Niyogin Fintech appoints new directors to the board

2 Feb 2022 , 03:16 PM

Niyogin Fintech Limited has announced the appointment of 2 new board members. Dr. Ashby Monk has been appointed as an Independent Director and the current CEO – Tashwinder Singh has also been elevated to the Board as the Managing Director.

Dr. Ashby Monk is currently a Senior Research Engineer, School of Engineering at Stanford University and holds the position of Executive Director of the Stanford Research Initiative on Long-Term Investing. Ashby has more than 20 years of experience in studying and advising investment organizations.

He has authored multiple books and published 100s of research papers on finance and investing. His latest book, The Technologized Investor, won the 2021 Silver Medal from the Axiom Business Book Awards in the Business Technology category.

Outside of academia, Ashby is the Head of Research at Addepar and serves on the firm’s leadership team. He has co-founded several companies that help investors make better investment decisions, including Real Capital Innovation (acquired by Addepar), FutureProof, NetPurpose, D.A.T.A., and Long Game Savings. He is also a member of the CFA Institute’s Future of Finance Advisory Council and was named by CIO Magazine as one of the most influential academics in the institutional investing world.

He received his Doctorate in Economic Geography at the University of Oxford, holds a Master’s in International Economics from the Université de Paris I – Pantheon Sorbonne, and has a Bachelor’s in Economics from Princeton University.

Dr. Ashby said, “I am delighted and honoured to join the Board of Niyogin Fintech. I look forward to participating and contributing in the material impact that Niyogin is making in the small business community in India. The financial inclusion focus coupled with technology capability that the company has built can lead to some very interesting outcomes both from an Impact and a commercial objective.”

Tashwinder Singh (Tash) has been the CEO of the company since October 2020 and has been leading the transition of the company as the company pivots its business towards being a “Neobank” providing the API Infrastructure capabilities to businesses.

He holds a Master in Business Administration degree from Faculty of Mgmt. Studies (Delhi University) and BE (Electrical) from Delhi College of Engineering (Delhi University).

Welcoming both the board members, Amit Rajpal, Co-founder and Non-executive Chairman, Niyogin Fintech Limited said, “It is a privilege to have Dr. Ashby H.B. Monk joining Niyogin as an independent director. Ashby will be joining us at a pivotal point in the evolution of Niyogin as we take Niyogin to the hyper growth trajectory. We believe that his guidance in undertaking key decisions will greatly benefit Niyogin in its journey to become India’s premier financial services infrastructure platform.

Tashwinder has been instrumental in driving our business forward and we have made some significant progress on our journey since he joined. It has been a pleasure to work with him and I am delighted to have him join the Board and look forward to him continuing to lead the company in achieving its potential.”

At around 3:15 PM, Niyogin Fintech was trading at Rs71 per share higher by 1.07% on Sensex.