Industry veteran Ashok Narain joins Fintellix as Senior Advisor

livemint.com:

India, November 22, 2023: Fintellix, a leading provider of regulatory compliance and risk management solutions, is thrilled to announce the appointment of Mr. Ashok Narain as Senior Advisor at Fintellix. With an illustrious career spanning more than 33 years, Mr.

Narain brings a wealth of experience from his distinguished role as Chief General Manager at the Reserve Bank of India (RBI). He has served as the head of supervision for Non-Banking Financial Companies (NBFCs) for four years until the end of 2022. His remarkable contributions include spearheading the implementation of Enterprise-wide Risk Management at the RBI and providing guidance for the development of the ERM architecture for the Central Bank of Sri Lanka.

Apart from his contributions as a regulator and supervisor, Mr. Narain has also served on the boards of both private and public sector financial institutions. He is also empanelled by the International Monetary Fund as a Financial Sector Specialist.

"We are privileged to welcome Mr. Ashok Narain as our Senior Advisor. His deep expertise in regulatory matters and risk management will be instrumental in guiding our strategic decisions and ensuring we continue to deliver innovative solutions to our clients.

We are confident that his contributions will enhance our product strategy and enable us to deliver even greater value to our customers," said Mr. Shailendra Mruthyunjayappa, CEO and President at Fintellix. "I am looking forward to a very fruitful association with Fintellix, a global analytics firm and leader in the Regtech, Risktech, and Suptech space, which was ranked among the top 50 in Chartis Risktech100 2024 list and has won the Regtech FE Best Banks award for excellence this year!" Mr.