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Tag: Banking

  • EarlySalary.com appoints Vimal Saboo as chief business officer

    EarlySalary.com appoints Vimal Saboo as chief business officer

    MUMBAI: EarlySalary.com, a mobile app that gives instant cash has announced the appointment of Vimal Saboo as the company’s Chief Business Officer (CBO). This is a strategic hire as part of the company’s growth plans post the launch in February this year.

    Vimal Saboo is a Chartered Accountant and comes with an experience of 18 years in banking & credit domain. At EarlySalary.com, he will focus in building Credit Risk Profiling System and spearhead Credit Risk, Underwriting & Operations. EarlySalary today boasts of 10 minutes underwriting and is planning to build Real-Time Credit Approval Engines and Loan Approval Systems. His exposure to such business in the past will be a big boost to the business.

    Commenting on the appointment, EarlySalary.com co-founder and CEO Akshay Mehrotra said, “We are thrilled to have Vimal Saboo join the leadership team and look forward to his strategic contribution to our continued transformation of becoming a leading FinTech player in India. He brings with him a legacy of outstanding experience in the finance business that will be instrumental in the growth of our business.”

    “FinTech is on the edge of disrupting the Banking Ecosystem, I am very glad to be part of EarlySalary and believe that Technology will disrupt the way lending business is done in India with the help of usage of various analytical technology e.g. Artificial Intelligence, neural network, etc. In India, these technologies are at a nascent stage but use of such technologies is increasing rampantly. One such distinguished example has been set by EarlySalary.com, by solving the cumbersome process of getting loans from banks. I am excited to join the team and look forward to working with them to help realize the company’s mission of becoming a leading FinTech company in India”, added Saboo.

    Prior to joining EarlySalary.com, Saboo was associated with Edelweiss group as the senior vice president, Axis Bank as the vice president and head-analytics, ICICI Bank as the chief manager, and L&T-John Deere Ltd. With Axis Bank, he was liable for entire credit decisioning, formulating policies relating to credit card sourcing, authorization center and analytics function for the cards team. While at ICICI Bank, he was exposed to all functions of credit card operations.

  • EarlySalary.com appoints Vimal Saboo as chief business officer

    EarlySalary.com appoints Vimal Saboo as chief business officer

    MUMBAI: EarlySalary.com, a mobile app that gives instant cash has announced the appointment of Vimal Saboo as the company’s Chief Business Officer (CBO). This is a strategic hire as part of the company’s growth plans post the launch in February this year.

    Vimal Saboo is a Chartered Accountant and comes with an experience of 18 years in banking & credit domain. At EarlySalary.com, he will focus in building Credit Risk Profiling System and spearhead Credit Risk, Underwriting & Operations. EarlySalary today boasts of 10 minutes underwriting and is planning to build Real-Time Credit Approval Engines and Loan Approval Systems. His exposure to such business in the past will be a big boost to the business.

    Commenting on the appointment, EarlySalary.com co-founder and CEO Akshay Mehrotra said, “We are thrilled to have Vimal Saboo join the leadership team and look forward to his strategic contribution to our continued transformation of becoming a leading FinTech player in India. He brings with him a legacy of outstanding experience in the finance business that will be instrumental in the growth of our business.”

    “FinTech is on the edge of disrupting the Banking Ecosystem, I am very glad to be part of EarlySalary and believe that Technology will disrupt the way lending business is done in India with the help of usage of various analytical technology e.g. Artificial Intelligence, neural network, etc. In India, these technologies are at a nascent stage but use of such technologies is increasing rampantly. One such distinguished example has been set by EarlySalary.com, by solving the cumbersome process of getting loans from banks. I am excited to join the team and look forward to working with them to help realize the company’s mission of becoming a leading FinTech company in India”, added Saboo.

    Prior to joining EarlySalary.com, Saboo was associated with Edelweiss group as the senior vice president, Axis Bank as the vice president and head-analytics, ICICI Bank as the chief manager, and L&T-John Deere Ltd. With Axis Bank, he was liable for entire credit decisioning, formulating policies relating to credit card sourcing, authorization center and analytics function for the cards team. While at ICICI Bank, he was exposed to all functions of credit card operations.

  • IAA reveals categories for 2nd edition of IAA Leadership Awards

    IAA reveals categories for 2nd edition of IAA Leadership Awards

    MUMBAI: The International Advertising Association’s (IAA) India chapter revealed the categories for the second edition of the IAA leadership awards. Presented by India’s leading Hindi General Entertainment Channel COLORS, these awards celebrate the outstanding contribution made by marketing, advertising and media professionals by honouring them on a common platform. After a successful first edition of the IAA Leadership Awards held last year, this year, the Awards will expand its scope to recognize excellence across 21 Categories namely:

    IAA categories:

     

    1. Marketer of the Year – Banking

     

    2. Marketer of the Year – Insurance

     

    3. Marketer of the Year – Auto: 2 Wheeler

     

    4. Marketer of the Year – Auto: Passenger Vehicles

     

    5. Marketer of the Year – Mobile Services

     

    6. Marketer of the Year – Mobile Devices

     

    7. Marketer of the Year – FMCG: Personal Care, Laundry and Toiletries

     

    8. Marketer of the Year – FMCG: Foods & Beverages

     

