Avanse Financial Services, a technologically advanced, education-focused non-banking financial corporation (NBFC), has named Vikrant Gandhi as the new Chief Financial Officer (CFO).
Vikrant offers a plethora of knowledge to his new role handling the organisation’s financial plans. He has over 28 years of expertise in BFSI, automotive, and other consumer brand sectors. He has extensive experience managing the treasury vertical, financial planning and business analytics, financial accounting and reporting, and the overall governance structure, which includes legal, compliance, taxation, and secretarial functions.
Vikrant Gandhi will be located in the Mumbai headquarters and will oversee the organization’s financial performance. He will play a vital role in financial strategy to ensure the company’s continued growth. Vikrant will be in charge of enhancing the organisation in areas such as governance, compliance, risk, liability, and asset situations, as well as developing capabilities for Avanse’s future growth.
He was the CFO of ICICI Home Finance Company for about 6 years before joining Avanse Financial Services, and he had previously worked for ICICI Bank for nearly a decade. At ICICI HFC, he was in charge of strategizing the company’s liability structure by lowering funding costs and managing the asset-liability gap through borrowing diversification. Vikrant has over 16 years of BFSI expertise and understands how to create and expand enterprises efficiently. He is a qualified CA and ICWA.
Speaking on the appointment, Amit Gainda, Managing Director & CEO, Avanse Financial Services, said, “We are pleased to welcome Vikrant to our leadership team. He is a highly experienced professional with a proven track record of financial and operational success in this fast-evolving business landscape. His financial and business understanding, strategic insight and leadership qualities will be critical in enabling us to fulfil our purpose of democratising education and education financing in India. We look forward to working with Vikrant, who has been a veteran in establishing and scaling businesses.”
“It’s a privilege to have been appointed as the CFO of Avanse Financial Services and contribute towards charting the next phase of growth for the organisation”, said Vikrant Gandhi. “The company has exceptional strengths, a strong business model, robust parentage and a proud history. There is tremendous growth potential ahead, and I look forward to working with team Avanse to accomplish significant milestones, achieve the organisation’s priorities and thus enhance value for our stakeholders.”
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