Balram Padhi
About Balram Padhi
Balram Padhi serves as the VP Finance at IDfy, where he has worked since 2020. He holds a Bachelor's degree in Accounting and Finance from GN Khalsa College and a Master's in Commerce from the University of Mumbai.
Work at IDfy
Balram Padhi has been serving as the Vice President of Finance at IDfy since 2020. In this role, he has played a significant part in managing the KYC backbone for several leading financial institutions in Asia. His responsibilities include designing and implementing robust internal financial processes that enhance operational efficiency. Prior to his current position, he worked as the Finance Controller at IDfy from 2015 to 2020, contributing to the company's recognition as one of Asia’s Top 5 Regulatory Technology companies.
Education and Expertise
Balram Padhi holds a Bachelor's degree in Accounting and Finance from GN Khalsa College, which he completed from 2001 to 2005. He furthered his education with a Master's in Commerce from the University of Mumbai, studying from 2009 to 2011. Additionally, he has completed his Chartered Accountancy (CA) from The Institute of Chartered Accountants of India between 2003 and 2008, and earned a Company Secretary (CS) qualification from The Institute of Company Secretaries of India from 2006 to 2008. His educational background equips him with extensive knowledge in finance and corporate laws.
Background
Before joining IDfy, Balram Padhi worked at The MobileStore Limited as Senior Manager in Corporate Finance & Treasury from 2010 to 2015. He started his career at Idea Cellular Ltd as an Assistant Manager from 2008 to 2010. His experiences in these roles have contributed to his expertise in finance management and corporate treasury operations.
Achievements
During his tenure at The MobileStore Ltd, Balram Padhi was recognized for his efforts in reducing finance costs and improving fund management efficiency. His work at IDfy has also been instrumental in establishing strong internal financial processes and managing relationships with rating agencies, which are essential for maintaining the company's creditworthiness.