Mohan’s proven capital, financial and operational expertise to further strengthen Kiavi’s market position
SAN FRANCISCO, February 14, 2023 /PRNewswire/ — Kiavi, one of the nation’s largest lenders to real estate investors, announced today that the company’s board of directors has been appointed Arvin Mohan as general manager. Mohan will provide day-to-day leadership of the company and will also join Kiavi’s board of directors. Mohan, a financial markets veteran, has served as Kiavi’s Chief Operating Officer since 2020 and has held various other leadership positions since joining the company June 2016. Michael Bouque has resigned from his position as Chief Executive Officer. This will help the company to drive further growth despite difficult market conditions and strengthen the company’s position in the real estate investment market.
“It has been my honor to be CEO of Kiavi since 2020 and I am incredibly proud of everything our team has achieved together in my 4.5 years at the company. We’ve built a high-growth, profitable fintech company and a leader in serving residential real estate investors,” said Bourque. “The Board and I believe Arvind is the right person to build on this momentum. He is an experienced executive with extensive… Experience in financial services and capital markets driving customer experience improvements and operational efficiencies through technology and data and long-term long-term value.More importantly, he cares deeply about each member of our team.Kiavi will be lucky to have him next to have a CEO,” he continued.
Mohan brings more than 17 years of strong leadership experience to his new role. During his seven years at Kiavi, he held various senior positions in the capital markets area and, since 2020, has served as Chief Operating Officer responsible for software development, product, risk, operations, capital markets and mortgage operations. Prior to Kiavi, Mohan spent over 10 years in the Fixed Income division at Barclays where he led teams in the Securitized Products group. Mohan has a BS and MS in Computer Engineering from Carnegie Mellon University.
“I know I speak for everyone at Kiavi when I thank Michael for his leadership and impact on the company,” said Mohan. “I am very excited to take on this new role and the future of Kiavi. We have a distinctive culture and an exceptionally talented team focused on delivering for our customers, continuing to innovate our products and channels in new and diverse ways, and unlocking future growth opportunities. I look forward to guiding Kiavi through this next phase of growth,” he added.
About Kiavi
With more than $12.3 billion For funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). Kiavi harnesses the power of data and technology to offer REIs a simpler, more reliable and faster way to access the capital they need to scale their business. Formerly known as LendingHome, Kiavi is committed to helping its customers revive the vague $25 trillion US homes’ worth of pre-existing housing stock to provide ready-to-move-in homes and rentals for millions of Americans across the country. Visit www.kiavi.com for more information. NMLS ID #1125207.
SOURCE Kiavi Inc.
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