Perfios has appointed Nitin Chugh as Managing Director and Group Chief Executive Officer, marking a strategic move to accelerate its global expansion and strengthen its position as an integrated financial technology platform.
Chugh will oversee the broader Perfios Group, including Clari5, CreditNirvana, and IHX, as the company scales its presence across international markets. Meanwhile, Sabyasachi Goswami will continue to lead the core Perfios business, ensuring operational continuity.
The appointment comes as Perfios sharpens its focus on AI-driven financial services, evolving from point solutions to integrated platforms spanning credit decisioning, fraud detection, risk management, collections, and healthcare claims processing. The company aims to meet growing demand from banks, insurers, and healthcare providers for unified, end-to-end technology ecosystems.
Chugh brings nearly three decades of leadership experience in banking and financial services. He most recently served as Deputy Managing Director and Head of Digital Banking and Transformation at State Bank of India, where he led large-scale digital initiatives. His prior roles include CEO of Ujjivan Small Finance Bank and Group Head of Digital Banking at HDFC Bank, giving him deep expertise in scaling digital businesses across diverse banking environments.
Commenting on his appointment, Chugh highlighted the transformative role of technology across financial services, insurance, and healthcare, emphasizing the potential of AI to enhance access to finance and improve decision-making speed and accuracy.
V. R. Govindarajan, Co-Founder and Executive Chairman of Perfios, noted that Chugh’s experience in driving digital transformation and building scalable platforms aligns with the company’s next phase of growth.
As the BFSI sector increasingly shifts toward platform consolidation and AI-led decisioning, Perfios’ leadership move underscores its ambition to build a globally competitive, full-stack technology ecosystem.
