Chinese peer-to-peer lending firm CreditEase is expanding its VC team with the hire of the former global CIO at Standard Charter Bank, Anju Patwardhan.
The company says that Ms. Patwardhan will be based in Silicon Valley while working with the China-based management team to support its global investment strategy, deal sourcing and investment management.
Her hire comes as the company seeks to expand its portfolio outside of Asia.
Backed by Silicon Valley veteran Kleiner Perkins Caufield & Byers, CreditEase specialises in small business and consumer lending, as well as wealth management for high net worth and mass affluent investors.
It established its fintech Investment Fund in 2015 with the aim of investing $1bn over several tranches in fintech companies globally.
A graduate of Indian Institute of Technology (IIT) and the Indian Institute of Management (IIM) Ms. Patwardhan is also a distinguished fellow of Singapore Institute of Banking and Finance, as well as serving on World Economic Forum (WEF) committees for “Disruptive Innovation in Financial Services” and “Internet for All”.
“Ms. Patwardhan is a distinguished banker with profound understanding of inclusive finance which CreditEase has been fostering and practicing for years. She also has the depth of experience and expertise required to support our Fintech agenda,â€� says CreditEase Founder and CEO Ning Tang.
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