Sudhir Nair

Sudhir Nair

Foothill Ranch-based lender LoanDepot named Sudhir Nair its Chief Information and Technology Officer.

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Nair has some 20 years of experience in finance and technology, including at Bank of America, Nationstar Mortgage and Washington Mutual. His focus, a statement said, has been on “enabling businesses to better understand, serve and retain their customers for life … developing [scalable] technology solutions … that drive revenue growth.”

LoanDepot has funded more than $202 billion since its 2010 founding and is the fifth largest retail mortgage lender and second largest nonbank lender in the U.S.