Fullerton India Credit Company Limited (Fullerton India), a leading Non-Banking Financial Company with a strong Pan-India presence, today announced the appointment of Srinivasan Balachander as their Chief Compliance Officer. He will be reporting to Shantanu Mitra, CEO & MD.
Balachander joins Fullerton India from Bandhan Bank, where he led the compliance function as their Chief Compliance Officer. Balachander has over 29 years of work experience in the Banking sector having worked with leading financial institutions such as Axis Bank, Global Trust Bank and Vysya Bank.
Speaking on the appointment of Mr. Balachander, Mr. Shantanu Mitra, CEO & MD, Fullerton India, said, “We are glad to welcome Balachander to the Fullerton India family. Having worked with top financial institutions in the country, we are certain that he will further strengthen the company’s compliance framework. Balachander’s knowledge of the lending sector and the current economy will serve as a key asset in our journey as we continue to comply with the guidelines set by the regulatory authorities.”
On his appointment, Mr. Balachander said, “I’m honoured to join a stellar team of professionals at Fullerton India. My endeavour would be to ensure adherence to all internal protocols and cultivate a collaborative and meaningful relationship with key policy-makers and regulatory authorities. In a highly disruptive post pandemic business environment, it will be our collective responsibility to set relevant standards and comply with the same.”