Mr. Ajay Kumar Singh (Chairman and Whole Time Director)
Mr. Ajay Kumar Singh is promoter and chairman & Whole-Time Director of JFIL and has been instrumental in driving the growth of the company since its inception and prior to this post, he held position of Chairman & Managing Director. He is a first generation entrepreneur with 35 years of vast experience in various businesses including money lending business. He started with a small spare parts shop in 1983 and subsequently over the years, shuffled between dealerships of Diesel Engines, MRF Tyres, New Holland Tractors, Force Motors, LML, etc. along with managing his Real Estate, Construction, Education, Fuel Stations and Hospitality businesses. During this period, he was also engaged into money lending and to take advantage of his two decades of experience in the industry, he decided to incorporate JFIL in 2003 to restructure his business and work in a more organized manner. He plays a key role in the corporate planning, marketing, and development of financial strategies of the company.
He is also member of the CSR Committee, Risk Management Committee in JFIL.
Mr. Siddharth Ajay Singh (Managing Director and CEO)
Mr. Siddharth Ajay Singh has completed his graduation in Business Management from Symbiosis Centre of Management Studies (SCMS), Pune. Prior to joining Jumbo Finvest (India) Limited, he has worked as a Risk Manager in Au Financiers (India) Limited, a leading Non-Banking Finance Company of Rajasthan now known as AU Small Finance Bank.
He is on the Board of the company as Managing Director & Chief Executive Officer, designated as the Executive Director, JFIL, prior to this post he held position of Whole-Time Director since April, 2014. He is a member of the CSR Committee, Risk Management Committee. He is actively involved in the strategic decisions of the company.
Mr. Gulab Singh Rana (Whole Time Director)
Mr. G.S. Rana, is Whole-time Director of JFIL. He has completed his graduation in science and also having professional degree JAIIB. Before retiring as GM he had served IOB for more than 39 years (Feb. 1978 to May 2017) at various centers in different capacities i.e. P.O. addl. Officer, Accountant, Officer In charge, Branch Manager, Sr. Manager, Chief Manager, AGM, Chief Regional Manager, DGM. During the service period Mr. Rana is look after the Financial activities. He has also achieved various awards during this period.
Mr. Vishal Ajay Singh (Non-Executive Director)
Mr. Vishal Ajay Singh, is a Non-executive Director on the Board on JFIL and He is young and dynamic and having professional degree of BSc. Global Business Management from Regents University, London. and also on the board of other group company of Ajay Group.
Mrs. Rekha Singh (Non-Executive Director)
Mrs. Rekha Singh, is a non-executive, non-independent Director on the Board of JFIL and She is a promoter cum shareholder of the company and also on the board of other group company of Ajay Group.
Mr. Tarachand Chaudhary (Independent Director)
Mr. TC Chaudhary, is an Independent Director of JFIL and he has completed his graduation in science from BITS Pilani in 1971 and also having Bachelor degree in law. He has done his post-graduation in Economics also done his MBA in Banking & finance. Before retiring as DGM he had served RBI for more than 36 years (April 74 to July 2010) at various centers in different capacities and had handled department of NBFCs, urban banks department, rural planning and credit department and banking operations.
Being an Independent Director, Mr. Tarachand Chaudhary is a member of Audit Committee, Nomination and Remuneration Committee, Corporate Social Responsibility Committee and Risk Management Committee of the company and providing his valuable input to the Company.
Mr. Arjun Dan Ratnoo (Independent Director)
Mr. A D Ratnoo, is an Independent Director of JFIL and he has completed his graduation in Commerce and also having professional degree CAIIB, EMBA from NIBM. He is also Certified Bank Trainer of NIBM/IIBF and Certificate in Micro Finance degree from Indian Institute of Banking and Finance.Before retirement he handled various designations in NABARD including Head of NABARD Regional Offices at New Delhi, Himachal Pradesh and Rajasthan and retired from the post of country head of Department of Refinance of NABARD, H.O. Mumbai. He was also on recruitment board of IBPS for recruiting Officers in various scales in RRBs in India for 3 years. He also worked in Bank of Baroda and Rajasthan State Cooperative Bank and while in NABARD he implemented various assignments as a member of World Bank Team. He has vast experience as member of Board of various banks and Finance Corporation. At present he is advisor to N M Sadguru Water and Development Foundation, Dahod, Gujarat.He is also member of Audit Committee, Nomination and Remuneration Committee of the company.