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Meet Our Team

Meet The Management & The Team At Ovington Finance

We look forward to working with you for all of your lending needs.

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B.D. Narang

Chairman

Mr. B. D. Narang is one of India’s most prominent bankers with deep expertise in credit origination, debt reconstruction and private equity in the financial services space. He currently serves on the board of 9 of India’s companies which include leading publicly listed companies.... During his 40+ year career in the Indian banking industry, Mr Narang was General Manager of Union Bank of India, Executive Director of Punjab & Sind Bank before he held the coveted position of the Chairman and Managing Director of Oriental Bank of Commerce where he took the bank from a $400m Market Cap Co to a Billion Dollar bank in less than 3 years. Amongst many prestigious awards, Mr Narang was recipient of Business Standard “Banker of the year” Award for his highly successful acquisition of Global Trust Bank and merging with Oriental Bank of Commerce creating a national banking powerhouse.

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Sid Narang

Non Executive Director

Sid Narang is the Founder & Chief Executive Officer of TheSqua.re Group, a tech enabled global mobility company that provides 4 Star Serviced Apartments in key business destinations across the world. He is an innovator with expertise at bringing operations, technology and data together to provide award winning products and transformation within the industries in which he operates. Sid's visionary use of technology and rapid prototyping of software products have led TheSqua.re to become a GBP 10m+ run rate company without any assistance of external funding, serving over 100 corporate accounts and a unique suite of SaaS products for the accommodation industry. ... Since 2008, Sid is also the Founder and Principal shareholder of Narang Capital, a global family office with investments in Real Estate, Financial Institutions, and Listed equities. Prior to embarking on his entrepreneurial journey, Sid achieved rapid success on Wall Street, becoming a Vice President of Citigroup in London at the age of 27. He began in Fixed Income division at Morgan Stanley in NYC, and moved to a proprietary investments role at Citigroup where he traded multi-billion dollar portfolios of credit instruments and led the funding and acquisition of multiple small banks across Europe. Sid holds a Bachelor degree from the College of Wooster (Ohio, USA) with dual majors in Computer Science and Philosophy and a Masters degree in Finance from the London Business School. Since 2020 he has been an active member of YPO (Young Presidents Organisation) London Chapter.

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P.S. Chauhan

General Manager – Credit Origination

Mr. P.S. Chauhan, MSc(Agri), CAIIB, has vast experience of over three decades in a leading Public Sector Bank. He has 16 years of vast experience as Branch Head and 5 years of Circle Head. Chauhan also worked as General Manager of Madhya Bihar Gramin Bank Patna where he served for about 2.5 years. He had been Convenor of State Level Banker Committee Punjab(SLBC). His last posting was as Zonal Head (GM) Punjab National Bank Ludhiana and superannuated in 2018.

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Ashok Raar

Deputy General Manager – Credit Underwriting

Ashok Raar , MSc(Chem), CAIIB, has vast experience of approximate 37 years in Punjab National Bank as Officer. He worked as Branch Head for more than 20 years He has working experience of Forex Manager, Recovery in charge and approx. 7 years’ experience as authorised person of AD (Cat-B) Forex Branch. He has a vast experience of investigating large NPA advances.



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