Optimo Capital independent director: Bengaluru-based non-banking finance company Optimo Capital has appointed former Reserve Bank of India (RBI) Chief General Manager Shrimohan Yadav as an Independent Director on its board. The company announced the appointment on September 24, 2026. Yadav will advise the board on governance, risk and regulatory matters and will serve on some key Board Committees.

New Role of Shrimohan Yadav at Optimo Capital

Shrimohan Yadav has around 29 years of experience with the RBI, including five years as Chief General Manager in the Department of Regulation. During his tenure at the RBI, he dealt with matters related to the licensing and ownership of private sector banks, small finance banks and payments banks, along with bank acquisitions, restructuring and governance.

According to the company, as an Independent Director of Optimo Capital, Yadav will guide the board on governance, risk management and regulatory matters. He will also be part of some key Board Committees.

The company stated that Yadav is currently associated as an Independent Director with a leading small finance bank, besides several NBFCs. He is also engaged as a Senior Advisor with several firms in the financial services sector.

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Optimo Capital Targets ₹1,200 Crore AUM by March 2027

The appointment of Yadav comes at a time when Optimo Capital is looking to scale up its operations. According to reports, the company has set a target of increasing its assets under management (AUM) to ₹1,200 crore by the end of March 2027. Currently, its AUM stands at ₹441 crore, as reported by Business Standard.

The company said that as the business grows, it becomes crucial to strengthen institutional frameworks, risk discipline and board-level oversight. Yadav’s experience is expected to support the company in these areas.

Optimo Capital’s Business Grew in FY26

According to information shared by the company, Optimo Capital’s AUM increased 179 percent to ₹441 crore in FY26. The company’s revenue also grew by 394 percent during the same fiscal year. During the year, the company expanded its branch network to 49 branches across five states.

The company provides loans against property to small business owners. According to Optimo Capital, all its lending is fully secured. As the company expands its business, it aims to provide more small business owners in smaller cities with access to formal credit.

Optimo Capital Founder and Managing Director Prashant Pitti said that the governance framework of the lender needs to evolve as its loan book expands. He also said that Yadav’s expertise in banking regulation and governance will be valuable for the board.

Shrimohan Yadav’s Experience at RBI

Shrimohan Yadav has around 29 years of experience with the RBI. As Chief General Manager in the Department of Regulation, he worked on areas such as licensing and ownership of private sector banks, small finance banks and payments banks, as well as bank acquisitions, restructuring and governance.

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According to Optimo Capital, apart from his tenure at the RBI, Yadav has around four decades of experience in the financial services sector. He has also held board and advisory roles with organisations associated with banking, fintech and legal services.

The company said that his experience will help strengthen governance and regulatory oversight as Optimo Capital moves into its next phase of growth. However, the company has not disclosed any separate figures regarding the financial impact of the appointment.

Optimo Capital’s Future Focus

Optimo Capital has set a target of reaching ₹1,200 crore in AUM by March 2027. Compared with its current AUM of ₹441 crore, the target represents a significant planned expansion of the company’s business.

Alongside AUM growth, the company will need to maintain its focus on risk management, regulatory compliance and board-level oversight. Shrimohan Yadav’s appointment as an Independent Director will add banking and regulatory expertise to the company’s board, based on his nearly three decades of experience at the RBI.

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