Narayanan Ramamurthy has been appointed as the company’s Chief Financial Officer(CFO) according to the announcement made by Vivifi India Finance Private Limited(Vivifi), a Fintech NBFC(non-banking finance company).
A chartered accountant by profession, Narayanan has over two decades experience and has worked with global organizations such as Deloitte, Accenture, Citibank and KPMG. He has also provided consulting services to various start-ups and SMEs in the Fintech vertical.
Narayanan is known to have experience of more than two decades and has contributed as an employee of global organizations such as Accenture, Citibank, Deloitteand KPMG.
“I extend a warm welcome to Narayanan who will be a significant addition to Vivifi’s growing team. Besides his rich experience in global consulting firms, Narayanan has demonstrated strong capabilities in establishing strategic financial partnerships with banks & non-banking institutions. This appointment is the first step of a comprehensive plan to add experienced resources in leadership roles who will expand and strengthen Vivifi’s growth trajectory. Vivifi has been funding its own loans and operations until now and is looking for financial partnerships for debt as well as equity to help fuel its growth” says Anil Pinapala, Founder & CEO, Vivifi India.
Continuing over this he further said “We are expanding Vivifi’s customer base across regions, income and credit spectrums. We want to help consumers who, being non-prime, new-to-prime and new-to-credit, don’t normally have access to credit whenever and wherever they need. As we embark on this exponential growth phase, Narayanan will lead the initiative to establishing strategic funding partnerships with investors, banks & other large NBFCs.”
Even Narayanan added his thoughts on his appointment and said “Vivifi has achieved good penetration in a short span of time. My role will be of adding fuel to this growth by bringing in the right strategic long-term partnerships that are required for a new-age Fintech NBFC to rapidly capture market share. We will be looking at a right mix of equity and debt to optimize the growth opportunities.”