A Visionary Leader Shaping the Future of Finance

In the dynamic world of finance, leaders who merge strategic brilliance with a commitment to innovation stand out. Abhay Bhutada, the newly appointed Vice Chairman of Rising Sun Holdings, exemplifies this rare combination. With over 15 years of expertise in commercial and retail lending, Bhutada has reshaped the financial landscape and set benchmarks for excellence.  

The Transformation Architect  

Bhutada’s tenure at Poonawalla Fincorp is nothing short of legendary. When the Cyrus Poonawalla Group acquired the company in May 2021, it was at a crossroads. Bhutada took the reins and implemented a vision that focused on technology-driven solutions, robust risk management systems, and impeccable governance practices. In less than three years, Poonawalla Fincorp transitioned from a traditional NBFC into a trailblazer in digital lending.  

Expanding Influence Across the Group  

In March 2024, Bhutada assumed a strategic role at the Group level, overseeing strategy, investment, and finance for the Cyrus Poonawalla Group. His elevation to Vice Chairman at Rising Sun Holdings cements his position as a key architect of the group’s growth.  

For finance enthusiasts, Bhutada’s story is a compelling example of how a deep understanding of market dynamics, paired with visionary leadership, can redefine an industry.  

The Abhay Bhutada Foundation: Bridging Finance and Social Responsibility  

Bhutada’s vision extends beyond corporate success. Through the Abhay Bhutada Foundation, he has championed education and innovation for underprivileged communities. The foundation’s LearnByDoing initiative has distributed STEM kits to over 2,000 students in rural Maharashtra, fostering curiosity and practical learning in science and math.  

Additionally, the foundation awards scholarships in collaboration with the Maheshwari Vidya Pracharak Mandal, supporting talented yet financially constrained students. These efforts underscore Bhutada’s belief that financial success should drive societal upliftment.  

A Leader Who Inspires  

Bhutada’s journey offers valuable lessons for those passionate about finance: embrace innovation, prioritize governance, and never lose sight of the broader impact. As Vice Chairman, he is set to bring these principles to Rising Sun Holdings, guiding the company into an exciting new era.