Guiding with wisdom, leading with vision
Meet the Board of Directors at Arman Financial Services, the architects of financial solutions for a brighter tomorrow.
Joint Managing Director
Mr. Aalok J. Patel stands as a beacon of innovation and expertise in the realm of finance and accountancy, embodying a unique blend of academic excellence and professional prowess. With roots extending back to the prestigious Lawrence School, Sanawar in India, Mr. Patel's academic journey propelled him to the United States, where he not only pursued but excelled in his higher education at Drake University. There, he achieved High Honors, marking his early dedication to the field with a Bachelor's and a Master's Degree in Accountancy & Finance. His commitment to excellence did not stop there; Mr. Patel further solidified his expertise by becoming a licensed Certified Public Accountant (CPA) in the U.S., a testament to his deep understanding and proficiency in the field. Mr. Patel's professional journey is equally impressive, beginning with a nearly four-year tenure as an independent auditor for KPMG. During this period, he not only honed his auditing skills but also had the privilege of serving clients from the Fortune 100 list, showcasing his ability to navigate the complexities of high-stakes financial environments. His career further diversified with significant experience at John Deere Credit, the financing arm of the globally recognized John Deere & Co., where he contributed his financial acumen to the world of equipment financing. Beyond the realm of auditing and finance, Mr. Patel has made notable strides in equity analysis and valuation. His insightful research and analyses have earned him quotations in reputable business journals, highlighting his thought leadership and impact on the financial community. Since 2010, Mr. Patel has been dedicating his vast array of skills and knowledge to Arman, serving as an Executive Director. In this role, he continues to drive innovation, uphold financial integrity, and contribute to the company's success with his unparalleled expertise and visionary approach. Mr. Aalok J. Patel is not just a financial professional; he is a distinguished leader shaping the future of finance with every endeavor he undertakes.
Director
With an illustrious career spanning over three decades in the Banking and Non-Banking Financial Company (NBFC) sectors, Mr. R.K. Nagpal stands out as a paragon of professional excellence and dedication. His journey through the financial world has seen him holding the prestigious position of Vice President at Centurion Bank Ltd. for seven years, followed by an impactful tenure of 21 years in various senior roles at the Central Bank of India, culminating as the Assistant General Manager at the Mumbai Main Branch. Notably, Mr. Nagpal is the visionary founder and Managing Director/Chief Executive of Central Bank Home Finance Ltd, a distinguished subsidiary of the Central Bank situated in Bhopal, which was jointly initiated with notable organizations like NHB, HUDCO, and UTI. Mr. Nagpal's vast experience is not limited to leadership roles; he has made significant contributions as a Senior Internal Auditor at the Central Bank of India, where his expertise was instrumental in detecting and addressing scams and frauds. His acumen in conducting specialized audit assignments has led to the exposure of large-scale financial discrepancies, including the discovery of Maritime Import/Export Letter of Credit frauds. Furthermore, his proficiency extends to the statutory audit of the Urban Cooperative Bank in Ahmedabad, audits of several National Highway Authority of India's Toll Plaza units, the Concurrent Audit of the State Bank of Saurashtra, and the Information System Audit of 40 branches of the District Cooperative Bank in Gujarat. Following his illustrious banking career, Mr. Nagpal transitioned to lead the Finance Department of a leading Central Government Pharmaceutical Company from August 2007 to May 2013, demonstrating his versatile capability in managing finance across different sectors. He is currently channeling his vast expertise in financial matters and audits as a Partner with Sharma Kathuria & Co Chartered Accountants, continuing to influence the financial sector with his unparalleled experience and insights.
Director (Independent)
Mr. Yash Shah is a prominent figure in finance, holding a Bachelor of Commerce from H.L. College and esteemed as a Fellow of the Institute of Chartered Accountants of India (ICAI) since 2006. Currently a partner at DBS, he specializes in consulting for Mergers & Acquisitions (M&A) and Valuations. His rich experience includes a notable stint at KPMG in the M&A division, working with high-profile clients like Siemens and Orchid Pharma. Beyond his consulting role, Mr. Shah is recognized for his scholarly contributions to Domestic Transfer Pricing and Cross-Border Transactions and is a respected speaker on M&A topics at various forums. His leadership and expertise continue to make significant impacts in the financial sector.
Mr. Aakash J. Patel merges the worlds of technology and business with a dynamic profile that is as innovative as it is grounded. With an educational foundation in Computer Science and Business Management from Gettysburg College, followed by an MBA from Bentley College, Boston, his journey is a testament to the power of combining technical acumen with strategic business insight. Boasting over 8 years of rich experience, Aakash has lent his expertise to prestigious firms such as Deloitte as a consultant, and Intellitools, where he excelled as a software developer. His career also includes impactful roles at industry giants like Hewlett Packard, EMC Corporation, Softscape Inc, and Sumtotal Systems. Currently, as the Manager- PMO (USA) at Bullhorn Inc., Aakash continues to drive technological innovations while steering strategic business initiatives, embodying the essence of a tech-savvy business leader.
Smt. Ritaben J. Patel stands out as a seasoned professional in the banking sector, blending academic proficiency with extensive practical experience. With a Bachelor's degree in Economics, her expertise is further enhanced by banking qualifications acquired from the First National Bank of Chicago, USA. Ritaben's illustrious career spans over a decade in the American banking industry, having contributed her skills in various capacities at esteemed institutions such as the First National Bank of Chicago, Golf Mill Bank, and Morton Grove Bank. Her depth of knowledge and versatile experience make her a distinguished figure in the realm of finance, embodying the fusion of analytical prowess and real-world banking acumen.
Nominee Director
Mr. Mridul Arora epitomizes the intersection of technology and business acumen, with an illustrious educational background and a sharp focus on the future of finance and healthcare. With a degree in Chemical Engineering from IIT Madras complemented by an MBA from IIM Lucknow, Mridul's academic credentials set the stage for a career marked by innovation and strategic foresight.In his role as a Nominee Director, Mridul channels his passion for the consumer internet and mobile investments, with a particular emphasis on fin-tech and health-tech sectors. This focus stems from a deep-seated belief in the transformative power of technology to solve complex problems and improve lives. Before his current tenure, Mridul honed his expertise as an Engagement Manager with McKinsey & Company, where he concentrated on financial services. His work spanned banking, insurance, and asset management, providing him with a comprehensive understanding of the financial ecosystem and its challenges. Mridul's journey is not just about his roles and qualifications; it's about his vision for leveraging technology to drive change, making him a forward-thinking leader in the dynamic landscapes of finance and healthcare technology.
Independent Director
Ms. Geeta Solanki is a trailblazer in women's health and social entrepreneurship, with an MBA and a profound commitment to improving women's lives. Transitioning from a marketing professional to a champion of menstrual hygiene, her efforts stem from a personal connection to rural agricultural challenges. She founded an innovative company that not only educates women on hygiene but also empowers them financially by creating opportunities for independence through a sustainable supply chain. In just three years, her initiatives have reached over 1.2 million women, earning her the ‘Bharat Ki Laxmi’ award by The Ministry of Women and Child Development, India. Geeta's role as an expert on numerous panels and summits further underscores her influence and dedication to women's hygiene and empowerment.
