Ms. Upma Goel is a Chartered Accountant with over 30 years of leadership experience in the banking and financial services sector (BFSI), including experience with listed institutions. She has held senior executive and board-level roles at premier organisations, including Piramal Enterprises, Ujjivan Small Finance Bank, and L&T Finance Holdings, where she has provided strategic oversight on corporate governance, financial strategy, and enterprise risk management. Her professional standing is further defined by her extensive experience in engaging directly with regulators, institutional investors, and rating agencies to ensure organisational stability.
Ms. Goel brings specialised expertise to the board in capital market transactions, M&A, and regulatory-led transformations, with a deep focus on audit and risk oversight, capital adequacy, and ALM governance. She is recognised for providing an independent and objective perspective during board deliberations, rooted in a commitment to ethical governance and risk discipline. By prioritising long-term stakeholder value, she effectively guides organisations through complex financial planning and the challenges of post-merger integration.
Ms. Upma Goel has joined the Board of Religare Finvest Limited as Non-Executive Independent Director on 02 January 2026.
Mr. R. Gurumurthy is a seasoned banking professional with 38 years of experience in India and overseas, having superannuated as Head of Governance at RBL Bank. His distinguished career encompasses leadership roles in corporate and institutional banking, wholesale banking, risk management, and governance across global and Indian institutions including Bank of America, Standard Chartered, and SBI. During his tenure at RBL Bank, he oversaw assurance, technology, operations, and credit functions, and headed Corporate & Institutional Banking during a transformational phase of the bank's growth. In other roles, Mr. Gurumurthy managed strategic client relationships and contributed to organizational development.
Mr. Gurumurthy's career achievements include building and leading transformation initiatives at RBL Bank post-2011, where he was instrumental in regulatory engagement and governance restructuring. Prior to this, Mr. Gurumurthy’s stint at Standard Chartered envisaged setting up and heading the FI Strategic Coverage Group. His academic credentials include a B.A. from the University of Delhi and certification as an Associate from the Indian Institute of Bankers. Currently, he serves on the Boards at Axis Capital Ltd (subsidiary of Axis Bank)., Simplex Infrastructures Ltd., Care Health Insurance Ltd., Religare Broking Ltd, Religare Housing Development Finance Corporation Ltd and Religare Enterprises Ltd. Known for his collaborative leadership style, Mr. Gurumurthy enjoys mentoring teams and is an advocate for risk culture, integrated governance, and innovation in banking.
He joined the Board of Religare Finvest Limited as an Additional Director (categorised as Non-Executive & Non- Independent Director) w.e.f October 17, 2025 post receipt of RBI approval.
Mr. Arjun Lamba is the founder of Guardian Advisors Private Limited, a SEBI-registered Portfolio Management Services (PMS) firm set up in 2005. With over 23 years of experience in India’s capital markets, he has built deep expertise in equity investing and portfolio management. Guardian Advisors is among the oldest PMS providers in the country and focuses on managing investments for high-net-worth individuals and corporates focused on the Indian public equity markets. Before starting Guardian Advisors, Mr. Lamba worked with Span Investments and Kotak Securities.
Mr. Lamba also comes with extensive experience in mergers and acquisitions and has played a critical role in the acquisition of both Eveready Industries and Religare Enterprises on behalf of the Burman Family. Since September 2022 he has served as a Non-Executive and Non-Independent Director on the Board of Eveready Industries India Limited. He is also on the Board of KPH Dream Cricket Pvt. Ltd. which owns IPL team Punjab Kings, Care Health Insurance Ltd, Religare Broking Ltd., Religare Enterprises Ltd, Religare Housing Development Finance Corporation Ltd. and Religare Digital Solutions Ltd. Mr. Lamba holds a BBA degree from École Les Roches, Switzerland. He continues to guide investment strategy and contribute to business decisions and is actively involved in strategic initiatives and operational mentoring companies he is associated with. Mr. Lamba is passionate about long-term value investing and business turnarounds, reflecting his commitment to creating sustainable value for investors and stakeholders.
Mr. Suresh Mahalingam is a seasoned business leader and executive coach with over 35 years of experience in strategy, marketing, and transformation across the BFSI and FMCG sectors. He brings over 15 years of board experience, having served on the boards of Principal AMC, Aadhar Housing Finance, Navi General Insurance, Pramerica Life, and PGIM India Asset Management. He currently serves as Independent Director and Chairperson at Aviva India, and is on the boards of Muthoot Housing Finance, Religare Broking, Care Health Insurance, Religare Housing Development Finance Corporation Ltd and Religare Enterprises Ltd.
Mr. Mahalingam has held leadership roles at Tata AIA Life (as MD &CEO), HDFC Life, ITC, and as a member of the Group Council at WGC. He actively advises fintech, Insurtech, and edtech start-ups, as well as private equity firms, and serves on various advisory boards. A certified leadership and transition coach, he is an alumnus of IMI India and the Advanced Management Program at Kellogg School of Management. Known for his people-first leadership and strategic clarity, he helps organizations navigate growth and transformation with purpose and impact.
