A private lending platform for small businesses, U GRO Capital has announced the appointment of Amit Gupta as Chief Treasury Officer.
“In this role, he will build long-term partnerships with Public & Private Sector Banks, Capital Market linked borrowings, Development Financial Institutions and Banks for Co – Lending,” the company in its statement said.
Before joining U GRO Capital, Amit served as the Head of Investment and Acquisition at Shapoorji Real Estate Fund where he deployed more than USD 300 Million of capital from the fund. With over 17 years of experience, he is a seasoned financing professional who has worked with large multinational & domestic banks, global real estate consultancy, and marquee real estate funds.
His rich experience includes exposure to the entire range of wholesale banking products including Rupee Loans, Foreign Currency Loans & related Hedging solutions, Working Capital Solutions, Transactional Banking Products, among others.
Speaking on the appointment, Shachindra Nath, Executive Chairman & Managing Director of U GRO Capital stated, “We are glad to welcome Amit in our team, as the Chief Treasury Officer. NBFCs business model is going through an exciting phase of transition wherein the liability side for next decade would be driven more by the off-balance-sheet partnership.”
“Given Amit’s experience, he would be an invaluable addition to the organization, considering the depth of his knowledge and expertise as a financial professional. The entire management team wishes him a successful journey at U GRO Capital,” Nath added.
Commenting on the joining, Amit Gupta said, “I am delighted to join U GRO Capital which is closely working on a mission of solving the unsolved credit needs of small businesses through its unique initiatives. I look forward to leveraging my domain knowledge in further strengthening the existing and prospective industry associations as well as supporting the growth of treasury business of the organization.”