Mumbai-based Fino Payments bank on March 13 said that it has appointed two new women members - Anita Sudhir Pai and Neeta Mukerji - to its Board.
Fino Payments Bank in its media statement said that appointments have been made as Additional Directors in the capacity of Independent Directors of the Bank.
Anita Sudhir Pai is an alumnus of Symbiosis Institute of Business Management (Pune), and her more than three-decade career includes stints at HDFC Bank, Standard Chartered and ICICI Bank in various capacities. She comes with hands-on as well as strategic leadership expertise across technology, digital banking, and operations.
Neeta Mukerji is alumnus of IIM Calcutta with over 30 years of experience in premier financial institutions such as ICICI Bank, Asset Reconstruction Company of India Limited (ARCIL), GE Capital, RBL Bank and Assets Care & Reconstruction Enterprise (ACRE).
Rajat Jain, Chairman, Fino Payments Bank said, “We are delighted to have on our Board seasoned banking professionals with rich and varied expertise. Further, with their presence, the board is richer in terms of diversity, fresh ideas and skill sets. On behalf of my colleagues in the Board, I welcome Mrs. Anita Sudhir Pai and Mrs. Neeta Mukerji as we embark on a journey of realizing our digital growth potential.”
The Board additions also came in at a time when the Bank had applied for Small Finance Bank license.
“In this context, with such a knowledgeable and diverse Board the Bank aims to reap the benefits of robust decision making, better risk management leading to improved business performance and stakeholder value creation,” said the bank.
Rishi Gupta, MD & CEO, of Fino Payments Bank said, “As the Bank gears up for the next level of growth and gradual progression into mainstream banking, a diverse Board will certainly provide impetus to digital innovation, credit and risk management. We look forward to working collectively towards creating a differentiated digital Bank.”
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