Slice, payments and credit start-up for youngsters, announced the appointment of Sudhesh Chandrasekar as its new Chief Financial Officer. As a part of his new appointment, Sudhesh will be in-charge of strategic partnerships with lenders (Banks & Financial Institutions), oversee the financial risk management function, manage investor relations and fund-raising.
Prior to this appointment, he was the CFO of Spandana Sphoorty, one of India’s oldest and largest microfinance institutions. Sudhesh is an IIM Bangalore alumnus, holds over ten years of diverse career in banking and financial services.
At Spandana, he was responsible for handling Accounts & Taxation, Fund-raising, Investor Relations (Private & Public), Treasury, Secretarial and Financial Reporting. He was also part of the team that took Spandana public in August 2019. Prior to Spandana, he had worked with Unitus Capital, ICICI Bank and Edelweiss Capital.
On joining slice, Sudhesh said, “Having seen traditional financial services from multiple facets, I believe that FinTech, in general, is well-placed to overcome the COVID-19 challenge faster due to its dynamism, asset and resource-light model, and scalability. slice has already turned the current situation into an opportunity, and I am excited to embark on this journey along with a highly motivated and achieving team.”
Rajan Bajaj, founder and CEO of slice said, “Last year, we reached the stage of predictable growth and profitability. Sudhesh will now be playing a crucial role in ensuring that the business achieves greater heights by balancing it with necessary financial and regulatory structures. His broad experience in both equity and debt fund-raising for multiple financial institutions will be an add-on. Being the CFO of a publicly-traded financial services company previously, Sudhesh’s proficiency is going to be important for our journey.”