AZB & Partners senior associate Esha Pruthi has joined Home Credit India’s legal team of 16 as assistant vice president (AVP) legal in Delhi.
She is reporting to director and head legal Vijay Dhingra, and will be overseeing the legal function of the company’s so-called funding vertical, which secures funding through a variety of channels for the company’s transactions.
She will also be working closely with the funding legal team in the company’s headquarters in Prague, in the Czech Republic.
Dhingra commented: “I welcome Esha to Home Credit Family and wish her all the luck and success in this new role. She possesses a rich and relevant experience for this role and her addition shall be a great value add for the team.”
Pruthi added: “I am keenly looking forward to being on board with the Team Home Credit, one of the country’s leading NBFC which is fueling financial inclusion through easy to use credit products while ensuring adherence to guidelines and set processes.
“I would be using my extensive legal experience gained at AZB & Partners to assist in maintenance of a smooth financial supply chain for the company.”
The Guru Gobind Singh Indraprastha University graduate with an LLM from the National University of Singapore began her career at Wong Partnership in Singapore from 2007.
In September 2008 she returned to India with AZB as a corporate associate, where she has stayed since.
Home Credit’s legal function is divided into three key verticals: corporate secretarial and compliances, contracts and litigation, and funding legal.
The company was founded in 1997 in the Czech Republic, specialising in providing credit to people with little or no credit history in 10 countries.
It had opened in India in 2012, after acquiring Rajshree Auto Finance Private Limited, and has operations in over 120 cities across 20 states in the country, with a network of more than 26,000 points-of-sale (PoS), over 6 million customers and 16,000 employees.
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The only thing that you will have to be mindful of (maybe not in all cases, but in 70-80% cases most likely - LI readers: correct me if I am wrong) is that you report the move after the resigning assiciate has joined the other firm. Because this is what really scares us - we get an offer from firm X, we quit firm Y, the word gets out, shit happens, firm X rescinds its offer, we are f****d.
(Ideas welcome from other LI readers on a more workable model for reporting associate level moves by LI)
so not sure what xyz@abc is talking about.you dont find it interesting, then go over to another article.
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