Yeshi QelzaniLeadership review 2026

Yeshi Qelzani · Chief Human Resources Officer · India

The responsibilities behind a thirty-year people career

Feb 2021 — Present

Chief Human Resources Officer

Veqnuri Enterprise Credit

Sector
Regional lending to small manufacturing and trading enterprises; no public deposits
Ownership
Founding-family interests 46%, long-term institutional investor 54%; no personal or vehicle allocation
Company scale
₹228 crore income for FY ending March 2026; ₹1,460 crore outstanding loan portfolio at March 2026
Employees
780 company employees
Geography
Mangaluru headquarters and 42 service points
Reporting to
CEO Prakash Qavzuri
Team
34 people-function colleagues through four heads
Financial scope
₹5.4 crore approved FY 2026–27 function expense and separate ₹52 lakh capital provision; company FY 2026 employee expense ₹81 crore

Mandate

Make employment arrangements, career routes and people evidence support the responsibility the lender expects its colleagues to carry

Outcomes

  • Reimbursed eleven evidenced recruitment charges while preserving the wider supplier investigation
  • Introduced a funded travel-advance arrangement and acknowledged the limits of later delay comparisons
  • Supported distinct relationship and credit roles, restrained listening reports and a specialist career route

Decisions in context

The CHRO appointment widened my responsibility from running people processes to explaining their consequences to the CEO and directors. I lead 34 colleagues through four heads, with function expense kept separate from enterprise employee costs and lending scale. The cases include choices that required the company to spend more or accept less convenient detail. I also corrected the travel cycle I had previously approved and the assumption that progression should always require a reporting team. Prakash Qavzuri is CEO and Lalita Zevnathi is COO; qualified credit and other professional owners retain their decisions. My board exposure consists of executive presentations, not a statutory seat. The contribution I want a search partner to see is a willingness to examine where an apparently efficient arrangement places its burden, fund a workable alternative and report the remaining uncertainty without turning every intervention into a claim of proven business improvement.

Reason for the move

Current appointment; preparing for one first outside board contribution alongside executive responsibilities

Jun 2015 — Jan 2021

HR Director — functional executive role

Veqnuri Enterprise Credit

Sector
Regional non-deposit-taking business lending
Ownership
Founding-family and institutional ownership
Company scale
₹142 crore FY ending March 2016 income; ₹940 crore outstanding loan portfolio at March 2016
Employees
520 company employees
Geography
Mangaluru and 32 service points
Reporting to
Chief Operating Officer
Team
22 people-function colleagues through three heads
Financial scope
₹3.1 crore annual function expense

Mandate

Coordinate people operations, role design and employment practices across a growing service network

Outcomes

  • Expanded people responsibility across three functional heads
  • Learned to distinguish an orderly administrative cycle from the burden it placed on employees
  • Prepared the broader employment and organisational remit assumed as CHRO

Decisions in context

The director title described a functional appointment and did not confer statutory board membership. Twenty-two colleagues worked through three heads within a defined expense remit, reporting through me to the COO. The broader scope required choices about consistency across locations and about which exceptions should remain visible to management. I approved a monthly travel-reimbursement cycle because it appeared easier to operate. Later experience showed that I had not sufficiently examined the employee's working-cash burden. I retain that decision in the career account because it explains a change in my judgement rather than presenting the later correction as an uncomplicated success. This period also exposed the limits of comparing jobs primarily through reporting teams. The eventual CHRO role gave me responsibility for bringing those employment questions into enterprise decisions, while learning to distinguish what the people function could change from matters belonging to credit, finance or other qualified owners.

Reason for the move

Promoted to CHRO in February 2021

Sept 2009 — May 2015

Head of People Operations

Veqnuri Enterprise Credit

Sector
Regional lending to manufacturing and trading businesses
Ownership
Founding-family and institutional ownership
Company scale
₹81 crore FY ending March 2010 income; ₹560 crore outstanding loan portfolio at March 2010
Employees
310 company employees
Geography
Mangaluru and 21 service points
Reporting to
Chief Executive Officer
Team
Fourteen colleagues through two leads
Financial scope
₹1.6 crore annual function expense

Mandate

Establish dependable people operations while learning the professional responsibilities of a business lender

Outcomes

  • Connected employment records and processes with operating managers across service points
  • Worked with credit and compliance owners on role boundaries without claiming their authority
  • Developed the enterprise context needed for the subsequent HR director appointment

