Guaranteed Rate hires new CFO

Mortgage lender Guaranteed Rate has named Suk Shah as the company’s chief financial officer.

In his new role, Shah will be responsible for expanding the profitability and efficiency of Guaranteed Rate’s product, technology, and services. He joined the firm from Fintech firm Avant, where he also served as CFO.

"Suk is a huge hire for Guaranteed Rate and is a perfect cultural fit," said founder and CEO Victor Ciardelli. "With an extensive background as a fintech CFO, he brings a ton of experience to the company, including areas such as mergers and acquisitions."

"Guaranteed Rate is a pioneer in the digital mortgage industry and is uniquely positioned as an industry leader to drive mortgage volume and revenue through its innovative products and services," Shah said. "I'm looking forward to joining this highly tenured and passionate leadership team to make a transformative impact for the company."