About Us

  • Who are we ?
  • Board of Directors
  • Team
  • Our Group

Essel Finance is one of India's leading private sector financial services company. As an umbrella brand for the financial businesses of the Essel Group, we offer a diverse range of services and products across corporate finance and retail sectors.

Today we are a well diversified financial services firm offering a range of financial products & services such as Investment Banking, Private Equity, Non-Banking Financial Company (NBFC), Distribution & Forex. We have a diversified client base across corporate finance & retail sectors. We are head quartered in Mumbai and have network spread in almost all major cities in India

Essel Finance VKC Forex Limited, the forex arm of Essel Finance is one of the leading RBI licensed Authorized Category - II Dealer (AD-CAT II) in India. Essel Finance VKC Forex provides wide range of Foreign Exchange solutions with emphasis on customer satisfaction.

Essel Finance VKC Forex Limited offers a wide gamut of Forex products and services under one roof. We bring you hassle-free Currency Exchange services that are provided at competitive rates. Today, we are privileged to work with diversified clients in different industries and capabilities.

For more details about the company log on to www.esselfinance.com

Amitabh Chaturvedi

Managing Director, Essel Finance

With over 25 years of rich experience in the areas of Banking, Asset Management, Investment Banking, and Insurance, Chaturvedi has led several foremost financial companies of India such as Reliance Capital Ltd, ICICI Bank Ltd., Lloyds Finance Ltd., and Dhanlaxmi Bank Ltd in various capacities.

As the Managing Director and CEO, he was instrumental in transforming Dhanlaxmi Bank in a short span of 3 years from a regionally focused bank with a business size of approximately Rs. 5800 crores to a pan-India bank with a business of approximately Rs. 23,000 crores. Likewise, under his headship, Reliance Capital evolved into a diversified financial services conglomerate and assets under management at Reliance Mutual Fund grew from near Rs. 1500 crores to over Rs. 90,000 crores.

Himanshu Mody

Head, Finance & Strategy - Essel Group

Mody currently heads finance & strategy for the Essel Group. Prior to this, he was the business head for the Essel Group's sports business. He is also credited with the launch of the Fun Republic chain of multiplexes in India as a senior member in its finance team & the Indian Cricket League (ICL) for the Essel Group. Having worked in various corporate strategy, fund raising & M&A initiatives in his vast 15 years of experience, he brings with him a unique combination of strategic, financial and transactional advisory expertise into the group.

Salil Datar

CEO Essel Forex

Mr Salil Datar has over two decades of industry experience with leadership roles across Banking, Finance, Marketing & Sales, Cross Selling, Operations etc.

He has a proven track record in leadership roles with leading private sector Banks, Corporates and MNCs executing business plans for startup initiatives, leading large business teams, backing business plan with execution through robust sales processes, leading cross functional teams.

He has successfully launched 100+ bank branches across the country and will use his key strengths at Essel Finance Forex for building and scaling up the business, managing organizational change, design and implementation of enterprise wide strategy with supporting structure and systems.

Previously he has worked with ANZ Grindlays, HSBC, ICICI Bank, Dhanalaxmi Bank. His last role was with SVC Bank where he was Head of Retail Banking and responsible for the entire retail business across 194 branches.

Rashmi Aggarwal

Independent Director

Dr. Rashmi Aggarwal has been associated with IMT Ghaziabad since 2007, in the area of Economics, Environment and Policy as a Professor of Law. She is currently a Board member of Zee Media Corporation Ltd, Dish TV and Essel Finance VKC Forex Limited as an Independent Director. She is also on some of the Board Sub - Committees like Audit Committee; Nomination and Remuneration Committee, etc. She was the Chairperson- 2 years PDGM Program and core coordinator for the coveted AACSB accreditation at IMT Ghaziabad. She started her career as an advocate in the Punjab and Haryana High Court and Supreme Court of India before joining academics. Dr. Aggarwal is Bachelor of Science, Law Graduate, Master's in Law, and PhD (Patents Law) from Law Department, Punjab University, Chandigarh.

