Equirus Group, a full-service financial services firm, announced the appointment of Mukesh Malik as an Independent Director on the Board of Equirus Finance, the Group’s newly launched non-deposit-taking Non-Banking Financial Company (NBFC).
Malik brings over three decades of distinguished experience in banking and financial services. He brings deep expertise in banking operations, technology transformation, digital platforms, risk management, and large-scale financial services execution.
His expertise spans retail and corporate banking operations, technology, digital transformation, risk management, and regulatory compliance across domestic and international markets.
He has held senior leadership positions at four highly reputed global organizations, Bank of America, ABN AMRO Bank, Citibank, and Aditya Birla Capital.
Ajit Deshmukh, Managing Director, Equirus, said, “We are delighted to welcome Mukesh Malik to the Board of Equirus Finance. His exceptional track record in building and scaling financial services operations, coupled with his deep understanding of NBFC businesses, technology infrastructure, and regulatory frameworks, makes him an invaluable addition to our board. His strategic counsel will be instrumental as we build Equirus Finance into a leading wealth-focused NBFC with the highest standards of governance, risk management, and client service.”
Mukesh Malik, Independent Director, Equirus Finance, said, “I am pleased to join the Board of Equirus Finance at an important phase of its strategic journey. Equirus has built a strong reputation across investment banking, institutional equities and wealth, and the NBFC presents a natural extension of this platform. I look forward to working closely with the Board and management to help build a scalable, well-governed lending franchise, anchored in prudent risk management, robust technology, and a sharp focus on client outcomes.”
