Ex-Kotak Sr. Executive Ketan Patel joins CASHe

ANI | Updated: Apr 02, 2018 20:01 IST

New Delhi [India], Apr. 2 (ANI): FinTech firm Aeries Financial Technologies Pvt. Ltd. announced the appointment of former Kotak Mahindra Bank Senior Executive Ketan Patel as the Executive Director and CEO of CASHe, and the Managing Director of Bhanix Finance & Investment Ltd., the NBFC arm of the company.

In his new role as CEO, Patel will focus on the company's next level strategies that will focus on actions centered around accelerating CASHe's organic growth momentum as well as its strategy of becoming a leading digital lending company to the salaried and professional millennial. He will also be focused towards driving its technology innovation, accelerate its operational excellence as well as delivering superior customer experiences.

"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 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," said Chairman of Aeries Financial Technologies, V. Raman Kumar.

Patel joins CASHe after an 18-year stint with Kotak Mahindra bank, where he held the position of a Business Head - CBS and E-commerce and Corporate Banking. In his role as Head of E-Commerce at Kotak Mahindra Bank, Ketan oversaw setting up a dedicated vertical for the fast-growing E-Commerce business out of the bank's Corporate Banking Vertical. (ANI)