Decisions in context

Joining Veqnuri brought me into a business where the same customer relationship could involve several distinct professional responsibilities. I needed to learn that context before assuming that a standard people process would fit it. Fourteen colleagues worked through two leads, with the company loan portfolio and income kept separate from our function budget. I reported to the CEO and spent time with operating, credit and compliance colleagues to understand how employment roles supported their decisions. My work concerned the records, explanations and arrangements that made those roles usable. It did not include authorising a loan or certifying a regulatory position. Moving from a workforce-services company to an employer with a continuing service network also changed the time horizon: I could see how a process introduced in one year affected the same people later. That continuity made me more attentive to the consequences of decisions that initially looked routine.

Reason for the move

Promoted to HR director in June 2015

Mar 2003 — Aug 2009

Employee-relations Manager

Temqari Workforce Services

Sector
Workforce administration and employee-support services
Ownership
Privately held by working founders
Company scale
₹29 crore revenue for FY ending March 2004
Employees
210 company employees
Geography
Guwahati office with regional employer assignments
Reporting to
Head of People
Team
Twelve colleagues through two supervisors
Financial scope
₹74 lakh annual function budget

Mandate

Oversee employee-service cases and explain employment-process consequences to the responsible managers

Outcomes

  • Took responsibility for service work performed through two supervisors
  • Examined the practical timing of payments and unresolved requests
  • Prepared for an internal people-operations role with continuing enterprise responsibility

Decisions in context

Management responsibility required me to examine patterns across cases rather than concentrate only on completing the next request. Twelve colleagues worked through two supervisors, and I held a defined function budget under the head of people. I learned that a consistent process could still impose very different burdens depending on the amount involved and the person's ability to wait. A delayed payment was not merely an ageing entry; it could affect the next week of work or household expenditure. I also learned to preserve evidence and professional boundaries when an explanation was contested. My team could establish the record and escalate a decision, but it could not settle every contractual or legal question by choosing a sympathetic answer. The move to Veqnuri followed a wish to own people operations inside one continuing enterprise, where I could observe the later consequences of an arrangement rather than only its service completion.

Reason for the move

Joined Veqnuri in September 2009 and moved to Mangaluru

Jul 1996 — Feb 2003

Employee-services Coordinator

Temqari Workforce Services

Sector
Workforce administration and employee-support services
Ownership
Privately held by working founders
Company scale
₹6.4 crore revenue for FY ending March 1997
Employees
68 company employees
Geography
Guwahati office and assigned employer service work
Reporting to
Employee-services Manager
Team
Member of a five-person group; no direct reports
Financial scope
No delegated spending authority

Mandate

Prepare employee-service records, explain approved processes and follow unresolved requests under supervision

Outcomes

  • Learned to distinguish a completed record from a resolved employee need
  • Built care in documenting payment and process questions
  • Developed the practical grounding for later employee-relations management

Decisions in context

I entered the role after completing the sociology degree in June 1996. As a coordinator in a five-person group, I had no reporting staff or authority to change employment terms. The work involved records, explanations and follow-up under the employee-services manager. I began to notice that the company's definition of completion could differ from the experience of the person who had asked for help. A document might have moved to another desk while the employee still lacked an answer. That did not mean every delay was avoidable or every request could be granted. It taught me to keep the unresolved question visible and to explain what would happen next without promising a decision outside my remit. The habits developed here remained useful when I later held budget and team responsibility: a process should be understandable to the person using it, not only to the people administering it.

Reason for the move

Promoted to employee-relations manager in March 2003

What I am looking for next

I am preparing for a first outside board role where employment arrangements are consequential to the enterprise's ability to perform its work responsibly. I would bring experience of examining who carries a cost, whether a role matches its authority and how management learns from employee evidence. The contribution would be oversight and collective judgement, not a second HR command structure. I have no statutory appointment and have not completed the proficiency assessment following fictional IICA databank registration in July 2026. Twenty-four days is a provisional allowance that must cover induction, papers, meetings, travel and exceptional demands alongside my current role. Employer consent and a review of lender, investor, supplier and borrower relationships would precede any confidential discussion. I would seek a chair willing to support the transition from executive recommendations to shared director responsibility, with complementary finance, risk and legal knowledge around the table. A suitable opportunity should have a specific need for my perspective and a credible preparation plan; the size of the workforce I currently serve does not establish readiness for every board.