Pagaya Appoints Sanjiv Das as President to Strengthen Leadership Team

Pagaya Technologies Ltd., a global technology company specializing in artificial intelligence infrastructure for the financial ecosystem, has announced the appointment of Sanjiv Das as its new President. With over 30 years of experience in consumer banking and mortgage, Das brings a wealth of expertise to Pagaya’s leadership team.

In his new role, Das will be responsible for overseeing the strategy and growth of Pagaya’s commercial business, including its single-family rental business and Darwin subsidiary. He will focus on enhancing the company’s tech-enabled product offerings and expanding lending partnerships, both new and existing.

Das joins Pagaya from Caliber Home Loans, where he served as CEO and contributed to significant year-over-year growth in the non-banking sector. Prior to that, he held leadership positions at Citi’s Mortgage Division, First Data, Morgan Stanley, American Express, and Bank of America.

The appointment of Das comes as Pagaya continues to onboard new partners and expand its AI-driven lending network, providing increased access to financial opportunities for customers. Ashok Vaswani, the outgoing President, has successfully led these efforts and will continue to support Pagaya as an advisor during the transition.

Gal Krubiner, Pagaya’s Co-founder and CEO, expressed excitement about Das joining the team, highlighting his global perspective and entrepreneurial experience in the financial sector. Krubiner also thanked Vaswani for his contributions and wished him success in his future endeavors.

Das expressed his enthusiasm for joining Pagaya and supporting the company’s vision of enabling greater lending opportunities and financial inclusion. He looks forward to leveraging his experience to drive strategic growth and create value for investors, lending partners, and customers through Pagaya’s innovative product offerings.

Pagaya Technologies Ltd. is a global technology company that aims to make life-changing financial products and services more accessible. By utilizing machine learning, extensive data networks, and AI-driven approaches, Pagaya provides comprehensive consumer credit and residential real estate solutions. Their proprietary API and capital solutions integrate seamlessly with partner networks, delivering enhanced user experiences and broader access to the mainstream economy.

With offices in New York and Tel Aviv, Pagaya is reshaping the financial services ecosystem and empowering individuals with its transformative solutions.

For more information about Pagaya Technologies Ltd., please visit pagaya.com.

Source: [Business Wire]