Fusion Finance Management
Management criteria checks 2/4
Fusion Finance's CEO is Devesh Sachdev, appointed in Jan 2010, has a tenure of 14.5 years. total yearly compensation is ₹45.63M, comprised of 49.5% salary and 50.5% bonuses, including company stock and options. directly owns 4.91% of the company’s shares, worth ₹2.22B. The average tenure of the management team and the board of directors is 3.8 years and 5.9 years respectively.
Key information
Devesh Sachdev
Chief executive officer
₹45.6m
Total compensation
| CEO salary percentage | 49.5% |
| CEO tenure | 14.5yrs |
| CEO ownership | 4.9% |
| Management average tenure | 3.8yrs |
| Board average tenure | 5.9yrs |
Recent management 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 | ₹5b |
| Jun 30 2023 | n/a | n/a | ₹4b |
| Mar 31 2023 | ₹46m | ₹23m | ₹4b |
| Dec 31 2022 | n/a | n/a | ₹3b |
| Sep 30 2022 | n/a | n/a | ₹2b |
| Jun 30 2022 | n/a | n/a | ₹924m |
| Mar 31 2022 | ₹38m | ₹20m | ₹218m |
| Mar 31 2021 | ₹26m | n/a | ₹439m |
| Mar 31 2020 | ₹24m | n/a | ₹696m |
Compensation vs Market: Devesh's total compensation ($USD545.75K) is above average for companies of similar size in the Indian market ($USD231.26K).
Compensation vs Earnings: Devesh's compensation has increased by more than 20% in the past year.
CEO
Devesh Sachdev (52 yo)
14.5yrs
Tenure
₹45,631,066
Compensation
Mr. Devesh Sachdev co-founded Fusion Microfinance Private Limited in 2010 and serves as its Chief Executive Officer & Managing Director. Mr. Sachdev has over few years of experience in the Service Industry...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 14.5yrs | ₹45.63m | 4.91% ₹ 2.2b | |
| Chief Financial Officer | 7.3yrs | ₹9.48m | 0.15% ₹ 66.4m | |
| VP of Legal | no data | ₹5.32m | 0.12% ₹ 56.4m | |
| Chief Vigilance Officer | less than a year | ₹4.89m | 0.061% ₹ 27.4m | |
| CBO - MFI | no data | ₹8.68m | 0.056% ₹ 25.5m | |
| Chief Operating Officer of MFI | 3.8yrs | ₹12.85m | 0.12% ₹ 55.7m | |
| Chief Operating Officer of MSME | 5yrs | ₹10.12m | 0.023% ₹ 10.6m | |
| Chief Risk Officer | 3.8yrs | ₹5.12m | 0.0064% ₹ 2.9m | |
| Chief Information Officer | 1.5yrs | no data | no data | |
| Chief Human Resource Officer | 1.5yrs | no data | no data | |
| Chief Information Security Officer | less than a year | no data | no data |
3.8yrs
Average Tenure
50.5yo
Average Age
Experienced Management: FUSION's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 14.7yrs | ₹45.63m | 4.91% ₹ 2.2b | |
| Nominee Director | 7.9yrs | no data | no data | |
| Nominee Director | 5.6yrs | no data | no data | |
| Independent Director | 2.8yrs | ₹1.37m | no data | |
| Independent Director | 6.2yrs | ₹1.39m | no data | |
| Independent Director | 4.4yrs | ₹1.54m | 0.0030% ₹ 1.3m |
5.9yrs
Average Tenure
60.5yo
Average Age
Experienced Board: FUSION's board of directors are considered experienced (5.9 years average tenure).