In a move aimed at strengthening risk governance, Five-Star Business Finance Limited has extended the tenure of its Chief Risk Officer, Jayaraman S, for a further three years starting June 1, 2026. The decision was approved by the board following a recommendation from the Nomination and Remuneration Committee, underscoring the company’s emphasis on continuity at the helm of risk management as it steers through a dynamic lending landscape.
Jayaraman S is a chartered accountant with about 28 years of experience spanning credit, finance, treasury and indirect taxation. He has been with Five-Star for roughly five-and-a-half years and has served as Chief Risk Officer since May 2021. Prior to joining Five-Star, he spent more than 16 years at Redington, where he handled treasury, credit management, investor relations, indirect taxation and internal audit. The extended tenure reflects the board’s confidence in his leadership of the company’s risk framework and governance as it scales its operations.
The announcement signals a focus on stable, experienced risk stewardship at a time when lending organizations increasingly prioritize robust risk controls to navigate regulatory expectations, market volatility and credit quality pressures. By anchoring senior risk leadership, Five-Star aims to maintain strategic clarity and oversight across its risk management functions, reinforcing confidence among investors and lenders alike.