Smart Finsec Reshuffles Finance Leadership: Jayant Kumar Steps In as CFO

Smart Finsec Ltd has announced a key leadership transition in its finance division, appointing Jayant Kumar as Chief Financial Officer (CFO) effective July 1, 2025. This follows the resignation of Shashi Sharma, who served as CFO since August 2019. The company has not disclosed the reason for Sharma’s departure but expressed appreciation for her contributions during a period of strategic growth and regulatory compliance.

 

Jayant Kumar brings over two decades of experience in financial planning, risk management, and regulatory affairs. His appointment signals Smart Finsec’s intent to strengthen its financial governance and scale its operations in the non-banking financial services (NBFC) space. Kumar is expected to play a pivotal role in driving digital transformation and enhancing investor confidence as the company navigates a dynamic economic landscape.

 

The leadership change comes at a time when Smart Finsec is expanding its footprint in structured lending, SME finance, and capital market services. The company has also been exploring new revenue streams through tech-enabled financial products and partnerships.

 

Market watchers view the transition as a strategic refresh aimed at aligning the company’s financial leadership with its evolving business model. With Kumar at the helm of finance, Smart Finsec is poised to sharpen its focus on operational efficiency, compliance, and long-term value creation.

 

The company’s board has formally accepted Sharma’s resignation and welcomed Kumar’s appointment in a regulatory filing with the BSE.

 

Sources: BSE India, Economic Times, Rediff MoneyWiz