Board Directors.
Sujan Chairman
Mr. Sujan Mathew is a seasoned banking and financial services professional with over 25
years of experience across corporate banking, trade finance, commercial banking, and
branch operations. He has held key positions in leading institutions such as CSB Bank, IDBI
Bank, HDFC Bank, and ICICI Bank.
At South Indian Credits Ltd (SICL), he oversees overall operations, including business
development, branch banking, microfinance operations, compliance, and policy formulation.
He plays a central role in strategic planning, operational efficiency, and organizational
development.
Mr. Mathew has also contributed to development initiatives such as DDUGKY and has been
actively involved in training programs with ICICI Foundation, CHEGG, and ESAF Bank. He
holds an MPhil from Madras Christian College and an MA in Economics from the University
of Kerala, Karyiavattom.
Read full profile Rajan Xavier MD & CEO
Mr. Rajan K Xavier, a stalwart in the financial sector with over 28 years of unwavering dedication, stands as a
beacon of transformative leadership and impactful change. His journey began in 1996 with a leading microfinance
organization, ESAF, where his passion for empowering economically underprivileged communities took root. After
a brief hiatus, he rejoined the microfinance sector, propelling himself into a career marked by milestones of progress
and empowerment.
Throughout his illustrious career, Rajan has pioneered microfinance initiatives across diverse geographies, notably
expanding the outreach to new regions. His visionary approach didn't stop there; he integrated additional financial
services into his repertoire, augmenting offerings and fortifying community resilience.
Rajan's influence extends beyond corporate corridors; he has been a motivational force, shaping countless lives
through entrepreneurship and personality development training. His leadership has not only enriched the careers of
hundreds but also catalysed the eradication of predatory money lenders from remote villages, laying the foundation
for sustainable livelihoods across Kerala, Tamil Nadu and Gujrat.
Read full profile Elby Thomson Director
Ensures sound corporate governance at operational as well as policy level, he is principally responsible for providing the mandate
and leadership for the executive team to work in partnership across their operational groups, to lead and implement continuous
improvement in business process, leveraging digital transformation and ensure delivery of customer-centric services. In his role, he
steers the board of directors on policy decisions regarding asset liability and risk management.His experience in Loan policy
making, Implementation of process and procedure, Recruitment, Training and portfolio management, delinquency management and
economic analysis, molded his perspective on societal needs and social interaction. Later in life this was the real impetus that made
him pursue a career in microfinance where economics and philanthropy share a common platform. Throughout his career in the
mighty finance industry- for more than two decades, such interactive experiences have helped him to overview situations that come
up to him with a humanitarian angle. It had helped him to get the real pulse of the problem.
A battle-hardened banking professional, with an MBA in Finance & Marketing, for more than 24 years of experience serving
across verticals in Max Microfinance, Muthoot Fincorp and ESAF, Elby has played an instrumental role in driving the growth of
the company. He has significant experience managing fund vehicles of various sizes being involved right from the early stage with
due diligence.
Read full profile Anish Vijayan Director
Started his career in 1999 as a teacher in a tribal colony in Kanthalloor Panchayath. He was awarded the best teacher under BRC
Munnar. Along with teaching he was associated with the socio- economic development of poor students in this panchayath. Later He
joined with ESAF, A microfinance firm, as development officer and ESAF honoured him Excellency Award for exemplary service.
He was deeply associated with the economic development of more than 10000 rural women through empowerment programme.
He started his own social service organization in 2005-2015. As part of that, he actively involved in the rehabilitation of Tsunami
affected coastal areas of Tarangambadi and Chinnamgudi in Nagapattanam district, Tamilnadu. He was the project director of
improvement and well-being projects of that rehabilitation programme. He could make remarkable achievements in uplifting the
socio-economic educational life of the fishermen community. He was awarded the best social worker by the Rotary international,
Tamilnadu.
Further, he was again associated with a reputed microfinance institution “Village Care” as Operations Manager and has received
various awards like the V.K Kurian Memorial award (2017), Fr. Immanuel Vettikkuzhy Memorial award (2018), Best Achievement
award from Kanthalloor Grama Panchayath (2019). He still continues to be actively involved in the development process of rural
areas and associated with various organizations. For his immense contribution to society SITS has made him the Director, as SITS
follows the principle of human justice and the overall development of society.