He joined the Board of Religare Finvest Limited as an Additional Director (categorised as Non-Executive Non- Independent Director) w.e.f October 17, 2025 post receipt of RBI approval.
Anil P. Verma, Partner at Ray & Ray, has over thirty-two years’ experience in the profession, and is currently operating out of its New Delhi office. He has a first class degree in B. Com (Hons.) from the University of Delhi, is a fellow member of the Institute of Chartered Accountants of India, is a Registered Valuer–Asset Class–Securities or Financial Assets (‘SFA’) -recognised under the aegis of the Insolvency and Bankruptcy Board of India (and a member of ICAI RVO) and is also a Certified Forensics Accounting and Fraud Auditor (FAFD).
He has served over 100 clients including a number of finance companies including banks, non-banking financial companies, depository, depository participant, private equity companies, asset reconstruction companies, alternate investment funds, micro-finance companies and hotels. Being a registered valuer, he carries out valuation of SFAs including shares, debts and other financial instruments. He also carries out forensic assignments. With over thirty-two ears’ experience in the profession, he currently operates out of the New Delhi office of Ray & Ray which was established in Kolkata in 1922 by two Ray brothers, who had then qualified from the Institute of Chartered Accountants (England and Wales). From the very beginning, the firm specialized in audit of financial sector, including banks and insurance companies.
Since the early sixties, it acquired a great deal of reputation in the audit of prestigious public sector undertakings, viz., steel plants and petroleum companies, and in the private sector, the hospitality industry. Ray & Ray currently operates out of New Delhi, Kolkata, Mumbai, Bengaluru and Chennai and has seventeen partners.
Mr.Anil P Verma has joined the Board of Religare Finvest Limited as Non-Executive Independent Director on 29 March 2025.
Mr. Tripathi is a retired IAS officer. During his illustrious career as an IAS officer, spanning over 40 years in public service (1977 to December 2017, including 5 years as Chairman - Public Grievances Commission & Police Complaints Authority), he held various key senior positions at State and Centre levels, such as:
He has also been on the Board/Governing Council of:
Dynamism and a human approach are the hallmark of his persona. He is known as a committed professional with rich and varied experience. He has demonstrated successful leadership and governance abilities, expertise in management and administrative matters, project execution, and operational matters. His firm and tactful handling of sensitive and tricky issues has consistently led the organizations he was associated with to emerge as winners.
Mr. Tripathi is a postgraduate in Political Science from Allahabad University and a Gold Medalist for securing the highest marks in Political Science at the undergraduate level in the University.
He joined the Board of Religare Finvest Limited as a Non-Executive Independent Director on September 28, 2022.
Mr. Malay Kumar Sinha has completed his B.A. (Hons) and M.A. in Humanities from Delhi University and an M.Phil in Strategic Studies from Madras University.
He began his career as an Executive at TISCO, Jamshedpur, and joined the Indian Police Service (IPS) in 1981. Over his distinguished career, he served in various capacities in the Uttar Pradesh Police and Intelligence Bureau (IB) under the Ministry of Home Affairs, both in India and abroad. He later worked as:
He superannuated from service in September 2016.
Mr. Sinha is an alumnus of the FBI National Academy, Quantico, Virginia, USA, and the National Defence College, New Delhi. As Joint Secretary in the MEA, he led the evacuation of Indians from the Benghazi area during the Libya war in 2011.
A keen sportsperson, he served as Secretary of the All India Police Sports Control Board for several years. He is a recipient of the Police Medal for Meritorious Service and the President’s Police Medal for Distinguished Service.
With over a decade of experience dealing with Information Technology-related matters, he has worked on issues such as cyber fraud, cybersecurity, social media monitoring, and IT hardware/software management.
Currently, Mr. Sinha serves as the Chairman of Delhi Gymkhana Club Ltd., appointed as a Government of India nominee.
He joined the Board of Religare Finvest Limited as a Non-Executive Independent Director on August 5, 2022.
Dr. Rashmi Saluja is a doctor and an entrepreneur. She is an MBBS, MD, MBA (Finance), LLB and PhD by qualification. Dr. Saluja has administrative experience of more than 25 years, setting up institutions and being involved in social and charitable activities.
She joined the Board of Religare Finvest Limited on 9th March 2019 and in her current role, as Chairperson and Managing Director at Religare Finvest Limited, she is overviewing and leading the business and financial turnaround of the Company.
Dr. Saluja is also the Executive Chairperson of Religare Enterprises Limited (REL), a Core Investment Company (CIC), registered with RBI and holding company for various diversified financial services businesses of the Religare Group, namely Religare Finvest Limited, Religare Housing Development Finance Corporation Limited, Religare Broking Limited and Care Health Insurance Limited.
Dr. Rashmi Saluja also serves as Non-Executive Chairperson for both Care Health Insurance Limited and Religare Broking Limited.
