Krazybee appoints former Executive Director of RBI, G Gopalakrishna as Independent Director

Krazybee Services Private Ltd has announced the appointment of former executive director of Reserve Bank of India, G Gopalakrishna as an Independent Director.

Mr. Gopalakrishna has been a career Central Banker with RBI for over 33 years in various capacities and retired as Executive Director (ED) in 2014. During his stint as ED RBI, he was overseeing the Department of Banking Supervision, Dept. Of Non-Banking Supervision and Foreign Exchange Department, among others. He was later appointed as Director, Centre for Advanced Financial Research and Learning (CAFRAL) promoted by RBI (2014-17). Presently, he is also on the boards of a few other financial institutions and companies.

Speaking on the appointment of G Gopalakrishna, incumbent NBFC Director Vivek Veda said, “We are delighted to have Mr. G Gopalakrishna on our Board. His strong supervisory and regulatory background and significant experience in the finance industry will help the company achieve its ambition of becoming a trusted and performance-oriented consumer lending NBFC for all associated stakeholders.”

Commenting on the joining, Mr. G Gopalakrishna said, “Financial inclusion in a diverse demographic in India is the need of the hour. What impresses me about Krazybee Services Private Limited is not just the social sensitivity they have showcased by extending the credit line to consumers which are underserved largely by banking institutions & traditional NBFCs, but also the austerity with which they have managed their business and operations.”

The other members of the NBFC Board include Mr. Adesh Kumar Gupta (Non-executive), Mr. Abhishek Singhvi (Non-executive), and Mr. Madhusudan E (Executive).