V Vaidyanathan

  • V Vaidyanathan

    Founder and Chairman, Capital First Ltd

    Mr. V. Vaidyanathan is the Chairman of Capital First Limited (CFL). He worked with Citibank from 1990-2000, and with the ICICI Group from 2000-2010. In order to take an entrepreneurial role, he acquired a stake in an existing NBFC, then secured an equity backing of USD 150 million from Warburg Pincus in 2012, and thus formed Capital First Limited. Warburg Pincus is a large Global Private Equity player with funds of over US$ 40 billion. Post the transaction, he holds shares and options totaling 14% of the company on a fully diluted basis through personal holdings and related entities.He believes that financing India’s 30 million MSMEs and India’s emerging middle class, with a differentiated model based on new technology platforms, offers a unique opportunity in India.

    He joined the ICICI Limited in early 2000 when it was still a Domestic Financial Institution and helped the transition of ICICI as a DFI to a Universal Bank.During his career, he and his organization have received a large number of domestic and international awards including “Best Retail bank in Asia 2001”, “Excellence in Retail Banking Award” 2002, “Best Retail Bank in India 2003, 2004, and 2005 from the Asian Banker”, “Most Innovative Bank” 2007, “Leaders under 40” from Business Today in 2009, “Greatest Corporate Leaders of India, 2014”, and was nominated “Retail Banker of the Year” by EFMA Europe for 2008.