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HomeIndustriesBFSIDigital transformation: Gaurav Sharma joins IIFL Finance as CTO

Digital transformation: Gaurav Sharma joins IIFL Finance as CTO

With over 27 years of experience, Sharma is a technology and digital transformation specialist

To accelerate its digital transformation journey and strengthen its leadership position as a technology-led financial services conglomerate, IIFL Finance, a leading non-banking financial company (NBFC), has appointed Gaurav Sharma as Chief Technology Officer.

With over 27 years of experience, Sharma is a technology and digital transformation specialist. Previously, he was in the CTO role at Poonawalla Fincorp and L&T Financial Services. Also, he was associated with TCS and Max Life Insurance Company.

Across retail lending businesses, Sharma, in his previous stints, has successfully implemented cloud computing, Data Lake for advanced analytics, ERP systems, technology-backed loan origination systems, collection systems, loan administration systems, business operations and customer servicing platforms, as per a statement.

R Venkataraman, Co-Promoter, IIFL Group, said, “IIFL Finance is going through an accelerated digital transformation process as we aim to make credit delivery affordable to millions of unbanked and underbanked borrowers. Gaurav’s addition will help us in achieving our goal of becoming the most advanced technology-led retail financier in India.”

Gaurav Sharma, Chief Technology Officer, IIFL Group, said, “It is my pleasure to join one of India’s top technology-led NBFCs. I would strive to accelerate the digital transformation at IIFL Finance with utmost focus on providing customers state of the art digital experience.”

Sharma is a Mechanical Engineering graduate from Indian Institute of Technology, Roorkee.

IIFL Finance has over eight million customers and over INR 51,000 crore loan book of which 95 per cent is retail in nature, primarily catering to unbanked and underbanked small borrowers. IIFL Finance is present across India through over 3,300 branches and employs over 30,000 people, the statement noted.

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Khushbu Soni
Khushbu Soni
Chief Editor - CIO News | Founder & CEO - Mercadeo
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