L&T Finance Holdings Ltd (LTFH), the non-banking finance company (NBFC), on Saturday announced that Dinanath Dubhashi, managing director and chief executive officer (CEO), will retire from the company on April 30, 2024.
The board of directors of LTFH has appointed Sudipta Roy as the chief operating officer of the company. He will assume the position of managing director and CEO with effect from January 24, 2024, subject to necessary regulatory and statutory approvals.
Roy joins LTFH from ICICI Bank, where he served as group head and managed diverse businesses such as unsecured assets, cards, payment solutions, student ecosystem, e-commerce and merchant ecosystem, and millennial banking.
Before his stint with ICICI Bank, he worked for Citibank and Deutsche Bank.
He is a consumer banking and payments professional with over 24 years of financial services experience.
A statement from LTFH said he has a deep understanding of consumer finance, cards and retail loans, lending and payments technology systems, and associated risk management practices.
