Speaking on the appointment, Chairman of Aeries Financial Technologies, V. Raman Kumar, said: “It is my pleasure to welcome Ketan to lead the CASHe team as CEO. I am very pleased that we have been successful in attracting a talented and experienced banker who intimately understands E-commerce and fin-tech businesses in India. Our decision to appoint Ketan is a clear reflection of the company’s avowed desire to accelerate the pace of growth by attracting India’s best of breed technologists and financial and banking professionals. Ketan is a long-time career banker at Kotak with over 18 years of outstanding experience heading key portfolios ranging from retail assets, wealth management and more recently as Business Head of E-commerce and Composite Banking Solutions (CBS) at Kotak. He is a seasoned leader with a proven track record of bringing in operational excellence, accelerating innovation and achieving revenue and profitability in business. Ketan has a broad and deep banking experience across businesses and functions and has a clear understanding of the opportunities and priorities that lie ahead of us. I am happy that we will be working closely to build a hugely successful business at CASHe,” he concluded.
Speaking about his appointment as the CEO and Executive Director of CASHe, Ketan Patel said: “I look forward to leading the team at CASHe at such an exciting time. I am encouraged by the growth and potential CASHe has to offer and I am committed to building upon the excellent groundwork which has been undertaken by Raman since the launch of CASHe. My focus will be to strengthen CASHe’s growth and operational performance and making CASHe as a true leader in alternative lending for millennial in India. I look forward to working with Raman, CASHe’s senior management team and all my colleagues as we carry on with the execution of our strategic plans.”