Milind Sarwate, former Chief Financial Officer of the Marico Group, has been roped in by the Rajesh Wadhawan Group, the promoters of home loan company Dewan Housing Finance Ltd (DHFL). While Sarwate has joined as member of its Group Management Centre, Ravishankar Gopalakrishnan, former acting CEO of Jet Airways, has also joined the group. As member of the GMC for financial services, Sarwate would look after strategy, while Ravishankar Gopalakrishnan has joined as member-finance. The Group’s flagship, DHFL was founded to provide financial access to people in the lower and middle income (LMI) segments.
Read the Hindu Business Line news report here.