Poonawalla Fincorp Limited announced approval of the Board of Directors on 30 September 2022 has appointed Mr. Rajendra Tathare as the Chief Risk Officer of the Company with effect from 01 October 2022 in place of Mr. Sharad Pareek who has demitted his office with effect from the close of business hours of 30 September 2022. Mr. Rajendra Tathare is qualified as MBA from Pune and PGDGM from Emeritus InstituteSingapore. Mr. Rajendra Tathare has a total experience of more than two decades in BFSI domain and has worked with various leading NBFCs and private sector bank.

His last stint was with Fullerton India Credit Company Limited as "Head of Credit Underwriting" for all Secured and Unsecured Loan products. Prior to underwriting, Mr. Rajendra Tathare was also heading policy function for unsecured loans, viz., personal loans, business loans and Digital Loans. He was part of various steering committees and has worked as an interface with Technology Team for various projects related to Credit Processes and implementation of various APIs.

He has been instrumental in executing various significant projects such as cost saving initiatives, outsourcing of credit processes to name a few. He was with Fullerton for more than 14 years, and prior to this he was with HDFC Bank where he handled credit underwriting for business loans, personal loans, car loans, twowheeler loans, etc. Mr. Rajendra Tathare is associated with the Company since 01 July 2021 as Chief Credit Officer.