Financial services platform BharatPe has announced that Amit Jain has been appointed as Chief Risk Officer. In this role, he will work along with Group President Suhail Sameer and Co-Founder and CEO of BharatPe – Ashneer Grover.
“Jain has over 17 years of experience in portfolio and credit risk management across consumer and SME lending in banking and financial institutions. Before joining BharatPe, he was Chief Risk Officer for Consumer Lending at Bajaj Finance,” a statement made by the company informed.
Ashneer Grover stated, “Talent at BharatPe is an amalgamation of Grade A operators with industry experience and passion to do things differently. Amit Jain joining us from Bajaj is a great validation for our lending business model and sets us up for building a high-quality book at scale. I look forward to working closely with Amit to build a differentiated lending team and business with a wider set of products for our merchants.”
“BharatPe’s success story in the fintech industry is a case study in itself. In just 2.5 years, the company has built an entrenched network of over 6 million merchants across 100 cities. It has been able to enable credit for lacs of small merchants even in the times of the pandemic and has emerged as the flagbearer of B2B fintech lending in India,” said Amit Jain.
He added, “These are exciting times in the digital lending industry and I look forward to work with this incredible team at BharatPe and serve the credit needs of millions of unbanked and underserved merchants in the country. I believe, with my experience of leading risk and credit for several products in great institutions like Bajaj Finance, I would be able to make a meaningful impact at BharatPe, and therefore, in the lives of our merchants.”
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