Monday, February 26, 2024

Capri Global Appoints Vivek Jain As Chief Human Resources Officer

Capri Global Capital Ltd, a leading non-banking financial company, has appointed- Mr. Vivek Jain, as its new Chief Human Resources Officer (CHRO).

Bringing a unique skill set to Capri Global, Mr. Jain is set to play a pivotal role with his strategic thinking, service-oriented approach, and ability to build new lines of businesses. He will collaborate with the senior leadership team to attract, develop, and retain top talent, and create a high-performance, entrepreneurial culture. He is a distinguished leader in the HR realm, having over 25+ years of industry expertise and a visionary outlook on managing talent.

Mr. Rajesh Sharma, the Managing Director of Capri Global Capital Ltd, expressed his thoughts about the appointment, stating, "We welcome Vivek to lead our Human Resources team. His extensive experience in the banking and finance sector aligns well with our growth trajectory, ensuring that top-tier talent with effective skills contribute to our success. Vivek’s expertise will play a key role in fostering a positive work environment and developing strategies in line with our business goals. At Capri Global, we prioritize our people and Vivek’s guidance will be instrumental in designing career paths for individuals, raising them towards growth and excellence."

Vivek Jain joins Capri Global from his previous role at Kotak Bank, where he served for 15+ years. In his tenure at Kotak Bank, he held key roles, including Senior Executive Vice President & Head of HR for Investment Banking, Institutional Equity, Private Equity, Private Banking, Corporate Banking, Corporate Treasury, and Asset Reconstruction. Notable achievements during this period include maintaining attrition below 20%, improving revenue per employee, and introducing innovative business practices. Before Kotak, Vivek worked with organisations like Genpact and Lupin Pharmaceuticals.

Vivek holds a gold medal in MBA from International Management Institute Delhi and is currently pursuing his Doctorate in Human Resource Development. His scholarly force is evident through his research paper on Career Progression published in the International Journal of Organizational Analysis. Additionally, Vivek is a PCC – ICF certified coach. Vivek is also a member of the CII National Committee on Skill Development and Livelihood since 2019. Vivek seamlessly combines academic prowess with practical industry experience, making him a valuable addition to Capri Global Capital Ltd.

About Capri Global Capital Ltd:

Capri Global Capital Limited (CGCL) is a diversified Non-Banking Financial Company (NBFC) listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) and is part of the NIFTY Small cap 250 Index. The Company operates in high-growth segments such as MSME Loans, Affordable Housing Finance, Gold Loan, and Construction Finance. The Company also acts as a corporate distributor for car loan products of six leading commercial banks. CGCL offers its loan products to the unbanked and underserved masses across Northern and Western geographies of the country, through its strong network of 900+ branches spread across 12 States and Union Territories. The tech-enabled processes and recently introduced business analytics ensure that CGCL offers products tailored to meet the requirements of borrowers with a solid governance and risk-control framework. CGCL enjoys a robust credit rating of ‘CARE A+ (Outlook Stable)’ for its long-term borrowing program and NCDs and the highest rating of ‘IVR A1+’ for its short-term borrowing program. The Housing Finance business is rated ‘CARE A+ (Outlook Stable)’ for its long-term borrowing program. The Company has bagged ‘Best BFSI Brand 2021’ by The Economic Times and received certification as a Great Place to Work from Great Place to Work Institute for 2024-25 for a third consecutive year.

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