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This Article is From Feb 14, 2025

Navi Group's Founding Members To Take Reigns Of Two Units As CEOs

Navi Group announces restructuring; appoints new CEOs for 2 entities

Navi Group's Founding Members To Take Reigns Of Two Units As CEOs
"This restructuring is a strategic milestone that enables us to sharpen our focus on long-term growth," Sachin Bansal said. (Photo source: Navi Finserv)

Sachin Bansal-promoted Navi Group on Friday announced appointment of Rajiv Naresh as the chief executive officer of Navi Technologies Ltd. and Abhishek Dwivedi as CEO of Navi Finserv Ltd.

The existing CEO for both companies, Sachin Bansal, will continue to serve as executive chairman of the Navi Group.

Both Naresh and Dwivedi are part of the early founding team of the organisation and have held various leadership roles within the Navi Group over the past six years, the group said in a statement.

It is to be noted that Navi Finserv was under RBI's restriction which was lifted in December 2024.

"This restructuring is a strategic milestone that enables us to sharpen our focus on long-term growth," Bansal said.

Bansal will focus on Navi's long-term strategic vision, exploring expansion opportunities, steering fund-raising and M&A efforts and enhancing compliance and risk management across the group, it said.

He will also be involved in driving Navi's tech segment by leveraging the innovations happening in tech and data science, while closely guiding the professional management team in operating the respective businesses, it added.

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