Avanse Financial Services​​ ​appoints Vineet Mahajan as​ CFO

Avanse Financial Services​​ ​appoints Vineet Mahajan as​ CFO

Education-focused non-banking financial company (NBFC) Avanse Financial Services has brought on board Vineet Mahajan as its chief financial officer, said a statement issued today.Mahajan brings a wealth of experience to his new role of managing the financial operations of the organisation, and has more than two decades of extensive experience across various segments of the financial industry. He comes with a strong track record in portfolio securitisation, resource raising, balance sheet finalisation, budgeting, management reporting, regulatory compliance, asset and liability management, and more.

He will drive the financial performance of the organisation, and play an important role in building a strong franchise across governance, compliance, risk, liability and asset positions, and will create capabilities for future growth of the organisation.

Mahajan joins the firm from Aavas Financiers where he served as the treasury head for almost two years. He has also worked with Edelweiss Group for almost eight years and has successfully managed borrowings and spearheaded multiple debt public issues. He also worked with firms like Lakshmi Vilas Bank, Deutsche PostBank Home Finance, and more.

“We are pleased to welcome Vineet to our leadership team. His deep and extensive experience in leading financial operations along with integrated expertise in the domain will enable us to strengthen our leadership position in the education financing space. We are confident that his leadership, finance and accounting proficiency will benefit Avanse Financial Services and all its stakeholders,” said Amit Gainda, CEO, Avanse Financial Services.

“I look forward to working with this competent team to achieve the organisation’s priorities, accelerate growth and enhance value for our stakeholders,” said Mahajan.

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