Belstar Microfinance Executive and Leadership Team

June, 2026

Leadership Overview

Belstar Microfinance has 8 executives leading key functions including strategy, operations, technology, and finance.

Driven by a mission to reduce poverty, Belstar Microfinance empowers individuals through tailored financial services, fostering sustainable livelihoods and community impact via its unique Credit Plus Model.

Leadership Roles at Belstar Microfinance

  • Chief Executive Officer - Jayaraman Balakrishnan
  • Chief Financial Officer - Lakshmanan Muralidharan
  • Deputy Chief Financial Officer - Ajeeth Doss
  • Deputy Chief Financial Officer & Company Secretary - Vijayalakshmi.PS Officer-BelStar
  • Chief Operating Officer - K. Balakumaran
  • Deputy Chief Operating Officer - Karuppusamy Natchimuthu
  • Chief Technology Officer - Dhanasekaran Sivaraj
  • Deputy Chief Technology Officer - Suresh R.
  • Jayaraman Balakrishnan - Chief Executive Officer

    Jayaraman Balakrishnan, the Chief Executive Officer at Belstar Microfinance, directs the overall strategic vision and operational execution. This leadership role involves guiding the institution's mission to reduce poverty and promote financial empowerment across rural and urban India. Balakrishnan oversees the development and implementation of innovative financial services, ensuring they align with the company's core objective of improving income and living standards for microentrepreneurs. The Chief Executive Officer's purview extends to fostering sustainable livelihoods through the unique Credit Plus Model, emphasizing women's self-help and joint liability groups. Jayaraman Balakrishnan ensures that the company's growth strategies contribute to significant community impact, driving the transformative potential of microfinance. This executive's focus remains on enhancing customer offerings and expanding market reach to empower more individuals like Shajeena and Gudiya.

    Lakshmanan Muralidharan - Chief Financial Officer

    Lakshmanan Muralidharan, the Chief Financial Officer at Belstar Microfinance, directs the institution's financial planning, management, and reporting. This executive role is fundamental to ensuring the financial health and sustainability of the organization, enabling its continued dedication to poverty reduction and financial empowerment. Muralidharan oversees all aspects of financial operations, including budgeting, forecasting, and capital allocation, ensuring resources are effectively deployed to support microentrepreneurs. The Chief Financial Officer plays a key part in managing relationships with financial partners and investors, securing the necessary capital to expand services and deepen community impact. Lakshmanan Muralidharan's strategic financial oversight supports the implementation of innovative customer offerings and the scaling of the Credit Plus Model. This leadership ensures Belstar Microfinance operates with fiscal responsibility while pursuing its social mission.

    Ajeeth Doss - Deputy Chief Financial Officer

    Ajeeth Doss, the Deputy Chief Financial Officer at Belstar Microfinance, supports the Chief Financial Officer in managing the institution's financial health and strategic fiscal planning. This role is critical for ensuring the financial sustainability required to pursue Belstar's mission of poverty reduction and financial empowerment. Doss contributes to financial analysis, budgeting, and forecasting, providing insights that guide resource allocation towards impactful microfinance initiatives. The Deputy Chief Financial Officer is involved in monitoring financial performance, identifying areas for cost optimization, and ensuring compliance with regulatory requirements. Ajeeth Doss works to strengthen financial controls and reporting mechanisms, supporting the effective deployment of capital to microentrepreneurs and community development projects. This executive's contributions are vital for maintaining fiscal discipline and enabling the expansion of services.

    Vijayalakshmi.PS Officer-BelStar - Deputy Chief Financial Officer & Company Secretary

    Vijayalakshmi.PS Officer-BelStar, the Deputy Chief Financial Officer & Company Secretary at Belstar Microfinance, provides dual support across financial management and corporate governance functions. This comprehensive role ensures the institution adheres to stringent financial practices while maintaining robust corporate compliance, essential for its mission of poverty reduction and financial empowerment. Vijayalakshmi.PS Officer-BelStar assists in financial reporting, regulatory filings, and the management of corporate records, ensuring transparency and accountability. The Deputy Chief Financial Officer & Company Secretary plays a crucial part in coordinating board meetings and ensuring effective communication between the board and management. This executive's oversight contributes to the sound financial stewardship and operational integrity of Belstar Microfinance. Vijayalakshmi.PS Officer-BelStar's combined expertise strengthens the institution's foundation for sustainable growth and community impact.

