Mumbai (Maharashtra) [India], August 17 (ANI/BusinessWire India): Vastu Housing Finance Corporation Limited, one of the country's leading digital-first housing finance companies has announced the appointment of Vishu Ramachandran on its Board as an Independent Director. Ramachandran is a globally acclaimed banker with hands-on experience in retail banking, risk management, operations, digital transformations, strategy, and corporate finance. He has worked for more than 35 years at Standard Chartered Bank in significant leadership roles and has been at the forefront of building the bank's franchise across Asia, the Middle East, and the African region. He is currently serving as a Non-Executive Board Member, Chairman of Board Risk Committee, Member of Audit Committee at Standard Chartered Bank Singapore Ltd. (SCBSL), and as the Board Chairman at Go Pik Connect Private Limited. Ramachandran is a Chartered Accountant from the Institute of Chartered Accountants of India and a graduate in Economics and Statistics from the University of Mumbai. Commenting on the appointment, Renuka Ramnath, Founder, MD, and CEO of Multiples Alternate Asset Management, and Chairperson, Vastu Housing Finance Corporation said, "We are very excited to have Vishu joining the Vastu Board, a global leader in banking. His wealth of experience of over three decades in various functions and geographies is unique, especially his forte in digital transformations. In Vishu, Vastu has found a perfect partner on its board in this ever-evolving space of digital-first housing finance." Sandeep Menon, Founder, MD and CEO, Vastu Housing Finance Corporation, said, "Currently Vastu is at an inflection point where we have built a strong franchise with great people, tech and best-in-class asset quality. Our focus will continue to remain on building a high-quality sustainable, scalable, predictable and profitable portfolio while adopting strong technology innovation, which has always been centric to Vastu's growth. I had the privilege of working under Vishu's leadership and learning from him extensively. It is an honour and priviledge to welcome Vishu on Vastu's Board. We at Vastu, are looking forward to learning from his vast global experience across all aspects of retail banking to support the continued growth story." On his appointment, Vishu Ramachandran said, "I am delighted and privileged to join the distinguished and illustrious Board of Vastu Housing Finance. The business Sandeep Menon, Sujay Patil, and their team have successfully built in a short span of time and the impact the company has created are highly impressive. India's financial services industry is transforming at a rapid pace across many dimensions. I see incredible opportunities for Vastu in this emerging world." Niren Shah, Managing Director, Head of Norwest Venture Partners India said, "Norwest is delighted to welcome Vishu Ramachandran as an Independent Director on the board of Vastu Housing. We believe Vishu is a tremendous addition to an already world-class board and that Vastu will gain immensely from Vishu's extensive experience and deep understanding of the Indian consumer finance markets." Backed by investors like Multiples Alternate Asset Management, Norwest Venture Partners, Creation Investments, IIFL Asset Management, Pramod Bhasin and Vikram Gandhi, Vastu has a consolidated asset under management (AUM) of c. INR 4100 crores as of July 2022. Vastu's Board members include Shyamala Gopinath, Vijay Kumar, Natrajan Ramakrishna, Rajasekhara Reddy, Sudhir Variyar, Tyler Day. For more details, visit https://www.vastuhfc.com/team This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

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Mumbai , Maharashtra , India , Singapore , Sudhir Variyar , Shyamala Gopinath , Vishu Ramachandran , Renuka Ramnath , Vikram Gandhi , Niren Shah , Sujay Patil , Pramod Bhasin , Rajasekhara Reddy , Vijay Kumar , Sandeep Menon , Board Risk Committee , Institute Of Chartered Accountants India , Go Pik Connect Private , University Of Mumbai , Vastu Housing Finance Corporation , Standard Chartered Bank , Businesswire India , Vastu Housing Finance Corporation Limited , Middle East , Non Executive Board Member , Audit Committee , Standard Chartered Bank Singapore , Board Chairman , Chartered Accountant , Chartered Accountants , Multiples Alternate Asset Management , Vastu Board , Vastu Housing , Managing Director , Norwest Venture Partners India , Independent Director , Norwest Venture Partners , Creation Investments , Natrajan Ramakrishna , Mumbai Maharashtra India , Ugust 17 Ani Businesswire India Vastu Housing Finance Corporation Limited , Ne Of The Country 39s Leading Digital First Housing Finance Companies Has Announced Appointment Vishu Ramachandran On Its Board As An Independent Director Isa Globally Acclaimed Banker With Hands Experience In Retail Banking , Risk Management , Operations , Digital Transformations , Strategy , Nd Corporate Finance He Has Worked For More Than 35 Years At Standard Chartered Bank In Significant Leadership Roles And Been The Forefront Of Building 39s Franchise Across Asia , The Middle East , Nd The African Region He Is Currently Serving Asa Non Executive Board Member , Hairman Of Board Risk Committee , Ember Of Audit Committee At Standard Chartered Bank Singapore Ltd Scbsl , Nd As The Board Chairman At Go Pik Connect Private Limited Ramachandran Isa Chartered Accountant From Institute Of Accountants India Anda Graduate In Economics And Statistics University Mumbai Commenting On Appointment , Founder , D , Nd Ceo Of Multiples Alternate Asset Management , Nd Chairperson , Astu Housing Finance Corporation Said , Uot We Are Very Excited To Have Vishu Joining The Vastu Board , A Global Leader In Banking His Wealth Of Experience Over Three Decades Various Functions And Geographies Is Unique , Specially His Forte In Digital Transformations Vishu , Astu Has Founda Perfect Partner On Its Board In This Ever Evolving Space Of Digital First Housing Finance Quot Sandeep Menon , Md And Ceo , Aid , Uot Currently Vastu Is At An Inflection Point Where We Have Builta Strong Franchise With Great People , Ech And Best In Class Asset Quality Our Focus Will Continue To Remain On Buildinga High Sustainable , Scalable , Redictable And Profitable Portfolio While Adopting Strong Technology Innovation , Hich Has Always Been Centric To Vastu 39s Growthi Had The Privilege Of Working Under Vishu Leadership And Learning From Him Extensively It Is An Honour Priviledge Welcome On Board We At , Re Looking Forward To Learning From His Vast Global Experience Across All Aspects Of Retail Banking Support The Continued Growth Story Quot On Appointment , Ishu Ramachandran Said , Uoti Am Delighted And Privileged To Join The Distinguished Illustrious Board Of Vastu Housing Finance Business Sandeep Menon , Nd Their Team Have Successfully Built Ina Short Span Of Time And The Impact Company Has Created Are Highly Impressive India 39s Financial Services Industry Is Transforming Ata Rapid Pace Across Many Dimensionsi See Incredible Opportunities For Vastu In This Emerging World Quot Niren Shah , Ead Of Norwest Venture Partners India Said , Uot Norwest Is Delighted To Welcome Vishu Ramachandran As An Independent Director On The Board Of Vastu Housing We Believe Isa Tremendous Addition Already World Class And That Will Gain Immensely From 39s Extensive Experience Deep Understanding Indian Consumer Finance Markets Quot Backed By Investors Like Multiples Alternate Asset Management , Iifl Asset Management , Ramod Bhasin And Vikram Gandhi , Astu Hasa Consolidated Asset Under Management Aum Ofc Inr 4100 Crores As Of July 2022 Vastu 39s Board Members Include Shyamala Gopinath , Yler Day For More Details , Isit Https Www Vastuhfc Com Team This Story Is Provided By Businesswire India Ani Will Not Be Responsible In Any Way For The Content Of Article ,