Capri Global Capital Ltd. (CGCL), a diversified Non-banking Financial Company with the brand name 'Capri Loans', has announced the appointment of Mr. Monu Ratra as its Chief Executive Officer (CEO). The decision, approved by the company's Board of Directors, marks a significant step in strengthening Capri Global's leadership team as it prepares for its next phase of growth.
In his new role, Mr. Monu Ratra will oversee the company's overall operations and drive its mediumterm growth strategy, reporting to Mr. Rajesh Sharma, Managing Director and Promoter of Capri Global Capital. His appointment is aimed at further enhancing operational efficiency, governance, and strategic execution across business segments.
Mr. Ratra brings with him over two decades of experience in the financial services and mortgage finance industry. Before joining Capri Global, he served in senior leadership roles across prominent institutions in the banking and financial services sector, where he contributed to key strategic initiatives in retail lending and mortgage operations including expanding the organizations scale, strengthening operational frameworks, and driving digital transformation initiatives.
Commenting on his appointment, Mr. Rajesh Sharma, Managing Director, Capri Global Capital Ltd., said, "We are delighted to welcome Monu Ratra to Capri Global. His leadership experience and deep understanding of the lending landscape will be invaluable as we continue to strengthen our presence and drive sustainable growth across our businesses. We look forward to his insights and leadership in nurturing a high-performance culture and driving excellence across all business verticals."
Speaking about his new role, Mr. Monu Ratra added: "I am excited to be part of Capri Global's journey at such a dynamic time. The company has built a strong foundation across multiple lending verticals and I look forward to working with the team to accelerate growth, drive innovation and create greater value for our customers and stakeholders."
Capri Global has recently completed a Qualified Institutional Placement (QIP), marking a significant milestone in its journey. The capital infusion positions the company strongly as it embarks on its next phase of growth-driving business expansion, strengthening digital capabilities, and deepening its presence across key retail lending segments.