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Oikocredit appoints new Regional Equity Manager for Asia

Oikocredit appoints new Regional Equity Manager for Asia

19 August 2021

Amersfoort, the Netherlands – Social impact investor and worldwide cooperative Oikocredit has appointed Anirudh Sarda as Equity Manager for investments in Asia.

In this new role, Anirudh will manage a portfolio of equity investments, lead the regional equity team, and collaborate with colleagues to promote Oikocredit’s strategic objectives. He will promote value-added initiatives for partners and beneficiaries on behalf of Oikocredit.

Anirudh is based in Hyderabad, India, and first joined Oikocredit as an Equity Officer in 2017. In his initial role, Anirudh was responsible for sourcing and evaluating new equity opportunities as well as supporting the existing portfolio in India.  Anirudh He has several years of experience specialising in equity investments and has worked in a number of sectors relating to Oikocredit’s work, such as inclusive finance, renewable energy, infrastructure and agribusiness. An Indian national, Anirudh is a CFA Charterholder and holds an MBA in Finance from IMT, Ghaziabad.

To support the effective management of its equity portfolio, Oikocredit has appointed an Equity Manager for each of its focus regions. Oikocredit’s local presence is essential for fostering long-term relationships to help its partners build strong and sustainable social businesses.

The cooperative’s equity portfolio has doubled in the last five years to approximately €150 million, and appointing regional managers will help to sustain this growth. Equity investments make up 17% of Oikocredit’s development financing portfolio.

Welcoming the new appointment, Oikocredit’s Equity Director, Tom Keleher, said, “Anirudh has been successful in his previous role with Oikocredit, has demonstrated his commitment to the objectives of the organisation, and has earned the opportunity to lead regional equity activities. I’m confident we can leverage the strengths of the entire equity team to continue the solid growth and positive financial and social impact of Oikocredit’s equity portfolio.”

 

About Oikocredit

Social impact investor and worldwide cooperative Oikocredit has 45 years of experience funding organisations active in financial inclusion, agriculture and renewable energy.

Oikocredit’s loans, equity investments and capacity building aim to enable people on low incomes in Africa, Asia and Latin America to improve their living standards sustainably.

Oikocredit finances close to 550 partners, with total outstanding capital of € 856 million (as at 31 March 2021). For more information see: www.oikocredit.coop.

 

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Note for editors

For more information or to request an interview, please contact Jasmin Panjeta, Communications Business Partner, Oikocredit International, telephone: +31 33 422 4040, email: jpanjeta@oikocredit.org.

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