Fullerton India appoints Pavan Pal Kaushal as Chief Risk Officer

Fullerton India Credit Company Limited (Fullerton India), a leading non-banking financial company, recently appointed Pavan Pal Kaushal as the Executive Vice President and Chief Risk Officer. Kaushal will be responsible to oversee the overall Risk management for Fullerton India, besides supervising the Risk functions of Fullerton India Home Finance Ltd.

Rajashree Nambiar, Managing Director and Chief Executive Officer, Fullerton India, said, “We are pleased to welcome Pavan to the Fullerton India family. His vast experience at managing the risk function at scale will help us align Risk Management to our corporate goals and ensure highest levels of governance and credit discipline in our business. We are confident that with his proven expertise, we will remain committed to the best practices in the Risk framework.”

On his new role, Pavan Pal Kaushal said, “I am excited to be a part of the Fullerton family and look forward to working with the team in adding value to the business. Going ahead, will focus efforts in structuring and generating a high caliber framework of Risk management to the organisation’s operations."

A Chartered Accountant with an MBA (Finance), Pavan has over 34 years of varied experience in Risk management. He joined Fullerton India from IDFC Bank, where he was part of the Leadership team and was responsible for Risk functions for the group. Prior to joining Fullerton India, Pavan was variously a Partner with Ernst & Young, Chief Risk Officer at ANZ Bank India and held several senior leadership roles both domestic and international at Citibank.

Established in 2007, Fullerton India Credit Company Limited (FICCL) is an NBFC that offers retail finance products to rural households, and to small and medium enterprises in India. It also offers instant personal loans, business loans, SME loans and housing loans with low-interest rates and easy EMI options.