NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Thursday, April 20, 2017

Grameen Foundation India, an innovator in the use of digital technology to advance financial inclusion, has named Prabhat Labh as its new CEO. He succeeds Chandni Ohri who helped to launch the company and has served as CEO since 2011. An international development expert with more than two decades of experience in leading programs and initiatives across Asia, Africa and North America. Prabhat brings with him an indepth knowledge of financial inclusion.

“This is a time of extraordinary transformation and opportunity in India. Prabhat’s expertise makes him the ideal person to expand Grameen Foundation India’s work to bring viable financial services to the country’s poorest regions,” said Steve Hollingworth, president and CEO of Grameen Foundation. “Our achievements in India would not have been possible without the leadership of Chandni Ohri and we are pleased that she will continue to play key role in Grameen Foundation’s global work.”

Grameen Foundation India is a wholly-owned subsidiary of Grameen Foundation, a global nonprofit dedicated to ending poverty and hunger.

“I feel honoured to be appointed as the CEO of Grameen Foundation India,” said Prabhat Labh. “The team’s work using technology to expand financial and health innovations is especially exciting and I look forward to accelerating our growth and impact for the betterment of poor and underserved communities in India.”