Sovan Mandal

Sovan Mandal Email and Phone Number

Chief Executive Officer - India and MENA Region @ Valocity
New Delhi, DL, IN
Sovan Mandal's Location
Gurgaon, Haryana, India, India
About Sovan Mandal

As the Chief Executive Officer of Valocity India, I lead a FinTech company that digitises the entire property valuation process with its unique Microsoft cloud-based valuation platform, delivering end to end solutions for both residential and commercial lending. With over 28 years of experience in the financial services industry, I have a proven track record of driving commercial goals, scaling businesses, and creating strong partnerships with key clients and stakeholders across geographies and cultures.Before joining Valocity India in Oct 2021, I was the Chief Business Officer at India Mortgage Guarantee Corporation (IMGC), where I was part of the start-up team that built the business from concept to a commercial platform, developing and implementing the sales and business development strategy across key segments, leading lender sign-ups, product development, pricing strategy, and account management. I also managed the capital raise process and identified potential new investors. I have extensive expertise in consumer finance, credit cards, mortgage guarantee, unsecured and secured assets, and digital transformation. I am passionate about delivering innovative and customer-centric solutions that enable financial inclusion and empower home buyers.

Sovan Mandal's Current Company Details
Valocity

Valocity

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Chief Executive Officer - India and MENA Region
New Delhi, DL, IN
Employees:
73
Sovan Mandal Work Experience Details
  • Valocity
    Chief Executive Officer - India And Mena Region
    Valocity
    New Delhi, Dl, In
  • Valocity
    Chief Executive Officer
    Valocity Oct 2021 - Present
    Delhi, India
    Valocity is a FinTech company that digitises the entire property valuation process with its unique Microsoft cloud-based valuation platform, delivering end to end solutions for both residential and commercial lending.The unique platform is used by many of the world’s largest lenders across New Zealand, Australia, India, and Asia having supported over a Trillion dollars in lending decisions. Valocity has been recognized globally including at the prestigious India FinTech Awards 2019 as Fintech Start Up of the Year, Singapore Top 10 Global Fintech 2018, and Microsoft ISV Partner of the Year 2020.
  • India Mortgage Guarantee Corporation
    Chief Business Officer
    India Mortgage Guarantee Corporation Aug 2018 - Sep 2021
    New Delhi Area, India
    IMGC, India’s first Mortgage Guarantee (MG) company, is a joint venture of National Housing Bank, Genworth Financial International Finance Corporation and Asian Development Bank. As part of the start-up team have worked on all aspects to build the business from concept to a commercial platform. Developing and implementing the organization’s sales and business development strategy across key segments. Lead lender sign ups, product development, pricing strategy and account management. Responsible for managing the capital raise process and identify potential new investors. Drive critical industry discussions representing IMGC with various stakeholders like the Regulator (RBI), Credit Rating agencies, IMGC Board, JV Partners (Genworth Inc., ADB, IFC & NHB) and other strategic partners. As part of the start-up team led the commercial launch of the product, creation of brand identity and digital presence of the brand.
  • India Mortgage Guarantee Corporation
    Senior Vice President - Product And Programs
    India Mortgage Guarantee Corporation Jul 2017 - Jul 2018
    Gurgaon
    Responsible for Lender Sign ups,Managing the Flow Business and Key Accounts Management
  • India Mortgage Guarantee Corporation
    Vice President- Business Development And Product
    India Mortgage Guarantee Corporation Apr 2012 - Jun 2017
    Gurgaon, India
    Responsible for Business Development, Accountable for Sales for Flow Business and Marketing
  • Genworth Mortgage Insurance
    Vice President
    Genworth Mortgage Insurance Apr 2010 - Mar 2012
    Gurgaon, India
    As part of the start up team the key responsibility was the commercial launch of the product.
  • Entrepreneurial Venture
    Director & Founder
    Entrepreneurial Venture Nov 2008 - Apr 2010
    Gurgaon, India
