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Ambit re-positions NBFC under leadership of Vikrant Narang

Ambit has appointed Vikrant Narang as head – NBFC/structured finance.

The business has additionally brought in Sunil Gulati as an external senior adviser. 
Sanjay Sakhuja, CEO, Ambit Investments, says: “Ambit’s NBFC business, along with co-investors, will focus on providing Structured Lending solutions to our clients. I am delighted to welcome Vikrant to lead this initiative, and to welcome Sunil, whose counsel will significantly enhance our risk underwriting capabilities.”
Narang joins Ambit from KKR’s NBFC business, where he has led several transactions over the past four years. He has extensive experience across structured finance, acquisition financing, syndicated loans and corporate finance in onshore and offshore markets. He was earlier with Barclays, ABN Amro, and PWC.
Gulati brings three decades of global experience in the banking industry with Bank of America, ING, Yes Bank and RBL Bank. Until recently, he was the chief risk officer for RBL Bank. He is currently a board member and adviser to several companies in the financial services and fintech sectors.

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