Naga Tumuluri

Naga Tumuluri is the Chief Commercial Officer at Clay (https://www.clay.so/team), an early-stage UK digital lender offering unsecured personal loans through direct-to-consumer brands and embedded finance partners. He leads commercial strategy, credit and funding, and reports to the founder and CEO. Naga has 20+ years in consumer credit and lending across global banking, PE-backed specialty finance and fintech; with experience spanning credit cards, unsecured loans, point-of-sale finance, BNPL, mortgages and auto lending. At Blue Motor Finance he was SMF3 Chief Risk Officer and Board member, joining when the business was loss making. Over the following period he reset credit strategy, cut net credit losses by 40%, doubled monthly sales in profitable channels and helped return the company to profitability. He also led the business through an FCA Section 166 review and an attendant customer remediation program. Prior to that, Naga worked as a delegated SMF4 Chief Risk Officer for M&S Bank, through the COVID period, attending the Board and chairing its financial and non-financial risk committees. In addition, he was accountable for credit risk helping design their BNPL product (Sparks Pay) as well as overseeing the Digital channel strategy for the business. At HSBC he spent 15 years in senior risk roles, culminating as Global Head of Unsecured Credit, advising the Global Consumer Bank CRO on a $50bn+ portfolio across 22 markets and co-leading country turnarounds in multiple markets. Naga is a member of the Fintech Circle NED Program and also for Credit 500 (Credit strategy). He speaks regularly at industry events, including Credit Week, LendTech Summit and FTT Lending in 2026.