Progcap appoints Zafar Imam as Executive Director (ED) – Lending
- ByStartupStory | December 29, 2022
With the hiring of Zafar Imam as Executive Director (ED) – Lending, Progcap, a corporate-led finance solutions for small and mid-size businesses (SMBs) in India, has bolstered its executive team. Imam would be in charge of extending the lending company’s product and industry offerings.
He has been in the banking and financial industry for twenty years. Imam has held executive positions in companies like Finshell, Axis Bank, HDFC, and Cholamandalam.
Earlier this year, Progcap strengthened its executive team through strategic hiring. Abhishek Lall, a seasoned expert in supply chain finance, had been named chief business officer by the corporation. Additionally, the business has hired Vishal Wali as Chief Collections Officer and Swati R. Agarwal as Chief Risk Officer.
These appointments underline the company’s intentions to leverage the experience of these individuals in significant leadership roles in order to grow and expand. Himanshu Chandra, co-founder of Progcap, commented on these developments by stating that “The leadership team offers enormous experience in developing businesses from beginning and scaling them economically and will play a vital role in helping Progcap attain further heights.”
According to the Practus Hurun India PE Performers 2022 report, Progcap was named the nation’s fastest-growing startup in terms of sales and growth earlier this year.
Follow Startup Story
Related Posts
