Fullerton India Credit Company Limited (Fullerton India), a leading Non-Banking Financial Company with a strong Pan-India presence, today announced the appointment of Ajay Pareek as their Chief Business Officer. Ajay will be leading Fullerton India’s core businesses of Rural, Urban, and Digital and the Marketing function.
Ajay re-joins Fullerton India from Aditya Birla Finance Ltd, where he was heading retail, consumer, and microfinance businesses. He previously worked with Jana Small Finance Bank, where he headed their Retail Financial Services Business; CitiFinancial Consumer Finance Ltd and A.F. Fergusons and Co. Ajay has over 24 years of experience in business planning, strategising, designing, launching products, managing credit underwriting, and collections while leading large sales and distribution networks.
Speaking on the appointment of Ajay Pareek, Shantanu Mitra, CEO & MD, Fullerton India, said, “On behalf of the Fullerton India family, we are happy to welcome Ajay back. He has been a pillar of strength at Fullerton India for over a decade and was critical in sustaining the business and managing Fullerton India’s extensive network pan India.”
On his appointment, Ajay Pareek said, “I am looking forward to my second innings at Fullerton, India. I was a part of the Fullerton India family for a very long time and have always shared a great bond with my colleagues. I am glad to be entrusted with the responsibilities, and I will help strengthen Fullerton India’s business to the best of my abilities.”