Dr. Aggarwal research domains are predominately in the area of Corporate laws, Corporate governance, Cybercrimes, Labour Laws and Intellectual Property Rights with number of reputed publications to her credit, including books, international research publications, book chapters, book reviews and case studies. Dr. Aggarwal has presented her research work in national and international conferences in India and abroad including USA, Japan, UK, Hong Kong, UAE and Italy. She has been a visiting professor at various IIM's and reputed institutes abroad like Toulouse Business School, France and S.P Jain Dubai. She has designed and delivered numerous executive training programmes both as a facilitator and Program Director for In-company and Open Company.

Mahendra Parekh

Independent Director

Parekh is a qualified Chartered Accountant and Company Secretary. He has over 35 years of experience in the field of Finance, Taxation, Secretarial, Corporate Governance and Insurance matters.

Currently, he is advising various corporate on Secretarial and Securities Laws, Financial restructuring, fund raising, cost control measures, taxation related issues, insurance matters etc.

Prior to consulting, he was associated with large corporate houses including Aditya Birla Chemicals (India) Ltd, Jaiprakash Associates Ltd, Jokai India Ltd, Assambrook Ltd and U.S. Lines (A US based shipping Company).

Salil Datar

CEO Essel Forex

Mr Salil Datar has over two decades of industry experience with leadership roles across Banking, Finance, Marketing & Sales, Cross Selling, Operations etc.

He has a proven track record in leadership roles with leading private sector Banks, Corporates and MNCs executing business plans for startup initiatives, leading large business teams, backing business plan with execution through robust sales processes, leading cross functional teams.

He has successfully launched 100+ bank branches across the country and will use his key strengths at Essel Finance Forex for building and scaling up the business, managing organizational change, design and implementation of enterprise wide strategy with supporting structure and systems.

Previously he has worked with ANZ Grindlays, HSBC, ICICI Bank, Dhanalaxmi Bank. His last role was with SVC Bank where he was Head of Retail Banking and responsible for the entire retail business across 194 branches.

Ramachandran K

Chief Financial Officer - Essel Finance VKC Forex

With over 33 years of experience, Ramachandran is currently responsible for financial management of the company. Prior to joining Essel Finance VKC Forex Ramachandran was working with Ramco Systems Ltd. as Chief Financial Officer - Legal and in PPS Enviro Power Ltd. as Chief Financial Officer - Advisory.

He holds a bachelors degree in Commerce from University of Madras and is an associate Member of Institute of Charted Accountants of India.

Souvik Dasgupta

Business Head

Mr. Souvik Dasgupta has more than 19 years of functional and business leadership experience with expertise in retail foreign exchange, remittances, wholesale, treasury management and cross sales.

He has worked with Reliance Money Express, HDFC Bank, Travelex, ICICI Bank, Cox & Kings & Gainwell Travel. His last role was with Spice Money where he was National Sales Head and was responsible for driving revenue generation through the business portfolio of foreign exchange and Money Transfer Service Scheme (WUMTS).

G Saravanabhavan

Head - Operations

Mr Saravanabhavan has more than 26 years of experience in Operations, Sales and Compliance. He had started his career with Essel Forex in 1999 and is currently heading operations at Essel Forex.

Saravanan holds Master's in Business Administration and bachelor's degree in commerce from University of Madras. Prior to joining our Company, he has worked as a dealer in online trading at Insight Share Brokers (P) Limited and Marg Securities.

K P Premnath

Head - Internal Audit and Compliance

Premnath is head of Internal Audit & Compliance. He has over 29 year's experience in Foreign Exchange Industry. Prior to joining Essel VKC, he was working with India Cements Limited as a Vice President. He was also associated with Thomas Cook, Synergy Financial Exchange, Twenty First Century Management Services, Suhail & Saud Bahwan Group - Muscat.

Premnath holds a PGDBA from Loyola College, Chennai with graduation in commerce, he has also completed Inter ACS.

We are promoted by the Essel Group, the USD 8 billion conglomerate that has emerged as one of India's most prominent business houses with a strong foothold in entertainment, media, packaging, infrastructure, education, precious metals and technology sectors.

The companies under the Essel Group, for decades, have striven tirelessly to bring the latest innovations and deliver the best value and services to its consumers. The guiding principle of Faith in innovative and organized growth is the driving force behind each of the Essel Group businesses. This mantra keeps our leaders committed towards enhancing operational excellence by effective resource utilization. With an envious track record of creating value in all its businesses, the group with its 10,000 plus employees, has had first-mover advantage in almost each sector and is growing in strength each day.

For more details about the company log on to www.esselgroup.com