Appointment/Resignation
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Arun Kumar Bansal Appointed as New CEO of Paytm Payments Bank
Published on 24 Jul 2024
- Arun Kumar Bansal, formerly an executive at IDBI Bank, has been appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Paytm Payments Bank, following Reserve Bank of India (RBI) approval.
- Bansal replaces Surinder Chawla, who retired in June, marking a significant leadership change at Paytm Payments Bank.
- Bansal's appointment is part of a broader restructuring at the bank, which includes several senior-level changes and the induction of new independent directors to its board, positioning the bank for its next phase of growth.
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