LoanTap, a digital lending platform, has made strategic appointments and promotions to its team to drive growth and innovation. The company appointed a new CEO for its NBFC, i-Loan Credit Private Limited, and promoted a seasoned finance professional to Chief Business Officer.
Our Analysis and Commentary
Critical Commentary: LoanTap’s Strategic Promotions and Appointments Pave the Way for Continued Growth
LoanTap’s recent promotions and appointments not only reflect its commitment to excellence and customer satisfaction but also its strategic vision of green finance and accessible financial solutions. Rajeev Das’s appointment as CEO of i-Loan Credit Private Limited reinforces LoanTap’s dedication to promoting the adoption of electric two-wheelers and contributing to a greener and more sustainable future. With over two decades of experience managing Standard Chartered Bank’s substantial SME portfolio, Mr. Das’s visionary leadership qualities will enable i-Loan to establish electric two-wheelers as the new paradigm, aligning with LoanTap’s values of promoting green finance.
Ameet Venkeshwar’s promotion to Chief Business Officer is also noteworthy as it emphasizes LoanTap’s focus on optimization, productivity, and business performance goals. His extensive experience in aligning businesses for optimal results and his previous role as Zonal Sales Head for Maharashtra at IndusInd Bank showcases his capabilities. As CBO, Mr. Venkeshwar’s strategic leadership and oversight will undoubtedly drive efficiency and enhance productivity, positioning LoanTap for continued growth.
LoanTap’s co-founder and CEO, Satyam Kumar, acknowledges the significant roles both Mr. Das and Mr. Venkeshwar play in furthering LoanTap’s growth and innovation. His confidence in their leadership qualities and extensive industry experience is a testament to LoanTap’s commitment to excellence in all aspects of its business operations.
Overall, LoanTap’s strategic promotions and appointments demonstrate the company’s unwavering commitment to excellence, customer satisfaction, and green finance. As LoanTap expands and enhances its services, its expertise and commitment to accessible financial solutions will undoubtedly solidify its position as a leading digital lending platform.
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LoanTap Announces Key Promotions & Appointments to Drive Growth and Innovation
LoanTap, a leading digital lending platform, has announced a series of strategic appointments and promotions to bolster its team of highly experienced professionals. These strategic moves reflect LoanTap’s unwavering commitment to excellence, customer satisfaction, and continued growth in the rapidly evolving financial technology sector.
LoanTap is pleased to announce the appointment of Mr Rajeev Das, formerly the Chief Risk Officer (CRO) of LoanTap, as the Chief Executive Officer (CEO) of i-Loan Credit Private Limited. i-Loan Credit Private Limited is an RBI-registered NBFC that focuses on loans for electric two-wheelers and green energy. Mr Das brings with him an impressive career spanning over two decades at Standard Chartered Bank, where he successfully managed the bank’s substantial SME portfolio. His extensive experience includes overseeing various audits, such as RBI audits, BRR audit, TCF audit, peer audit, and group audit of sales operations in India and abroad. As CEO of i-Loan, Mr Das will leverage his visionary approach to drive the company’s strategic vision of green finance and actively promote the adoption of electric two-wheelers. Under his leadership, i-Loan aims to establish electric two-wheelers as the new paradigm, contributing to a greener and more sustainable future.
In addition, Mr Ameet Venkeshwar, a seasoned finance professional with over 16 years of experience, has been promoted from Business Head to the prestigious position of Chief Business Officer (CBO). With a successful track record in aligning businesses for optimal results, Mr Venkeshwar brings invaluable expertise to his new role. His previous role as the Zonal Sales Head for Maharashtra at IndusInd Bank and his experience with Citi Finance further enhance his capabilities. As CBO, Mr Venkeshwar will provide strategic leadership and oversee all aspects of LoanTap’s business operations, with a specific focus on Distribution and AfterPay. His appointment is expected to drive efficiency, enhance productivity, and propel the company towards achieving its targets and business performance goals.
LoanTap’s Co-Founder and CEO, Mr Satyam Kumar, expressed his thoughts, stating, “We are proud to announce the well-deserved leadership roles assigned to Mr Ameet Venkeshwar and Mr Rajeev Das as they fully understand the DNA of the organization. Their extensive industry experience and exceptional leadership qualities will further drive our growth and innovation. As LoanTap continues to expand and enhance its services, its expertise will be invaluable in our pursuit of providing accessible financial solutions to our customers.”
With these strategic appointments and promotions, LoanTap is well-positioned to maintain its successful trajectory. The company has experienced exceptional growth, expanding its distribution and AfterPay network across diverse sectors. Looking ahead, LoanTap remains steadfast in its commitment to making credit more accessible to over 4 lakh merchants through its AfterPay network this year.
