Smita Aggarwal

Director, Investments

Smita leads strategy and investments for Omidyar Network’s Financial Inclusion initiative in India.

Before joining Omidyar Network, Smita served as senior program director at CAFRAL, a global think tank promoted by the Reserve Bank of India, where she designed and delivered executive programs and workshops on strategy, risk management, digital banking, financial inclusion, and governance for bank CEOs and directors. Prior to her time at CAFRAL, Smita was business head, Gramshakti at Fullerton India Credit Company, a Temasek subsidiary, where she set up a business model to offer loans and other third party products to rural customers.

She began her career with ICICI Bank, where she held various leadership positions including head of rural and agricultural insurance business, head of strategy, head of e-channels, head of CRM, and head of international resources. She was instrumental in introducing innovative products and channels to improve convenience and access for customers. Smita has also taught microfinance courses as a visiting faculty member at NMIMS School of Business Management.

Smita volunteers with the Indian Cancer Society and spearheads one of the largest pan-India projects for providing financial grants for treatment of poor cancer patients. She was also instrumental in conceptualizing and launching the first debt mutual fund for supporting cancer cures.

A Chartered Accountant, Smita graduated from Sydenham College in Mumbai and attended executive programs at Harvard Business School and MIT Sloan School of Management.

Financial Inclusion