One of India’s leading insights and information companies- TransUnion CIBIL has elevated Bhavesh Jain, who was serving the role of Chief Revenue Officer at the company, to the role of MD and CEO.
This development comes in the aftermath of Rajesh Kumar deciding to hang his boots as Managing Director and CEO at TransUnion CIBIL after five years.
In a career spanning decades, Jain has previously served across various roles at Thomson Reuters, Citi and Kone.
In recognition of Kumar’s decision to part ways from the company, V Anantharaman, Chairman, TransUnion CIBIL, said, “Rajesh has communicated his decision to move on and take some time for himself and his family after a continuous 32-year career in financial services. We thank Rajesh for his significant contribution to TransUnion CIBIL’s evolution and respect and acknowledge his decision. The company has grown significantly under his leadership, and we wish him the very best as he embarks on his next phase in life.”
Adding to this, the TransUnion CIBIL’s outgoing MD and CEO, Jain said, “TransUnion CIBIL works constantly to provide solutions that empower consumers and businesses. In an increasingly digital world, we want to strengthen trust between the two so they can achieve great things. I’m excited to be leading such a talented team and to be able to continue to build on the great work we have already done in the market for the benefit of all.”
Furthermore, Todd Skinner, President, TransUnion International, also added,“Bhavesh is an accomplished leader with a passion for helping India’s economy continue to grow. He is focused on TransUnion CIBIL’s vital role in driving sustainable access to credit for millions of people and commercial entities to advance financial inclusion and ease of doing business.”
