Anuj Pandey Named CEO of UGRO Capital Amidst Strategic Growth Push
UGRO Capital Limited has elevated Anuj Pandey to the role of Chief Executive Officer, effective July 1, 2025, marking a key leadership shift as the company accelerates its MSME lending ambitions. A founding member of UGRO, Pandey previously served as Chief Risk Officer, where he was instrumental in building the company’s risk and credit governance architecture.
The appointment comes at a critical juncture for UGRO Capital, which recently crossed Rs 12,000 crore in assets under management, expanded its footprint to over 300 branches, and completed the Rs 1,400 crore acquisition of Profectus Capital. The company has also secured significant capital backing to support its next phase of expansion.
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With nearly 25 years of experience, Pandey brings a diverse leadership background from top-tier institutions like GSK Consumer, ABN AMRO, Barclays Bank, and Religare. An engineering graduate with a B.Tech in Mechanical Engineering and an MBA from IIM Lucknow, Pandey is well-regarded for his strategic and risk management capabilities in lending and financial services.
As CEO, he will lead UGRO’s nationwide MSME operations, digital platforms, and embedded finance initiatives, reporting to Founder, Vice Chairman, and Managing Director Shachindra Nath. Nath will remain focused on long-term strategy, governance, and investor relations.
The leadership transition is part of UGRO’s plan to strengthen institutional depth while maintaining entrepreneurial agility. Nath highlighted that Pandey’s deep domain expertise in MSME credit and technology-led execution makes him ideally positioned to lead UGRO through its next phase of growth.
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Expressing his vision, Pandey said he looks forward to expanding UGRO’s reach, scaling embedded finance, and continuing to address the MSME credit gap through innovation and disciplined execution. The move underscores UGRO Capital’s commitment to building a resilient and tech-driven financial institution focused on empowering small businesses across India.
Disclaimer: This post is for general informational purposes only. It does not constitute financial advice. Please consult a qualified professional before making financial decisions.
