Yubi Group, the technology firm that powers the end-to-end debt lifecycle, has roped in Vipul Mahajan for the role of chief business officer (CBO). He moves from TransUnion CIBIL, where he had served a tenure that lasted almost nine years, with his last designation being that of head of commercial, fintech, and direct-to-consumer business.
Armed with an MBA from the TA Pai Management Institute, Vipul Mahajan interned with GSK in 2006 and then joined HDFC Bank a year later. As senior manager-risk analytics, he managed multiple roles at the bank—including model development, model validation, cross-sell campaigns across retail assets and so on—based out of Mumbai, for a little less than five years.
In January 2012 Vipul Mahajan moved to Barclays to look after model development-UK mortgages. Based out of London, he built the risk-reward engine for the UK mortgages portfolio for over a year.
The year 2013 saw him return to Mumbai, to join Yes Bank as head of analytics-retail assets and business banking. In this role, he set up the risk analytics function from scratch for retail and business banking.
From 2019 to 2021 Mahajan was member of Standing Committee on Strengthening Analytical Framework, Reserve Bank of India (RBI).
Mahajan’s association with TransUnion CIBIL began in 2016. He was product head-commercial bureau products for over three years before being elevated to business head-commercial credit, in 2019. Four years into this role, he was promoted to business head-commercial, fintech and directo-to-consumer business.
Now, at Yubi, Mahajan will focus on scaling Yubi’s lender relations across the private sector, PSU and offshore markets. He will lead initiatives to deepen Yubi’s collaborations with stakeholders in financial services, including NBFCs, banks and regulatory bodies.
Gaurav Kumar, founder & CEO, Yubi Group, believes that Mahajan’s “wealth of experience in building and nurturing strategic partnerships will be instrumental in expanding Yubi’s reach and impact across critical financial ecosystems.”
According to Kumar, Mahajan’s “vision aligns with our mission to bridge gaps in credit access and deepen financial inclusion, fostering a more robust and resilient credit landscape.”
Mahajan himself is looking forward to contributing to Yubi’s “ambitious vision” and “to work with the team to enhance our market presence and deepen our role in the credit landscape.”.
