Who We Are?
The stark reality is that most poor people in the world still lack access to sustainable financial services, whether it is savings, credit or insurance.
In India, this translates to 400 million people who manage their finances on a cash-only basis and have restricted or no access to financial services.
The great challenge therefore is to relax the constraints that exclude people from full participation in the financial sector. This is where FIA Global comes in. A company started by a team of students from MIT, FIA Global makes the economics work for banks to serve the underserved. FIA Global aims at popularizing the use of alternate technologies for enhancing the efficiency and security of financial transactions. Their award-winning model combines an extensive distribution channel and product portfolio to bridge the huge demand-supply gap for financial products and services in under-served geographies.
Building an inclusive financial system is the first step towards inclusive growth and sustainable prosperity. Affordable access to all financial services is essential for a society to prosper. This is the ultimate aim of FIA Global.
Prof S.P. Kothari
S.P. Kothari is the Gordon Y Billard Professor of Management, a Professor of Accounting, and Deputy Dean at the MIT Sloan School of Management.
Previously, he served as Global Head of Equity Research for Barclays Global Investors (BGI), where he was responsible for research supporting BGI’s active equity strategies from 2008 to 2009. Prior to joining BGI, Kothari was Deputy Dean at the MIT Sloan School of Management, and earlier he was Head of the Department of Economics, Finance, and Accounting at the MIT Sloan School of Management. In 2005–06, he was Thomas Henry Carroll-Ford Visiting Professor of Business Administration at Harvard Business School. His highly cited research focuses on financial reporting and valuation, asset allocation, explaining the diversity in international accounting practices, use of employee stock options for compensating executives and accounting for stock options, evaluating investment performance, and corporate uses of derivatives for hedging and speculation.×
Ms. Simon is a Management consultant specializing in the Financial Services sector with extensive experience in operational aspects of banking, insurance and capital markets.
She has served as an adviser on strategy and operations for established companies across different industries including Heinz, Boeing, American Express, Societe Generale, Calyon Financial. In addition she has played an advisory role for start-up providers that have covered financial data aggregation, portfolio accounting and performance reporting and media monitoring services
Her work has covered building a pan-European manufacturing strategy, negotiating the details of a partnership renewal that contributed to an additional $1 Billion in revenues, leading a post-merger integration of two major players in the Pharmaceutical sector, rolling out a new end-consumer product for a leading US consumer bank among others.
Ms. Simon has previously worked at Booz Allen & Hamilton and Marsh McLennan. Education credentials BSc. Mathematics, HBS PMD.×
Sameer Mathur is the CEO and whole time Director of FIA Tech. Sameer has significant experience in business strategy and channel infrastructure development. As Hewlett Packard India’s Director, he was responsible for growing its channels business with market share growth and leadership across all product categories and managed a business portfolio of $US 2 billion.
He has 20 + years executive experience in P&L management, developing business strategy and sales and marketing, with an expertise in developing distribution infrastructure. He was an integral member of the team, which pioneered the establishment of the retail concept for marketing personal computers in India. He is uniquely skilled in leading team efforts which bridge technical and business functions with strong project management capabilities in developing and growing new business opportunities.
Sameer is an Economics Honors graduate from St Xavier’s College, Kolkata and has an MBA from SP Jain Institute of Management and Research. He is a Sloan Fellow from MIT, Sloan School of Management.×
Seema Prem is the Chief Operations Officer and whole time Director at FIA Tech. She is responsible for overseeing the field & central operations and product development at FIA Tech. Seema has over 13 years of experience in driving operational excellence programs in the banking and financial services sector. She has experience in new product rollouts and streamlining of operational chains for banks. She has worked with key financial institutions covering retail and wholesale banking in North America, Europe and Asia. In her recent role, she managed the operations for a technology start-up including business development, marketing functions & strategy. As Senior Business development executive at iGATE, she has a consistent record of increasing sales through strategic implementation of integrated technology and operations solutions. She is also a certified GSM Engineer and has implemented GSM networks in South India.
Seema is an Electronics and Telecommunications engineer from Kerala University and has an MBA from Xavier Labor Relations Institute (XLRI), Jamshedpur, India. She is a Sloan Fellow, MIT, Sloan School of Management. Her research focus is on low income and underserved markets in India and US.×
Mr. Ghyanendra Nath Bajpai, a distinguished leader in Indian business was the Chairman of the Securities and Exchange Board of India (SEBI). Earlier Mr. Bajpai was Chairman of the Life Insurance Corporation of India (LIC). Mr. Bajpai is known for his visionary leadership and exemplary integrity. He has served/serves as non-Executive Chairman and a Director on corporate boards in India and other countries, received awards for contribution to business, and authored several books. Mr. Bajpai has been Chairman of the Corporate Governance Task Force of International Organization of Securities Commissions and the Chairperson of the Insurance Institute of India, (III) a counterpart of Chartered Insurance Institute UK. As Chairman of SEBI, Mr. Bajpai oversaw the orderly functioning of India's securities markets, the tenth largest in the world with a market capitalization of over US$ 1 Trillion and 20 million investors.
