Poonawalla Fincorp brings in Gaurav Sharma as group CTO

Poonawalla Fincorp Limited (previously Magma Fincorp Limited), an Indian non-banking finance company, has roped in Gaurav Sharma as its group chief technology officer (CTO).

Gaurav Sharma will be leading and managing the technology initiatives for Poonawalla Fincorp. He is expected to further strengthen the commitment of the group of developing a world class digital technology based platform for financial services.

CA Abhay Bhutada — Managing Director of Poonawalla Fincorp said: “We are thrilled to welcome Gaurav to the executive team. Gaurav’s true visionary mindset combined with our suite of innovative technology and our continued investment in technology is a step towards our commitment to create world-class solutions for financial services.

“I am certain that his deep and extensive experience spanning across financial services platforms will benefit us immensely as we at Poonawalla Fincorp aims to create digitally enabled robust technology driven financial services platform.”

Poonawalla Fincorp Group CTO Gaurav Sharma. Photo courtesy of Poonawalla Fincorp Limited/Business Wire India.

A mechanical engineer from IIT (Roorkee), Gaurav Sharma has more than 25 years of experience in bringing in transformation across multiple industry domains. His previous role was at L&T Financial Services as CTO in which was responsible for steering transformation initiatives cutting across various lines of businesses and functions.

Gaurav Sharma had also worked in the past with Max life as head of product development and Tata Consultancy Services (TCS) as technology lead.

Gaurav Sharma said: “I am excited to join Poonawalla Fincorp and play a role in the digital transformation journey. The digital revolution in financial services is changing the landscape of NBFCs and I am sure technology will be instrumental in the high-growth trajectory that we have envisaged for our businesses.

“I look forward to drawing from my prior experience and endeavor to guide the business to execute the company’s vision of becoming a leader in financial services.”