Biography of K V Srinivasan- Co-founder & CEO of Profectus Capital Pvt Ltd
Biography of K V Srinivasan
Early Life and Education: Foundations of a Financial Career
K V Srinivasan’s journey began in a modest setting, where he
grew up in a family that valued education above all else. His formative years
were spent in an environment that fostered diligence and learning. Srinivasan
pursued his undergraduate degree in Commerce from St. Xavier's College,
Kolkata, before moving on to the prestigious Indian Institute of Management
Ahmedabad. There, he completed his Post Graduate Diploma in Management (PGDM)
with a focus on Finance and Marketing, laying a strong foundation for his
future career in the financial sector.
Initial Career Steps: A Start in Consultancy
Srinivasan's professional career began with a role as a
Consultant at A.F. Ferguson & Co, where he worked from June 1989 to January
1992. This position provided him with valuable insights into the financial
industry and honed his skills in financial analysis and strategy. It was an
essential starting point that set the stage for his subsequent roles in the
finance sector.
Moving to Corporate Finance: ITC Classic Finance
In 1992, Srinivasan joined ITC Classic Finance as a Senior
Manager in Treasury. His tenure here, which lasted until 1998, was marked by
significant contributions to the company’s financial management and strategy.
This role further deepened his expertise in financial operations and strategic
planning.
Key Roles in Insurance: ICICI and Reliance
Srinivasan's career continued to ascend as he took on
pivotal roles at major financial institutions. At ICICI Prudential Life
Insurance, he served as Head of Commercial from 2000 to 2003. His leadership in
this role was instrumental in driving the company's growth and enhancing its
market position. Following this, he joined Reliance Life Insurance Co. Ltd. as
Chief Operating Officer, where he managed operations and contributed to the
company’s expansion.
Leadership in Finance: Citicorp and Reliance Commercial
Finance
From 2003 to 2005, Srinivasan worked as Financial Controller
at Citicorp Finance (India) Ltd., where he was responsible for overseeing
financial controls and reporting. His experience at Citicorp paved the way for
his next major role as CEO of Reliance Commercial Finance. During his tenure
from December 2007 to April 2017, he significantly expanded the company’s
portfolio and established it as a leading player in the SME financing sector.
Establishing Profectus Capital: A New Venture
In June 2017, Srinivasan took a significant step by
co-founding Profectus Capital Pvt Ltd, a Non-Banking Financial Company (NBFC).
The company was established with equity support from Actis, a UK-based private
equity fund. Profectus Capital aimed to provide secured financial solutions to
small and medium-sized enterprises (SMEs), offering various financing products
such as term loans and working capital solutions.
Biography of K V Srinivasan- Co-founder & CEO of Profectus Capital Pvt Ltd/Entrepreneur/AGe/Net worth/Salary/ K V Srinivasan/Success story Profectus
Growth and Achievements at Profectus Capital
Under Srinivasan’s leadership, Profectus Capital quickly
made a mark in the financial sector. By March 2021, the company had financed
over 1,300 MSMEs across 20 locations. Profectus Capital’s assets under
management exceeded Rs. 1,500 crores, and the company maintained a low gross
Non-Performing Assets (NPA) ratio of 0.78%. These achievements reflect the
effectiveness of Srinivasan’s strategic vision and operational management.
Influence in the Finance Sector: Recognitions and Roles
Srinivasan’s contributions to the financial industry have
been widely recognized. His leadership at Reliance Commercial Finance and
Profectus Capital earned him accolades, and he played a key role in making
Reliance Commercial Finance one of India’s top SME-focused NBFCs. His work was
even highlighted in a case study by IIM Kozhikode for its exemplary HR
practices.
Professional Associations and Contributions
Beyond his direct roles in finance, Srinivasan has been
actively involved in industry associations. He serves as Co-Chairman of the
Finance Industry Development Council and the NBFC Committee at the IMC Chamber
of Commerce. These positions allow him to contribute to the broader financial
industry and influence policies and practices within the sector.
Passion for Wildlife Photography
Outside of his professional life, Srinivasan has a deep
passion for wildlife photography. This hobby reflects his appreciation for
nature and provides a creative outlet away from the demanding world of finance.
His photography pursuits complement his career by offering a balanced
perspective and a source of inspiration.
Legacy and Impact: A Vision for the Future
Srinivasan’s career reflects a profound impact on the
financial services sector in India. His leadership in establishing Profectus
Capital and his previous roles in major financial institutions showcase his
ability to drive growth and innovation. His contributions have not only shaped
the companies he has worked with but have also influenced the broader financial
landscape.
Reflecting on a Successful Career
K V Srinivasan’s professional journey from a young
consultant to a leading figure in the finance industry is a testament to his
expertise, leadership, and dedication. His achievements in building and
managing financial institutions, coupled with his involvement in industry
development, underscore his significant role in advancing financial services in
India.
Timeline for K V Srinivasan’s story
Early Life: Grew up in a family that emphasized education;
childhood in a modest setting in India.
Undergraduate: Completed a degree in Commerce from St.
Xavier's College, Kolkata.
Postgraduate: Earned a Post Graduate Diploma in Management
(PGDM) in Finance and Marketing from IIM Ahmedabad.
June 1989 - January 1992: Consultant at A.F. Ferguson &
Co, gaining early insights into financial analysis and strategy.
1992 - 1998: Senior Manager in Treasury at ITC Classic
Finance, enhancing financial management expertise.
2000 - 2003: Head of Commercial at ICICI Prudential Life
Insurance, driving company growth.
2003 - 2005: Financial Controller at Citicorp Finance
(India) Ltd., overseeing financial controls and reporting.
December 2007 - April 2017: CEO of Reliance Commercial
Finance, expanding the company’s portfolio in SME financing.
June 2017: Co-founded Profectus Capital Pvt Ltd, focusing on
secured financial solutions for SMEs.
March 2021: Profectus Capital financed over 1,300 MSMEs,
with assets under management exceeding Rs. 1,500 crores.
Ongoing: Co-Chairman of the Finance Industry Development
Council and the NBFC Committee at IMC Chamber of Commerce.
Personal Interests: Engaged in wildlife photography as a
creative outlet and passion.
