Jana Small Finance Bank appoints Sumit Aggarwal as MSE, supply chain head, BFSI News, ET BFSI

Jana Small Finance Bank today announced the appointment Sumit Aggarwal as the head of MSE and Supply Chain, and will be a part of the key managerial personnel.

Aggarwal comes with an experience of 31 years in the banking sector, and has managed businesses in Asia, Middle East, Africa and Europe focusing on trade, supply chain finance and cash management. Prior to joining Jana Bank, he has worked with Emirates National Bank of Dubai as Group Head of Transactional Banking Services.

Before his stint in Emirates National Bank, he was associated with Standard Chartered Bank and ABN AMRO.

Shortly after his appointment, Aggarwal has been instrumental in obtaining a number of Supply Chain Finance mandates for Jana Small Finance Bank, the bank said in the release. TVS Motors is the latest to sign a memorandum of understanding with the bank, and will offer supply chain financing to their authorized dealers.