The NBFC division of the Mahindra Group Mahindra Finance has announced the appointment of two senior executives to key positions within the organization.
The company has appointed Bijoy Thaplial as Chief Commercial Officer – Leasing, Partnerships and Payments, and Mod Narayan Singh as Chief Compliance Officer (CCO).
With these appointments, the company aims to reinforce its commitment to innovation and customer-centric solutions as it looks to strengthen its position as a preferred financial partner in India.
Bijoy Thaplial will lead leasing, partnerships and payments
Bijoy Thaplial, with over 27 years of experience in the financial sector, has been appointed as Commercial Director – Leasing, Partnerships and Payments.
In this role, Bijoy will be responsible for leading Quiklyz, Mahindra Finance’s vehicle leasing and subscription business. He will also focus on identifying and fostering strategic partnerships as well as improving the execution of various payment products.
Their efforts will focus on advancing leasing strategies, fostering partnerships and enhancing payment and lending solutions to drive growth and increase customer satisfaction.
Bijoy’s extensive career includes leadership roles in several leading financial institutions including Axis Bank, Royal Bank of Scotland, Standard Chartered UAE, HDFC Bank, GE-SBI Cards and INDAL. His consistent track record of delivering strategic growth and operational excellence will be a significant asset to Mahindra Finance.
Bijoy holds a post-graduate diploma in management from Symbiosis Institute of Management Studies, Pune, and a Master of Commerce degree from the University of Pune.
Mod Narayan Singh takes over as Chief Compliance Officer
In a parallel development, Mod Narayan Singh has been appointed as Chief Compliance Officer (CCO) at Mahindra Finance.
With over 25 years of experience, Mod Narayan will oversee the company’s compliance function, ensuring all operations adhere to regulatory standards and internal policies.
You will work closely with the Board of Directors and senior management to ensure the effective implementation of the Company’s compliance policy.
Prior to joining Mahindra Finance, Mod Narayan held various positions at the Reserve Bank of India (RBI) where he gained extensive experience in regulation and supervision of commercial banks and urban cooperative banks as well as banking and consumer education and protection.
His most recent assignment was with Bhartiya Reserve Bank Note Mudran. His qualifications include a Master of Business Management in International Business from ICFAI and a Certified Associate of Indian Institute of Bankers (CAIIB).
These leadership changes come at a time when Mahindra Finance is focused on driving growth and innovation in the financial sector. The company believes that the combined experience of Bijoy and Mod Narayan will play a pivotal role in achieving its long-term goals, particularly in expanding its reach and improving customer satisfaction.
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