This presentation introduces the topic, highlighting the strategic evolution of Poonawalla Fincorp following the transition of Abhay Bhutada to a non-executive role. It briefly mentions the company's prominence in India’s NBFC sector and emphasizes the importance of the recent leadership change for driving growth and innovation.

1. Next Steps for Poonawalla Fincorp After
Abhay Bhutada’s Shift to Non-Executive
Director

2. This slide introduces the topic of the presentation, highlighting
the strategic evolution of Poonawalla Fincorp following the
transition of Abhay Bhutada to a non-executive role. It briefly
mentions the company's prominence in India’s NBFC sector and
emphasizes the importance of the recent leadership change for
driving growth and innovation.

3. Abhay Bhutada’s Journey
Abhay Bhutada's path at Poonawalla Fincorp
showcases visionary leadership and strategic planning.
With a background as a serial entrepreneur, Bhutada
established and sold his own NBFC centered on digital
lending to Adar Poonawalla in 2019. This acquisition
formed the basis for Poonawalla Finance, an unlisted
NBFC that experienced rapid growth under their
shared leadership. Within two years, Poonawalla
Finance increased its loan portfolio to over Rs 2,000
crore, highlighting the effectiveness of merging
innovative technology with strategic market
understanding.

4. Strategic Rationale Behind Change
Bhutada's transition to a non-executive position was not sudden; rather, it was a
calculated maneuver designed to foster the company’s enduring growth and
innovation. Upon deliberation, Bhutada underscored his intention to withdraw from
the day-to-day operations, having laid the groundwork for the company's success over
the preceding years. His primary objective has consistently been the establishment of
scalable digital lending platforms, involving experimentation with diverse products,
regions, and strategies to ascertain the most effective business model.

5. Continuing Influence and Guidance
In his capacity as a Non-Executive Director, Bhutada
will persist in offering strategic counsel and direction,
guaranteeing Poonawalla Fincorp's adherence to its
growth path. His responsibilities will encompass
bolstering strategic, financial, and investment decisions
across the organization, drawing upon his wealth of
experience and foresight. This transition enables
Bhutada to concentrate on overarching strategic
endeavors, while the newly appointed managing
director oversees the daily operations.

6. Road Ahead for Poonawalla Fincorp
The timing of the transition aligns with Poonawalla Fincorp's readiness for its
upcoming growth phase. The company is poised to maintain its strategic emphasis on
expanding its digital lending portfolio, utilizing technology to improve customer
satisfaction, and venturing into new market segments. Bhutada's establishment of a
strong foundation sets the stage for the company to innovate and broaden its range of
services.

7. Conclusion
Abhay Bhutada’s transition to a non-executive position at Poonawalla Fincorp
symbolizes a fresh phase in the company’s trajectory. His forward-thinking leadership
has turned the company around from a struggling entity to a formidable financial
force. By withdrawing from daily operations and concentrating on strategic direction,
Bhutada guarantees that Poonawalla Fincorp is adequately prepared to confront
upcoming hurdles and capitalize on new prospects.

8. Thank you