On May 2, 2025, Fedbank Financial Services Limited (Fedfina) appointed Mr. Vikram Rathi as its new Chief Risk Officer (CRO), effective from May 02, 2025, marking the start of his three-year term, which will last until May 01, 2028. This appointment is a significant step for the company as it strengthens its risk management leadership.

Appointment of Mr. Vikram Rathi:

Fedfina’s decision to appoint Mr. Rathi comes as a key move to bolster the company’s risk management framework. His extensive experience of over 22 years in deal underwriting, portfolio risk management, and the development of robust risk monitoring systems makes him an ideal fit for the role. Mr. Rathi has previously worked with several reputed organizations, including GE Consumer Finance, Barclays Bank, and Tata International Limited. His recent role as Chief Risk Officer at Clix Capital further enhances his credibility and suitability for this position. His expertise in building predictive monitoring processes and introducing new risk management systems will play a pivotal role in Fedfina’s continued growth and stability.

Cessation of Interim CRO:

As part of this appointment, Mr. Awadhesh Jaiswal, who has been serving as the Interim Chief Risk Officer at Fedfina, will step down from the position, effective close of business on May 2, 2025. Despite this change, Mr. Jaiswal will continue to serve the company as Head – Risk & Policy. His leadership has been instrumental in the interim period, and he will continue to contribute to Fedfina's overall risk strategy in his new role.

Mr. Rathi’s Professional Background:

Mr. Vikram Rathi’s qualifications include a postgraduate degree in finance and marketing from Kirloskar Institute of Management. Over the years, he has developed expertise in creating dynamic, predictive systems for risk monitoring, making him highly suited for overseeing Fedfina's risk management processes. His track record includes contributions to the development of new products, such as auto loans, home equity loans, and mortgages, further showcasing his well-rounded expertise in financial services.

Mr. Rathi’s appointment reflects Fedfina's commitment to enhancing its risk management capabilities, ensuring the company is better equipped to address the evolving financial landscape. His leadership is expected to drive significant improvements in the company's risk oversight, helping mitigate challenges and seize new opportunities in the market.

Conclusion:

This development marks a significant milestone for Fedbank Financial Services Limited (Fedfina) as it continues to enhance its leadership in the financial services industry. The appointment of Mr. Rathi as CRO is a positive step in fortifying the company’s risk management framework. Investors and stakeholders will be keenly observing the outcomes of his leadership in the coming years, as Fedfina seeks to further its growth trajectory while managing risks effectively.

The Upcoming IPOs in this week and coming weeks are Srigee DLM, Manoj Jewellers.

The Current active IPO are Wagons Learning, Kenrik Industries, Arunaya Organics.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.