Mumbai-based enterprise-tech solution providers in supply chain finance (SCF), Veefin, has appointed SCF industry veteran Sandeep Kakkar as its chief business officer.
In this role, Kakkar will be responsible for leading the company’s sales performance across domestic and global markets.
Kakkar has a proven experience of 24 years in commercial banking, structured trade finance, and supply chain finance across organisations like RBS (erstwhile ABN AMRO), Aditya Birla Finance as head of the SCF department, and Axis Bank.
A post-graduate from NMIMS, Kakkar’s practical SCF knowledge will be instrumental in catalysing Veefin’s growth plans.
“Supply chain finance is currently one of the hottest topics in the banking world and we are seeing great traction. Sandeep’s extensive experience and leadership will, without doubt, help the team optimize global opportunities and create a fine-tuned process to gain more landscape in this domain,” said Raja Debnath-Director, Veefin.
“Veefin has been in the financial technology space for some time and has in a short time become one of the most bankable platforms for supply chain finance. I am glad to be a part of this dynamic team eager to apply experience with novel & state of the art implementations to make SCF easier for banks and financial institutions. I am excited to be a part of this talented and fast-growing team,” added Kakkar .
Veefin claims to offer financiers the most comprehensive SCF product range with the shortest implementation timelines. It makes supply chain finance and lending easier for banks and financial establishments.
“With a wide bouquet of offerings to cater to different supply chain structures, Veefin SCF aims to integrate all stakeholders onto a single digital platform to ensure smooth processes and transaction flows and make SCF accessible to financiers of all sizes,” the company said in a statement.