Financial services conglomerate Edelweiss Financial Services Limited has appointed Shiva Kumar as Independent Director on the company’s Board, with effect from August 4, 2022.
According to the company’s exchange filing, “we would like to inform you that the Board of Directors of the Company (the Board) at its Meeting held today, has inter alia approved the appointment of Mr. Shiva Kumar (DIN: 06590343) as an Independent Directors on the Board for the first term of 5 years, subject to requisite approvals.”
Shiva Kumar has served at State Bank of Bikaner & Jaipur (now merged with the State Bank of India) as Managing Director. At State Bank of India, he was Deputy Managing Director and has held varous positions at SBI. Kumar was also the Project Leader for the business process re-engineering project for complete transformation of the largest Bank in India in collaboration with McKinsey & Company. He was a part of their credit card project and had set up metal gold business for the Bank. He was also a representative of Associate Banks on the Managing Committee of Indian Banks’ Association.
Kumar holds a Bachelor of Arts degree from Patna University. He is also an associate member of the Indian Institute of Bankers. In 2013, he received the ‘Business Leadership Award’, which was presented to him by Institute of Public Enterprises (IPE).
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