Ex-SBI Chairman Rajnish Kumar appointed as BharatPe chairman
Former SBI chairman Rajnish Kumar was appointed by BharatPe to be their new chairman. In his new role, Kumar will play a key role in formulating the company’s short-term and long-term strategy, along with working closely with the firm’s board and executives in regulation and playing an advisory role in corporate governance.
Ashneer Grover, co-founder and MD at BharatPe addressed the development and said, “We look forward to invaluable guidance from Rajnish Kumar as we build India’s largest digital credit provider. […] We are confident that under his able guidance, BharatPe will attain newer heights and build the best-in-class fintech for the New India.”
Currently an independent non-executive director at HSBC and L&T infotech Ltd, Kumar became SBI chairman in October 2017 and attained superannuation in October 2020.
Kumar has stated, “In just three years, BharatPe has come a long way in becoming a trusted name in the financial services industry.” He added, “This company has a huge opportunity ahead and it would be great to work closely with its young and talented team to build financial services for the India of tomorrow. “
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