Jio Financial Services has elevated Sandeep Khetan to the role of Group Chief Risk Officer, reinforcing its focus on enterprise-wide risk oversight as the company expands across lending, insurance and payments. The appointment, approved by the Board for a five-year term effective March 23, follows recommendations from the Nomination and Remuneration Committee as well as the Group Risk Management Committee.
Khetan joined the company in July 2025 as Head of Integrated Risk Management. Since then, he has led efforts to design and implement a consolidated risk governance framework spanning the group’s diversified financial services portfolio. His mandate included harmonising credit, market and operational risk controls while embedding technology-led monitoring systems to strengthen the organisation’s second line of defence.
A Chartered Accountant with more than 24 years of experience in banking, Khetan previously spent over two decades at ICICI Bank. During his tenure there, he handled senior responsibilities across credit policy, SME and MSME financing, supply chain finance, and retail and business banking distribution. His background in managing complex credit portfolios and scaling risk systems across large operations is expected to support Jio Financial Services as it deepens its presence in India’s financial ecosystem.
The leadership move comes at a time when non-bank financial platforms are under heightened regulatory scrutiny and growing competitive intensity, making integrated and technology-driven risk governance a strategic priority.
From a RiskAwareness perspective For emerging financial conglomerates, risk architecture must evolve ahead of asset growth, not react to it. Strengthening the second line of defence through unified data, policy alignment and proactive risk intelligence will be central to sustaining balance sheet quality and regulatory credibility.
