Ganesh Rengaswamy Joins Unitus

June 4, 2009 Posted by Press Release

Ganesh Rengaswamy Joins Unitus as India Country Director

Unitus Announces Ganesh Rengaswamy as India Country Director and Newest Member of Global Senior Management Team

Seattle, WA and Bangalore, India, June 4, 2009 — Unitus, Inc., an international nonprofit dedicated to reducing global poverty by accelerating access to microfinance, is very pleased to welcome Ganesh Rengaswamy as India Country Director and the newest member of Unitus’s global senior management team. As India Country Director, Rengaswamy will head the organization’s India microfinance initiatives including managing the team of consultants, advising Unitus microfinance partners and serving on the global senior management team.

“Ganesh brings a unique blend of commercial experience and passion for poverty reduction to this critical role at Unitus,” said Ed Bland, President of Unitus. “His entrepreneurial leadership and business acumen will greatly benefit our world-class Bangalore team and serve as a strategic advisor to our MFI partners as they continue to grow their businesses to serve more of India’s working poor.”

Before joining Unitus, Rengaswamy was co-founder of Travelguru.com, the leading online travel site for hotels and vacations in India and South Asia, and launched India investments for Greylock Partners, one of the oldest top-tier venture capital firms in the US. Prior to Greylock Partners, he worked at Infosys Technologies managing mission-critical engagements for Fortune 500 clients and leading $100 million (USD) customer acquisition programs. Before Infosys, he managed a private investment fund.

Rengaswamy holds a Bachelor’s degree in engineering from IT-BHU/IIT-BHU (India), a Masters in Business Administration from Harvard Business School, and a graduate degree in finance and systems strategy from IIM-Calcutta.

About Unitus

Unitus, an international nonprofit organization, fights global poverty by accelerating the growth of microfinance—small loans and other financial tools for self-empowerment—where it is needed most. Unitus partners with young, high-potential microfinance institutions helping them build capacity, attract capital, and unite with the greater partner network to achieve rapid, sustainable growth. In just 7 years, Unitus has helped its partners serve more than 7 million families throughout India and Southeast Asia, East Africa, Mexico, and South America.

Unitus received Fast Company’s Social Capitalist award in 2006, 2007, and 2008. Unitus is a 501(c)3 with offices in Seattle, Washington, Bangalore, India, and Nairobi, Kenya.

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