Kamlesh Dangi quits UTI Mutual Fund to join a startup


Dangi moves from UTI Mutual Fund to join InCred, a new-age financial services consumer and SME lending platform.

After spending almost two-and-a-half years in UTI Mutual Fund as group chief people officer, Kamlesh Dangi has quit to join InCred, a Mumbai-based startup in the financial domain, by August 2018.

Dangi has enjoyed working in the start-up space earlier and believes it offers a unique opportunity. “There is a lot of action in the NBFC space. It is also exciting to work in a startup and help in
scaling up an organisation, from a relatively small size to a large corporation. There is a chance to shape up culture, ethos, processes and systems. It has been a huge learning at UTI, which is a formidable organisation and a respectable brand,” said Kamlesh Dangi. He is looking forward to joining the new-age financial services consumer and SME lending platform, which is in the expansion mode.

Prior to UTI, Dangi has worked with Religare for close to eight years. He has also worked in ICICI Bank for over seven years. At ICICI, he was head of HR for the Wholesale Banking Group, which mainly included corporate banking, investment banking and project finance. In addition, he was also the head-HR for the International Banking Group, which operates in 18 countries with around 1,500 employees.

Dangi began his career with Interlink, a consultancy company in the pharma sector, in 1995. As part of their consulting team, he was responsible for various HR assignments. Thereafter, in 1997, Dangi joined Toyo Engineering Corporation, a Japanese engineering company, where he had a short stint of 10 months.

In 1998, he moved to retail, a completely new territory. After spending three years at Shopper’s Stop, he joined ICICI Bank, and has been part of the financial sector ever since.

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