News | MFIN Elects Vineet Chattree as Chairperson and Dibyajyoti Pattanaik as Vice Chairperson

MFIN Elects Vineet Chattree as Chairperson and Dibyajyoti Pattanaik as Vice Chairperson

News

05 July 2025

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In a significant development for India’s microfinance sector, the Microfinance Institutions Network (MFIN), an RBI-recognised self-regulatory organisation (SRO) for NBFC-MFIs, has appointed Vineet Chattree, Managing Director of Svatantra Microfin, as its new Chairperson, while Dibyajyoti Pattanaik, Director at Annapurna Microfinance, will serve as Vice Chairperson. The announcements were made at MFIN’s 16th Annual General Meeting, held on July 4, 2025, in Gurgaon.

These leadership appointments reflect MFIN's ongoing commitment to foster transparency, client protection, and responsible lending in the microfinance industry. By elevating leaders from established field-level microfinance institutions, MFIN intends to strengthen industry governance and align practices more effectively with its regulatory framework. The AGM also inducted new independent board members, including Veena Mankar of Swadhaar FinAccess and Saurav Sinha, former RBI Executive Director.

Chattree brings deep sectoral expertise, having led Svatantra Microfin’s operations, while Pattanaik’s extensive experience in governance and microfinance dynamics further reinforces the board. Their administrations are expected to prioritise initiatives that enhance micro-loan transparency, digital access, and financial inclusion for underserved communities.

The leadership transition signals continuity in pursuing MFIN’s mission of fostering a sustainable and ethical microfinance ecosystem. With fresh leadership at the helm, stakeholders anticipate a strategic push towards better consumer outcomes, improved regulatory engagement, and technological innovation across India's microfinance landscape.