U GRO Capital, lending fintech platform, today announced the appointment of Amit Gupta as its new Chief Treasury Officer. As a part of his new role, Gupta will be building a long term partnerships with Public & Private Sector Banks, Capital Market linked borrowings, Development Financial Institutions and Banks for Co – Lending.
Prior to this role, Amit was appointed as the Head of Investment and Acquisition at Shapoorji Real Estate Fund where he deployed more than USD 300 Million of capital from the fund. He holds more than 17 years of experience, and has worked with large multinational & domestic banks, global real estate consultancy and marquee real estate fund. He has the experience of working across diverse segments in the wholesale banking products gmaut including Rupee Loans, Foreign Currency Loans & related Hedging solutions, Working Capital Solutions, Transactional Banking Products, among others.
Shachindra Nath, Executive Chairman and Managing Director of U GRO Capital stated, “We are glad to welcome Amit in our team, as the Chief Treasury Officer. NBFCs business model is going through an exciting phase of transition wherein the liability side for next decade would be driven more by off balance sheet partnership. Given Amit’s experience, he would be an invaluable addition to the organization, considering the depth of his knowledge and expertise as a financial professional. The entire management team wishes him a successful journey at U GRO Capital.”
On the appointment, Amit Gupta said, “I am delighted to join U GRO Capital which is closely working on a mission of solving the unsolved credit needs of small businesses through its unique initiatives. I look forward to leverage my domain knowledge in further strengthening the existing and prospective industry associations as well as supporting the growth of treasury business of the organization.”