IndoStar Executive and Leadership Team

May, 2026

Leadership Overview

IndoStar has 7 executives leading key functions including strategy, operations, technology, finance, risk, and revenue.

Driven by a commitment to financial inclusion, IndoStar provides essential financing solutions across vehicle, home, and SME sectors, impacting economic growth in India.

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 Operating Officer, Vehicle Finance - Amandeep Sandhu
  • Chief Technology Officer - Shivam Choudhary
  • Chief Risk Officer & Chief Revenue Officer - Nitin Gyanchandani
  • Deep Jaggi - Chief Executive Officer

    Deep Jaggi, the Chief Executive Officer at IndoStar, directs the company's overall strategic vision and operational execution. Jaggi guides the organization's expansion into new financial product areas and market segments, ensuring alignment with IndoStar's mission to provide comprehensive financial services. This leadership role involves fostering innovation across all departments, from vehicle and home finance to SME lending. Jaggi oversees the integration of new technologies and business processes to enhance customer experience and operational efficiency. The Chief Executive Officer's responsibilities extend to managing key stakeholder relationships, including investors and regulatory bodies, to maintain IndoStar's strong market position. Deep Jaggi drives the company's growth trajectory by identifying emerging opportunities and mitigating potential risks within the dynamic Indian financial landscape.

    Vimal Bhandari - Managing Director & Chief Executive Officer

    Vimal Bhandari, the Managing Director & Chief Executive Officer at IndoStar, spearheads the company's strategic direction and long-term growth initiatives. Bhandari directs all facets of IndoStar's operations, including its core offerings in vehicle financing, home loans, and SME credit solutions. This executive position involves cultivating strategic partnerships and ensuring the company's financial health and market competitiveness. The Managing Director & Chief Executive Officer oversees the development and implementation of robust business strategies designed to expand IndoStar's reach across India. Vimal Bhandari is accountable for driving operational excellence and fostering a culture of innovation to meet evolving customer needs in the non-banking financial sector. Bhandari's leadership ensures sustained value creation for all stakeholders.

    Jayesh Jain - Chief Financial Officer

    Jayesh Jain, the Chief Financial Officer at IndoStar, directs the company's financial planning, reporting, and capital management strategies. Jain oversees all aspects of financial operations, including budgeting, forecasting, treasury, and investor relations, ensuring robust financial health for IndoStar. This executive position is pivotal in managing the company's financial resources to support its growth in vehicle financing, home finance, and SME lending. The Chief Financial Officer plays a key role in capital allocation, risk assessment, and ensuring compliance with all financial regulations. Jayesh Jain collaborates with executive leadership to drive profitability and shareholder value. Jain's financial acumen is essential for navigating the complexities of the Indian financial market and sustaining IndoStar's expansion.

    Amit Khan - Chief Operating Officer

    Amit Khan, the Chief Operating Officer at IndoStar, manages the day-to-day operational functions and ensures seamless execution of business strategies. Khan oversees the efficient delivery of IndoStar's diverse financial products, including vehicle financing, home finance, and SME lending, across its operational network. This critical role involves optimizing business processes, enhancing operational workflows, and driving productivity improvements throughout the organization. The Chief Operating Officer is responsible for maintaining high standards of service quality and operational integrity. Amit Khan works to integrate new technologies and operational methodologies to support company growth and customer satisfaction. Khan's focus remains on achieving operational excellence and maximizing efficiency in all business activities.
    Amit Khan

    Amandeep Sandhu - Chief Operating Officer, Vehicle Finance

    Amandeep Sandhu, the Chief Operating Officer, Vehicle Finance at IndoStar, directs the operational strategy and execution specifically for the company's vehicle financing division. Sandhu oversees all aspects of vehicle loan origination, servicing, and portfolio management, ensuring efficient and compliant operations. This leadership role focuses on optimizing processes to enhance customer experience and drive growth within the competitive vehicle finance market. The Chief Operating Officer, Vehicle Finance is responsible for managing operational risks, improving service delivery, and implementing best practices across the vehicle finance segment. Amandeep Sandhu collaborates with other departments to ensure seamless integration of services and support for IndoStar's broader financial offerings. Sandhu's expertise is crucial for the success of the vehicle finance business.

    Shivam Choudhary - Chief Technology Officer

    Shivam Choudhary, the Chief Technology Officer at IndoStar, architects the company's technological infrastructure and digital transformation roadmap. Choudhary directs the development and implementation of innovative technology solutions that enhance IndoStar's service delivery across vehicle financing, home loans, and SME finance. This role involves overseeing all IT operations, cybersecurity measures, and data management strategies to ensure robust and secure systems. The Chief Technology Officer champions the adoption of cutting-edge technologies to streamline processes, improve customer engagement, and drive operational efficiency. Shivam Choudhary collaborates closely with other executive leaders to align technology initiatives with the company's broader business objectives, ensuring IndoStar remains at the forefront of financial technology. Choudhary's vision propels the company's digital evolution.
    Shivam Choudhary

    Nitin Gyanchandani - Chief Risk Officer & Chief Revenue Officer

    Nitin Gyanchandani, the Chief Risk Officer & Chief Revenue Officer at IndoStar, holds dual responsibility for safeguarding the company's financial stability and driving revenue growth. Gyanchandani oversees the comprehensive risk management framework, identifying and mitigating potential threats across all business lines, including vehicle finance, home finance, and SME lending. Simultaneously, this executive directs revenue generation strategies, focusing on expanding market share and optimizing sales performance. The Chief Risk Officer & Chief Revenue Officer ensures that risk appetite aligns with strategic revenue objectives. Nitin Gyanchandani works to implement robust controls while pursuing aggressive growth targets, balancing prudence with market opportunity. Gyanchandani's integrated approach is vital for sustainable business development.

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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 7 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 Operating Officer, Vehicle Finance.