Kuflink has announced that CEO Narinder Khattoare will step down, marking the end of a 12-year tenure.
Khattoare (pictured) joined the peer-to-peer lender, in 2013, initially leading the sales team under Alpha Bridging, before stepping into the CEO role in 2017.
Under his leadership, the company successfully rebranded, secured FCA regulation, and established a track record of over £390 million in investments without a single investor losing funds.
Khattoare said: “Kuflink has been more than just a company to me—it has been a family. I’m incredibly proud of what we’ve built together, from our rebrand in 2016 to becoming an FCA-regulated P2P lender and, more recently, being recognised as one of the Sunday Times Best Places to Work. Most importantly, we’ve built a platform where not a single investor has lost a penny—something that speaks to the dedication and integrity of the entire team.
“As I step away, I do so knowing that Kuflink is in strong hands and well-positioned for continued success. I look forward to seeing the business go from strength to strength in the years ahead.”
To ensure a smooth transition, Kuflink’s original co-founder, Rawinder Binning, has been appointed as the new CEO.
He stated: “Narinder’s leadership has played a fundamental role in shaping Kuflink into the respected lender it is today. We thank him for his years of dedication and the incredible impact he has had on the business. I’m excited to build on this foundation alongside our team, ensuring Kuflink continues to innovate, grow, and deliver outstanding value to our investors and borrowers.”
Alongside Rawinder’s appointment, Kuflink has strengthened its leadership team to drive its next phase of expansion. Gurmit Raina officially steps in as chief financial officer (CFO) after previously working with the firm as a financial consultant.
In addition, Hari Ramathury, one of Kuflink’s original co-founders, returns as chief innovation officer (CIO) to spearhead strategic development and market expansion.
Finally, Carl Rosenberg, who has been with Kuflink since 2018, steps up as chief technology officer (CTO), reinforcing the company’s focus on digital transformation.
Bal Thind, Kuflink’s chairman, added: “Narinder’s leadership has helped shape Kuflink into what it is today—a platform built on trust, security, and innovation. He leaves behind a strong foundation, and we are grateful for his dedication and the positive impact he has had on the business.
“With Rawinder at the helm and an experienced leadership team in place, Kuflink is in an excellent position to continue its growth and strengthen its role in the alternative finance market.”
