Radian Group Inc., a real estate organization that specializes in mortgage insurance, announced that Sumita Pandit has been appointed Senior Executive Vice President and Chief Growth Officer. Reporting to Radian’s Chief Executive Officer Rick Thornberry, she will join the company’s executive leadership team and lead activities associated with developing and implementing the company’s long-term strategic growth plans.
“I am delighted to have Sumita join our team and I look forward to working with her to develop and execute our comprehensive long-term growth strategy. She is a talented executive with a successful track record of helping transformative digital companies achieve their growth plans. Given her broad experience, Sumita is an excellent addition to complement our outstanding team as we continue to focus on accelerating our strategic vision for Radian in a rapidly changing marketplace,” said Thornberry. “In this position, Sumita will be focused on leveraging Radian’s strong capital position and strategic financial flexibility to identify, develop and execute on opportunities to achieve our long-term strategic goals.”
“I am excited to join Radian and look forward to partnering with Rick and the rest of the leadership team to drive the company into its next phase of growth,” Pandit said.
Pandit joins Radian after serving as the Chief Operating Officer of global digital payment company, dLocal, since 2021. Previously, Pandit was a Managing Director and Global Head of Fintech Investment Banking for J.P. Morgan. Prior to J.P. Morgan, Pandit worked at Goldman Sachs. In 2021, she was named to the Top 25 Women Leaders in Financial Technology list by The Financial Technology Report. She serves on the board of Pushpay, a public company that offers donor engagement software to non-profits. Pandit earned an MBA from The Wharton School at the University of Pennsylvania, where she was a Palmer Scholar, and earned her undergraduate degree in Electrical Engineering from the National Institute of Technology, India.
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