loanDepot has named Sudhir Nair as its chief information and technology officer, the company announced.
loanDepot said Nair will be based at the company’s mello Innovation Lab, and will report to Senior Executive Vice President, Chief Revenue Officer Jeff Walsh.
“Sudhir Nair brings an excellent balance of business-centric IT leadership and emerging technology solutions acumen,” Walsh said in a release. “His capacity for identifying growth opportunities that provide exceptional ROI are well known within the industry, and we are delighted that he will be joining us as we enter our second decade of business.”
loanDepot said Nair is a recognized thought leader who engineers innovative, reliable and integrated systems that ensure exceptional results. The company said he has been instrumental in developing technology solutions that are highly scalable and responsive and drive revenue growth.
“Sudhir Nair will be instrumental in helping us to design and implement enhancements that will enable us to continue to transform the mortgage experience,” Chief Operating Officer Tammy Richards said. “We challenged the industry with our mello smartloan, and, with Sudhir’s leadership, we will continue to create technologies that will delight our customers and improve the mortgage experience.”
“Sudhir Nair is joining us at an ideal time” founder and CEO Anthony Hsieh added. “During our first decade, we established ourselves as an industry innovator, unafraid to make an investment in the technologies that we knew would transform the industry. As we enter our second decade, we plan to continue in that vein, but in a boldly customer-centric manner — and it is in this arena that Sudhir excels.”