Poonawalla Fincorp strengthens top deck with six new appointments

While Rajendra Tathare is Chief Credit Officer, Rashmi Prasad is Head Analytics. Others include Mitul Budhbhatti, Manish Kumar, Surya V and Indiresh Phaltankar

Poonawalla Fincorp Ltd, (PFL) formerly Magma Fincorp, has revamped and strengthened its top team by making six new appointments in functions like credit, risk management and human resources.

Abhay Bhutada, Managing Director, Poonawalla Fincorp said the leadership team is getting strengthened to make the firm a professionally run company with a strong governance culture. “We want to rebuild the organization with a very solid footing”. Poonawalla group acquired Magma Fincorp in February 2021. It has already roped in Vijay Deshwal as chief executive of PFL. Vaccine maker Serum Institute is the flagship of Poonawalla group.

Rajendra Tathare has joined as Chief Credit