Mr. Vimal Bhandari spearheads Arka, the financial services business of Kirloskar Group. From driving the company’s end-to-end strategic vision, planning with a strong bottom-line focus, meeting the expectations of key stakeholders to recruiting, managing and leading the leadership team, he is at the helm of our organisation.

With a rich experience of over 35 years of building businesses from conception and scaling them up to their vision, Mr. Vimal Bhandari has spent his years in some of the most notable financial organisations. He’s been the CEO and Managing Director at IndoStar Capital Finance Limited, an NBFC established by international investors like Everstone, Goldman Sachs and Ashmor. Prior to that, he was associated with AEGON N.V., the Dutch life insurance and pension player as a Country Head. He spent 16 years in the top management of IL&FS Limited, during which he led the financial services business as the Executive Director for 9 years. Additionally, he served as a Non-Executive Director for IL&FS Group entities in diverse financial services, businesses of stock broking, private equity, infrastructure project development, healthcare management services and as Director-In-Charge for the asset management and merchant banking subsidiaries. He is currently the Managing Director of Arka Financial Holdings Private Limited, the holding company of Arka Fincap Limited. 

A commerce graduate from Mumbai University (Sydenham College) and a Chartered Accountant from the Institute of Chartered Accountants of India, Mr. Vimal Bhandari serves as an Independent Director on the boards of several companies in diverse business segments, including Escorts Kubota, Bharat Forge, Kalpataru Projects International Limited, HDFC Trustee, JK Tyre and DCM Shriram.