The Fact Maker

CRIF High Mark appoints T. Koshy as Independent Director and Chairman of IT Strategy Committee

This appointment reflects CRIF High Mark’s continued focus on innovation, governance, and technology-led financial inclusion

Mumbai:  CRIF High Mark Credit Information Services Pvt. Ltd., a RBI licenced credit information company (CIC) today announced the appointment of Mr. T. Koshy as an Independent Director to its Board of Directors. As a Director of the Company, Mr. Koshy will Chair the IT Strategy Committee, further reinforcing the company’s focus on robust corporate governance, product innovation and technology driven credit insights to lenders for enabling affordable credit.

With over 3 decades of proven experience in driving the setup of Digital and Technology led organisations and Digital Public Infrastructure (DPI), Mr. Koshy has recently completed his term as the founding MD and CEO of Open Network for Digital Commerce (ONDC), a first-of-its-kind initiative to democratize e-commerce in India. An alumnus of IIM Bangalore, he was a part of the startup team that established NSDL, the first depository in India and also played a key role in multiple national digital transformation projects and was part of many committees of SEBI, RBI and Ministry of Finance.

Later, as a Partner – Technology Consulting with EY, he has significantly contributed to India’s large scale digital programs, including the implementation Unified Identification Authority of India (‘UIDAI’)’s AADHAR, Electronic Vaccine Information Network (eVIN) and COWIN, the GST network and many others. Mr Koshy worked with social protection and identity programs for multilateral organisations like the World Bank and ADB across many countries across the globe, and along with eminent leaders like Mr Nandan Nilekani and Dr. R.S. Sharma, has played a pivotal role in India’s globally acclaimed Digital India initiative.

Reflecting on his new role, Mr. T. Koshy, Independent Director, and Chairman of the IT Strategy Committee, CRIF High Mark said, “CRIF High Mark has played a vital role in enabling financial inclusion and responsible credit growth in India. I look forward to working with the Board and leadership team to further strengthen CRIF High Mark’s contribution to India’s digital and financial ecosystem.

Commenting on the appointment, Mr. Sachin Seth, Chairman, CRIF High Mark, said, “We are delighted to welcome Mr. Koshy to our Board. As India’s digital public infrastructure evolves rapidly, there is immense opportunity to harness data and technology to expand access to affordable credit. His rich experience in driving large scale digital transformations will be invaluable to advance CRIF High Mark’s mission of becoming the credit information and insights partner of choice for Financial institutions, Fintechs, MSMEs and retail borrowers for facilitating easy access to credit.”