India Mortgage Guarantee Corporation (IMGC) announced the appointment of Sumit Chadha as chief information officer (CIO) — responsible for implementing technology strategy, enhancing digital capabilities and strengthening the company’s competitive capability with new-age technology solutions.
Prior to joining IMGC, he was associated with PNB Housing Finance as Head of IT.
Sumit Chadha brings 20 years of rich experience in Digitization of processes, IT Strategy, Enterprise architecture, Systems implementation, IT Governance, Applications risk and control, project management, and infrastructure setup.
He has worked with organizations such as Nucleus Software Exports & ICICI Bank. He is a qualified Chartered Accountant and holds a Certification in Contemporary Business Analytics practices from IIM Kolkatta.
IMGC has onboarded 18+ lender partners comprising Banks and HFC companies: including SBI, LIC Housing Finance, Axis Bank, HDFC, and ICICI Bank. It has guaranteed over 65,000+ homebuyers predominantly in the affordable housing segment.