CoinTribe ropes in Sunil Gulati as Independent Director

| Updated: Aug 23, 2017 11:20 IST

New Delhi [India], Jan 19 (ANI): India's leading online lending marketplaces CoinTribe has announced appointment of Sunil Gulati, a veteran banker as the Independent Director. An IIM-A Gold medalist, Sunil has over 33 years of global experience in the banking industry and has served in senior positions in several multinational and domestic banking entities including Bank of America, GE Capital Services India, ING, Yes Bank and RBL Bank. Over the past 15 years, Sunil has been pivotal in rapidly growing and transforming banking institutions to establish them as mainstream national players. In his previous stint, his contributions enabled RBL Bank to grow more than 15 times across corporate, retail, capital markets, agriculture and financial inclusion in a period of six years while maintaining one of the best quality asset portfolios in the country. Previously, he was the Group President at Yes Bank in its early growth phase and was responsible for a range of portfolios including Risk, Wholesale Banking and Retail Assets. "It has been fascinating to see CoinTribe emerge as one of the frontrunners in the Indian fintech lending sector. I'm pleased to join hands with the stellar team behind the venture and I'm looking forward to leveraging my experience in banking and specifically in Risk Management to further bolster CoinTribe's core proposition. In our collaboration, we are also going to explore new avenues to efficiently tap the market demand and pave the way for rapid business expansion," said Independent Director CoinTribe, Sunil Gulati. "Sunil comes with a rich background in Credit Risk and given our focus on Credit Underwriting, his experience will be invaluable to us. He has spearheaded several top banking institutions and has put them on the path of prominence in the finance industry. CoinTribe aims to capitalize on this expertise and we will together work to amplify the growth of the company through constant innovation," said CEO and co-founder CoinTribe, Amit Sachdev. Sunil is the Chairman of Merisis Advisors, a boutique investment bank and an Independent Director at Empays Payment Services, and Varthana Finance. He is also an advisor to Suryoday Microfinance and Insense Analytics. He is also a council member of Gerson Lehrman Group, a Charter Member of TiE Mumbai and serves on the Investment Committees at Infinity Alternatives Advisors and WEH Ventures. (ANI)