He will report to Yashish Dahiya and lead Paisabazaar’s next phase of growth, expanding its footprint in unsecured and secured lending, pensions, and savings.
Santosh has been with the group since 2011 and has consistently been among its top performers for over a decade. He has played a crucial role in scaling the business, driving innovation, and delivering strong financial performance.
Also Read: PB Fintech Q3 Results: Profit jumps 88.2% to ₹71.5 crore, new insurance premiums up 44% YoY
His leadership has been instrumental in strengthening Paisabazaar’s position as a leading unsecured credit platform. The company’s board and management considered various internal and external candidates before selecting him through a competitive process.
“In addition, Santosh will continue to mentor and guide on the Life Insurance side for the short term, as well as work with Sarbvir Singh in seeing how best Paisabazaar can leverage insurance opportunities.
Naveen would help guide the transition over the next few months and would continue to remain on the board of Paisabazaar as a non-executive director. Santosh will also move onto the board of Paisabazaar as Executive Director,” it said.
Also Read: PB Fintech’s health insurance business growing four times faster than the industry, says Group CEO
Meanwhile, Naveen Kukreja, who successfully led Paisabazaar for 11 years, will step away from operational responsibilities and transition to the role of Group President at PB Fintech while continuing as Non-Executive Director at Paisabazaar. He will also advise on future strategy and long-term opportunities for PB Fintech.
Additionally, the company announced the resignation of Vivek Audichya as Chief Financial Officer (CFO), effective February 28, 2025. Neeraj Tripathi has been appointed as the new CFO and KMP, effective March 1, 2025.
Shares of PB Fintech Ltd ended at ₹1,502.45, down by ₹2.90, or 0.19%, on the BSE.
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