    K. Balakumaran - Chief Operating Officer

    K. Balakumaran, the Chief Operating Officer at Belstar Microfinance, manages the day-to-day operational activities and ensures efficient service delivery. This critical function involves overseeing the deployment of tailored financial services to microentrepreneurs, directly supporting the company's mission of poverty reduction. Balakumaran's responsibilities include optimizing the Credit Plus Model, ensuring its effective implementation in both rural and urban areas to foster sustainable livelihoods. The Chief Operating Officer drives initiatives aimed at improving the operational efficiency of women's self-help and joint liability groups, a cornerstone of Belstar's community impact strategy. K. Balakumaran also collaborates with other C-suite leaders to integrate innovative customer offerings and enhance the overall customer experience. This role is pivotal in translating strategic goals into tangible operational outcomes, ensuring the institution's continued growth and effectiveness in empowering families.

    Karuppusamy Natchimuthu - Deputy Chief Operating Officer

    Karuppusamy Natchimuthu, the Deputy Chief Operating Officer at Belstar Microfinance, supports the Chief Operating Officer in managing and optimizing the institution's operational framework. This role is integral to ensuring the seamless delivery of microfinance services, directly contributing to the company's objectives of poverty alleviation and financial empowerment. Natchimuthu focuses on enhancing the efficiency of service delivery channels, particularly in reaching microentrepreneurs in underserved rural and urban areas. The Deputy Chief Operating Officer plays a vital role in the execution of the Credit Plus Model, ensuring its effective application to foster sustainable livelihoods through women's groups. Karuppusamy Natchimuthu collaborates closely with operational teams to implement process improvements and maintain high standards of customer service. This executive's efforts are critical in translating strategic operational plans into tangible results that drive community impact.

    Dhanasekaran Sivaraj - Chief Technology Officer

    Dhanasekaran Sivaraj, the Chief Technology Officer at Belstar Microfinance, architects and oversees the institution's technology infrastructure and digital strategy. This leadership position is crucial for driving innovation in financial services, ensuring that technology enhances the accessibility and effectiveness of microfinance offerings. Sivaraj's responsibilities include developing and implementing robust IT systems that support the company's mission of financial empowerment and poverty reduction. The Chief Technology Officer leads efforts to leverage technology for improving customer offerings, streamlining operations, and expanding the reach of services to microentrepreneurs in diverse geographic locations. Dhanasekaran Sivaraj ensures that technological advancements align with the Credit Plus Model's emphasis on sustainable livelihoods and community impact. This executive's strategic direction enables Belstar Microfinance to maintain a competitive edge and adapt to evolving market demands.

    Suresh R. - Deputy Chief Technology Officer

    Suresh R., the Deputy Chief Technology Officer at Belstar Microfinance, assists the Chief Technology Officer in advancing the institution's technological capabilities and digital transformation initiatives. This position is essential for supporting the delivery of innovative financial products and services that empower microentrepreneurs and contribute to poverty reduction. Suresh R. focuses on the implementation and maintenance of technology solutions that enhance operational efficiency and customer accessibility across diverse geographic regions. The Deputy Chief Technology Officer contributes to developing and deploying systems that align with Belstar's Credit Plus Model, ensuring technology supports sustainable livelihoods and community development. This executive's work involves managing IT projects, ensuring data security, and exploring new technological avenues to improve customer offerings. Suresh R. plays a key role in ensuring the technological infrastructure robustly supports the company's strategic objectives.

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    Frequently Asked Questions Regarding Belstar Microfinance Top Executives and Leadership Team

    Who leads Belstar Microfinance?
    Belstar Microfinance is led by Jayaraman Balakrishnan (Chief Executive Officer), along with executives such as Lakshmanan Muralidharan (Chief Financial Officer) and Ajeeth Doss (Deputy Chief Financial Officer).
    Who is part of Belstar Microfinance’s executive team?
    The executive team of Belstar Microfinance includes leaders such as Jayaraman Balakrishnan (Chief Executive Officer), Lakshmanan Muralidharan (Chief Financial Officer), Ajeeth Doss (Deputy Chief Financial Officer) and other senior executives.
    How many executives does Belstar Microfinance have?
    Belstar Microfinance has 8 executives leading key business areas.
    What roles are included in Belstar Microfinance’s leadership team?
    The leadership team of Belstar Microfinance includes roles such as Chief Executive Officer, Chief Financial Officer, Deputy Chief Financial Officer, Deputy Chief Financial Officer & Company Secretary, Chief Operating Officer.