Aye Finance, India’s leading fintech lender servicing the credit needs of the micro-enterprise segment, announced the hiring of Mayank Thatte as its Chief Financial Officer. Mayank’s last assignment was as CFO Electronica Finance Ltd and he has over 19 years of experience working with leading organizations in the BFSI space; Tata Motors Finance, Tata Capital, ICICI Bank to name a few. He brings to Aye a comprehensive perspective on all the corporate finance, treasury, MIS, and accounting functions and will be responsible for strengthening the financial and regulatory reporting and driving operational and digital transformation.
Speaking on this occasion, Sanjay Sharma, Managing Director of Aye Finance, said, “We welcome Mayank to our leadership team. Mayank’s impressive track record of success in treasury, financial controllership, and regulatory compliances is an excellent fit with our objectives and growth plans. Mayank’s appointment is fundamental at these times which, although are challenging, also offer us an opportunity to support our chosen customer segment of micro-enterprises, and his focus on managing and optimizing Aye’s operating efficiency and financial performance will ably support our strategies”
Mayank Thatte, on his appointment as the CFO of Aye Finance, said, “Aye has been transforming microenterprise lending in India and is recognized as a leader in serving the credit needs of the bottom of the pyramid businesses. I am excited to join Aye and look forward to working with the management and the board and supporting its growth plans.”
Aye has witnessed rapid growth in the last seven years since its inception and it is a result of the fintech lenders in-depth understanding of its chosen customer segments' credit needs and a commitment to constantly innovate to meet these requirements in the most economical way whilst delivering the best-in-class experiences.