D V Ravi, MD & CEO, Shriram Capital said, “ As we lay special focus on creating value through the smart use of digital tools, platforms, AI / ML, and other emerging technologies, I believe this will lead to an overall robust digital ecosystem across the companies”
Ujjivan Financial Services today appointed Sanjeev Barnwal as the company’s chief executive offer, with effect from Friday, the company said in an exchange filing.
Barnwal will continue to serve as the Company Secretary and Key Managerial Personnel, and was unanimously approved by the board’s Nomination and Remuneration Committee.
According to reports, the position at Ujjivan Financial Services was left vacant after Carol Furtado, who was appointed as the CEO on August 13, resigned to be the interim CEO of Ujjivan Small Finance Bank Limited, after Nitin Chugh‘s abrupt exit.
Nitin Chugh resigned from the position of Managing Director and CEO of Ujjivan Small Finance Bank on August 19 on account of personal reasons.
Barnwal has been with the the company for over seven years and has played pivotal roles in key milestones including private equity raise, IPO and listing, banking licence application and processing, among others.
Prior to Ujjivan, Barnwal worked with SMC Capitals Limited as Associate Vice President and Company Secretary.
In April, shareholders of Ujjivan Financial Services had rejected a special resolution to appoint founder Samit Ghosh as managing director and CEO.
SEBI registered Debenture Trustee Beacon has announced the appointment of Sanjay Sinha as Independent Director on the Board of the company.
Sanjay Sinha, Ex-MD and CEO, Axis Trustee Services, brings with him more than 35 years of diverse experience in areas such as credit granting and administration, credit risk management, debt resolutions, FX transaction execution with hedging solutions, trusteeship services for loans, debt securities and other asset classes, agency services, compliance management, according to a statement.
Pratapsingh Nathani, Chairman and MD, Beacon Trusteeship, said, “We are delighted to have Sinha on board and learn from his rich experience. His in-depth knowledge would enhance the existing strengths and capabilities of Beacon Trusteeship Board which already includes some of the most respected names as its independent board members.”
In his earlier stints, Sinha has held apex positions at Axis Bank and SBI. He served as Group Head – Corporate Credit at Axis Bank and also served as the Head of Credit and Investment Banking at Axis Bank UK, the statement added.
He is currently the President of the Trustee Association of India (TAI) and is also on various working groups formed by SEBI for strengthening the regulatory framework for domestic bond markets.
UAE based lender Mashreq announced the appointment of Mohua Sengupta as the Managing Director of its remote working campuses spread across India, Egypt and Pakistan. Sengupta, who will be based out of Bangalore, will collaborate with all group functions to enable and develop them into market leading talent and services platforms, Mashreq said.
Mohua was earlier the Executive Vice President and Global Head of Services for 3i Infotech, prior to which she was associated with iGATE, MPHASIS, and Accenture.
Mark Edwards, Group Head of Operations, Mashreq Bank, said We are very pleased that Mohua has joined Mashreq to lead our remote working campuses in India, Egypt and Pakistan. The recent widespread changes in working practices has presented an opportunity for us to create the best digital remote working experience for our employees, ensuring that we can continue to provide the very best digital banking experience for our customers.
“We are confident that Mohua, with her rich and diverse experience, together with Mashreq’s proven agile way of thinking and acting, will be able to successfully lead our efforts in building a world class work from anywhere platform for Mashreq globally,” added Edwards.
Mohua Sengupta further echoed “I am delighted to be part of the Mashreq family. For over 50 years, Mashreq has been powering the future of banking using the latest technologies in data, software, intelligence, robotics. Today, the global financial and technology landscape is extremely dynamic and exciting.”
AU Small Finance Bank has appointed Sharad Goklani as President & CTO. He will be based out of Jaipur and will report to the company’s CIO, Ankur Tripathi.
In his new role, Goklani would be responsible for ensuring technology deployment and adoption across the bank.
“Moreover, given the diverse personas of our customer base, as a CTO of a tech-first Bank, Mr. Goklani would be responsible for creating technology interfaces, which are adaptable are flexible enabling tailor-made services for our unique set of customers,” the company told ETCIO.
Founded in Jaipur in 1996 as Au Financiers, a non-deposit taking NBFC, the company transformed into AU Small Finance Bank in 2017.
As a retail-focused bank constantly innovating to make banking simple for its customers, AU Bank is now moving towards being a digitally-led Bank with a pan India presence.
Previously, Goklani was EVP & CTO at Equitas Small Finance Bank. He has close to 25 years of professional experience and has worked with companies like Bharti Airtel and NIIT Limited in the past.
Purani has done his MCA from the University of Rajasthan.