Mumbai: IIFL Home Finance Ltd., an affordable housing finance company in India, has announced the appointment of Pradeep Kumar Rangi as its Chief Risk Officer (CRO). With over 20 years of experience in risk management across international banking, payments, and fintech sectors, Mr. Rangi brings a wealth of expertise in strategic risk oversight, governance, and regulatory compliance.
Prior to joining IIFL HFL, Rangi served as the Chief Risk Officer at Airtel Payments Bank, where he played a key role in developing a comprehensive Enterprise Risk Management framework. He also held senior leadership positions at Standard Chartered Bank in Singapore, where he contributed significantly to risk management strategies for fintech startups under SC Ventures, the bank’s innovation and fintech arm.
Welcoming the new role, Pradeep Kumar Rangi, Chief Risk Officer, IIFL Home Finance, stated, “I am pleased to join IIFL Home Finance, a company that has been at the forefront of driving affordable housing solutions in India. With the ever-evolving financial landscape, my focus will be on strengthening the organization’s risk management framework, enhancing digital security, and ensuring the highest standards of regulatory compliance. I am committed to building a proactive risk culture that not only meets but exceeds regulatory expectations, driving the company’s growth and resilience. I look forward to contributing to the company’s mission of empowering homeownership for millions of Indians while navigating the challenges and opportunities of a rapidly digitizing world.”
Adding to this, Rashmi Priya, Head – HR, IIFL Home Finance, commented, “We are delighted to welcome Mr. Rangi to our leadership team. With his deep expertise in risk management, technological innovation, and regulatory compliance, he will play a key role in shaping and advancing IIFL Home Finance’s risk strategy. As we continue to enhance our digital capabilities and expand our reach in the affordable housing sector, Pradeep’s leadership will be crucial in ensuring a robust and resilient risk framework to support our strategic objectives.”
A Chartered Accountant and All-India Rank holder, Rangi also holds specialized certifications in Risk Management and Cybersecurity. His global experience across India, the Middle East, South Asia, and ASEAN has given him deep insights into developing AI-driven risk assessment models, working with regulatory bodies on emerging technologies, and implementing advanced risk management frameworks.
As IIFL Home Finance continues to drive innovation and accessibility in affordable housing finance, Rangi’s leadership will play a crucial role in enhancing risk resilience, digital security, and regulatory compliance to support the company’s long-term growth.
