Fino Payments Bank appoints Neeta Mukerji to its Board

Fino Payments Bank Limited announced the appointment of Neeta Mukerji as Additional Director on the company’s Board, with effect from March 5, 2024.

According to the company’s exchange filing, “we would like to inform that pursuant to the recommendation of Nomination and Remuneration Committee, the Board of Directors (the “Board”) of Fino Payments Bank Limited (the “Bank”) vide its Circular Resolution passed on Tuesday, March 5, 2024 at 03:17 p.m. has inter-alia considered and approved the appointment of Mrs. Neeta Mukerji (DIN: 00056010) as an Additional Director in the capacity of ‘Independent Director’ of the Bank with effect from March 05, 2024 in terms of the provisions of Sections 149, 152 and 161 of the Companies Act, 2013 read with the relevant Rules made thereunder, SEBI Listing Regulations and the applicable provisions of the Banking Regulation Act, 1949, and the rules, guidelines and circulars issued by the Reserve Bank of India in this regard, from time to time.”

Neeta Mukerji has Post Graduate Diploma in Management from Indian Institute of Management, Calcutta. She is a senior banker with over 30 years of experience in premier financial institutions like ICICI Bank, Asset Reconstruction Company of India Limited (ARCIL), GE Capital, RBL Bank and ACRE. She has wide ranging experience across banking with specific focus on credit, risk management and distressed debt. Her core expertise areas include setting up and managing risk management function, assessing credit risk and structuring complex financial transactions and resolution of distressed debt.

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