Our Team

We are the analytics experts working in fintech sector.

RS Chaudhari (Senior Partner)

He has over 38 years of experience, which includes a long and proven track record of 18 years working as a Banker in one of the largest Banks in India and another 20 years of experience of working in the risk management area. He is a Banker with strong quantitative skill set and understanding of risk management domain. Given his unique combination of experience and skill set, he brings practical solutions to the risk management problems during our engagements with the clients.
During his stint with the Bank, he handled various positions in areas of credit risk, market risk, operational risk and integrated risk management. He has an in-depth knowledge of treasury, corporate Banking, wealth management and Banking operations.

In his role as ‘Principal Consultant’ at Auronova, he completed a wide range of financial risk management consulting assignments for major Banks and financial institutions. These assignments have spanned the range of risk management issues from policies, procedures, governance and infrastructure to methodology, quantitative techniques and systems. He has worked extensively in all the risk areas such as credit, market, liquidity, operational risk and other material risks faced by the Financial Institutions, and has helped the clients in both quantitative and qualitative aspects of risk management i.e. in risk quantification as well as in drafting the risk policies and procedures.
He is a graduate in Engineering from Indian Institute of Technology Roorkee (IIT Roorkee) and also holds Financial Risk Manager (FRM) from GARP USA & Chartered Financial Analyst CFA from ICFAI (India). Along with this he holds 8 diplomas spanning in the field of Treasury Investment, Equity Research & Analysis, Financial services, Bank management, Capital Markets, Merchant Banking & Risk Management.

PM Ranganathan (Senior Partner)

Mr. PM Ranganathan is a core banker with more than 38 years of banking experience covering all the areas especially Corporate Credit and Risk Management. He has over 10 years of experience in Corporate Credit and more than 18 years of experience in Risk Management.
He was heading the Basel II implementation in a large Public Sector Bank in India. After that he was heading the Risk Management function as CRO in a leading bank in the middle east.

He lead a professional and strong team to set up the Risk Management Systems, procedures and processes in the Bank including implementation of Basel II, Basel III, validation of the risk rating tools and IFRS9. His contributions also covered the areas of Market , Operational Risk, setting up the policies, the ICAAP for the Bank etc.,. Asian Banker Association, recognizing his contributions to the domestic/regional and international bodies in the area of Risk Management, listed him as one of the leading practitioners in Risk Management in the year 2016.

PM Ranganathan (Senior Partner)

Mandeep Singh (Partner)

He has over 17 years of experience in the financial services sector, which includes Banking, securities firm, asset management, financial markets and risk management consulting. He has extensive experience of over 14 years working in the area of risk management which comprehensively covers implementation of ERM, risk governance, risk organization structure, risk policies & procedures, risk related system implementation and risk modeling.

He started his career in fixed income market with an asset management company and then worked in risk management function of India’s largest private sector Bank. Prior to founding Auronova Consulting Solutions Pvt. Limited, a risk management consulting firm, he was a senior consultant in the Enterprise Risk Management (ERM) practice of a Big 4 consulting firm. He has extensive knowledge of risk management techniques in the area of credit risk, market risk, ALM and integrated risk management. As a part of Auronova Consulting Solutions Pvt. Limited, in his role as Head of Consulting business, he is responsible for the delivery of all the consulting projects of the company.
He has extensive knowledge, expertise and experience in developing Enterprise Risk Management Framework (covering Credit, Market, Operational, Liquidity & other risks). He is well versed with Basel II guidelines and helped several Banks to implement FIRB approach successfully over the years.
He is a graduate in Chemical Engineering from Indian Institute of Technology Roorkee (IIT Roorkee) and Post Graduate in Management from Indian Institute of Management (IIM), Indore, India. He is an active member of ‘Global Association of Risk Professionals’.

Milanshu Khandelwal (Senior Consultant)

He is the senior consultant at Auronova consulting and has 7+ years of work experience. In Auronova, he is the key member of credit risk analytics team for retail products which includes development/modification and validation of credit risk models, PD estimation, LGD & EAD models, loss forecasting and other risk related analytics. He has extensively worked with credit bureau on multiple projects and has also helped them in developing multiple bureau products. He has helped multiple clients in starting digital lending business by providing end-to-end analytics solution. He has a vast knowledge in statistics and retail banking, which makes him a valuable asset for company and client.

He is equipped with good communication and presentation skills with the ability to perform well. His education and career has enriched him with a fast learning aptitude and an inquisitive mind with strong analytical and problem solving skills. In addition, he has evolved into a well-organized, detail oriented team member with good co-ordination and trouble-shooting skills.
He has graduated in Electrical Engineering from Indian Institute of Technology Delhi (IIT Delhi).

