California-based fintech company Oportun has added Indian American Mohit Daswani to its independent board of directors with effect from February 7, 2024. With the inclusion of Daswani and Carlos Minetti, the company has raised the number of board members from seven to nine.
As chief financial officer of ThoughtSpot, Inc., an artificial intelligence powered analytics company, Daswani lead the finance and accounting, people, legal, corporate development, IT and real estate teams. He has also served as chief financial officer (CFO) of payments, platform and risk at PayPal as the company was decoupling from eBay.
With expertise in investment banking and private equity industries, Daswani has contributed in fields of financial services, healthcare, and IT, as a principal at JMI Equity, a principal at FTV Capital, and as a long-tenured private equity professional at JP Morgan.
As per his LinkedIn profile, he had also worked at the Fund Development Council of Columbia Univeristy in New York; and has served as a advisory board member at Centana Growth Partners. He completed his MBA from Harvard Business School and a bachelor’s degree in economics from Columbia University.
Oportun's nominating, governance and social responsibility committee chairman, Ginny Lee, said, “After an extensive search that considered many qualified independent candidates, our committee unanimously recommended and the full board has unanimously appointed both Carlos and Mohit, to the Oportun board."
Lee added that their backgrounds in consumer finance "provide confidence that both Carlos and Mohit will prove to be outstanding independent directors who will champion the interests of our shareholders and other stakeholders.”
Raul Vazquez, the chief executive officer (CEO) of Oportun, said, “I expect that the board and the leadership team will immediately leverage their deep knowledge in consumer-related financial services.”
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