Grihum Housing Finance Names Arjun Chowdhry as New MD and CEO

Grihum Housing Finance is set to appoint Arjun Chowdhry, a former Citibanker, as its new managing director and CEO. He will join the company next month. Chowdhry's expertise in underwriting credit card customers will be valuable in shaping strategies for low-income clients. Grihum's current MD & CEO, Manish Jaiswal, will step down on August 31. Separately, Girish Kousgi is set to join IIFL Home Finance as its new CEO, following the resignation of Monu Ratra.

Grihum Housing Finance is set to appoint Arjun Chowdhry as its new managing director and CEO, effective next month. Chowdhry, previously a senior executive at Citibank, will bring his expertise in underwriting credit card customers to shape strategies for low-income clients. His appointment follows the resignation of current MD & CEO, Manish Jaiswal, who will step down on August 31 [1].

Separately, Girish Kousgi is set to join IIFL Home Finance as its new CEO, succeeding Monu Ratra, who resigned. Kousgi's appointment is a strategic move aimed at strengthening the company's position in the housing finance sector [2].

These leadership changes come at a time when both companies are seeking to expand their services and enhance their offerings to low-income clients. Chowdhry's experience in credit card underwriting will be crucial in developing tailored financial products for Grihum's target market. Similarly, Kousgi's background in the industry is expected to drive IIFL Home Finance's growth and innovation.

These appointments signal a shift in focus towards consumer-centric financial services, aligning with the broader trend of integrating digital and traditional financial systems. As the global interest in crypto-linked payment cards continues to grow, companies like Gemini and Ripple are pioneering new ways to bridge the gap between blockchain technology and mainstream finance [3].

References:
[1] https://coinedition.com/xrp-credit-card-gemini-ripple-partnership/
[2] https://coinedition.com/xrp-credit-card-gemini-ripple-partnership/
[3] https://coinedition.com/xrp-credit-card-gemini-ripple-partnership/