Mr. V. Vaidyanathan

Managing Director & CEO

“Mr. V. Vaidyanathan worked with Citibank and ICICI Bank (2000-2010). He then acquired a stake in an existing listed small wholesale NBFC, concluded a Leveraged Management Buyout of the company, recapitalised the company by raising fresh equity, and founded Capital First (2012) as a new entity and brand. He then built a Retail+MSME financing business and turned around the company from loss of Rs. 30 crores in 2009 to Rs. 327 crores in 2018. The market cap increased 10X. He later merged Capital First with IDFC Bank and became the Managing Director & CEO of the merged entity, then renamed IDFC FIRST Bank. He is currently working on the vision of the bank “To build a world- class bank in India, guided by ethics, powered by technology, and be a force for social good.”

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