Fino Payments Bank Ltd has announced that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Bank has considered and approved the re-appointment of Mr. Rishi Gupta as a Managing Director & CEO of the Bank as per the provisions of the Banking Regulation Act, 1949 for a period of three consecutive years commencing from May 02, 2026 till May 01, 2029.
Further, the appointment is subject to the approval of Reserve Bank of India and Shareholders.
Mr. Rishi Gupta is one of the founders of Fino PayTech Limited, the Holding Company of Fino Payments Bank Limited and was appointed as Chief Operating Officer (COO) and Chief Financial Officer (CFO) on January 01, 2007 where he successfully helped the group to build a robust business model with good governance and a cutting-edge operational & financial capability at FINO group. Subsequently he became MD & CEO of FINO PayTech Limited (till May 2017). He is also the founding member of the Business Correspondent Federation of India (BCFI) and served as the Chairman of its Economic Affairs Committee. He is a member of ASSOCHAM and currently the co-chair of Fintech Committee of Confederation of Indian Industry, a society registered under the Societies Registration Act 1860.
Mr. Rishi Gupta is a qualified Chartered Accountant (Rank Holder) and Cost & Management Accountant and also holds a Bachelor’s degree in commerce (Rank holder) from the prestigious Shri Ram College of Commerce (SRCC), University of Delhi. He has a rich 31 years of experience across industries (primarily in financial services). Mr. Rishi Gupta started his career with Maruti Udyog Limited and thereafter moved to ICICI Group.
Mr. Rishi Gupta led the organization to be the first Payments Bank to list on the stock exchanges. One of the key achievements of Mr. Rishi Gupta is to inculcate the Compliance culture in the Bank. As part of a robust compliance system, banks are required to have an effective compliance culture, an independent corporate compliance function and a strong compliance risk management programme at the Bank. Mr. Rishi Gupta has been instrumental in ensuring that the bank functions within regulations, thus preserving its integrity and reputation in the industry.