Balancehero India has appointed Jayesh Jain as its Group Chief Financial Officer (CFO). In his new role, Jain will be responsible for enhancing the company’s growth trajectory, a statement from the company said yesterday.
Prior to this, Jain served as the CFO at Hero FinCorp and PNB Housing, and was a key leader at Gruh Finance, bringing more than two decades of exceptional financial leadership experience to the Balancehero India team, the statement mentioned.
Regarding the appointment, Souparno Bagchi, Group Chief Operating Officer (COO), Balancehero, said in the statement, “We are delighted to welcome Jayesh as the Group CFO of Balancehero. We look forward to an exciting and mutually rewarding journey with him as we continue our mission of ‘Finance for All.’ Together, our commitment remains steadfast in making financial inclusion a reality for all.”
Jain’s extensive background in the financial sector includes significant accomplishments, such as leading the Initial Public Offering (IPO) of PNB Housing Finance that raised Rs 3,000 crore and capital worth Rs 4,000 crore for Hero FinCorp, the statement added.
Speaking on his appointment, Jain also stated in the statement, “I am delighted to become a part of the Balancehero team. I look forward to contribute to the company’s extraordinary vision of delivering cutting-edge innovative financial solutions to its target group. It’s a privilege to be a part of a mission that positively influences the financial lives of the next billion population in our country and foster financial inclusion across the nation.”
