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IIFL Finance Names Richa Sachdeva Chatterjee As President and CHRO

Chatterjee was previously the head of HR at Network18’s Digital, Print and Publishing businesses, preceded by senior roles at Viacom18, Boston Consulting Group (BCG) and Tata Motors

IIFL Finance Ltd, one of India’s largest non-banking financial companies today said that it has appointed Ms. Richa Sachdeva Chatterjee as President and Chief Human Resources Officer (CHRO). Chatterjee was previously the head of HR at Network18’s Digital, Print and Publishing businesses, preceded by senior roles at Viacom18, Boston Consulting Group (BCG) and Tata Motors.

Chatterjee is a seasoned HR leader who draws on her 16 years of experience of being an impact-oriented, trusted advisor to senior leaders across a variety of Indian and MNC organizations. She is passionate about effectively aligning people strategy with business objectives and in enabling individuals to unleash their inherent potential. 

Chatterjee has done her MBA in HR from Management Development Institute (MDI), Gurgaon, and BA in Mathematics (Honours) from Lady Shriram College (LSR) College in Delhi.

Nirmal Jain, Founder and Chairman of IIFL Group welcomed her appointment and said, “Richa, with her vast experience across diverse industries and work cultures will drive the talent strategy of IIFL Finance to enable us to enter the next orbit of growth.”

Commenting on the appointment Richa Sachdeva Chatterjee said, “I am honoured and excited to be a part of IIFL group which stands for sustainable value creation for all our stakeholders and is financing the dreams of millions of Indians -enabling them to explore limitless possibilities and enrich their lives.”

IIFL Finance is a major employer in the financial services space in India and has nearly 24,000 employees in 2,914 branches across India. The firm added over 4,000 employees in the first six months of the current financial year ending September 30, 2021. 

IIFL Finance’s loan asset under management was Rs 44,249 crores at the end of September 30, 2021. The company’s bouquet of products includes home loans, loan against property, gold loans, SME loans, and microfinance loans. The company’s profit after tax stood at Rs 557 crores for the April –September period of 2021, up 128% over the same period a year ago.