Read full profile Aji Mathew Director
Aji Mathew is a dynamic and dedicated Soft Skills and English Trainer with extensive
experience in office administration, counselling, teaching, and student development
across educational institutions and government-funded programs. Skilled in training
diverse learners, improving communication competency, and preparing individuals for
corporate environments. Known for exceptional interpersonal skills, learner engagement,
and the ability to motivate, mentor, and guide trainees toward achieving personal and
professional growth. An HR and Software professional, she is currently heading
Admissions in Nirmala College Group of Institutions, Chalakudy
Read full profile Jomi De Panakkal Deputy Vice President – Administration
Mr. Jomi De Panakkal brings over 28 years of experience in project financing, institutional
funding, and financial strategy. At SICL, he leads initiatives to secure funding from banks
and financial institutions, ensuring alignment with organizational objectives and long-term
sustainability.
He is highly skilled in financial analysis, risk assessment, and relationship management with
funding agencies. His role also encompasses administrative oversight, HR coordination, and
compliance management.
Mr. Panakkal has played a key role in structuring and executing financing strategies for
multiple projects, contributing significantly to the organization’s growth and operational
stability.
Read full profile Agnes minu Chief Accounts Officer
Ms. Agnes Minu leads the finance and accounting functions at SICL, with responsibility for financial
reporting, compliance, and internal control systems. She has been instrumental in implementing a
risk-based ERP framework, enhancing process efficiency and strengthening financial governance.Her
professional experience includes roles at Al Dhafra Insurance Company and Thaliath & Jacob
Chartered Accountants, where she developed strong expertise in financial reporting and internal
controls. She holds an MBA in Finance from ISBM and is currently pursuing the Chartered
Accountancy qualification.Ms. Minu has a keen interest in investment strategies, particularly in gold
and related financial instruments.
Read full profile George Varghese Chief Vigilance Officer
Mr. George Varghese is a distinguished police professional with over 37 years of exemplary
service, bringing deep expertise in security strategy, vigilance, and fraud risk management.
Over the course of his career, he has demonstrated exceptional capability in conceptualizing
and executing complex security frameworks, strengthening internal controls, and leading
large, multidisciplinary teams.He has held several key leadership positions, including
District Police Chief of Kozhikode Rural, Kochi City, and Idukki, where he played a pivotal
role in enhancing law enforcement operations and organizational effectiveness. His expertise
spans security operations, vigilance systems, fraud prevention, and loss mitigation.Mr.
Varghese is also an accomplished trainer in security and vigilance practices, contributing to
capacity building and institutional strengthening. An alumnus of Sainik School
Kazhakoottam and Catholicate College, Pathanamthitta, he began his career as a Sub
Inspector in 1976 and retired as District Police Chief, Idukki.
Read full profile Subash K G Vice President – Corporate Sales
Mr. Subash K G is a veteran banking professional with over four decades of experience
in banking operations, corporate sales, and risk management. He served for 35 years at
CSB Bank, where he held multiple leadership roles, culminating in his position as Zonal
Cluster Head.Post-retirement, he contributed as Head of the BSFI division at ASAP
Chathannur and later served in the Risk Control Division at ESAF Bank. At SICL, he
plays a strategic role in driving corporate sales, strengthening client relationships, and
expanding business growth.His extensive experience and industry insight make him a
key contributor to the organization’s sales and market expansion strategies.
Read full profile Thirumal Swamy Director
He hails from Devikulam Taluk,Kanthalloor Village and belongs to the tribal community, born
and raised in the scenic surroundings of the Chinnar Wildlife Sanctuary. As a proud representative
of his tribal roots, he serves as the President of the Economic Development Committee, where he
plays a pivotal role in driving initiatives for the upliftment of his community. A true pioneer in
millets cultivation within the tribal hamlet, he has successfully introduced and popularised this
hardy, nutritious crop, transforming traditional farming practices and enhancing food security in
the region. Recognised as an excellent organiser in the farming sector, he brings people together,
coordinates resources efficiently, and implements innovative agricultural strategies. Above all, he
is a born leader whose vision, dedication, and ability to inspire others have made him a guiding
force for sustainable development and community progress.
Read full profile 
