Head

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.

Jyoti Rao
Ms Jyoti Rao Putta

Head – HR & Training

Ms. Jyoti Rao Putta brings on board 17 years’ experience in Human resources in developing and managing the complete HR frame work for NBFCs

Prior to joining Pragati, she was Heading HR for Automotive Manufacturers and HM Clause , where she has extensively worked on evaluating company culture and providing recommendations on changes to accomplish company goals and objectives. In her earlier assignments she has also worked with Magma fincorp , Axis bank , Birla Sunlife and Bharati Axa Life insurance and has partnered with business and worked across the entire spectrum of Human Resources.

She has done MBA FIN from Kakatiya University, PGDHRM from IMT Gaziabad and Executive development program from XLRI, Jamshedpur. Jyoti would be responsible for strengthening HR, Training & Facility mgmt. processes and bring HR initiatives for best of people & Culture Practices. To drive Employee retention in the company and know for driving excellence, people connect.

Mr NRK Rajasekaran

Head – Internal Audit

Mr NRK Rajasekarani career spans more than 24 years of varied experience in Financial Institutions, Banks and Microfinance.

Prior to joining Pragati in 2022, NRK has served as Head Internal Audit for Asirvad Microfinance Ltd, for around 12 yrs. Before that, he served as Operations Head for PMC - BPO (Subsidy of Sundaram Business Services). He was handling ICICI, CITI BANK, FULLERTON, RELIANCE & AMERICAN EXPRESS BANK's back-office process.

NRK holds an MBA Degree & also certified in Data Science in collaboration with Genpact.