Mumbai, Oct. 20 -- Canadian private equity giant Brookfield backed non-banking finance firm IndoStar Capital Finance (ICFL) has appointed Deep Jaggi as its chief business officer, the lender said in a statement.

IndoStar is a NBFC engaged in providing used and new commercial vehicle financing for transporters, loans to SME borrowers and affordable home finance.

Jaggi will report to R Sridhar, executive vice-chairman and CEO of Indostar.

Jaggi joins from HDB (a wholly-owned subsidiary of HDFC Bank), where he was head of asset finance for the past 10 years and was responsible for the P&L of commercial vehicles, construction equipment, passenger vehicles and tractors business. He has previously worked at Cholamandalam Finance and Apollo T...