Currently, Mr. Bajpai is Non-Executive Chairman and Non-Executive Director of several Corporates in India. Mr. Bajpai is on the Board of Advisors of Indian Army Group Insurance Fund and is on the Governing Board of National Insurance Academy. Earlier he has served on the Governing Board of Indian Institute of Management, Lucknow. He has been a visiting faculty at leading institutes of Management and Training. He has delivered lectures including at London School of Economics (LSE), Harvard University and MIT and also addressed OECD & IMF seminars. Currently, he is the visiting Prof. of Middlesex University, London. He has written three books: The Securities Market, Marketing of Insurances, and How to Become a Super Successful Salesman. He received among others the "Outstanding Contribution to the Development of Finance" award from Prime Minister of India, Dr. Manmohan Singh.
Mr. Bajpai holds a Master's Degree in Commerce from the University of Agra and a Degree in Law (LL B) from the University of Indore. Mr. Bajpai is an avid golfer.×
Praveen has over 19 years of experience in Business Development, with an expertise in developing sub-distribution infrastructure and channel management, specifically in upcountry markets.
He was an integral member of team that pioneered the establishment of retail and sub-distribution for MNC consumer PCs in India. In most of the projects handled, Praveen’s ability to connect with the field at the grass-root level & thereby develop and motivate field teams to implement out-of-box initiatives brought about effective and long lasting product transitions/ upsell, channel corrections & new biz developments.
Praveen is a Geology graduate from Lucknow University, followed by MBA from Bundelkhand University, Jhansi. He started his sales & marketing career in IT field with a systems integrator in Jhansi and journeyed through a National level SI, two national distributors, a MNC OEM and two Semiconductor chip companies (Intel and AMD).×
Sanjay has significant (18+) experience in Sales and distribution, in the South India. He has worked in leadership roles within sales at Large corporate like Xerox, Compaq and HP to name a few. In his most recent position, Sanjay managed the complete strategy and day to day operations for Broadband and cable distribution of a large telco company based out of Hyderabad, and is known throughout the industry for delivering and sustaining revenue and profit gains within highly competitive industry.
Sanjay holds a Master’s degree in Management and Bachelor degree in Commerce from Osmania University. Sanjay has extensive experience in business start-ups and a solid background in sales management and marketing. He has demonstrated success in identifying business opportunities, development of business plans and funding submissions. He is skilled negotiator with strong management, sales and marketing background. He is exceptional communicator with a consultative sales approach, excellent relationship management and outstanding problem-solving abilities.
Sanjay is passionate music lover, who enjoys listening to rock and country.×
Dipayan Chowdhury is the Circle Head of Eastern India Operations.Dipayan has significant experience in Sales, Distribution and Operations, specifically in the East and North-East. His key focus has been rural markets in East and North-East.He has nearly 12 years of experience in diverse industries/sectors like Banking,Consumer Durable & Insurance with renowned Indian organisations & MNCs. He has worked in increasingly responsible roles within sales at companies, like ICICI Bank, IFB, Max New York Life to name a few. In his most recent position,Dipayan was instrumental in driving the alternate channel business in Eastern India and was associated with Max Life Insurance Co. Pvt. Ltd. as Regional Manager-East.
Dipayan holds a MBA degree in Marketing from Tezpur Central University and a Bachelor’s degree in Agriculture from Assam Agricultural University, Jorhat.×
Sudip Banerjee, AVP Operations – East and Northeast India, has a significant experience in managing and developing processes for third party distribution in the Financial services industry. His key focus has been Quality, Compliance and Risk Management for partnership distribution in Banking and Insurance Industry and has worked with reputed corporate brands like Citibank and Max Life Insurance.
Sudip is a graduate from University of Calcutta and started his career with Eserve International Ltd. His experience with Citibank in the field of Service Quality followed by his career in Internal Audit in the Insurance Sector, has brought diversified skill sets to his persona. In addition to his current role, Sudip is also responsible for the design and development of the Risk Management Framework for the organization and would lead the internal audit agenda, pan India.×
Vivek Gupta is responsible for managing operations for North India at FIA Technology Services Pvt. Ltd. He is responsible for strategising, overseeing process controls,call center and central operations. He has vast experience of over 11 years in various verticals of diverse sectors like financial inclusion, rural banking, third party payment gateways and telecom with organizations such as FINO Pay tech Ltd, Easy Bill Ltd., Bharti Airtel and Idea Cellular. He has held diversified profiles (including operations setup, process reviews and client associations) across several functions such as Business development, operations and management reporting. His strategic and execution skills were demonstrated when he set up and managed start-ups in technology led initiatives in his earlier roles.
Vivek holds a Master’s Degree in Business Administration (Marketing) from the National Institute of Management, Panchkulla (Haryana) and also MSc. (Computer Sciences) and BSc. (Computer Sciences) from Kurukshetra University, Haryana.×