BharatPe further strengthens its leadership team: Appoints Kohinoor Biswas as Head-Consumer Lending

Kohinoor is an experienced banking financial services leader with 14+ years of experience in various aspects of consumer lending and payments

New Delhi, June 05, 2023: BharatPe, India’s leading name in the fintech ecosystem, has announced the appointment of Kohinoor Biswas as the Head - Consumer Lending. Kohinoor brings with him over 14 years of experience in various aspects of consumer lending, cards portfolio management, business strategy, and digital initiatives. At BharatPe, he will be responsible for leading the entire postpe business, the credit- first consumer vertical of BharatPe. Kohinoor will be reporting to Nalin Negi, CFO and Interim CEO, BharatPe and will be building the consumer lending vertical. This is the third leadership appointment for BharatPe in 2023. The company earlier announced the appointment of Aparna Kuppuswamy as Chief Risk Officer, BharatPe Group and Sandeep Indurkar as Chief Business Officer- Banking and Alliances.

Kohinoor Biswas is a hands-on professional from the banking and financial services industry, and has held leadership positions in prominent banks and financial institutions in India and abroad, during the course of his career. He has extensive experience in Cards Business & P&L management, Risk & Analytics, Credit policy, and Cards & Mobile Payments Technology. Prior to joining BharatPe, he was the Head of Credit Cards Portfolio at ICICI Bank and he spearheaded overall credit cards strategy driving cards spends, loyalty, balance build-up through emi-zation & Personal Loan on Cards and the overall P&L for the Credit Card business. Prior to ICICI Bank, Kohinoor was the Vertical Head for Credit Card Portfolio at HDFC Bank. He has also been associated with companies like Intellect Design Arena Ltd, JP Morgan Chase and American Express. Kohinoor is a Post Graduate from Indian Institute of Management, Calcutta.

Commenting on the appointment, Nalin Negi, CFO and interim CEO, BharatPe said, "postpe, our consumer business, has been a great success story since its launch and clocks an annualized TPV of close to Rs. 5000 crores today. I believe there is a huge opportunity to build disruptive products to cater to a wide range of Gen Z and Millennial customers. I am confident that Kohinoor, with his in-depth knowledge of banking services, combined with his experience in cards and payments, will be a great asset to us as we build the consumer side of our business. I am delighted to welcome Kohinoor Biswas to the BharatPe family and look forward to partnering with him to build postpe 2.0. I am confident that Kohinoor's leadership and strategic thinking will help us achieve our ambitious growth plans in the consumer business.”

Kohinoor Biswas, Head- Consumer Lending, BharatPe, added, “BharatPe has witnessed huge success from its early days and is seen as one of the renowned names in the financial services industry today. It has emerged as one of the key enablers for millions of offline retailers across the country, with its portfolio of new-age fintech products. postpe, while a late entrant in the consumer category, was a huge success from its early days. I am excited to join the BharatPe team as the Head of Consumer Lending. I look forward to strengthening the existing relationships with the postpe customers by offering new credit products as well as new payment and commerce use cases, With the digital ecosystem in India evolving and maturing, I am confident that we will be able to build new-age lending products that appeal to a larger customer set.”