B V Krishnan steps down as KKR India Financial Services CEO

B V Krishnan has stepped down as the Chief Executive Officer (CEO) of KKR India Financial Services Pvt. Ltd.

Sanjay Nayar, the CEO of KKR India will now be taking care of Krishnan’s position and responsibilities.

KKR is one of the first global PE firms to launch its lending operations in India. KKR India Financial Services, a non-deposit taking Non-Banking Financial Company (NBFC), which began its operations in October 2009, deals with structured funding, promoter financing, acquisition funding, and mezzanine financing. The NBFC has a loan book worth Rs 6,000 crore and 50 active loans.

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