    VillaTrust is a start up in the area of Professional "Property Management Services" providing Convenience, Protection and Enhancement to Landlords, Tenants and Corporates.The Company Provides Services in the Area of Property Management Services, Tenancy Search Services, Housing Solutions including Home Search and Settling In services, Executive and Senior Management Home Search and Relocation.
  • Barclaycard
    Director
    Barclaycard Jan 2008 - Oct 2008
    London, United Kingdom
    Drive marketing strategy in a CRM framework, in the areas of targeted prospecting, channel strategy, early customer engagement, customer lifecycle management through increased balances, cross sell and retentionDrive revenue across the portfolio through pricing strategies, product innovation, stop leakages, understanding price elasticity and optimize marketing spend relative to revenue and income goals.Manage external relationships for prospect database, analytics outsourcing and market benchmarkingWork in a cross functional environment with Marketing, Risk, Operations, Finance and BT functions to design, execute, monitor and evaluate marketing strategy and evaluate portfolio financial and profitability outcomes to the marketing actions
  • Ge Money & Sbi Cards
    Pricing Leader
    Ge Money & Sbi Cards Apr 2004 - Jan 2008
    Gurgaon
    Set Strategic Pricing Guidelines – Optimizing Price/Benefit positionIntroduced New initiatives like Dynamic Pricing, Test and Learns, Cross Sell Hierarchy, Payment HierarchyApart from regular pricing activities like Analytics to drive Fee Income and Profitability and running initiatives around waivers, benchmarking, leakages and audits
  • Ge Money And Sbi Cards (Jv)
    Asst Vice President -Business Development
    Ge Money And Sbi Cards (Jv) Apr 2001 - Apr 2004
    Mumbai
    Built the co brand platform for SBI cards with the acquisition of UBI and Hero Honda relationshipBuilt the concept of TATA and Social Card, both part of SBI cards portfolioBuilt the platform for retail portfolio purchase transactions through the ABS & MBS route, executed deals of more than Rs. 500 croresValuation & structuring support for group reorganization initiatives e.g. merger of existing entities. Market Entry Initiative: Perform country and market analysis, study key players and identify viable candidates for partnership, acquisition and/or strategic alliances. Identified opportunities for co branded cards and partnerships in the consumer finance space- structured proposals for alliances with a Two Wheeler, Consumer Durable companies and other Banks and NBFC’s.
  • E Rpg Ventures Limited
    Manager- Marketing
    E Rpg Ventures Limited Apr 2000 - Apr 2001
    Mumbai
    A “Click and Mortar” retail venture for auto after care, in line with the retail business of RPG group• Preparation and Validation of the Business Plan with Business Consulting Group• Conducting qualitative research with IMRB-PQR to understand the market and consumer • In- Charge of Portal Development: The job involved identification of opportunity space for the TBA portal by studying various other auto portals, selection of development vendors, identification of content providers and preparation of information architecture.• Worked with Fitch of UK for developing the designs of the stores
  • Tnt India Ltd
    Area Sales Manager
    Tnt India Ltd Jun 1998 - Apr 2000
    Worked in Kolkata and Delhi Handling a Sales Area with Sales target.• In-charge of new business development and development of upcountry market
  • Chambal Fertilizers
    Shift Engineer
    Chambal Fertilizers Jun 1993 - Apr 1996
    Kota
    • Monitoring the pre-commissioning and commissioning activities in urea plant during the project stage. • Working with contractors of the project e.g. Snamprogetti SpA, PDIL, Yokogawa Blue Star and Allen Bradley, and coordinating their activities.• Shift-in-Charge in Urea Plant.

Sovan Mandal Education Details

Frequently Asked Questions about Sovan Mandal

What company does Sovan Mandal work for?

Sovan Mandal works for Valocity

What is Sovan Mandal's role at the current company?

Sovan Mandal's current role is Chief Executive Officer - India and MENA Region.

What schools did Sovan Mandal attend?

Sovan Mandal attended Xavier Institute Of Management, Indian Institute Of Technology, Roorkee, Kendriya Vidyalaya.

Who are Sovan Mandal's colleagues?

Sovan Mandal's colleagues are Shruti Jain, Kasper Li, Fiona Boyle, Pragya Sabharwal, Manu Sharma, Nanditha Jm, Sumari Taljaard.

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