EFL Journey Through The Years

Ms. Shilpa Pophale has been associated with Electronica Finance Limited (EFL) for over eighteen years and has worked in multiple roles before becoming the Chief Executive Officer of the Company in 2003 & taking over as the Managing Director of the company in 2007. Under her leadership, the Company’s AUM has grown from INR 750 million to ~ INR 12500 million in FY 2019(estimated). With her strong focus on customer centricity, EFL increased its product offerings from financing only machinery to providing working capital and property finance as well. EFL under her stewardship is also poised to take a leap into hitherto uncharted markets of affordable housing, micro LAP and small business loans with continuing focus on the MSME segment.

Having participated as a speaker at various SME forums, Ms. Pophale also holds the title of ‘Woman Entrepreneur of the Year’ as conferred upon her by the World Women Leadership Congress (2014). Ms. Pophale is a Master of Science from Pune University and has completed the Programme for Leadership Development from ‘Harvard Business School’ & the Venture Capitalist Development Program from ‘Indian School of Business’.

Mr. Milind Limaye has extensive industry experience of 20 years. Mr. Limaye has been a part of the organization since 2017. He has extensive experience in all aspects of financial services and providing vital guidance to the organization. He is contributing immensely in achieving the objectives of the organization with his valuable inputs.

Mr. Mohan Tanksale serves as an Independent Director at EFL and one of the most senior and respected bankers in India, having served as the Chairman & Managing Director of Central Bank of India and the CEO of the Indian Banks Association (IBA). He is a Fellow member of Management Accountants of India (FCMA) and Indian Institute of Banking and Finance (CAIIB) and has spent over 4 decades in the Indian banking industry, during which he led three major Indian Public Sector banks. Mr. Tanksale has been conferred with several prestigious awards and recognitions and served on important committees of the Reserve Bank of India (RBI) and the Government of India.

Besides serving on various Company Boards, Mr. Tanksale is also an Advisor to SWIFT India (SWIFT India Domestic Services Private Limited, a majority owned subsidiary of Society of Worldwide Interbank Financial Telecommunication, Belgium) which supports high quality financial messaging services globally.

Mr. Sujit Natekar – An Alumnus from MIT College Pune University. He holds the bachelor degree in Civil Engineering. After completing his engineering in his initial years of career, he was working in a family business of manufacturing Non-ferrous centrifugal castings. Later in the year 1999, he joined Electronica Group. He has been working in various group companies of Electronica in various capacities such as CEO of Plastic Machinery business, Director of EDM and Carbide business and Sheet Metal Business and he has been working with Electronica group for more than 17 years.

He has taken over as Managing Director of Electronica Hitech Machine Tools Pvt Ltd w.e.f. 1st April, 2010. He has extensively travelled across the world and has vast experience in manufacturing, Supply chain Management, Finance, operations & sales Management. Under his leadership Electronica HiTech has introduced many new Principals for the business of marketing, sales and after sales services for CNC Machines in Metal cutting and Metal forming machines and recently has established state of the art manufacturing facility for manufacturing of CNC Wire cut EDM and ZNC EDM machines.

Ameya Bijoor is a Partner with Encourage Capital. Ameya leads the clean energy finance and financial inclusion team with Cesare Calari. Since joining Wolfensohn Fund Management in 2008, Ameya has been actively involved in the Fund’s investments in Development Credit Bank, National Stock Exchange of India, Repco Home Finance, Ujjivan Financial Services and Fabindia. Prior to joining WFM, Ameya had over 7 years’ experience working in private equity, corporate finance and development. He was a Manager in Standard & Poor’s Transaction Advisory Services practice, where he led financial due diligence investigations for private equity and strategic clients. Ameya began his career at Arthur Andersen. His experience at Standard & Poor’s and Arthur Andersen included approximately 50 transactions across a range of industries with an aggregate value of approximately US$10 billion.  He also served as the Head of Operations for the Clinton Foundation HIV/AIDS Initiative in India where he helped to launch the local office by developing strategic objectives, negotiating partnership agreements and recruiting staff to support the Government of India. Ameya has a CPA (inactive) and received a B.B.A. in Accountancy, magna cum laude, from the University of Notre Dame and an M.B.A. from Harvard Business School.