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NBFCs finding it tough to acquire top talent – Anil Noronha, Fullerton India

NBFCs too faces scarcity of top talent and maintaining a strong bench strength is a challenge for them. A report in Banking Frontiers outlines how Fullerton India, a top NBFC, is constantly looking to hire large number of people across multiple locations in diverse skills ranging from analytics, data engineering, digital marketing, solution architects, fraud control, market risk, credit risk strategic alliances, etc. The company’s EVP and head of Human Resources Anil Noronha, maintains that it is tough to acquire top talent.

He adds that capacity and capability building are the two initiatives that run in parallel at Fullerton India throughout the year. He explained that capacity building begins with identifying the future needs of leadership at the top 3 levels of the organization through various interventions to predict the future needs. It also includes a clear understanding of the quality of competence and leadership that will be required in these key roles resulting in a detailed talent inventory of all critical roles and future successors.

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