Dr. Kshama Fernandes

Vice Chairperson, Northern Arc Group

Dr. Kshama Fernandes is the Vice Chairperson of the Northern Arc Group and Executive Chairperson of Northern Arc Investment Managers.

Northern Arc is a leading finance platform in India that connects underbanked institutions and businesses to capital markets investors. Kshama served as the Managing Director and CEO of Northern Arc Capital from 2012 to 2022.

Deeply respected for her knowledge and commitment towards the cause of unleashing the power of finance for the greater good, Kshama has been a member of various High Powered Committees setup by the Government of India and has worked on consulting assignments for the World Bank, the Chicago Mercantile Exchange, Ministry of Finance, Government of India, and NSEIT.

Kshama has been featured by FMO as a role model in banking. She is also a recipient of Accion’s Edward W. Claugus award for leadership in financial inclusion.

She holds a bachelor’s degree in science, a master’s degree as a well as a PhD in management studies. She has over 25 years of experience spanning across management, risk advisory and academia. Dr. Fernandes is a financial risk manager certified by the Global Association of Risk Professionals (GARP). Prior to joining Northern Arc, she was a professor at the Goa Institute of Management. She has also served as Chief Risk Officer of Northern Arc from 2009 to 2012.