Ujjivan - Providing Financial Services to the Poor

Ujjivan Ranked #1 in Microfinance Industry as Best Place to Work in 2009
June 9, 2009

The Great Place to Work Institute, India and Economic Times conducts a study every year to select the best companies to work for in India. This is the first year that Ujjivan participated in this study.

There are three factors used to evaluate a company:

Relationship between the employer and employee
Employee pride in his/her work
Teamwork among employees

Approximately one third of Ujjivan’s employees were randomly selected and surveyed with a 59 question form. Based on the surveys, employment satisfaction and company culture were evaluated and rankings given for different categories.

Samit Ghosh and Col. Murthy Rajan accepting the award on behalf of Ujjivan

Upon completion of the surveys for all participating companies, Ujjivan ranked first in the microfinance industry!

An award ceremony was held on June 9, 2009 in Pune that was attended by members of the Ujjivan leadership team: MD/CEO Samit Ghosh, Head of HR Col. Murthy Rajan, COO-West Jolly Zachariah, and COO-East Gautam Gan.   The Director of the Economic Times and the Vice President of the Times of India were in attendance to present the awards.

Ujjivan’s leadership, friends and partners all showed tremendous support:

“Amongst all the remarkable achievements that Ujjivan has had, this ranks on the top. I am proud to be associated with what is clearly emerging as the best MFI in India. On to the goal to being the best in the world.”
                                                                    -Ravindra Bahl, Managing Director, Chrys Capital (Ujjivan Board of Directors)

“You are an excellent example of "new leadership" in the microfinance space. I would hope that all Unitus partners can strive to become the "Best Company to Work For" in their respective countries!”
                                                                                                                                                        -Mike Murray, Founder of Unitus

“You have every reason to be extremely proud -- this is an honor to which I have aspired for WWB so I know how much it must mean to you. This recognition is a wonderful testimony to your leadership and the managers you have supporting the mission of Ujjivan.”
                                                                                                                    -Mary Ellen Iskenderian, Women’s World Banking

“This is simply terrific. Congratulations to you and the team. I too am proud being a part of Team Ujjivan.”
                                                                   -Bhaskar Menon, Private Equity Professional (Ujjivan Advisory Board member)

“Congratulations to the entire Team! I wish you success with your next goal. Ujjivan is on its way to becoming a Legend!”
                                                                                                                                                                                -Vivienne Dsouza

“I think one of the easiest things to take for granted is working in a place where so many love what they are doing. Winning the award reminds me how fortunate we all are.”
                                                                                                                                      -Brian Frazier, Ujjivan Head of Operations

“I feel pride as a member of ‘Team Ujjivan.’ Here’s to sustaining and building on this fabulous achievement.”
                                                                                                                                              -Jolly Zachariah, Ujjivan COO – West