IIFL Home Finance Ltd., India’s top affordable housing finance company, has announced the appointment of Mr. Pradeep Kumar Rangi as its new Chief Risk Officer (CRO). Before joining IIFL HFL, Mr. Rangi was the Chief Risk Officer at Airtel Payments Bank, where he played a key role in developing a comprehensive Enterprise Risk Management framework.

Before his current role, he held leadership positions at Standard Chartered Bank in Singapore, contributing significantly to Risk Management. At SC Ventures, the bank's innovation and FinTech arm, he helped establish a risk management framework for fintech startups and managed risks related to emerging financial technologies.

Mr. Rangi brings over 20 years of experience in risk management, with a proven track record in managing risk across international bank, payments bank, and emerging financial technologies. He has a strong background in strategic risk oversight, governance, and regulatory compliance, gained through his active participation in Board Committees and Governance Committees of leading financial institutions.

Mr Pradeep Kumar Rangi, Chief Risk Officer, IIFL Home Finance said, "I am pleased to join IIFL Home Finance, a company that has been at the forefront of driving affordable housing solutions in India. With the ever-evolving financial landscape, my focus will be on strengthening the organization’s risk management framework, enhancing digital security, and ensuring the highest standards of regulatory compliance. I am committed to building a proactive risk culture that not only meets but exceeds regulatory expectations, driving the company’s growth and resilience. I look forward to contributing to company’s mission of empowering homeownership for millions of Indians while navigating the challenges and opportunities of a rapidly digitizing world".

Ms Rashmi Priya, Head – HR, IIFL Home Finance adds on the appointment, "We are delighted to welcome Mr. Rangi to our leadership team. With his deep expertise in risk management, technological innovation, and regulatory compliance, he will play a key role in shaping and advancing IIFL Home Finance’s risk strategy. As we continue to enhance our digital capabilities and expand our reach in the affordable housing sector, Pradeep’s leadership will be crucial in ensuring a robust and resilient risk framework to support our strategic objectives”.

Mr. Rangi is a Chartered Accountant and an All-India Rank holder, with additional certifications in Risk Management and Cybersecurity.

A highly regarded professional with international experience across India, the Middle East, South Asia, and ASEAN regions, Rangi specializes in designing robust risk management frameworks. His past roles include developing advanced risk assessment models, implementing AI-driven risk management strategies, and collaborating with regulatory bodies on emerging technologies.