Seasoned executive aims to drive continued growth
Fix-and-flip lender Kiavi has confirmed the promotion of chief operating officer Arvind Mohan (pictured) to CEO.
Mohan succeeds Michael Bourque as CEO and will join Kiavi’s board of directors. According to the private lender, the move will help the company drive continued growth despite challenging market conditions and accelerate the company’s position in the real estate investment market.
“It has been a great honor to serve as the CEO of Kiavi since 2020, and I am incredibly proud of everything our team has accomplished together during my 4.5 years with the company,” said Bourque. “We have built a high-growth, profitable fintech company that is a leader in serving residential real estate investors.”
Bourque added he’s confident that Mohan is the “right person to build on this momentum. He is a seasoned leader with significant experience in financial services and capital markets, driving customer experience improvements and operational efficiencies through technology and data and creating long-term value. And, importantly, he cares deeply about each member of our team. Kiavi is fortunate to have him as the next CEO.”
Mohan joined the company in 2016 and has served as Kiavi’s COO since 2020. Before Kiavi, he spent more than a decade in the fixed-income division at Barclays, overseeing teams in the securitized products group.
“I know that I speak for everyone at Kiavi in thanking Michael for his leadership and impact on the company,” Mohan said. “I am thrilled to assume this new role and for the future of Kiavi. We have a special culture and an exceptionally talented team that is focused on delivering for our customers, continuing to innovate our products and channels in new and diverse ways, and unlocking future opportunities for growth. I look forward to leading Kiavi through this next stage of growth.”
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