Lending fintech firm Ugro Capital Limited announced the appointment of Deepa Agar Hingorani as a Non-Executive (Nominee) Director, with effect from May 18, 2023.
According to the company’s exchange filing, “the Board of Directors of the Company on 18th May, 2023, approved appointment of Mrs. Deepa Agar Hingorani (DIN: 00206310), representative of Danish Sustainable Development Goals Investment Fund K/S, shareholder of the Company, as a Non-Executive (Nominee) Director with effect from 18th May, 2023, liable to retire by rotation, subject to the approval of the shareholders of the Company at the ensuing Annual General Meeting. Mrs. Hingorani is not related to any of the Directors of the Company.”
Deepa Agar Hingorani is Senior Vice President at IFU, The Danish Investment Fund for developing countries. She is the global head for Financial services and also the Head of Asia at IFU, based in Singapore. IFU is a Danish Government owned investment fund that invests equity and debt for impact in emerging markets. Asia represents one third of IFU’s global portfolio.
She has 25+ years of investment experience in Asia and has led several transactions within Climate (renewable energy, waste management, water recycling), Financial Services, Agri business and infrastructure, Manufacturing and Healthcare.
Hingorani holds a Masters in Finance from University of Delhi, India and an Executive MBA from SIMI Copenhagen, Denmark.
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