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Deepak Patkar joins Fullerton India as chief risk officer

He joins from Magma Fincorp Ltd.

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New Delhi: Fullerton India Credit Company Limited (Fullerton India) on Monday announced the appointment of Deepak Patkar as its chief risk officer. Patkar will now head the risk, collections, information security, legal, and analytics function of the company.

He rejoins the Fullerton India family after a span of three years. Prior to this, Patkar worked at Magma Fincorp Limited as EVP and chief risk officer and went on to lead their asset financing business as chief executive officer.

He has over 25 years of experience across various disciplines such as business and risk management, audit, sales, and quality assurance across multiple industries. He has worked with leading companies such as Citibank, HCL Infosystems, and Cable Corporation of India, said the company.

Fullerton India, CEO and MD, Shantanu Mitra, said, “Having worked with him in the past, we are confident that he will help us manage our risk functions and the other critical departments efficiently. During his previous stint at Fullerton India, Deepak was responsible for driving a strong culture of business enablement with risk measures backed by analytics, which had a profound and positive effect on the company.”

Patkar said he is excited to be back at Fullerton, India. “I have always had a strong bond and fond memories with the Fullerton India team. I am honored to lead the responsibilities I have been entrusted with and will help this company grow from strength to strength during the current scenario,” he said.

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