Home Fintech Validus Names Vineet Agarwal as New Singapore CEO

Validus Names Vineet Agarwal as New Singapore CEO

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Validus Names Vineet Agarwal as New Singapore CEO

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Southeast Asian SME financing platform Validus introduced that it had named Vineet Agarwal as CEO of Validus Capital in Singapore, efficient 1 August 2023. He succeeds Jayanta Roy who’s retiring.

Vineet Agarwal

Vineet Agarwal

Vineet joined Validus in January 2022, the place he led the digital monetary companies and funds technique, product improvement and go-to-market plans for the roll-out of the corporate’s full-suite SME monetary companies providing.

This contains enterprise accounts, company playing cards, native and cross-border funds, and expense administration options, along with its present SME mortgage merchandise.

Previous to becoming a member of Validus in 2022, Vineet held numerous senior management roles at DBS and American Specific from 2008 to 2021.

Since its institution in 2015, Validus has disbursed over US$2.8 billion in loans to small companies in Singapore, Indonesia, Vietnam, and Thailand. The corporate reported that it had grown its mortgage ebook year-on-year by 80% in 2022 in comparison with the earlier yr.

Nikhilesh Goel

Nikhilesh Goel

Nikhilesh Goel, Co-founder and Group CEO of Validus mentioned,

“With Vineet on the helm as the brand new CEO for Validus Capital Singapore, Validus is well-placed to enter the subsequent stage of development with an revolutionary method fueled by strategic partnerships, embedded finance, various information, and AI-driven information analytics, and additional cement our market main place in Singapore.

 

We might additionally wish to take the chance to increase our honest appreciation and gratitude to Jayanta, who has been an integral a part of our success prior to now six years, and we want him success and success in his future endeavours.”

 

 

 

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