Jio Financial Services appoints Venkata Peri as group chief operating officer

Jio Financial Services has appointed Venkata Narasimham Peri as its group chief operating officer which strengthening its leadership as the company expands its financial services and tech-driven offerings.

The board approved Peri’s appointment on 17 December and he will assume the role from 22 December. The position had been vacant for several months after a leadership reshuffle earlier this year.

Peri has been with Jio Financial since October 2024 as a senior executive advisor. In this role, he helped the CEO, CTO, and analytics team plan and implement AI and analytics capabilities across the group.

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Venkata Narasimham Peri brings over 25 years of experience in finance, technology, and advisory roles. Before joining Jio Financial, he founded and led the US based health tech firm CognitiveCare for six years and served as chief AI officer at the L V Prasad Eye Institute.

Earlier in his career, Peri held senior positions at IBM, Deloitte and PwC, advising boards and top management on finance, risk, technology and analytics, mainly in banking and insurance. He holds a master’s degree from the London School of Economics and an MCA from NIT Rourkela and has been involved in academic and governance roles at Indian institutions.

The group COO role was previously held by Charanjit Singh Attra, former CFO of State Bank of India who moved to lead Jio Leasing Services in July 2024 before leaving later in the year for EY. Since then, operational responsibilities were managed by MD & CEO Hitesh Sethia and CFO Abhishek Pathak.

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Peri’s appointment comes as Jio Financial accelerates both its core financial services operations and its focus on AI-driven solutions. Earlier this month, the company invested ₹230 crore in two joint ventures with global asset manager BlackRock—Jio BlackRock Asset Management and Jio BlackRock Investment Advisers—with BlackRock matching the investment.

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