Jio Financial Services Appoints Venkata Peri as Group COO
Mumbai, December 2025 – Jio Financial Services Limited (JFSL) has announced the appointment of Venkata Peri as its Group Chief Operating Officer (COO), effective December 22, 2025. The appointment was approved by the company’s board on the recommendation of the Nomination and Remuneration Committee (NRC).
Venkata Peri brings over 25 years of experience in finance, technology, and global advisory roles. He has worked extensively in the United States with leading firms such as IBM, Deloitte, and PwC, gaining deep expertise in finance transformation, risk management, analytics, and technology-led business solutions.
Professional Background
During his career, Peri has launched multiple CFO and Chief Risk Officer (CRO) advisory offerings and has closely worked with boards, CEOs, CFOs, and CROs across global markets. His work has focused on providing C-suite and board-level advisory on technology and analytics, enabling organisations—especially in the banking and insurance sectors—to improve operational efficiency through advanced data-driven insights.
Education and Academic Contributions
Peri holds a Master’s degree from the London School of Economics (LSE) and an MCA degree from NIT Rourkela. He has also contributed to academia by conducting pro-bono, case-based teaching sessions at leading business schools, including the Indian School of Business (ISB) and UCLA.
About Jio Financial Services
Jio Financial Services is a Core Investment Company (CIC) registered with the Reserve Bank of India (RBI). The company operates a full-stack financial services platform through its customer-facing entities such as Jio Credit, Jio Insurance Broking, Jio Payment Solutions, Jio Leasing Services, Jio Finance Platform and Service, and Jio Payments Bank.
Financial Performance
In Q2 FY26, JFSL reported a 0.9% increase in consolidated net profit to ₹695.04 crore, while net sales rose 32.6% to ₹1,219.57 crore compared to the same quarter last year.
Shares of Jio Financial Services were trading marginally lower at around ₹293 on the BSE, down 0.05%.