Mumbai, Maharashtra, India, December 2024 – TransUnion CIBIL Limited, a leader in credit information and insights in India, has announced the appointment of Bhavesh Jain as its new Managing Director and CEO. With over two decades of experience in financial services and a proven track record of driving strategic growth, Jain takes on this pivotal role to lead the organization in its mission to empower financial inclusion and deliver cutting-edge credit solutions.
Jain succeeds after serving as Chief Revenue Officer at TransUnion CIBIL, where he played a key role in enhancing financial literacy and broadening credit accessibility across India. His leadership is expected to further solidify CIBIL’s position as a trusted partner to the financial services sector, while driving innovation and operational excellence.
Bhavesh Jain brings a wealth of expertise spanning over 20 years, including eight years with TransUnion CIBIL Limited. Most recently, as Chief Revenue Officer, he led P&L responsibilities and collaborated with financial institutions and fintech companies to foster financial inclusion through technology and analytics.
Prior to this, Jain served as Vice President at TransUnion CIBIL, where he was instrumental in creating solutions for key sectors such as insurance and telecom, significantly contributing to the organization’s revenue growth.
Before joining TransUnion CIBIL, Jain held the role of Head of Sales – Risk, South Asia at Thomson Reuters, where he managed sales strategies across the region. He also gained valuable leadership experience at Citifinancial Consumer Finance India Ltd., where he oversaw sales operations in Western Mumbai, and began his career as a Management Trainee at KONE, focusing on business development.
About TransUnion CIBIL Limited
TransUnion CIBIL Limited is India’s leading credit information company and a trusted partner to the financial services sector. By leveraging advanced analytics, cutting-edge technology, and comprehensive data insights, CIBIL empowers businesses to manage risk, optimize lending strategies, and improve portfolio profitability.
CIBIL’s contributions have been instrumental in driving retail credit growth in India, with innovations that have accelerated credit accessibility and reduced loan processing times. The company remains committed to fostering financial literacy and inclusion while supporting the aspirations of over 1.2 billion citizens in India.
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