Non-Banking Financial Company (NBFC) Aye Finance, has named Samir Mehta as its new Deputy CEO.
Prior to this appointment, Mehta was associated with Hero Fincorp as its Chief Business Officer. He holds more than 22 years of experience. Mehta is an alumnus of NIT- Kurukshetra and IIM Lucknow.
At Aye Finance, he will focus on levelling-up Aye’s business and deploy measures to boost the lenders performance and capability.
Commenting on the Mehra’s appointment Sanjay Sharma, Managing Director of Aye Finance, “I am pleased that Samir is joining Aye Finance at an exciting as well as challenging time. He adds further strength to our team, as we successfully negotiate the times of this economic disruption. Samir’s expertise in P&L management of large businesses and in scaling up lending to SME segment will be very valuable as we emerge from this period.”
Samir Mehta further said, “Aye provides much-needed financial services to India’s micro scale informal businesses and the entrepreneurs who run them – a critical, but often overlooked and underserved, population. I am excited with the opportunity to work with an organisation that is fulfilling the altruistic promise of financial inclusion while delivering an attractive return on investment for all its stakeholders”