Balancehero India appoints Sayantan Ghosh as Head of Credit Risk

By Gloria Mathias

Balancehero India, a digital lending app called TrueBalance, recently appointed Sayantan Ghosh, an alumnus of the Indian Statistical Institute, as its Head of Credit Risk Management and Data Science.

Sayantan Ghosh’s appointment at Balancehero fortifies risk management, leveraging data science to foster financial inclusion and innovation.

Before joining Balancehero India, Sayantan worked for Statsfin and held various leadership positions at American Express. During his tenure with American Express, he led cross-functional teams in developing profitable new account underwriting strategies for international markets. He implemented machine-learning risk scorecards to enhance credit risk management. He holds a Master of Statistics with a Major in Applied Statistics and Data Analysis from the Indian Statistical Institute in Delhi and Kolkata.

Souparno Bagchi, Chief Operating Officer, of Balancehero India said, “With his academic excellence and expertise in credit risk management and data science, I am confident that Sayantan will play a pivotal role in advancing our mission of financial inclusion. This position is a crucial pillar for digital lending platforms, and undoubtedly, with our new appointment, we are poised to drive innovation and excel, further advancing our mission.”

Sayantan Ghosh, Head of Credit Risk, at Balancehero India, said, “As I embark on my journey as the Head of Credit Risk at Balancehero India, I’m eager to apply my expertise to strengthen our risk management strategies and ensure our operations remain stable and resilient. With a focus on innovation and collaboration, I eagerly anticipate driving initiatives that will propel Balancehero India forward in the fintech industry.”

Balancehero India, a wholly owned subsidiary of Balancehero Pvt. Ltd. Korea, has witnessed an exceptional trajectory of success in recent years. Founded in 2014 by Korean entrepreneur Cheol-won (Charlie) Lee, Balancehero has established itself as a non-bank finance corporation, primarily through its digital lending app, TrueBalance.