OakNorth appoints former Google executive
Sunil Chandra, OakNorth
OakNorth has appointed Sunil Chandra as CEO of its next-generation credit platform to lead the growth of the business with co-founders Rishi Khosla and Joel Perlman.
Sunil joined Google in 2007 and scaled the company’s talent and global footprint from 7,000 employees to over 100,000 today, spanning a product portfolio that touches the lives of billions of users every day.
Prior to this, he was the chief operating officer (technology) at Barclays Capital for over two years, after seven and a half years as Director of Administration (Southeast Asia and Greater China) at McKinsey & Co. A global executive, he’s been responsible for scaling operations across geographies and has relocated from San Francisco to London to join OakNorth.
“It’s an incredible privilege to be joining the team at OakNorth. In a short period of time, the business has identified a key segment of the market that is underserved, proven that thesis with the profitable OakNorth Bank in the UK, and is now scaling the solution globally by licensing its platform to other lending institutions,” says Chandra.
The platform helps banks and lending institutions around the world to cater to the lower mid-market business segment (loans of $1m-$25m) more holistically and profitably. Sunil will lead the platform’s expansion across the US, Europe, and Asia, ensuring that the business meets its commercial and strategic objectives.
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