Ritesh Chatterjee
About Ritesh Chatterjee
Ritesh Chatterjee serves as the Chief Distribution Officer and Founder of Bharat Money Stores, with a diverse background in the BFSI and manufacturing sectors. He has held significant roles at various organizations, including Bharat Financial Inclusion Limited and HDFC Bank, and has a strong focus on operational excellence and digitization.
Current Role at IndusInd Bank
Ritesh Chatterjee serves as the Chief Distribution Officer at IndusInd Bank, a position he has held since 2020. In this role, he is responsible for overseeing distribution strategies and initiatives that enhance the bank's operational efficiency. Additionally, he is the founder of Bharat Money Stores, which operates under IndusInd Bank. His leadership in this capacity focuses on driving growth and profitability within the organization.
Previous Experience in Financial Services
Ritesh Chatterjee has held several significant roles in the financial services sector. He worked at Bharat Financial Inclusion Limited (BFIL) in various capacities, including Executive Vice President of Organizational Excellence & Service Quality and Chief Operational Excellence from 2012 to 2020. During his tenure, he successfully led digitization efforts, transforming operational models to be paperless and cashless. He also established a recognized Grievance Redressal program, acknowledged as the best in the Microfinance Industry.
Manufacturing Leadership Background
Ritesh Chatterjee began his career in the manufacturing sector, working at Owens Corning in multiple roles from 1997 to 2001. His positions included Manager Manufacturing and Process Leader & Six Sigma MBB. He contributed to operational improvements and quality management initiatives. He later served as Senior Vice President of Quality at FGB in Abu Dhabi from 2007 to 2012, further enhancing his expertise in manufacturing leadership.
Educational Qualifications
Ritesh Chatterjee holds a Bachelor of Engineering in Mechanical from Maharashtra Institute of Technology, completed from 1989 to 1993. He also earned an MBA in Finance from BA Marathwada University, Aurangabad, from 1994 to 1996. Additionally, he studied at IIM Ahmedabad, where he achieved a General Management Program (GMP) from 2010 to 2011. He is also a certified Six Sigma Black Belt, having completed his training at Six Sigma Qualtec, U.S.A.
Achievements in Operational Excellence
Throughout his career, Ritesh Chatterjee has been recognized for his contributions to operational excellence and business transformation. He played a pivotal role in establishing Bharat Money Stores as a profitable business vertical within BFIL. His efforts in driving significant operational improvements and implementing quality management systems have been acknowledged across various organizations, showcasing his capability as a change agent.