Reliance Commercial Finance which is a subsidiary of Reliance Capital, has announced the appointment of Devang Mody as the chief executive officer.

Mody, prior to this, has been serving as the president of consumer business at Bajaj Finance. He has over 20 years of experience in the financial sector.

Reliance Capital Chairman Anil D Ambani has said in a statement, ” I am delighted to welcome Devang Mody as the new CEO of our commercial finance business, a high priority growth area for Reliance Capital in the future. Devang comes with an excellent track record of creating and rapidly growing highly profitable lending businesses in different segments. We expect Reliance Commercial Finance to significantly accelerate its growth momentum under his leadership.”

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