Bengaluru, Karnataka, India, August 2026 — Northern Arc Capital has elevated Shashank Shekhar to the role of Vice President, recognizing his strong contribution to building strategic lending partnerships and expanding the company’s credit solutions platform.
In his new role, Shashank will lead co-lending partnerships across South India, focusing on consumer finance, personal loans, and small business lending. He will be responsible for strengthening strategic alliances, expanding lending opportunities, and managing a portfolio with assets under management exceeding ₹2,500 crore, supporting Northern Arc Capital’s mission of increasing access to formal credit across underserved segments.
Shashank has been with Northern Arc Capital for nearly four years. Prior to his promotion, he served as Deputy Vice President, where he led business development and strategic partnerships for the company’s Supply Chain Financing business. During this period, he played a pivotal role in building scalable B2B lending solutions, originating structured financing transactions, strengthening relationships with corporates, fintechs, and intermediaries, and launching new products including factoring and co-lending offerings. He also worked closely with credit and risk teams to develop innovative financing solutions and drive portfolio growth.
Before joining Northern Arc Capital, Shashank served as Senior Relationship Manager at Standard Chartered Bank, where he focused on developing banking relationships with startups and new-age businesses. Earlier, he was Senior Manager at KredX, leading new product development and business strategy initiatives. His previous experience also includes relationship management roles at ICICI Bank, where he specialized in cross-border transactions, cash management solutions, and business lending, and Account Manager at Bharat Forge Ltd., driving new business development and account management.
Shashank holds a Post Graduate Program in Management (PGPM) from the Indian Institute of Management Indore and a Bachelor of Engineering in Mechanical Engineering from Birla Institute of Technology, Mesra.
About Northern Arc Capital
Northern Arc Capital Limited (NACL) is a diversified financial services platform focused on expanding access to credit for individuals and businesses across India. The company operates a differentiated model that combines Direct-to-Customer (D2C) lending with Credit Solutions for Origination Partners, enabling broader financial inclusion across MSME, consumer, and rural segments.
Through a nationwide network of 432 branches, 57 digital partnerships, and 373 origination partners, Northern Arc has facilitated financing of approximately ₹2.5 lakh crore, positively impacting more than 140 million lives. The platform manages assets aggregating ₹19,843 crore, supported by technology-driven underwriting, deep sector expertise, and strong institutional backing from leading global investors including LeapFrog Investments, Affirma Capital, Eight Roads, IFC, and SMBC.
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