Mahesh Sanghavi

Mahesh Sanghavi

Chief Business Officer | Angel Investor | Mentor | INSEAD Alum | Chartered Accountant | ICWAI

Hero FinCorpGurugram, Haryana, India

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Experience29+ Years
LevelCXO

Executive Overview

I build, scale and lead profitable credit businesses.Over the last 25+ years, I’ve worked across wholesale banking, private credit, structured finance and enterprise‑wide risk—leading multi‑product P&Ls, shaping credit and investment philosophy, and guiding organisations through growth cycles, volatility and change.My experience spans corporate and structured finance, SME and mid‑market lending, asset‑backed finance, real estate, LAS, SCF and stressed assets. I’ve built new verticals from the ground up, turned around underperforming ones, and led platforms with consistent ROA delivery. I’ve also played governance roles on Executive/Credit Committees and served as nominee director, partnering closely with boards, investors and rating agencies.A significant part of my leadership involves credit risk stewardship—underwriting, portfolio design, early warning, and enterprise risk governance. I’ve held senior credit approval authorities at global institutions and led large multi‑location credit teams. Earlier in my career, I gained frontline relationship experience, which continues to shape my commercial approach.I thrive in roles where business building, risk judgement, capital discipline and people leadership intersect—whether that’s scaling a private credit platform, leading a P&L, strengthening enterprise risk, or steering a financial services business as CEO.Beyond work, I enjoy investing across listed, unlisted and start‑up opportunities, reading non‑fiction, exploring new places, and spending time with my pet.

Career Timeline

Professional employment history
  • Feb 2023–Present· 3 yrs 7 mos
    • Chief Business Officer, Corporate and Institutional FinanceCurrent
      Feb 2023–Present
  • Jun 2015–Apr 2022· 6 yrs 10 mos
    • Chief Business Officer
      May 2018–Apr 2022
    • EVP and Head - Credit & Risk (Corporate Finance)
      Jun 2015–Apr 2018
  • Feb 2011–Jun 2015· 4 yrs 4 mos
    • Head - Credit Risk (Emerging Corporates)
      Feb 2011–Jun 2015
  • Sep 2010–Feb 2011· 5 mos
    • Senior Credit Approver
      Sep 2010–Feb 2011
  • Nov 2004–Sep 2010· 5 yrs 10 mos
    • SVP - Credit Risk & Regional Head
      Jul 2007–Sep 2010
    • Vice President, Credit Risk Management
      Apr 2006–Jun 2007
    • Assistant Vice President, Information Technology Risk Management
      Apr 2005–Apr 2006
    • VP - Credit Control
      Nov 2004–Apr 2005
  • Sep 2000–Nov 2004· 4 yrs 2 mos
    • Relationship Manager - Corporate Banking
      Sep 2000–Nov 2004
  • Sep 1999–Sep 2000· 1 yr
    • Deputy Manager - Corporate Banking
      Sep 1999–Sep 2000
  • May 1997–Sep 1999· 2 yrs 4 mos
    • Assistant Manager - Corporate Banking
      May 1997–Sep 1999

Education

INSEAD Leadership Program for Senior Executives

INSEAD

Chartered Accountant

The Institute of Chartered Accountants of India

AICWA (Cost Accountant)

Institute of Cost Accountants of India

Bachelor of Commerce - BCom (Honors)

Commerce/ Accounts

St.Xavier's College, Kolkata

Executive Relationship Map

Reports To
Mahesh Sanghavi
Vice Chair & President
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer

Executive Network Preview

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Skills & Expertise

19 of 19 skills
Negotiating & InfluencingChange ManagementStress Asset ManagementNetworkingStructured Problem solvingRiskMuti-taskingTeam LeadershipTeamworkPortfolio ManagementRisk MitigationCredit Risk ManagementEntrepreneurshipStrategic ThinkingUnderwritingScalabilityCreditPortfolio Restructuring & RecoveryCredit Risk