NEW DELHI, MARCH, 2019 : Microfinance Institutions Network (MFIN),
the premier industry association and Self-Regulatory Organization (SRO)
for the microfinance industry in India has announced inclusion of Dr.
Aruna Sharma as a fourth Independent Board Member at its 66th Board
Meeting held on 6th March 2019.
Dr. Aruna Sharma will be part of MFIN’s Governing Board which now
constitutes twelve members of which seven elected members are from the
leadership of MFIN member NBFC-MFIs, one of MFIN Associates and four are
Independent Board Members. The Governing Board supports the broad goals
of the organization by providing overall direction to its activities for
ensuring the healthy development of the NBFC-MFI industry.
Speaking on the appointment HARSH SHRIVASTAVA, CEO, MFIN said, “I am
delighted to welcome Dr. Aruna Sharma to the Governing Board of MFIN.
She joins us at a time when the sector is witnessing many positive
changes and we believe her expertise and knowledge will hold MFIN in
good stead, allowing us to pursue our goals of responsible lending and
client protection in the business of microfinance. We wish her all the
best for her new role.”
microfinance institutions network inducts dr. aruna sharma as an independent board member
Sharing her sentiments on being appointed as a board member, DR. ARUNA
SHARMA, said “With a deep sense of duty and high resolve, I accept
this new responsibility. It is indeed an honor to be part of such a
noble industry that is working towards financial inclusion and women
empowerment while filling the credit access gap at the grassroots level.
I hope that through my experience I will be able to contribute in
strengthening the policy framework as well as replicating best practices
that aim at client protection, satisfaction and well-being.”
Dr. Sharma is a retired Indian Administrative Service Officer from the
Madhya Pradesh cadre of the 1982 batch. In 2018, she retired as
Secretary – Steel, Government of India and prior to that, she was the
Secretary, Electronics and Information Technology, Government of India.
Dr. Sharma has also served as the Development Commissioner and
Additional Chief Secretary, Rural Development and Panchayati Raj in
Madhya Pradesh. She has also served as Commissioner and Secretary of
Public Health, MP Government and as Managing Director of the MP Dairy
Dr. Sharma has a Masters in Development Studies from the University of
Bath, UK and a PhD in Development Economics from Delhi University.