Motilal Oswal Financial Services Ltd. has appointed Sanjay Athalye as the new Managing Director and Chief Executive Officer of its Aspire Home Finance Corporation (AHFCL). Prior to joining AHFCL, he has worked with Indostar Capital Finance Ltd as Chief Risk Officer.
We are certain that the momentum of growth in affordable housing will continue. Today, housing finance is one of the major contributors to India’s economy and increasing thrust by the central government in affordable housing space augurs well for the sector, said Motilal Oswal, chairman and managing director, MOFSL.
Sanjay has almost 3 decades of experience in banking, financial services and insurance, having worked in retail banking, commercial finance, risk management and portfolio quality. Previously Sanjay worked in several leadership roles with Reliance Capital, Centurion Bank of Punjab, IDBI Bank, ICICI Bank, Reliance Telecom and Modi Xerox.
Sanjay holds a master’s degree in commerce from Nagpur University.
AHFCL, promoted by the Motilal Oswal Group, provides one of the fastest turn-around times for processing applications, enabling credit access on fair terms. Provision of value-added proposition like Property Services and Insurance Services, and best in class service for the customer segments makes AHFCL the preferred choice of over 60,000 customers in the LMI segment.