Milanshu Khandelwal (Senior Consultant)

Adesh Ladha (Senior Consultant)

Adesh Ladha is the senior consultant at Auronova consulting and has 5+ years of work experience. In Auronova, he is the key member for retail analytics and has developed multiple scorecards for middle-east banks and Indian Credit Bureau. Working with credit bureau has helped him in having extensive knowledge of Indian credit market. He has also helped credit bureau in developing multiple bureau products. He has worked extensively on ICAAP framework, RAROC and Basel II capital calculation engine. He is well versed with all material risks under Pillar II and different quantification approaches for the same. He has also worked on Basel II data gap reporting and data architecture for smooth implementation of FIRB. He has also worked on end-to-end IFRS 9 solution for one of the biggest bank in Middle-East.

He is a graduate in Electrical Engineering from Indian Institute of Technology Delhi (IIT Delhi) and also holds Management in Business Administration (MBA) in Finance from Indian Institute of Management Calcutta (IIM Calcutta) – both rated amongst the premier institutes in India.
He has also cleared Chartered Financial Analyst (CFA Institute, USA) Level 3 examination this summer and will be getting his charter degree after fulfilling the experience criteria. For enhancing his domain knowledge, he has cleared Financial Risk Management (GARP, USA) Part I examination and is aiming to become a certified FRM.

Tushar Kamat (Head - Sales & Alliances)

Tushar is heading the Sales & Alliances function here and is part of the Auronova journey since July of 2019. Prior to Auronova, he has worked in Senior Business roles at CRISIL, Thomson Reuters, AXA Investments & Deutsche Bank. He has overall 10+ years of experience in Business Development and Marketing to the BFSI industry and has been responsible for building extensive business portfolios in the Risk Solutions & Consulting Practice, Financial Information and in the Asset Management industry.

He is a Graduate in Electronics & Telecommunications Engineering from Visvesvaraya Technological University, Karnataka and Post Graduate in International Business from Welingkar Institute of Management Development and Research, Mumbai. He is a native of Mumbai, an avid cricketer, and a nature admirer, spending most of his free-time pursuing these hobbies.

Tushar Kamat (Head - Sales & Alliances)

Paulson Paul (Senior Consultant)

He has more than 7 years of work experience in project management, retail & corporate modeling, Basel II, corporate finance and RAROC framework. He is working as a Basel II expert with Auronova, and is well versed with capital calculation requirements for all types of risk categories and different type of approaches for Credit, Market, Operational and Liquidity risk. He is also working on development of Basel II framework inclusive of capital instrument related guidelines and assessment of liquidity risk ratios as per the guidelines.

At Auronova, he was worked for clients in the GCC region & is also well versed with the concepts of Banking and Finance in Islamic Banking. Prior to joining Auronova, Paulson has also worked at the Retail Risk Analytics division at HSBC and Financial Planning & Analysis Department at Microsoft.
He is a graduate in Aerospace Engineering from Indian Institute of Technology Kharagpur (IIT Kharagpur) and also holds Management in Business Administration (MBA) in Finance from Indian Institute of Management Calcutta (IIM Calcutta) – both rated amongst the premier institutes in India. He has cleared CFA Level 1 examination.

Giuseppe Gianpaolo Montalto (Advisor)

Joseph Montalto (Giuseppe Gianpaolo Montalto) has almost 30 years of experience working in Credit & Risk Management. He has worked in senior risk positions for a number of well-known global commercial, investment and Islamic financial institutions based Australasia, Europe and Middle East. Over the last 12 years he has worked for a number of Gulf based Islamic banks as Group Chief Risk Officer where he was charged with mandate of overhauling the Risk Management operations in these institutions covering governance, policies, processes, IT systems and analytics applying best international standards. He has also worked in number of high profile consulting projects for both bank and non- bank financial institutions.

Giuseppe Gianpaolo Montalto (Advisor)

Mr. N K Singhal (Advisor)

Mr. N K Singhal is an accomplished banker and risk professional with over 36 years of experience in credit and risk management function. He served as ‘Chief Risk Officer’ in one of the largest public sector bank in India.
In his capacity as CRO, he was instrumental in establishing the risk management function of the bank i.e. development of risk governance and risk organization structure, risk reporting framework, enhancing risk related policies and established the risk analytics function for developing internal credit risk rating models for both corporate and retail portfolios, market risk models, AMA compliant operational risk model etc. He has also handled very large credit and project finance deals for nearly ten years.

He has also implemented Basel II accord in the bank, enabling it to adopt advance approaches for market, credit and operational risk. He was also instrumental in establishing “CORDEX” for external operational risk loss data collection at industry level.
Exceptional leader, well-versed with the techniques used to assess risk factors in a modern business organization with the ability to adapt according to the situational requirements and deliver the desired results.