BharatPe announced Rajnish Kumar, Former SBI chief as Chairman

by Psu Connect
Date: 13-10-21

He will be involved in defining the company’s short-term and long-term strategies, and will so work closely with the other Board Members and CXOs on key business and regulatory initiatives.

BharatPe announced Rajnish Kumar, Former SBI chief as Chairman

Mr. Rajnish Kumar

New Delhi: The fintech company BharatPe announced the onboarding of the former Chairman of State Bank of India Mr. Rajnish Kumar as the company's Board Chairman.

According to the BharatPe statement, He will be involved in defining the company’s short-term and long-term strategies, and will so work closely with the other Board Members and CXOs on key business and regulatory initiatives.

Kumar said, “In just 3 years, BharatPe has come a long way in becoming a trusted name in the financial services industry. It has redefined payments with its products like interoperable QR and has also emerged as the largest B2B lender in the industry. 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."

He served as a chairman of SBI from 2017-2020, and also served as the Managing Director of the National Banking Group and the Managing Director (Compliance and Risk) at SBI.