IndoStar Executive and Leadership Team

September, 2026

Leadership Overview

IndoStar has 5 executives leading key functions including strategy, corporate governance, operational efficiency, financial management, and human capital development.

Focused on delivering robust credit solutions across India, IndoStar empowers small businesses and individual borrowers through specialized vehicle and home financing products that drive sustainable economic growth.

Leadership Roles at IndoStar

  • Chief Executive Officer - Deep Jaggi
  • Managing Director & Chief Executive Officer - Vimal Bhandari
  • Chief Financial Officer - Jayesh Jain
  • Chief Operating Officer - Amit Khan
  • Chief Human Resources Officer - Jasmine Bawa
  • Deep Jaggi - Chief Executive Officer

    Deep Jaggi, the Chief Executive Officer at IndoStar, directs the overarching strategic vision for the organization. Deep Jaggi architects long-term growth initiatives by expanding the reach of vehicle and SME financing products across diverse Indian markets. The Chief Executive Officer manages high-level relationships with institutional investors and regulatory bodies to ensure compliance and market stability. By prioritizing digital transformation within the lending lifecycle, the Chief Executive Officer optimizes customer acquisition and loan processing speeds. This leadership role involves constant monitoring of macroeconomic trends to adjust risk appetite and product offerings accordingly. Through rigorous oversight of the lending portfolio, the Chief Executive Officer maintains asset quality while scaling operations. The Chief Executive Officer fosters a culture of performance and accountability, ensuring that all business units align with the broader mission of providing accessible credit to underserved segments of the economy.

    Vimal Bhandari - Managing Director & Chief Executive Officer

    Vimal Bhandari, the Managing Director & Chief Executive Officer at IndoStar, governs the corporate structure and board-level strategic alignment. Vimal Bhandari executes complex capital allocation strategies to support the expansion of home finance and commercial lending divisions. The Managing Director & Chief Executive Officer oversees the integration of governance frameworks that protect shareholder interests while driving aggressive market penetration. By navigating the intricacies of the non-banking finance sector, the Managing Director & Chief Executive Officer secures the necessary liquidity to fund diverse credit portfolios. This leadership role requires deep engagement with stakeholders to communicate the company's value proposition and financial health. Through the implementation of robust internal controls, the Managing Director & Chief Executive Officer mitigates systemic risks. The Managing Director & Chief Executive Officer champions sustainable business practices that ensure long-term viability and competitive advantage within the highly dynamic Indian financial services landscape.

    Jayesh Jain - Chief Financial Officer

    Jayesh Jain, the Chief Financial Officer at IndoStar, oversees the financial health and fiscal planning of the company. Jayesh Jain manages the balance sheet, liquidity position, and capital structure to support the diverse financing needs of the business. The Chief Financial Officer directs the budgeting, forecasting, and financial reporting processes that provide transparency to the board and external investors. By optimizing the cost of funds and managing interest rate risks, the Chief Financial Officer ensures that the company maintains a competitive edge in the lending market. This leadership role involves rigorous oversight of tax planning and regulatory financial compliance. Through the implementation of sophisticated financial modeling, the Chief Financial Officer identifies opportunities for margin expansion and capital efficiency. The Chief Financial Officer provides the analytical foundation for all strategic decisions, ensuring that every investment aligns with the company's long-term financial objectives and risk management standards.

    Amit Khan - Chief Operating Officer

    Amit Khan, the Chief Operating Officer at IndoStar, manages the daily execution of lending operations and service delivery. Amit Khan optimizes the operational workflow for vehicle and SME finance, ensuring that loan disbursement processes remain efficient and customer-centric. The Chief Operating Officer directs the regional teams responsible for field-level credit assessment and collection activities across the country. By implementing advanced technology solutions, the Chief Operating Officer streamlines the interaction between branch networks and the central office. This leadership role involves constant refinement of operational protocols to reduce turnaround times and improve service quality. Through the management of cross-functional teams, the Chief Operating Officer ensures that operational capacity matches the aggressive growth targets set by the board. The Chief Operating Officer maintains a sharp focus on operational excellence, driving productivity gains that directly contribute to the overall profitability and market responsiveness of the organization.
    Amit Khan

    Jasmine Bawa - Chief Human Resources Officer

    Jasmine Bawa, the Chief Human Resources Officer at IndoStar, architects the talent strategy and organizational culture. Jasmine Bawa drives recruitment, training, and retention programs designed to build a high-performing workforce capable of supporting the company's complex financial operations. The Chief Human Resources Officer oversees the development of performance management systems that align individual contributions with corporate goals. By fostering an inclusive and professional environment, the Chief Human Resources Officer ensures that the company attracts top-tier talent in the competitive financial services sector. This leadership role involves managing employee relations and organizational development initiatives that promote long-term engagement. Through the design of competitive compensation and benefits structures, the Chief Human Resources Officer supports the retention of key personnel. The Chief Human Resources Officer maintains a focus on leadership development, ensuring that the organization possesses the internal capability to navigate future growth and industry challenges effectively.

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    Frequently Asked Questions Regarding IndoStar Top Executives and Leadership Team

    Who leads IndoStar?
    IndoStar is led by Deep Jaggi (Chief Executive Officer), along with executives such as Vimal Bhandari (Managing Director & Chief Executive Officer) and Jayesh Jain (Chief Financial Officer).
    Who is part of IndoStar’s executive team?
    The executive team of IndoStar includes leaders such as Deep Jaggi (Chief Executive Officer), Vimal Bhandari (Managing Director & Chief Executive Officer), Jayesh Jain (Chief Financial Officer) and other senior executives.
    How many executives does IndoStar have?
    IndoStar has 5 executives leading key business areas.
    What roles are included in IndoStar’s leadership team?
    The leadership team of IndoStar includes roles such as Chief Executive Officer, Managing Director & Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Chief Human Resources Officer.