LenDenClub appoints Ashish Jain as its new Chief Business Officer

LenDenClub, India’s largest peer-to-peer lending platform, announced the appointment of Ashish Jain as its new Chief Business Officer - Investments. Ashish would be responsible for enhancing the channel partner network that will help financial advisors provide alternative investment opportunities to allocate their clients’ assets. In addition, expanding key partnerships across the distribution landscape in order to make LenDenClub’s P2P lending offerings more accessible.

Commenting on his new role, Ashish said, “Financial awareness and digitization is seeing exponential growth in India led by the fintech revolution. LenDenClub is poised to make the most of this momentum and drive digital adoption for financial products with its innovative product offerings and I am thrilled to contribute immensely to this journey.”

Ashish has previously worked in some of India’s marquee firms like ICICI Bank, Franklin Templeton, and ICICI Prudential AMC across multiple geographies in Sales, Marketing & Distribution, and Channel Management.

He was previously associated with AU Small Finance Bank, where he was responsible for the product & distribution of investment products and set up the investment practice from scratch. He has been the brain behind setting up sales & distribution across geographies for leading Mutual Fund houses.

Bhavin Patel, Co-founder & CEO, LenDenClub, said, “We aspire to achieve $1 Billion in Loan disbursals this financial year. In the recent past, we have made certain strategic appointments, and Ashish’s addition to the team solidifies our commitment and focus towards our intended exponential growth. Given his expertise in the leading digital transformation on the retail banking side, Ashish will not just help bring a fresh perspective to our core business strategies, but will be a key driver in the growth of our Investments Business. I look forward to working closely with him and wish him all the best for the future.”