He was also associated with several important committees in forex markets, financial benchmarks, corporate bond markets, and other areas at the RBI and SEBI. He currently serves as the head of the SEBI Advisory Committees on Secondary Markets and Corporate Bonds
Yubi (formerly CredAvenue), a unified credit platform for lenders and corporates, has announced that Mr. Gurumoorthy Mahalingam, former SEBI board member has joined the company’s board as an Independent Director.
A veteran in the financial services sector, Mr. Mahaligam brings his experience in building regulations centered on fixed-income investments in the country to further enable Yubi’s mission of making fixed-income instruments mainstream. During his stint as a board member in SEBI, Gurumoorthy headed executive responsibilities, which included regulation of mutual funds, stock exchanges, corporate bond markets, and foreign portfolio investors.
He was also associated with several important committees in forex markets, financial benchmarks, corporate bond markets, and other areas at the RBI and SEBI. He currently serves as the head of the SEBI Advisory Committees on Secondary Markets and Corporate Bonds.
Gaurav Kumar, Founder and CEO, Yubi said, “Deepening of Debt markets is at the core of Yubi’s mission. With Mr. Mahalingam’s esteemed leadership, we aim to build the required technology and product infrastructure to make debt financing more accessible. His guidance will be instrumental in not only building Yubi but taking fixed-income investments to every household in the country.”
Commenting on the appointment, Gurumoorthy Mahalingam added, “Yubi has been consistently pushing the boundaries of financial inclusivity in India by solving for credit access in the country and addressing gaps in financial market development through its robust infrastructure. I look forward to joining the board of a company whose values and vision are unmatched and align with accelerating the Indian economy.”