Mumbai, Maharashtra, India:  Vastu Housing Finance Corporation Limited, one of the nation’s driving computerized first lodging finance organizations has reported the arrangement of Mr. Vishu Ramachandran on its Board as an Independent Director.

Mr. Ramachandran is a worldwide acclaimed broker with involved insight in retail banking, risk the board, tasks, computerized changes, system, and corporate money. He has worked for over 35 years at Standard Chartered Bank in huge positions of authority and has been at the forefront of building the bank’s establishment across Asia, the Middle East, and the African district. He is as of now filling in as a Non-Executive Board Member, Chairman of Board Risk Committee, Member of Audit Committee at Standard Chartered Bank Singapore Ltd. (SCBSL), and as the Board Chairman at Go Pik Connect Private Limited.

Mr. Ramachandran is a Chartered Accountant from the Institute of Chartered Accountants of India and an alumni in Economics and Statistics from the University of Mumbai.

Remarking on the arrangement, Ms. Renuka Ramnath, Founder, MD, and CEO of Multiples Alternate Asset Management, and Chairperson, Vastu Housing Finance Corporation said, “We are exceptionally eager to have Vishu joining the Vastu Board, a worldwide forerunner in banking. His abundance of involvement of north of thirty years in different capabilities and geologies is one of a kind, particularly his strong point in computerized changes. In Vishu, Vastu has found an ideal accomplice on its board in this consistently developing space of computerized first lodging finance.”

Mr. Sandeep Menon, Founder, MD and CEO, Vastu Housing Finance Corporation, said, “Right now Vastu is at an emphasis point where we have constructed areas of strength for a with extraordinary individuals, tech and top tier resource quality. Our spotlight will keep on leftover on building a top notch feasible, versatile, unsurprising and productive portfolio while taking areas of strength for on development, which has forever been driven to Vastu’s development. I had the honor of working under Vishu’s administration and gaining from him broadly. It is an honor and privilege to invite Vishu on Vastu’s Board. We at Vastu, are anticipating gaining from his huge worldwide experience across all parts of retail banking to help the proceeded with development story.”

On his arrangement, Mr. Vishu Ramachandran said, “I’m more than happy and advantaged to join the recognized and distinguished Board of Vastu Housing Finance. The business Sandeep Menon, Sujay Patil, and their group have effectively underlying a limited capacity to focus time and the effect the organization has made are profoundly great. India’s monetary administrations industry is changing at a fast speed across many aspects. I see mind blowing open doors for Vastu in this arising world.”

Mr. Niren Shah, Managing Director, Head of Norwest Venture Partners India said, “Norwest is more than happy to invite Vishu Ramachandran as an Independent Director on the leading body of Vastu Housing. We accept Vishu is a colossal expansion to a generally elite board and that Vastu will acquire tremendously from Vishu’s broad experience and profound comprehension of the Indian purchaser finance markets.”

Supported by financial backers like Multiples Alternate Asset Management, Norwest Venture Partners, Creation Investments, IIFL Asset Management, Mr. Pramod Bhasin and Mr. Vikram Gandhi, Vastu has a merged resource under administration (AUM) of c. INR 4100 crores as of July 2022. Vastu’s Board individuals include, Ms. Shyamala Gopinath, Mr. Vijay Kumar, Mr. Natrajan Ramakrishna, Mr. Rajasekhara Reddy, Mr. Sudhir Variyar, Mr. Tyler Day.

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About Vastu Housing Finance Corporation Limited

Vastu Housing Finance Corporation is a digital-first lodging finance organization, and has monetarily included over 39000+ clients having a month to month pay of USD 600. The honor winning exclusive innovation stage PULSE, has been the distinct advantage in assisting Vastu’s clients with assessing and exhibit their undocumented pay to benefit credit arrangements from the organization. Beat has empowered a totally paperless computerized insight for the clients which has assisted in quicker turnarounds with overhauling them better. As on March 2022, the Vastu has a resource under administration (AUM) of INR 3400 crores with top tier resource quality, more than 1500 representatives and presence in 13 states in India with 100 or more branches.

Media Contact Details

Prite Das

Vastu Housing Finance Corporation Limited

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