India Mortgage Guarantee Corporation ropes in Anubhav Verma as its Chief Alliance Officer

India Mortgage Guarantee Corporation (IMGC) has appointed Anubhav Verma as Chief Alliances Officer.

In his new role at IMGC, Verma will be responsible for delivering IMGC’s revenue ambitions by on-boarding Banks, NBFCs and Housing Finance Companies. He will also be responsible for product development and marketing strategy.

Speaking on the development, Mahesh Misra, CEO, IMGC said, "We are delighted to welcome Anubhav to the IMGC fold. He joins us with a proven track record across organisations. There is considerable lender interest in using mortgage guarantees as an effective credit enhancement tool, especially for untapped segments. We expect a near 2-fold jump in originations largely driven by affordable housing. We look forward to Anubhav leading IMGC’s client acquisition journey as we embark on another phase of strong growth.

Verma comes with over 19 years of experience in Business development, client servicing, and product management across the BFSI and Insurance sector. Prior to joining IMGC, he has worked with Clix Capital as Head Insurance & Customer Service. In addition to this, he has previously worked in several leadership roles with HDFC Life, ICICI Prudential Life Insurance, and Centurion Bank of Punjab.

Talking about his new role, Verma said that he is thrilled and looks forward to collaborating and advancing IMGC’s vision to empower the housing finance ecosystem by enabling lenders to enhance their credit offering. He further added that it is going to be an exciting journey in light of the opportunities that the Indian market presents.