Mr. Malay Kumar Sinha has done his B.A. (Hons) and M.A. from Delhi University in Humanities and M. Phil from Madras University in Strategic Studies.
He started his career as an Executive in TISCO, Jamshedpur and in 1981 joined the Indian Police Service. After serving in UP Police and IB, MHA, in different capacities, both in India and abroad, he worked as Joint Secretary in the Ministry of External Affairs and finally as Secretary Security, Cabinet Secretariat, Rashtrapati Bhawan, from where he superannuated in September 2016.
He is an alumnus of FBI National Academy, Quantico, Virginia, USA and National Defence College, New Delhi. As Joint Secretary in the MEA he had led the evacuation of Indians in Bengazi area from the sea during the war in Libya in 2011. He has been a keen sportsperson and was Secretary of All India Police Sports Control Board for several years. He is a recipient of Police Medal for Meritorious Service and President’s Police Medal for Distinguished Service.
Being from the Indian Police Services, he has dealt for more than a decade with various matters related to Information Technologies (IT) such as Cyber Fraud, Cyber Securities on different matters, monitoring of Social Media matters including IT hardware and Software matters thereto. Currently he is holdingthe position of Chairman of Delhi Gymkhana Club Ltd, as a Government of India nominee.
He joined the Board of Religare Finvest Limited as Non-Executive Independent Director on August 05, 2022.
Mr. Hamid Ahmed born in New Delhi, India in 1977 did schooling from St. Columba’s School New Delhi. In 1998, he completed B.A. (Eco.) from Delhi University. He started his career as a Trustee of Hamdard Laboratories India after getting his M.B.A. from London, U.K in the year 2000. He was appointed as a Trustee by his grandfather and the founder of Jamia Hamdard Late Hakeem Abdul Hameed in 1995.
He took over as the Chief Executive Officer (CEO) of Hamdard Laboratories India (HLI) in 2016, holding reins of the organisation he joined in 2000. With his dynamic spirit and leadership abilities, as CEO of HLI, he is a professional with valuable experience to steer the company ahead in its growth plans. Spanning a career of over 22 years’ experience, he has travelled widely across India and abroad and handled diverse portfolios that have helped him understand the dynamics of the Unani and Food Industry. He is well-versed in the intricacies of India's regional diversities and consumer needs.
Mr. Hamid Ahmed has also served as a Chancellor of Jamia Hamdard, a Deemed to be University. Mr. Ahmed is an eminent business personality based in New Delhi. He currently serves as the Chief Executive Officer and Trustee of Hamdard Laboratories India – Foods Division. In addition, he is also serving as Founder and President of Unani Drug Manufacturers Association (UDMA).
As a member of Business and Employment Bureau, Hamid Ahmed has worked extensively in the area of skill development and employment opportunities for the backward classes and economically weaker sections.
In 2022, he was felicitated by the Rotary Club of Delhi South, with the prestigious Paul Harris Fellow, for his services to the community, including a tree plantation drive, facilitating 42,000 vaccinations in two centres in Delhi and for Holistic Health Camps for COVID care for the society.
He joined the Board of Religare Finvest Limited as Non-Executive Independent Director on January 19, 2021.
Mr. Tripathi is a retired IAS officer. During his illutrious career, as an IAS officer, spanning over 40 years in public service 1977 to 2017 December (including 5 years as Chairman - Public Grievances Commission & Police Complaints Authority), he held various key senior positions at State and Centre level such as Principal Secretary to Chief Minister, Govt. of NCT Delhi; Chief Secretary – Govt. of NCT Delhi; Joint Secretary - Ministry of Information & Broadcasting, Govt. of India; Director - Indian Institute of Mass Communication; CEO - Delhi Jal Board, NCT Delhi; Commissioner Sales Tax - NCT Delhi; Development Commissioner & Chief Electoral Officer - A&N Islands; Director Total Literacy Campaign (National Literacy Mission) - Department of Education, Ministry of HRD; Commissioner Land - Delhi Development Authority; Commissioner Excise & Entertainment Tax – NCT Delhi; Secretary - New Delhi Municipal Committee; Deputy Commissioner and Secretary to Lt. Governor in Arunachal Pradesh etc. He has also been on the Board / Governing Council of Indraprastha Apollo Hospital, Delhi Metro Rail Corporation, TATA Power Ltd., BSES Rajdhani Power Ltd., BSES Yamuna Power Ltd., Institute of Biliary and Livery Sciences, Delhi, and National Law School, Delhi.
Dynamism and human approach are the hallmark of his persona. He is known as committed professional having rich and varied experience. He has successful leadership and governance abilities, expertise in management and administrative matters, project execution and operational matters. His firm and tactful handling of sensitive and tricky issues has seen the organisation, with which he was associated, emerge a winner at all times.
Mr Tripathi is a post graduate in political science from Allahabad University and a Gold Medalist for securing highest marks in political science at under-graduate level in the University.
He joined the Board of Religare Finvest Limited as Non-Executive Independent Director on September 28, 2022.
