1. Vikram Akula was born on 7 November 1968 and is an American banker and the founder of SKS Microfinance, a micro finance company and former chairperson of Bharat Financial Inclusion Ltd.
13 Facts About Vikram Akula
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Vikram Akula stepped down as SKS Chairperson in November 2011 and became Chairperson Emeritus.
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Vikram Akula currently serves as Chairperson of VAYA Finserv Private Limited.
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Akula's father, Akula V Krishna, was a surgeon who settled in Schenectady, New York, where Akula went to school.
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Vikram Akula graduated from Niskayuna High School in 1986 and enrolled at Tufts University, where he graduated as a double major in philosophy and English with honors in 1990.
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Vikram Akula then returned to USA and worked for the Worldwatch Institute in Washington DC as a researcher, where he wrote articles about poverty and sustainable development.
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Vikram Akula saw the limitation of non-profit microfinance and proposed a more market-based approach.
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Muhammad Yunus 8.
In 1996, Vikram Akula completed his Fulbright and went to the University of Chicago to pursue his Ph.
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Vikram Akula resigned from the role of Executive Chairperson on 23 November 2011 and he relinquished his role as a promoter of SKS on 3 May 2014.
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When founding SKS, Vikram Akula drew inspiration from the work of Muhammad Yunus, the Nobel Prize winner and founder of the Grameen Bank in Bangladesh, one of the world's first microfinance organizations.
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Vikram Akula, who had been chief executive in the company's early days, stepped down in December 2008 but stayed on as chairman.
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Vikram Akula brought in new top executives from the worlds of finance and insurance.
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Vikram Akula has received several awards for his work with SKS.