India Infoline Finance Ltd, has appointed career banker Ms Rajashree Nambiar as its Chief Executive Officer (CEO). India Infoline Finance Ltd is a systemically important non deposit taking NBFC and is the consumer financing arm of India Infoline Group.
R Venkataraman, Managing Director, IIFL Group, commented, “We are pleased to announce the appointment of Ms Nambiar as the CEO of our NBFC. We will benefit from her vast experience in banking and this will give a major boost to our retail finance business.”
Prior to joining IIFL, Ms Nambiar wasGeneral Manager Retail Banking Products, India and South Asia atStandard Chartered Bank. At the bank, Ms. Nambiar has held key positions in India and South Asia and across functions such as sales, product, customer service, distribution, marketing and operations. She is a MBA from Jamnalal Bajaj Institute of Management Studies and a graduate in physics.
She is a marathoner who has participated in races in India and abroad. An avid reader of travel and history, she also loves travelling, cooking and gardening.
India Infoline Finance Limited, the NBFC arm of IIFL Holdings has a book size exceeding INR 12,000 crore with robust asset quality and one of the best NPAs in the industry at 0.33%.