Bharat, one of India’s largest fintech organizations, these days announced the appointment of Nalin Negi as its chief economic Officer. In his new function, Nalin may be spearheading the finance feature for BharatPe and will be operating closer to making the company EBITDA fantastic through March 2023. Moreover, he might be leading economic readiness for the employer because it prepares for the IPO.
Nalin can be reporting to Suhail Sameer, CEO, BharatPe, and may be running carefully with the Board of Bharat. Consistent with his tremendous experience in the banking and cards industry, Nalin could be operating intently with the Senior control group at BharatPe and help catapult growth throughout commercial enterprise lines.
That is the second management assertion for BharatPe this 12 months. In April 2022, the company announced the appointment of Smriti Handa as the leader Human sources Officer. Nalin is one of the extraordinarily decent names in the banking and monetary offerings industry with over 25 years of experience throughout renowned manufacturers like GE Capital and SBI Card.
In his remaining stint, Nalin changed into the CFO of SBI Card (in advance referred to as GE Capital SBI Card) for over 10 years where he spearheaded some key strategic initiatives for the organization including leading SBI Card’s IPO in March 2020, thereby, making it the first natural-play credit card corporation to list on the inventory exchanges in India.
Previously, Nalin become associated with American explicit (India) personal limited, EXL service (India) personal restrained, Nestle India Limited, and ITC confined. Nalin holds a Bachelor’s degree in trade (Honours route) from Delhi university.He is an associate of the Institute of Chartered Accountants of India.
Talking about the appointment of Nalin, Suhail Sameer, CEO, of Bharat said, “BharatPe has been on a dream run and has clocked exponential commercial enterprise growth during the last 12 months. As we cognizance of the next level of growth and on constructing a sustainable and worthwhile business across each of our commercial enterprise strains- service provider and purchaser, I am confident that Nalin’s revel in might is a large asset for a new-age fintech agency like ours.
His in-depth know-how of banking and financial services will assist our release and scale of fintech products which can be destiny-ready and aligned to our project of driving economic inclusion within the United States of America. Also, Nalin’s experience of listing SBI Card may be instrumental for us as we purpose to move public in FY25.
I am excited to welcome Nalin to the team and stay up for partnering with Nalin to build BharatPe as one of the maximum renowned fintech manufacturers in the world.”