IndoStar Capital Finance has appointed Deep Jaggi as Chief Business Officer. He will be based out of the Mumbai office and report to R. Sridhar, Executive Vice Chairman and CEO of the NBFC. Jaggi joins IndoStar from HDB, a wholly-owned subsidiary of HDFC Bank, where he was head of Asset Finance for the past 10 years and was responsible for the P&L of Commercial Vehicles, Construction Equipment, Passenger Vehicles & Tractor businesses. He has been associated with Cholamandalam Finance and Apollo Tyres in his earlier roles. At IndoStar, he will head all the retail businesses, business development, and collections. IndoStar recently saw equity infusion by Brookfield Asset Management and it has one of the strongest balance sheets among the listed NBFCs in the country.
