Leading digital marketplace BankBazaar has appointed Ramesh Srinivasan as its new Cheif Financial Officer (CFO).
Srinivasan has 22 years of experience in the Banking & Financial Services Industry (BFSI) industry and prior to this, he was associated with Hitachi Payment Services as its Financial Advisor. He was Chief Financial Officer and was also in charge of business planning and strategy for BNA & CRM at Hitachi Payment Services.
He is a Chartered Accountant and Cost Accountant by education and has also worked with organisations such as AT&T‚ NCR, and Optimus.
For his new role with BankBazaar, Srinivasan would be based in Chennai. He would be responsible for leading the company towards an IPO release.
“This is a very exciting time for BankBazaar. Our technology and paperless platform have made BankBazaar the flag-bearer in helping customers access the right financial products online in the safest and simplest manner. Now we are looking to consolidate our successes and plan ahead with an eye on releasing our IPO in 2020-22. We are confident that Ramesh’s expertise in developing financial processes will take us further on our path,” said Adhil Shetty, CEO, BankBazaar.
The brand explains that at the time when most of the institutions are going for layoffs, BankBazaar continues on an expansion mode.
Earlier, BankBazaar had announced the recruitment of approx. 400 new employees. IT has already recruited 130 new employees, as of August 2017.
“We are working on building bigger and more diverse team that can take on the challenges thrown up by next stage of the business cycle. This new team will drive the next phase of growth and profitability for BankBazaar. The expectations are high and so is our enthusiasm,” explains Shetty.
