Utkarsh Small Finance Bank Management
Management criteria checks 3/4
Utkarsh Small Finance Bank's CEO is Govind Singh, appointed in Sep 2018, has a tenure of 5.67 years. total yearly compensation is ₹25.38M, comprised of 84% salary and 16% bonuses, including company stock and options. directly owns 0.017% of the company’s shares, worth ₹9.90M. The average tenure of the management team and the board of directors is 2.2 years and 3.5 years respectively.
Key information
Govind Singh
Chief executive officer
₹25.4m
Total compensation
| CEO salary percentage | 84.0% |
| CEO tenure | 5.7yrs |
| CEO ownership | 0.02% |
| Management average tenure | 2.2yrs |
| Board average tenure | 3.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | ₹5b |
| Dec 31 2023 | n/a | n/a | ₹5b |
| Sep 30 2023 | n/a | n/a | ₹4b |
| Jun 30 2023 | n/a | n/a | ₹4b |
| Mar 31 2023 | ₹25m | ₹21m | ₹4b |
| Dec 31 2022 | n/a | n/a | ₹3b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹1b |
| Mar 31 2022 | ₹20m | n/a | ₹615m |
| Dec 31 2021 | n/a | n/a | ₹267m |
| Sep 30 2021 | n/a | n/a | ₹716m |
| Jun 30 2021 | n/a | n/a | ₹893m |
| Mar 31 2021 | ₹19m | ₹19m | ₹1b |
| Dec 31 2020 | n/a | n/a | ₹1b |
| Sep 30 2020 | n/a | n/a | ₹1b |
| Jun 30 2020 | n/a | n/a | ₹2b |
| Mar 31 2020 | ₹19m | ₹17m | ₹2b |
| Dec 31 2019 | n/a | n/a | ₹2b |
| Sep 30 2019 | n/a | n/a | ₹1b |
| Jun 30 2019 | n/a | n/a | ₹1b |
| Mar 31 2019 | ₹11m | ₹11m | ₹939m |
| Dec 31 2018 | n/a | n/a | ₹584m |
| Sep 30 2018 | n/a | n/a | ₹229m |
| Jun 30 2018 | n/a | n/a | -₹201m |
| Mar 31 2018 | ₹12m | ₹12m | -₹630m |
Compensation vs Market: Govind's total compensation ($USD303.88K) is about average for companies of similar size in the Indian market ($USD380.73K).
Compensation vs Earnings: Govind's compensation has increased by more than 20% in the past year.
CEO
Govind Singh (58 yo)
5.7yrs
Tenure
₹25,376,450
Compensation
Mr. Govind Singh is the Founder of Utkarsh Micro Finance Private Limited and served as its Managing Director and Chief Executive Officer since January 16, 2017. Mr. Singh has been Managing Director and Chi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 5.7yrs | ₹25.38m | 0.017% ₹ 9.9m | |
| Chief Financial Officer | 1.6yrs | ₹7.20m | no data | |
| Chief Information Officer | 2.1yrs | ₹9.38m | no data | |
| Chief Human Resources Officer | 4.3yrs | ₹10.17m | no data | |
| Chief Risk Officer | no data | ₹11.36m | no data | |
| Company Secretary & Compliance Officer | 2.2yrs | ₹4.60m | no data | |
| Head of Operations | 3.6yrs | no data | 0.00091% ₹ 527.4k | |
| Chief Compliance Officer | 1.1yrs | no data | no data | |
| Head of Micro Banking Business | no data | no data | 0% ₹ 0 | |
| Head of Collections | no data | no data | no data | |
| Head of Whole Sale Banking | no data | no data | no data | |
| Head of Internal Audit | no data | no data | 0.00091% ₹ 527.4k |
2.2yrs
Average Tenure
49yo
Average Age
Experienced Management: UTKARSHBNK's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 5.7yrs | ₹25.38m | 0.017% ₹ 9.9m | |
| Independent Director | 3.8yrs | ₹3.26m | no data | |
| Independent Director | 3.2yrs | ₹3.38m | no data | |
| Independent & Part Time Non-Executive Chairman | 2.7yrs | ₹4.62m | no data | |
| Non-Executive Non-Independent Director | 3.2yrs | ₹2.54m | no data | |
| Non-Executive Independent Director | 7.3yrs | ₹3.86m | no data | |
| Independent Director | 4.1yrs | ₹3.14m | no data | |
| Nominee Director | 2.7yrs | no data | no data |
3.5yrs
Average Tenure
62.5yo
Average Age
Experienced Board: UTKARSHBNK's board of directors are considered experienced (3.5 years average tenure).