Her contribution to the organization’s transformation from NBFC-MFI to a small finance bank was significant.
Carol Furtado has been named executive director of Ujjivan Small Finance Bank for a period of three years, beginning on May 1. The appointment has been authorized by the Reserve Bank of India. Since the bank’s founding, Ms. Furtado has held a number of important roles, including chief business officer, director of operations and service quality, and head of human resources. She played a crucial role in the leadership group that established Ujjivan.
Furtado has worked for non-banking financing companies and retail banks for more than 29 years. Her contribution to the organization’s transformation from NBFC-MFI to a small finance bank was significant. She was employed by the ANZ Group, Bank Muscat, and Centurion Bank prior to her postgraduate studies at the Mount Carmel Institute of Management in Bangalore.
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