Change in Chief Technology Officer: Gaurav Sharma resigns, Anubhav Rajput appointed

CTO change at IIFL Finance.

Wed 30 Sep 2026

Outgoing CTO

Mr. Gaurav Sharma

Outgoing CTO Resignation Effective Date

September 30, 2026, close of business hours

Incoming CTO

Mr. Anubhav Rajput

Incoming CTO Appointment Effective Date

October 1, 2026

Incoming CTO Experience

Over 26 years of technology experience

What was announced

IIFL Finance reported a change in its Senior Management Personnel under Regulation 30 of the SEBI Listing Regulations.

• Mr. Gaurav Sharma has resigned as Chief Technology Officer, effective September 30, 2026, close of business hours. The stated reason is to explore new opportunities.
• Mr. Anubhav Rajput has been appointed as Chief Technology Officer and Senior Management Personnel with effect from October 1, 2026, based on the recommendation of the Nomination and Remuneration Committee and approval of the Board.

About the incoming CTO

Mr. Rajput is described as a technology leader with over 26 years of experience across India, the Middle East and Europe, with expertise in strategic IT transformation, digital transformation, cloud computing, advanced analytics, machine learning and AI-driven business transformation, mainly in banking and financial services.

He holds a degree in Computer Engineering and an MBA with specialisations in Information Management and Finance, plus advanced technology leadership courses from MIT. Prior to IIFL Finance, he was Chief Information Officer and Chief Technology Officer at PNB Housing Finance, and earlier CIO at Cholamandalam MS General Insurance and Niva Bupa Health Insurance.

What it means for investors

The transition is immediate and without a gap, with the new CTO taking charge the day after the outgoing CTO's last day. This is a senior management change and not a change at the Board or key managerial level such as MD or CFO. In a lending business where digital channels and technology platforms matter, investors typically watch how leadership continuity in technology plays out over time.

The resignation letter records the outgoing CTO thanking the management for their support during his tenure.

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