Jio Financial Services Share Price in Focus; Announces Leadership Change in Risk Management

Jio Financial Services Limited has announced a change in its senior management with the appointment of Sandeep Khetan as Group Chief Risk Officer (CRO), effective March 23, 2026. 

Leadership Transition 

The Board approved Khetan's appointment for a 5-year term, based on recommendations from the Nomination and Remuneration Committee and Group Risk Management Committee. This follows the resignation of incumbent CRO S. Anantharaman, effective March 20, 2026. 

Khetan's Background and Expertise 

A 2001-batch Chartered Accountant, Khetan brings 24 years of banking experience specializing in credit, market, and operational risk.  

He joined Jio Financial in July 2025 as Head of Integrated Risk Management, where he established a unified risk governance framework across lending, insurance, and payments. 

Prior Experience 

Khetan spent over 23 years at ICICI Bank, leading functions in credit policy, SME/MSME financing, and retail banking.  

His expertise includes scaling risk operations, integrating complex frameworks, and leveraging technology for predictive risk management. 

Strategic Role 

As Group CRO, Khetan will oversee the 'Second Line of Defence', strengthening risk controls and tech-driven solutions across Jio Financial's ecosystem. His appointment aligns with the company's focus on robust risk governance in its financial services expansion. 

Read More: JioFinance Share Price in Focus After App Introduces Fixed Deposit Platform for Banks and NBFCs! 

Jio Financial Services Share Price Performance 

As of February 17, 2026, at 2:01 PM, Jio Financial Services share price on NSE was trading at ₹262.50 down by 0.02% from the previous closing price. 

Conclusion 

Sandeep Khetan's appointment as Jio Financial Services' Group Chief Risk Officer reflects the company's commitment to advanced risk management, leveraging his extensive banking expertise to support its integrated financial services strategy. 

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