Arvind Murarka, Chief Information Officer, Arohan Financial Services Limited
Mumbai, December 30, 2025: Arohan Financial Services Limited, a leading NBFC-MFI, is pleased to announce the re-joining of Arvind Murarka as Chief Information Officer (CIO). In his role, Murarka will lead the organization’s IT function and drive its technology and digital transformation agenda.
Murarka brings with him over 25 years of distinguished leadership experience in enterprise-scale digital transformation, technology modernization, and enabling business growth across financial services and other industries. A seasoned CXO-level technology leader, he is known for aligning IT strategy with business objectives while ensuring robust governance, regulatory compliance, and operational excellence.
During his earlier tenure at Arohan Financial Services Limited, Murarka played a pivotal role in spearheading end-to-end digital transformation initiatives. His contributions included establishing IT governance frameworks aligned with RBI standards, implementing core technology systems, strengthening cybersecurity and risk management frameworks, and driving automation initiatives that delivered significant efficiency improvements and cost optimization.
Prior to re-joining Arohan, Murarka served as Chief Information Officer at Spandana Sphoorty Financial Limited, where he led enterprise-wide IT transformation for a listed microfinance NBFC.
Welcoming him back, Arohan’s leadership expressed confidence that Murarka’s deep institutional knowledge, strategic vision, and proven execution capabilities will further strengthen the company’s technology foundation and support its long-term growth and digital innovation objectives.
Established in 2006 in Kolkata, Arohan Financial Services Limited, a part of The Aavishkaar Group, is among India’s largest NBFC-MFIs. The organisation has a bank loan rating of A (Stable), MFI grading of MF1 from CARE Ratings, a Social Performance rating of SP1, and COCA Dimensions of C1—all of which are top-notch gradings. Arohan is Great Place to Work-Certified™, ranked 35th among India’s Top 100 Best Companies to Work For 2024, ranks as the Best Workplace in the Microfinance Industry 2024, and is among India’s Top 25 Best Workplaces in BFSI – 2024, as per the Great Place to Work® Institute.
Driven by its mission to empower underserved households and small businesses through a range of financial services in a sustainable manner for all stakeholders, Arohan aims to impact 20 million lives by the year 2030.
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