Jai Pancholi has joined S K Finance Limited as the Chief Risk Officer (CRO), bringing with him over two decades of experience in credit risk, underwriting, portfolio management, partnerships, and policy leadership across some of India’s leading financial institutions. In this new role, he will lead the risk strategy and governance framework, strengthening the company’s approach to financial prudence and regulatory compliance.
Jai Pancholi has previously held senior leadership roles at Hero Fincorp, ICICI Bank, and HDFC Bank.
At Hero Fincorp, he was part of the leadership team as Head- Risk & Policy – Retail, where he
oversaw key areas such as retail policy, partnerships, portfolio, retail hindsighting,
scorecards, and finance analytics. He also headed the risk and policy division for wheeled and inventory finance during his four-year stint.His work was instrumental in aligning the company’s risk strategy with its growth in the retail lending
segment.
Before Hero Fincorp, Jai Pancholi served at ICICI Bank for around Six years, where he was a Policy Head
for Auto Loans (Used and New Cars), Two-Wheelers, and LAS (Loan Against Securities). Prior to that,
he worked for over a Decade at HDFC Bank, where he held the position of Assistant Vice
President, managing secured and unsecured portfolio underwriting. His expertise spans across both
traditional Banking and NBFC environments, making him a versatile leader in India’s financial services
ecosystem.
Jai Pancholi is a Chartered Accountant and also holds a Master’s degree in Corporate Law. His strong
foundation in both finance and legal education equips him to handle the complex challenges of
modern risk management. His appointment as CRO at S K Finance Limited signals the company’s
focus on building a robust risk culture amid evolving market dynamics.