Sagent Promotes Sridhar Sharma To CEO; Names Fannie Mae Veteran Andrew Bon Salle Board Chairman

Leadership moves position the fintech innovator to accelerate growth and scale deployment of Dara AI, the industry's next-generation end-to-end mortgage servicing platform

DALLAS, Sept. 21, 2026 /PRNewswire/ -- Sagent, a leading fintech company powering several of the largest mortgage operators in the country, today announced the promotion of Sridhar Sharma to Chief Executive Officer and the appointment of Fannie Mae veteran Andrew Bon Salle as Chairman of the Board. The strategic leadership changes come as the company accelerates the growth and scaled deployment of Dara, its AI-native, end-to-end servicing platform.

Sharma, who previously served as Sagent's President, has been a pivotal force in advancing the company's mission to unify and scale the entire mortgage lifecycle through Dara. Prior to joining Sagent, he spent a decade leading product, technology, and AI initiatives at Mr. Cooper. Under his technical leadership, Mr. Cooper developed several patented artificial intelligence and machine learning platforms and accelerated growth to become America's largest mortgage servicer. Sharma's experience pioneering the application of AI in mortgage servicing helped shape the vision for Dara.

As CEO, Sharma will lead the next phase of growth, with a focus on ongoing large-scale Dara implementations, expanding adoption of Dara, and driving efficiency and new capabilities for servicers.

"Mortgage servicing is entering an era where processes evolve in real-time and human capital is focused only on the most complex issues and in delivering amazing customer experience," said Sridhar Sharma, CEO of Sagent. "DaraIQ, the platforms underlying AI engine, is designed to help servicers continuously optimize for scale and speed with a robust catalog of compliant agentic workflows. I'm excited to lead this next chapter of innovation and help servicers realize the benefits of Dara."

Experienced Industry Leadership for Sagent's Next Phase 

As Chairman, Andrew Bon Salle brings nearly three decades of executive leadership experience from Fannie Mae, where he held multiple senior leadership positions and shaped some of the industry's most significant strategic, operational, and technology initiatives. His deep understanding of housing finance, servicing, capital markets, and regulatory dynamics will help expand the reach of Dara and advance the modernization of mortgage servicing.

"Dara is truly differentiated in the market. It is designed to meet servicers wherever they are on their AI transformation journey, giving them the flexibility to balance human expertise and AI-driven automation in the way that best fits their business," said Andrew Bon Salle, Chairman of the Sagent Board of Directors. "The company is at an important point in its evolution. I'm excited to work with Sridhar and the team as we continue to transform mortgage servicing with AI."

The leadership transition follows the successful development and launch of Dara under Chris Marshall. Under Marshall's leadership, Sagent transformed its vision for mortgage servicing modernization into Dara. Chris's leadership and vision are appreciated.

Built from the ground up for the future of mortgage servicing, Dara is Sagent's industry-defining, AI-native platform with embedded compliance and automation to orchestrate the entire servicing lifecycle. The result is greater operational efficiency, enhanced agility, and better outcomes for both servicers and homeowners.

About Sagent

Sagent powers America's top bank and nonbank lenders with technology designed to modernize the homeownership experience for millions of borrowers. With its unified architecture, real-time data, built-in compliance, and AI-driven automation, Dara enables organizations to manage the complete servicing lifecycle from one, single platform and unlock the full potential of AI across the servicing lifecycle. Dara combines deep industry expertise with modern cloud-native technology to help customers thrive in every market cycle. Visit www.sagent.com to learn more.

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SOURCE Sagent