SaaS company Lentra adds CFO and CHRO

Haribandhu Patra and Bhuvaneswar Naik have been appointed as the Chief Financial Officer (CFO) and Chief Human Resource Officer (CHRO), respectively, of the digital lending cloud platform Lentra.

Lentra stated in a statement that the new appointments will aid in accelerating the company's growth as it broadens its presence in India and around the world.

Haribandhu Patra has more than 20 years of experience managing finance teams at various international companies that develop financial technologies. He will concentrate on raising shareholder value at Lentra.

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He previously served for ten years as the CFO and COO of Fiserv India, where he concentrated on the financial, tax, legal, and administrative functional areas. Additionally, he has held the position of CFO at prestigious financial companies like BNY Mellon and the Barclays Technology Centre in India.

“As Lentra embarks upon the next phase of the growth journey, delivering value to all our stakeholders, including associates, clients, and shareholders along with the company’s financial wellness and regulatory compliance will be the key focus area for me,” said Haribandhu Patra.

Bhuvaneswar Naik has over 25 years of management experience in human resource management at top international technology companies. Naik provides extensive experience in developing vibrant company cultures and international talent management initiatives. At numerous multinational companies, including SAP, Capgemini, and Yahoo, he has held numerous senior and global leadership positions.

“Today, it has become extremely crucial for businesses to foster a healthy and supportive relationship with their employees. As Lentra continues to create new generation technology solutions, my aim will be to guide the company’s cultural evolution and attract and retain high-performing talent. I consider this move an opportunity to join hands with the leadership team of Lentra to support the brand in creating a niche for itself in the arena of digital lending,” said Bhuvaneswar Naik.

Lentra is driving lending into the future with its simple, configurable, and secure technology platform that helps accelerate embedded banking with speed at scale.

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“Hari and Bhuvan are industry veterans who have scaled many global technology organisations. Their track records of consistent results and dynamic leadership will solidify our position for long-term success,” said Shrihari Gokhale, COO, Lentra.

About Lentra

Lentra is transforming the lending space with a SaaS model that simplifies the digital inclusion, makes loan approvals faster and seamless than ever before. Powered by AI, ML and Blockchain technologies, Lentra’s API-driven modular architecture helps banks create tailored lending products and customer experiences with an astounding 96% STP rate, all resulting in increased access to the new customer base, reduced NPAs, and improved operational efficiencies.