Chief Executive Officer | Leading Financial Services Group in India


Background

Our client was one of India's leading diversified financial services group providing a broad range of financial products and services – both credit and non-credit - to corporations, institutions and individuals. The asset base was more than $ 4.5 billion-dollars and net profits were growing consistently at > 40% over the previous five years.


The Need

To strengthen and further grow their retail lending business, our client was splitting the leadership team into two categories, each to be headed by a CEO. Our client was seeking to fill the position of CEO for the Home Mortgages, Construction Finance group which was expected to be a major contributor to the group’s performance. As such, the candidate would be tasked with doubling the asset book in two years. Our client was open to considering senior executives from within the Financial Services industry, as well as were open to considering seasoned B2C leaders from other industry sectors (Consumer Goods, Telecom), who could bring strong consumer centricity and sales/ distribution skills. This was in line with the group strategy to diversify their leadership talent base.

 

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