Aalekh V.
About Aalekh V.
Aalekh V. serves as the President of AU Small Finance Bank, where he has significantly contributed to credit policy development and team expansion since 2014. He has prior experience in credit management roles at IIFL, DSP Merrill Lynch, and ICICI Bank.
Work at AU SMALL FINANCE BANK
Aalekh V. currently serves as President at AU Small Finance Bank, a position he has held since 2014. In this role, he has been instrumental in developing credit policies and processes for Government Backed Guarantee Business Loans. He has collaborated with multiple departments, including Business, Product, Operations, Collections, and Risk Management, to enhance the bank's credit management framework. His responsibilities also include interacting with stakeholders, board members, risk and audit committees, and investors, ensuring effective communication and strategic alignment across the organization.
Previous Experience in Credit Management
Before joining AU Small Finance Bank, Aalekh V. worked as a Regional Credit Manager at IIFL (India Infoline Group) from 2007 to 2014 in Ahmedabad, Gujarat. He played a significant role in shaping credit policies during his tenure. Additionally, he briefly held the position of Regional Credit Manager at DSP Merrill Lynch Limited in 2007. His career began at ICICI Bank, where he worked as Branch Credit Manager for Home Loans from 2002 to 2007 in Rajasthan, accumulating extensive experience in credit management.
Education and Expertise
Aalekh V. is a qualified Chartered Accountant, having studied at The Institute of Chartered Accountants of India from 1998 to 2001. This educational background has provided him with a strong foundation in financial principles and practices, which he has applied throughout his career in various credit management roles. His expertise encompasses credit policy development, risk management, and team development within the banking sector.
Contributions to Credit Management Framework
At AU Small Finance Bank, Aalekh V. has been a key figure in expanding the underwriting framework. He has focused on hiring and developing a team to support this initiative. His collaborative efforts with different departments have contributed to a more robust credit management framework, enhancing the bank's ability to assess and manage credit risk effectively.