Kuflink has announced that CEO Narinder Khattoare will be stepping down, marking the end of a 12-year tenure that saw the company evolve into a high-performing peer-to-peer lender with over £390m in investments.
Narinder, who joined Kuflink in 2013 and became CEO in 2017, reflected on his time with the business, saying: “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 has appointed co-founder Rawinder Binning as CEO.
“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,” said Binning.
Kuflink has also made key leadership changes to strengthen its position in the alternative finance sector.
Gurmit Raina has been appointed chief financial officer, having initially joined as a financial consultant.
Co-founder Hari Ramathury returns as chief innovation officer to drive strategic development, while Carl Rosenberg steps up as chief technology officer to focus on digital transformation.
Chairman Bal Thind praised Narinder’s impact on the business, saying: “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.”
