Online loans marketplace SwitchMyLoan has appointed Shakun Narula as its new Chief Business Officer for Car Loans. Prior to this Shakun was associated with Greaves Financial Services Ltd. as Chief Business Officer.
Shakun Narula’s appointment comes at a time when SwitchMyLoan is actively expanding its footprint and diversifying its product offerings. The company recently surpassed Rs. 900 Crore disbursement milestone in the Mumbai market and totaling Rs. 1,500 Crores nationwide, showcases confidence that Shakun Narula’s appointment as Chief Business Officer for Car Loans will further strengthen its position in the digital lending space, stated the press release issued by the company.
With an impressive track record spanning over 20 years in Retail Assets and Consumer Lending, Shakun brings a wealth of experience in Business Development, Sales and Distribution Management, Product Management, and revenue generation, added the release.
Prior to joining Greaves, he served as Director of Asset Finance at Ola, where he played a pivotal role in shaping the company’s lending strategy. Shakun’s extensive experience also includes a three-year stint as Senior Vice President of Two Wheeler Finance at Fullerton India Credit Company Ltd., where he excelled in managing urban two-wheeler finance.
Chintan Panchmatiya, Founder of SwitchMyLoan, expressed his enthusiasm about Shakun joining the team, stating, “We are delighted to have Shakun Narula on board as our Chief Business Officer for Car Loans. His extensive experience in the lending industry aligns perfectly with our vision of becoming India’s top online aggregator platform. We believe that Shakun’s leadership will contribute significantly to our growth and further enhance our capabilities in the car loans segment.”
Shakun Narula said, “I am thrilled to be a part of SwitchMyLoan, a dynamic platform that is reshaping the digital lending landscape in India. I look forward to leveraging my experience to drive innovation, foster strategic partnerships, and contribute to the continued success of SwitchMyLoan in the car loans segment.”
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