Appointment

TAB Capital ropes in V.S. Krishna Kumar, former executive dir. of Canara Bank as their Independent Director

V.S. Krishna Kumar, Independent Director, TAB Capital
V.S. Krishna Kumar, Independent Director, TAB Capital

TAB Capital, a Digital Lending NBFC for financing needs of MSMEs & professionals, has named V.S. Krishna Kumar as an Independent Director.

A B.Sc. LLB, Kumar has over 34 years of Banking experience, with Canara Bank, its subsidiaries like Canbank Venture capital fund, Canara HSBC OBC Insurance company, Canara Bank Securities, Canara Robeco Mutual Fund etc. & Allahabad Bank.

He has proven expertise in the field of Prime Corporate Credit, Financial Management & Subsidiaries, Information Technology & Transaction Banking, Vigilance and Human Resources Management. His rich experience has been well spanned across different Branches, Zonal and Head Offices in various geographic locations, including the West, East, Central and South India.

Commenting on his appointment, CA Abhay Bhutada, Chairperson & MD, TAB Capital, said, “We are glad to welcome Mr. V.S. Krishna Kumar on board and join our team of driven and earnest professionals. While his credentials and professional odyssey carry a strong testament of his merit, I believe his efforts and expertise are going to be instrumental in TAB Capital achieving its objective of AUM worth 500 crores by 2019.”

On joining the Pune-based NBFC, Krishna Kumar said, “The new-age lending platforms of today are endeavoring to fill up the credit deficit faced in the industry, especially in the tier-2 and 3 segments and the small-scale businesses. I share the TAB Capital’s vision of ushering in financial inclusion in the diverse and scattered Indian landscapes today. I look forward to my tenure with TAB Capital, and utilizing the esteemed platform created by CA Abhay Bhutada in bringing about financial inclusion in India.”

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