Friday, Apr 19 2024 | Time 07:15 Hrs(IST)
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Business Economy


U GRO Capital appoints Amit Gupta as Chief Treasury Officer

Kolkata, Mar 2 (UNI) U GRO Capital, a BSE listed, sector focused small business lending fintech platform, on Tuesday, announced the appointment of Amit Gupta as Chief Treasury Officer.
In this role, he will build long term partnerships with Public & Private Sector Banks, Capital
Market linked borrowings, Development Financial Institutions and Banks for Co – Lending.
Prior to joining U GRO Capital, Amit served as the Head of Investment and Acquisition at
Shapoorji Real Estate Fund where he deployed more than USD 300 Million of capital from
the fund.
With over 17 years of experience, he is a seasoned financing professional who has worked
with large multinational & domestic banks, global real estate consultancy and marquee real
estate fund. His rich experience includes exposure to the entire range of wholesale banking
products including Rupee Loans, Foreign Currency Loans & related Hedging solutions,
Working Capital Solutions, Transactional Banking Products, among others.
Announcing the appointment, Shachindra Nath, Executive Chairman and Managing Director
of U GRO Capital stated, “We are glad to welcome Amit in our team, as the Chief Treasury
Officer. NBFCs business model is going through an exciting phase of transition wherein the
liability side for next decade would be driven more by off balance sheet partnership. Given
Amit’s experience, he would be an invaluable addition to the organization, considering the
depth of his knowledge and expertise as a financial professional. The entire management
team wishes him a successful journey at U GRO Capital.”
On the appointment, Amit Gupta said, “I am delighted to join U GRO Capital which is
closely working on a mission of solving the unsolved credit needs of small businesses
through its unique initiatives. I look forward to leverage my domain knowledge in further
strengthening the existing and prospective industry associations as well as supporting
the growth of treasury business of the organization.”
UNI BM
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