Jio Financial Services Strengthens Leadership: Sandeep Khetan Appointed Group Chief Risk Officer

Jio Financial Services (JFS) has announced a significant expansion of its senior leadership team with the appointment of Sandeep Khetan as the Group Chief Risk Officer (CRO). The Board of Directors formalized the decision on Tuesday, approving a five-year term for Khetan effective March 23, 2026. This transition follows the resignation of S. Anantharaman, who will step down on March 20 to pursue other opportunities. The appointment underscores Jio’s commitment to building a world-class risk management framework as it scales its digital-first financial ecosystem.

Architect of Integrated Risk Governance

Sandeep Khetan is already a key figure within the organization, having joined Jio Financial Services in July 2025 as the Head of Integrated Risk Management. In this capacity, he has been a primary architect in launching a unified risk governance architecture that bridges the company’s diverse verticals, including lending, insurance, and payments.

His strategic focus has been on institutionalizing a technology-driven “Second Line of Defense.” By aligning risk frameworks and strengthening internal controls, Khetan has ensured that JFS maintains operational resilience while aggressively expanding its consumer-facing digital products.

Driving Strategic Growth

As Group CRO, Khetan will report to the Board and the CEO, ensuring that the group’s growth remains within a robust risk appetite. His leadership is expected to further enhance the transparency and security of the JioFinance app, which currently serves millions of customers across India. With JFS evolving into a full-stack financial services provider, Khetan’s mission will be to balance rapid innovation with regulatory adherence, protecting shareholder value while delivering seamless financial solutions to the modern Indian consumer.