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InCred Appoints Finance Veteran Vivek Bansal as Its CFO

In his earlier stint, Vivek led the Finance division at YES Bank as Deputy CFO.

Vivek Bansal

In a major leadership move, InCred, the Mumbai-based new-age financial services consumer & SME lending platform, has appointed Vivek Bansal as its Chief Financial Officer. A highly regarded finance professional with 20 years of rich domestic and international experience in the banking and financial services industry, Vivek brings on board his experience to strengthen InCred’s management team as it moves to the next phase of its growth.

Speaking on his appointment, Bhupinder Singh, Founder and CEO, InCred said, “I am thrilled to have Vivek on board as InCred’s CFO. He has extensive experience in all aspects of financial control, strategy and planning. Vivek is passionate about establishing excellence in financial management and bringing global best practices of governance which makes him a perfect fit for InCred. I am confident that Vivek’s addition to InCred’s leadership bench will aid our growth across all aspects of our business.”

“I am delighted to join InCred at this very exciting stage in its journey to become a key financial partner for every Indian family. I am amazed by the energy buzz and enthusiasm that I see in the InCred team, and I hope to be able to contribute in a meaningful way to the InCred story”, said the newly appointed CFO for InCred.

In his earlier stint, Vivek led the Finance division at YES Bank as Deputy CFO. Previously, he held key leadership roles at Fidelity Investment Managers in the UK and Standard Chartered Bank in India. Vivek is a certified Chartered Accountant as well as a Chartered Financial Analyst from the CFA Institute, USA.  

Based out of Mumbai, InCred is currently giving loans across 4 categories: Consumer Loans, Affordable Housing Loans, Education Loans and SME Loans, with the vision of providing credit for Incredible India. In March, the company announced the launch of its two-wheeler loan vertical with an aim to provide easy and convenient two-wheeler loans to borrowers across its offices in 6 states.

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