MoneyTap appoints Sujay Das as Chief Risk Officer; aims to build robust credit risk policies

The company is currently focusing on strategic hiring to strengthen the leadership team

Mumbai, June 23, 2020: In a recent development, app-based consumer credit line company, MoneyTap, has appointed Mr Sujay Das as Chief Risk Officer. A veteran in the lending and financial industry, Sujay brings more than 19 years of experience in Risk Management, Analytics and Credit Policy working in different financial organisations across different geographies. He has built several high performing Risk Management teams across organisations. 

Sujay’s expertise will play a pivotal role in building innovative credit policies and strategies at MoneyTap in the post-COVID economy, bolstered by data science and statistical modelling. Previously, he served as the Head of Risk Analytics at Bajaj Finserv Limited.

 Other professional stints include 13 years at HSBC in several leadership positions across different functions. Sujay left HSBC as a VP, Risk Analytics. Prior to HSBC, he worked in GE Capital in the Risk Management and Analytics vertical. Sujay completed his Masters in Economics from JNU (Jawaharlal Nehru University) in 2001. 

“We are thrilled to have Sujay on board at the focal point of our growth story. Sujay brings to the table an in-depth knowledge of risk management and analytics. We look forward to his astute guidance in maintaining the right checks and balances for our risk policies. As we scale, his inputs will be crucial in reinforcing our strong credit discipline,” said Kunal Varma – Chief Business Officer & Co-Founder, MoneyTap. 

“In my role at MoneyTap, my focus will be on balancing risk and returns for the company. I will be responsible for institutionalizing best-in-class credit practices and keeping a check on the non-performing assets, despite the high growth trajectory that the business aims for,” said Sujay Das on his appointment.