IIFL Finance’s Saurabh Kumar Stepped Down As Business Head

Saurabh Kumar, Senior Management Personnel of IIFL Finance Limited, has stepped down as Business Head—Gold Loans and has moved into a leadership role within the group, effective October 14, 2024.

Saurabh Kumar has more than 20 years of experience in NBFC and retail banking. His expertise includes Gold Loans, Business Banking, Branch Banking, CASA, Sales, and Investment Products. He has grown branches, created sales channels, and scaled new verticals. He began his career with Godfrey Phillips India Ltd. and has since held executive positions at Muthoot Finance, ICICI Bank, and UB Group. At IIFL Finance Ltd., he is responsible for driving growth and profitability across business segments. Saurabh has a B.Sc. in Agriculture from G.B. Pant University and an MBA from the FORE School of Management.