Fintech Company Slice Appoints Former RBI Executive Director and SBI Managing Director to Board and Advisor Roles
- ByStartupStory | March 31, 2023
Slice, a company that provides consumer payment and lending services, has recently made two significant appointments. Eugene Karthak, who was previously the Executive Director of the Reserve Bank of India, has joined the company as an Independent Board Director. S Vishvanathan, who has extensive experience as the Managing Director of State Bank of India and as a Director on the Central Board, has also joined Slice as an Advisor. These appointments are expected to have a strategic impact on the company’s operations.
The Founder and CEO of slice, Rajan Bajaj, expressed his enthusiasm for the recent additions to the company’s board, stating that he warmly welcomes both Eugene and Vishvanathan to the slice family. Bajaj also acknowledged that the company is currently going through a crucial stage of growth, and the expertise and guidance of these experienced leaders will play a vital role in helping slice achieve its objectives.
With more than 30 years of experience in various aspects of banking regulation, supervision, and technology, Eugene, the former Executive Director of the Reserve Bank of India, is a valuable addition to the slice team. In addition to serving as the Regional Director for the RBI’s Sikkim, Karnataka, and Delhi offices, Eugene also worked closely with the Central Bureau of Investigation (CBI) for six years to assist in the investigation of bank frauds both in India and abroad. He currently serves as the Director of the Indian Institute of Bank Management, a prestigious training institution for bankers. At slice, Eugene will provide strategic advice and help to promote strong corporate governance.
After joining slice, Eugene conveyed his excitement, stating that he is thrilled to be a part of one of the most promising fintech companies in India’s rapidly expanding fintech industry. Eugene aims to implement top-tier governance strategies to help slice maintain its leadership position in this movement.
With 37 years of experience in banking and finance, S Vishvanathan is a veteran in the industry. He has previously held positions as the Managing Director and Director on the Central Board of the State Bank of India, as well as the Managing Director and CEO of SBI Capital Markets Limited. As an Advisor at slice, Vishvanathan will provide guidance in strategic decision-making that aligns with the company’s mission and vision.
In an effort to provide a complete payments experience to its customers, slice has recently revamped its product offerings, which now include slice borrow, slice mini, and slice UPI. The company achieved a significant milestone in November 2021 when it became a part of India’s esteemed Unicorn club after raising USD 220 million in its Series-B funding round, which was co-led by Tiger Global and Insight Partners.
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