The RBI-registered Non-Banking Financial Company – Microfinance Institution (NBFC-MFI), which provides financial services to low-income households, announced the appointment as part of its efforts to reinforce risk management and operational oversight across its business operations.
In his new role, Sharma will lead risk control, vigilance and audit initiatives across the company's operations, supporting stronger internal controls and effective risk management.
Sharma brings over 22 years of experience in banking and financial services, including more than 19 years at Kotak Mahindra Bank, where he held national-level responsibilities in risk control and fraud risk management.
His expertise spans pre-and post-disbursement controls, fraud detection and prevention, process improvement and technology-enabled risk management.
Commenting on the appointment, Avinash Kumar, COO, DJT Microfinance, said robust risk management and effective governance remain central to the company's growth strategy as it expands its reach and strengthens its operations.
“As we expand our reach and strengthen our operations, robust risk management and effective governance remain central to our growth strategy. Sunil’s extensive experience in risk control and fraud prevention will help us further strengthen our internal controls, enhance accountability and build a more resilient operating framework,” Kumar said.
Sharma said he would focus on strengthening the organisation's risk management and audit framework through proactive risk identification, effective controls and greater process discipline.
“I look forward to strengthening the organisation’s risk management and audit framework through proactive risk identification, effective controls and greater process discipline. My focus will be on building a strong culture of vigilance and accountability that safeguards business integrity while supporting responsible and sustainable growth,” Sharma said.
The appointment reinforces DJT Microfinance's focus on strengthening institutional governance, improving risk oversight and supporting sustainable business growth, with risk control, vigilance and audit forming key elements of its operational framework.
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