Avanse Financial Services, a leading NBFC, has announced the appointment of Achal Goel as the new Chief People Officer, with immediate effect.

Achal brings around 20 years of core industry HR expertise. He will assume the responsibilities of managing and overseeing an effective human resource strategy that aligns with the organization’s goals and objectives. His competencies encompass talent acquisition, managing employee relations, business partnering, talent management, stakeholder management, performance management, employee engagement, grievance redressal, and more.

Before his appointment, Achal served Kotak Mahindra Bank as Senior VP and National HR Leader for over 10 years. Previously, he worked with Citibank India in the capacity of Assistant Vice President Branch Head for around 9 years.

In his new role, Achal will operate from the Mumbai head office and lead the HR team in developing and implementing best practices, policies, and procedures to support the organization’s workforce. The company stated in an official statement, “He will spearhead people-centric strategies, bolstering company culture and employee experience. Additionally, he will oversee the Corporate Social Responsibility framework of the company by developing policies and initiatives in line with the organization’s ethical, sustainable, and environmental commitments to achieving holistic growth.”

Welcoming the new CPO on the leadership board, Amit Gainda, MD & CEO of Avanse, said, “We are pleased to welcome Achal to our leadership team. Having served in some of the major financial institutions across various crucial verticals, Achal is well-placed to leverage his vast experience in enabling business transformation through people and technology. We believe that his in-depth expertise will further strengthen the core of the organization – PEOPLE-CENTRICITY. Our focus as an organization will always remain on fostering a symbiotic environment for our employees that will enhance their overall learning curve, resulting in ‘Return on Intelligence’ while enabling ‘Return on Capital’ for stakeholders. We are confident that Achal’s leadership will empower us to bring innovative perspectives and strategies to boost our HR function with a focus on growth, diversity, equity, and inclusion. This will further positively impact the progress and advancement of the organization in the long run, making it a great place to work. We look forward to working with Achal and successfully implementing his comprehensive insights to strengthen our purpose of democratising education and education lending.”