Yubi Group has made significant C-suite appointments and promotions across its Group Companies today.
Building on the strong foundation laid in the previous three years, the company is targeting revenue growth by expanding its market presence, increasing client engagement, and enhancing operational efficiency. To support its growth plans, Yubi Group has elevated several employees to its leadership, bringing extensive expertise across finance, technology, and PSB sectors -
⦁ Bharat Krishnamurthy has been elevated to the position of Chief Technology Officer (CTO) of Yubi and Aspero. In his new role, Bharat will focus on driving engineering excellence and advancing the company's technological capabilities to new heights.
⦁ Anand Narayanan has unified Yubi’s loan operating system across critical functions such as integration of loans, co-lending, securitisation, and supply chain financing among others. As the new Chief Product Officer (CPO) for Yubi and Corpository, he will enhance built-out capabilities, elevate NPS scores, accelerate operational efficiency, and scale revenue growth.
⦁ Ramesh Ramanathan has been promoted to Deputy Chief Financial Officer (Dep. CFO) of Yubi Group. For the past many years, his contributions to the group's financial integrity, controls, and operational efficiency have been invaluable. Ramesh's leadership has been instrumental in closing audits for all five companies, including Yubi, Aspero, spoctoX, Corpository, and Finfort, in record time, showcasing the group's robust financial control.
⦁ Continuing with Yubi's philosophy of horizontal leadership across the Group, the appointment of Amitesh Bhattacharya as Group General Counsel for the Yubi Group of Companies marks another strategic development. Amitesh will drive deeper adoption of legal and regulatory interplay across the Group as Yubi builds a robust institution in a fast and dynamic landscape.
⦁ Vinod Deiveegan has been instrumental in leading and building Yubi's Public Sector Bank business, establishing a strong presence across platforms. In his new role as Chief Business Officer for Corpository, Vinod will collaborate with the sales team to scale the business to a $100 million enterprise in the coming years.
Commenting on the leadership appointments, Founder and CEO Gaurav Kumar said, “These strategic leadership changes and promotions reflect our unwavering commitment to fostering talent and driving innovation across our business units. As we continue to deepen the debt market and democratize capital flow, our newly appointed leaders will play a pivotal role in achieving our vision and delivering exceptional value to our clients. The increase in our top performer ratings and promotion rates signifies a higher talent density within Yubi Group, which is integral to our sustained growth and success. Our expanded stock option plan further aligns our team members' interests with the company’s long-term success, empowering them as stakeholders in our collective journey.”
Commenting on these major developments, Yubi Group’s Chief Human Resource Officer, Abhishek Mehrotra, emphasized, "As we embark on a new phase of growth at Yubi Group, our recent leadership appointments underscore our commitment to investing in and grooming top talent internally. These strategic initiatives align with our enhanced performance management approach, integrating performance and potential to foster a culture of continuous feedback, learning, and talent mobilization. This approach positions us well to maximize our team's potential and drive Yubi Group forward in the financial technology landscape."
In pursuant to the company’s strategic plan, Yubi Group has welcomed over 90 new campus hires from diverse backgrounds and institutions, adding fresh perspectives and skills to the team since April 2024. This infusion of talent is essential for supporting Yubi Group's ambitious growth plans and driving innovation across the organisation.