In a significant leadership change at the Microfinance Institutions Network, Vineet Chattree has been appointed Chairperson and Dibyajyoti Pattanaik will serve as Vice‑Chairperson. Their appointments mark a strategic shift for the industry body as it strives to address emerging challenges and seize growth opportunities in India’s rapidly expanding microfinance sector.

Vineet Chattree brings extensive experience in financial inclusion and rural banking to his new role. Over the past two decades, he has held numerous senior leadership positions within organizations focused on underserved markets, including roles at prominent fintech platforms and banking institutions. His expertise in credit delivery, digital transformation, and regulatory compliance is expected to strengthen MFIN’s advocacy and reinforce its efforts to drive responsible microfinance practices.

Dibyajyoti Pattanaik, the incoming Vice‑Chairperson, is also a seasoned industry leader. With a background spanning public and private microfinance initiatives, he has driven outreach programs targeting low‑income communities and small entrepreneurs. His work has included collaborations with government schemes, rural self-help groups, and digital financial platforms—efforts that have substantially improved access to formal credit and savings instruments for financially excluded populations.

MFIN serves as the leading industry body representing non-banking financial companies (NBFC-MFIs), fintech-led lenders, and microfinance institutions across India. It plays a critical role in shaping policy, ensuring industry self-regulation, and facilitating dialogue with regulatory authorities such as the Reserve Bank of India and state governments. The organization also promotes best practices in client protection, transparency, and digital innovation.

Chattree and Pattanaik are expected to lead MFIN’s engagement on key issues facing the sector, including improving financial literacy, expanding digital credit infrastructure, and ensuring sustainable lending practices. They will also concentrate on fintech integration, building rural financing ecosystems, and enhancing risk management frameworks amid evolving economic conditions.

Their leadership arrives as the Indian microfinance industry gears up for new growth phases. With increased demand for small-ticket loans, expanding rural digital access, and growing focus on social impact, the sector is poised for significant momentum. At the same time, industry stakeholders are navigating regulatory changes, rising competition, and credit-quality challenges—increasing the importance of collaborative policymaking and strong internal governance.

Under Chattree and Pattanaik’s stewardship, MFIN is set to reinforce its position as a key enabler of equitable financial services. Their combined experience in outreach, credit innovation, and stakeholder engagement positions the organization to support India’s ongoing push for inclusive growth and resilient financial ecosystems.