Piramal Capital and Housing Finance (PCHFL), a subsidiary of Piramal Enterprises (PEL), announced the appointment of Saurabh Mittal as Chief Technology Officer of the Retail Finance business.
As CTO of Retail Finance business, Mittal will lead technology strategy towards building a world-class Tech and Artificial Intelligence (AI)-led lending business, creating a cloud-native cutting-edge tech-stack, according to a statement. He will also be responsible for building a robust engineering team focussed on developing and managing technology for both customer and partner-facing business platforms of Piramal Retail Finance.
Most recently, Mittal led a team that engineered software systems for one of its fulfilment channels. Earlier, he was CTO at Medlife, where he played an instrumental role in defining, developing and evolving the company’s product portfolio. Before joining Medlife, Mittal headed the server development group at Nokia Life, a Value Added Services (VAS) division of Nokia; before which he held entrepreneurial roles at various start-ups where he built VAS for telecom operators.
Commenting on the appointment, Jairam Sridharan, Chief Executive Officer, Piramal Retail Finance, said, “We are delighted to welcome Saurabh Mittal to Piramal Retail Finance. Saurabh’s deep technology expertise will help Piramal build a new-age, innovative, multi-product retail lending platform.”
Saurabh Mittal, Chief Technology Officer, Piramal Retail Finance, said, “I am excited to join Piramal’s Retail Finance business and look forward to driving disruptive innovation in lending technology, enabling hyper-personalized experiences for customers and businesses, and transforming the way lending works for the unserved customers in Bharat.”
Saurabh holds an MTech and BTech degree in Electrical Engineering from IIT Bombay.
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