Poonawalla Fincorp Limited — Updates, 10-12-2024: Press Release

Poonawalla Fincorp has appointed Salil Hajarnis as its Chief Technology Officer (CTO), effective immediately. His role will focus on leading the company's technology strategy, emphasizing digital transformation and AI-driven customer solutions. With over two decades of technology leadership experience, Salil previously served as Head of Technology at Fiserv, where he spearheaded initiatives involving AI and platform modernization. His robust background also includes senior positions at Capgemini, managing tech-driven transformations for global financial institutions.

Arvind Kapil, Managing Director and CEO, highlighted Salil’s capabilities in executing large-scale technology projects, which are expected to strengthen customer experiences and enhance competitiveness in the non-banking finance company (NBFC) sector. Salil expressed enthusiasm for driving technology solutions at Poonawalla Fincorp, aiming to set benchmarks in customer satisfaction and operational efficiency. This strategic hire underlines Poonawalla Fincorp’s commitment to leveraging technology for growth, aligning with its aim to redefine the financial services landscape. The company currently has an Asset Under Management (AUM) of ₹28,396 crore.