Fullerton India Credit Company Limited (Fullerton India), a leading Non-Banking Financial Company with a strong Pan-India presence, announced the appointment of Mr. Shantanu Mitra as the new CEO & MD of the company with effect from 2nd April, 2021.

Shantanu has over 40 years of experience in financial services, with over 20 years at Standard Chartered and Citibank where he had stints in India, Singapore and Thailand. His last role in Standard Chartered was Senior Regional Risk Officer, India, Middle East & Africa, based in Mumbai. His previous experience with Fullerton included a stint from 2010 to 2017, initially as Head of Consumer Risk for the parent company Fullerton Financial Holdings, Singapore and subsequently a very successful tenure as CEO & MD with Fullerton India.

Speaking on the appointment of Shantanu, Mr. Shirish Apte, Chairman of FICC Board, said, “On behalf of the Board of Fullerton India, I would like to extend a very warm welcome to Shantanu. I am confident that Shantanu’s diverse leadership experience in the areas of digital, risk and people management will inspire Fullerton India to continue to grow its businesses and deepen its leadership positions in key products and geographies while maintaining a strong governance and risk culture as well as accelerate Fullerton India’s digital journey” 

Mr. Yeo Hong Ping, Deputy Chairman of FICC Board and Non-Executive Director, said, “Fullerton India is Fullerton Financial Holdings’ (FFH) flagship portfolio entity.  We remain excited with its long term potential and believe Shantanu will be able to lead the franchise towards even greater success.”

On his new role, Shantanu said, “I am honored and excited to re-join an organization of such rich legacy and filled with dedicated individuals. I look forward to working with the Fullerton family and put in place strategies to propel the company’s businesses to even greater heights amidst the challenges faced in the BFSI sector.”