Kuflink chief steps down
Kuflink chief executive Narinder Khattoare (pictured) is stepping down after 12 years with the company.
He joined the UK peer-to-peer property lending platform in 2013, before taking on the chief executive role in 2017.
Kuflink said he has played a key role in growing the business into a trusted, high-performing platform that has facilitated over £390m in investments.
“Kuflink has been more than just a company to me – it has been a family,” said Khattoare.
“I’m incredibly proud of what we’ve built together, from our rebrand in 2016 to becoming an FCA-regulated P2P lender and, more recently, being recognised as one of the Sunday Times Best Places to Work.
“Most importantly, we’ve built a platform where not a single investor has lost a penny – something that speaks to the dedication and integrity of the entire team. As I step away, I do so knowing that Kuflink is in strong hands and well-positioned for continued success. I look forward to seeing the business go from strength to strength in the years ahead.”
Khattoare will be succeeded in the chief executive role by Kuflink co-founder Rawinder Binning.
“Narinder’s leadership has played a fundamental role in shaping Kuflink into the respected lender it is today,” said Binning. “We thank him for his years of dedication and the incredible impact he has had on the business. I’m excited to build on this foundation alongside our team, ensuring Kuflink continues to innovate, grow and deliver outstanding value to our investors and borrowers.”
Read more: Navigating the lending landscape and how Kuflink stands out in a crowded market
Additionally, Kuflink has strengthened its leadership team to drive its next phase of growth.
Gurmit Raina has been appointed chief financial officer after joining as a financial consultant.
Hari Ramathury, one of Kuflink’s original co-founders, returns as chief innovation officer to drive strategic development and market expansion.
And Carl Rosenberg, who has been with Kuflink since 2018, has been promoted to chief technology officer, reinforcing the company’s focus on digital transformation.
Read more: Making a positive impact with peer-to-peer property lending
“Narinder’s leadership has helped shape Kuflink into what it is today – a platform built on trust, security, and innovation,” said chairman Bal Thind.
“He leaves behind a strong foundation, and we are grateful for his dedication and the positive impact he has had on the business. With Rawinder at the helm and an experienced leadership team in place, Kuflink is in an excellent position to continue continue its growth and strengthen its role in the alternative finance market.”