Lending-as-a-Service platform LendKey has named Salil Mehta its new Senior Vice-President. He will oversee data and analytics growth.
Following the financial crisis Mr. Mehta was Head of Analytics for the Department of the Treasury’s financial stability office. His duties included advising the Secretary at the annual meetings go the G-8, G-20 and International Monetary Fund.
Mr. Mehta also has more than a decade of experience in trading and risk management through vice presidencies at HSBC and Citigroup.
“We’re extremely excited to welcome Salil to the executive team,” LendKey Founder and CEO Vince Passione said. “His capital markets experience and knowledge of credit as a debt instrument will be incredibly valuable to our lenders, as they strive to create and grow relationships with history’s largest debt-burdened generation.”
Mr. Mehta looks forward to diving into the world of fin-tech.
“We are in an age where banks and credit unions are searching for new capabilities to connect with their customers—providing our lenders with augmented services and knowledge, through a proprietary analytics framework at LendKey—is a unique opportunity across the lending landscape, and I’m inspired and excited to be spearheading that endeavor.”
Mr. Mehta has Master’s degrees in Statistics from Harvard and Science and Engineering from Washington University.
Established in 2009, LendKey’s technology is used by more than 300 financial institutions.