Clix Capital appoints Rakesh Kaul as CEO

Clix Capital, Rakesh Kaul

Clix Capital has appointed Rakesh Kaul as its new Chief Executive Officer (CEO). As a part of this role, Kaul will help deploying emerging technologies and ensure innovative measure aimed at driving lending models responsive to end-customer needs. His appointment will be effective from 16 August 2021.

In this new role, he will be responsible for all business verticals of Clix Capital , reporting directly to the Board.

Kaul holds over two decades of experience in the Financial Services sector, across segments namely in Retail Banking, Wealth Management, Insurance, Mortgages, etc., and has held a wide variety of leadership positions in India, Malaysia and other countries in the Asia Pacific region. Prior to this, he was associated with with RHB Malaysia, where he led the Consumer Banking business for the group covering Malaysia and ASEAN markets.

Earlier, he worked with Citigroup, where he led several roles across divisions namely Consumer Banking, Corporate Banking and Capital Markets divisions.

Also Read: Federal Bank renames Shyam Srinivasan as Managing Director and Chief Executive Officer

“Be it Product Development, Sales & Distribution, Corporate Strategy, Business Management and Risk Management, Rakesh’s cross-functional exposure has been deep and diverse. He has tremendous experience in leading teams, managing businesses through change cycles, building scale and driving transformation,” said Pramod Bhasin, Chairman, Clix Capital.

Anil Chawla, Founder, Clix Capital also added, “I’m thrilled to have Rakesh in this role and look forward to collaborating and advancing our founding vision of bridging the credit gap among underserved and unserved cohorts, including MSMEs and new-to-credit consumers.”

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