Yubi Group boosts leadership team with key appointments
By Gloria Mathias
Yubi Group, formerly known as CredAvenue, has announced C-suite appointments and promotions across its group companies.
The Yubi Group comprises spoctoX, a prominent digital debt collection platform, and Corpository, a central SaaS-based credit assessment platform in India. Operating under the banner of CredAvenue Securities Pvt. Ltd., Aspero offers a premier platform for seamless investment in fixed-income securities for retail investors and wealth partners.
Recently, Yubi Group expanded its capabilities by acquiring FinFort, a retail SaaS credit evaluation company integrated into Corporsitory.
To support its growth plans, Yubi Group has elevated several employees to its leadership, bringing extensive expertise across finance, technology, and PSB sectors; Bharat Krishnamurthy has been elevated to the position of Chief Technology Officer (CTO) of Yubi and Aspero. In his new role, Bharat will focus on driving engineering excellence and advancing the company’s technological capabilities to new heights.
Anand Narayanan has unified Yubi’s loan operating system across critical functions such as loan integration, co-lending, securitization, and supply chain financing. As the new Chief Product Officer (CPO) for Yubi and Corpository, he will enhance built-out capabilities, elevate NPS scores, accelerate operational efficiency, and scale revenue growth.
Ramesh Ramanathan has been promoted to Deputy Chief Financial Officer (Dep. CFO) of Yubi Group. For the past many years, his contributions to the group’s financial integrity, controls, and operational efficiency have been invaluable. Ramesh’s leadership has been instrumental in closing audits for all five companies, including Yubi, Aspero, spoctoX, Corpository, and Finfort, in record time, showcasing the group’s robust financial control.
Continuing with Yubi’s philosophy of horizontal leadership across the group, the appointment of Amitesh Bhattacharya as Group General Counsel for the Yubi Group of Companies marks another strategic development. Amitesh will drive deeper adoption of legal and regulatory interplay across the group as Yubi builds a robust institution in a fast and dynamic landscape.
Vinod Deiveegan has been instrumental in building Yubi’s Public Sector Bank business, establishing a strong presence across platforms. In his new role as Chief Business Officer for Corpository, Vinod will collaborate with the sales team to scale the business to a $100 million enterprise in the coming years.
Founder and CEO Gaurav Kumar said, “These strategic leadership changes and promotions reflect our unwavering commitment to fostering talent and driving innovation across our business units. As we continue to deepen the debt market and democratize capital flow, our newly appointed leaders will play a pivotal role in achieving our vision and delivering exceptional value to our clients. The increase in our top performer ratings and promotion rates signifies a higher talent density within Yubi Group, which is integral to our sustained growth and success. Our expanded stock option plan further aligns our team members’ interests with the company’s long-term success, empowering them as stakeholders in our collective journey.”
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