The appointment is aimed at strengthening the position of the company in consumer finance, the company said in a statement.
"Kavi's induction to the senior management team would go a long way in expanding our current portfolio and taking it beyond our existing loan against shares (LAS) business which has already achieved leadership position in the market, Religare Enterprises CEO and MD Sunil Godhwani said.
Arora has over 14 years of experience in the financial services industry across various functions. Earlier, he was working as the Vice President, Business Head-Secured Assets & Cross-Sell at GE Money Financial Services.
Prior to GE, Arora has worked with ABN Amro Bank as Head Consumer Banking for South, Citicorp Financial Services, 20th Century Finance and ATS Services in different business roles.
