Sanjiv Das

Sanjiv Das (born February 22, 1962) is the CEO of Lonestar’s, Caliber Home Loans. Caliber is a home mortgage originator and servicer established in 2013 by the merger of Caliber Funding and Vericrest Financial. He is the former CEO of CitiMortgage, a position he held from January 2008 until he resigned in December 2013.[1]

Sanjiv Das
BornFebruary 22, 1962
India
Alma materUniversity of Delhi (B.A.), Indian Institutes of Management (M.B.A.)
OccupationC.E.O. at Caliber Home Loans

Career and education

Das is the Chief Executive Officer of Caliber Home Loans, a post he has held since February 2016.[2][3] Since Das was appointed CEO, the company has continued its expansion in the Western part of the United States. The company announced plans to acquire First Priority Financial in May 2016, and continues its strategy of expanding into high-growth, regional markets with attractive long-term opportunities.[4]

Earlier in his career, Das worked for American Express, Bank of America, First USA, and Morgan Stanley. He was appointed CEO of CitiMortgage in 2008, taking over Citi’s mortgage business during the U.S. economic downturn and housing crisis.[5] While at Citi, Das was instrumental in designing and successfully delivering numerous consumer programs, which helped families avoid foreclosure, stay in their homes and regain their financial footing. He pioneered a loan modification program that allowed recently laid-off borrowers to reduce their monthly mortgage payments by about $500 for three months.[6] He also launched the Citi Military Road to Recovery Tour, aimed at assisting United States servicemembers with financial education, and the PCS Transfer Assistance Program, which lowered mortgage payments for United States servicemembers who were forced to relocate.[7]

Das left Citi to join ex-CEO of Citigroup, Vikram Pandit, to set up a private equity practice for TGG Group. In 2014, he was hired as Chief of Staff at First Data Corporation, a global payment technology solutions company owned by private equity firm KKR.[8] He was a member of the leadership team that took First Data public in October 2015, delivering the largest IPO of the year.[9] Das also helped First Data launch Apple Pay in the UK.[10][11]

Das serves on the advisory board for the Columbia University Center in Indian Economic Policies.[12]

He received his MBA from the Indian Institute of Management and his B.A. in Mathematics from the University of Delhi.

Media

Das is a regular guest speaker on CNBC, Bloomberg, and Fox Business. He is also frequently referenced by the Wall Street Journal and the New York Times.[8][13][14][15][16]

References
  1. "Executive Profile of Sanjiv Das". Bloomberg.
  2. Passy, Jacob (February 12, 2016). "Caliber Home Loans Names Sanjiv Das as New CEO". National Mortgage News.
  3. "Specialty Management Firms". Loan Star Funds.
  4. Lane, Ben (May 25, 2016). "Caliber Home Loans acquires First Priority Financial". HousingWire.
  5. Allen, Matt (July 1, 2008). "Das named CEO of CitiMortgage". St. Louis Business Journal.
  6. Armour, Stephanie (April 27, 2009). "CitiMortgage CEO Sanjiv Das helps people keep their homes". ABC News.
  7. Glink, Ilyce (July 2, 2012). "Citi offers help to armed forces members". CBS News.
  8. Kapner, Suzanne (April 21, 2014). "Former Citi Executive Sanjiv Das to Join First Data". Wall Street Journal.
  9. Demos, Telis (October 1, 2015). "First Data to Raise Up to $3.7 Billion in IPO". Wall Street Journal.
  10. "First Data Announces Additions to Senior Leadership Team". BusinessWire. First Data Corporation. October 1, 2014.
  11. "First Data to Support Launch of Apple Pay in the UK". BusinessWire. First Data Corporation. June 8, 2015.
  12. "Deepak and Neera Raj Center on Indian Economic Policies Advisory Board". Columbia SIPA. Columbia University.
  13. "CitiMortgage CEO on JPMorgan Suit". CNBC. October 2, 2012.
  14. "Citi's Das Urges Changes to Loan Modification Programs: Video". YouTube. Bloomberg.
  15. "Positive Signs for Housing Market Growth". Lou Dobbs Tonight. Fox Business. December 10, 2012.
  16. Goldstein, Matthew (September 7, 2016). "Caliber Home Loans Embraces Borrowers With Spotty Credit". Dealbook. New York Times.
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