Press Release
Mar 20, 2024
LendAPI proudly announces the appointment of Kenneth Lim as Chief Risk Strategist, leveraging his extensive background in credit risk management garnered from esteemed organizations like LendingClub and Deserve. With a proven track record in driving strategic initiatives and managing complex credit programs, Kenneth's vision perfectly aligns with LendAPI's mission to revolutionize the lending landscape through a fully configurable Loan Origination System (LOS). Timothy Li, CEO of LendAPI, expresses confidence in Kenneth's strategic insights, emphasizing his invaluable addition to the leadership team. Kenneth's appointment signifies a pivotal step towards strengthening LendAPI's position as a leader in the fintech industry, promising impactful contributions as they continue their mission.
LendAPI Appoints Kenneth Lim as Chief Risk Strategist
We are thrilled to announce the appointment of Kenneth Lim as the Chief Risk Strategist at LendAPI. With an extensive background in credit risk management and a proven track record of driving strategic initiatives across various financial institutions, Kenneth brings a wealth of experience and expertise to our team.
Kenneth's career journey is marked by significant achievements in risk management, product strategy, and analytics. He has held pivotal roles in esteemed organizations, including LendingClub, Caribou, and DriveTime, where he spearheaded credit risk management functions, oversaw product strategy and development, and managed underwriting analytics.
During his tenure at Deserve, Kenneth led the credit risk management function, managing 13 active credit programs while successfully onboarding new programs that attracted over 150,000 applications and 18,000 accounts within the first three months. His ability to navigate complex credit structures and align risk management with investor expectations has consistently driven success in his roles.
Kenneth's vision aligns perfectly with LendAPI's mission to create a fully configurable Loan Origination System (LOS) for our clients. He believes that a robust credit and risk integration is pivotal for our clients' success, and he is committed to facilitating this process effectively.
Reflecting on his appointment, Kenneth expressed his enthusiasm, stating, "I am proud to be able to contribute to LendAPI's mission to create a fully configurable LOS system for all. Having a robust and watertight credit and risk integration is key to our clients' success, and I am thrilled to have the opportunity to facilitate that process."
Timothy Li, the CEO of LendAPI, also shared his excitement about Kenneth joining the team, saying, "Kenneth's exceptional track record and deep expertise in credit risk management make him an invaluable addition to our leadership team. We are confident that his strategic insights and innovative approach will further strengthen LendAPI's position as a leader in the fintech industry."
Please join us in welcoming Kenneth Lim to the LendAPI family. We look forward to the impactful contributions he will make as we continue to revolutionize the lending landscape.
About LendAPI
LendAPI is a plug and play digital onboarding platform with a fully featured product designer, rules builder and a workflow orchestration platform that helps banks to launch their products within hours. For demos please visit www.lendapi.com and our youtube channel. Follow us on Linkedin and X.