Microfinance News Digest

Former head of Morgan Stanley emerging markets join's Unitus Capital

Mr Ramachandran the former head of Morgan Stanley’s Global Emerging Markets and Asset Allocation businesses has joined Unitus Capital as Co-chairman. Mr. Ramachandran recently stepped down as Chief Executive Officer and Country Head of Morgan Stanley India to make the shift to Unitus Capital.

Mr. Ramachandran plans to use market-based mechanisms to alleviate poverty, in areas such as micro-finance, social venture capital, micro-insurance and affordable housing.

Along with this change, Terry Alan Farris who was the former head of philanthropy services for the Asia Pacific region at UBS  joins the Unitus senior management team as Chief Executive Officer. 

Unitus Capital is a market leader in delivering capital markets solutions to the Indian microfinance industry and ia an investor in some of India’s biggest microfinance institutions like SKS Microfinance,Bandhan.

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