    9. Marketer of the Year – FMCG: Consumer Durables

     

    10. Marketer of the Year – Home Improvement

     

    11. Marketer of the Year – Household Products

     

    12. Marketer of the Year – Ecommerce

     

    13. Media Agency Head of The Year

     

    14. Creative Agency Head of The Year

     

    15. CEO of The Year

     

    16. Media Person of The Year

     

    17. TV Anchor of The Year

     

    18. Editor of The Year

     

    19. Hall Of Fame

     

    20. Brand Ambassador OF The Year – Male

     

    21. Brand Ambassador OF The Year – Female

     

    Announcing these categories Srinivasan Swamy, President IAA India and VP-Development, IAA Asia Pacific, and Chairman, R K SWAMY BBDO commented “after the great response we received for the first edition of the IAA Leadership Awards, we have made some marginal changes in categories this year to take into account some feedback received. The final winners are being determined now on a number of product and service categories and of course some Awards for senior practitioners. The IAA Leadership Awards is our endeavour to recognize and salute these outstanding talent which has made impactful contributions in the market space and the companies and brands they led.”

     

    To ensure the authenticity and credibility of the awards and maintain the highest level of transparency at all stages, IAA had a task force which looked at various performance criteria in every category under consideration, like revenue/market share growth, marketing initiatives undertaken, innovative schemes, launches, advertising spends etc to shortlist the nominees. Nielsen (India) Private Limited was engaged thereafter to have the nominees voted upon by senior marketers from the same industry to pick the final winner. Ernst & Young LLP will look at the process to satisfy itself of its fairness and will officially tabulate the results.

     

    The IAA Leadership Awards, this year, are scheduled to be held on 1 March 2014 at Grand Hyatt, Mumbai. Honourable Union Minister of State for Information and Broadcasting, Sri Manish Tewari will grace the occasion as the Chief Guest. The awards night will be attended by the cr?me de la cr?me of the marketing, advertising and media fraternity to see some of their leaders carry home coveted trophies.

  • Prime Focus appoints Vikas Rathee as group COO

    Prime Focus appoints Vikas Rathee as group COO

    MUMBAI: Prime Focus today announced the appointment of Vikas Rathee, an investment banking and corporate finance professional as its group chief operating officer.

     

    Rathee brings with him more than a decade of experience working with leading companies in the TMT (telecom, media and technology) sector with proven relationships and in-depth understanding of industry dynamics across US, Europe and Asia.

     

    In his new role, Rathee, will work as part of Prime Focus’ corporate leadership to position Prime Focus among target customers as a key strategic partner as well as the investor and financial community as an incredible growth story that is moving rapidly towards realising its full potential in the global media and entertainment universe.

     

     Announcing the appointment, Prime Focus founder Namit Malhotra said, “Vikas is a seasoned professional with unique combination of industry knowledge, corporate finance and capital markets experience, and M&A expertise who joins us at a perfect time, when we are at the cusp of our next aggressive wave of growth.  His inter-cultural global work experience and eye for investment opportunities are in-sync with our planned growth strategy. I have huge confidence in Vikas’ ability to accelerate Prime Focus’ growth momentum in the coming years.”

     

     Prime Focus India CEO Ramki Sankaranarayanan said, “Vikas coming on broad has strengthened our leadership team and will accelerate our next wave of growth. He comes with strong knowledge of both media and IT that is a key differentiator for PFT as well. As Prime Focus grows from strength to strength, Vikas’ addition will be important in helping the team manage the business with discipline, diligence and dynamism. His industry networks and relationships globally will act as catalyst to the growth of Prime Focus”  

     

     “I am delighted to be part of the world leader in media and entertainment industry services, Prime Focus. As an investment banking professional focused on the TMT space, I have closely watched the growth, consolidation and evolution of this dynamic sector on a global scale. Prime Focus, through the last decade and a half, has made a significant contribution to this evolution not only in India, but is now also having a profound impact on the international media and entertainment industry as well. Today as a unique service provider straddling creative and technology domains, and working with some of the biggest names in this seamless global industry, Prime Focus is all set to fuel growth to the next level. I look forward to working with Namit and Ramki in making this vision a reality.” said Rathee, on his appointment.

     

    Vikas is an MBA in Finance and CFA, and comes with over 16 years of experience covering stints at Suzlon, Bank of America Merrill Lynch and ABN AMRO.

  • Doordarshan to telecast RBIQ this year

    Doordarshan to telecast RBIQ this year

    MUMBAI: A partnership between RBI and Doordarshan led to the production of the second edition of the quiz conducted by RBI called RBIQ. The quiz that was conducted across 4,000 schools in 42 cities saw the finals being held at the Doordarshan studio in Mumbai, the production for which was done by DD on 2 October. It has recently revamped its whole studio by making it HD friendly.

     

    The inter-school quiz was started last year to impart financial literacy to the country’s students. RBI governor Raghuram Rajan was present for the finale that saw the students of Maharshi Vidyamandir Public School of Guwahati take home the trophy. Questions asked were from the fields of banking, finance and general knowledge.

     

    The show will be telecast on DD in the coming few weeks, the date is not yet finalised. Last year, it was telecast on Zee Business. The number of students participating this year was up by 1,000.