SBI Cards and Payment Services Limited announced the appointment of Swaminathan Janakiraman as Nominee Director on the company’s Board, with effect from July 22, 2022.
According to the company’s exchange filing, “we wish to inform that the Board of Directors of the Company vide its resolution dated July 22, 2022, has approved appointment of Mr. Swaminathan Janakiraman (DIN: 08516241) as Nominee Director (Nominated by State Bank of India) of the Company with immediate effect subject to the approval of the shareholders of the Company.”
In a career spanning over 33 years with SBI, Swaminathan Janakiraman has held various assignments across Finance, Corporate & International Banking, Trade Finance, Retail & Digital Banking and Branch Management.
In his current assignment as MD (Corporate Banking and Subsidiaries), he oversees the Large Corporate and Commercial Credit business of the Bank alongwith Associates & Subsidiaries of the Bank. This includes major non-bank business like Credit cards, Mutual Fund, Life & General Insurance, Capital Markets, Custodial Services etc. Prior to this assignment, as MD (Risk, Compliance and SARG), he was looking after the Risk Management functions as well as Regulatory Compliance framework for the Bank.
He has served SBI in various capacities including DMD (Finance) and Chief Digital Officer. He also served in Bank’s New York Branch as Head of Trade. As SBl nominee, he served on the Board of Bank of Bhutan, Yes Bank, NPCI, NPCI International and Jio Payments Bank.
He holds a Masters’ degree in business administration. He is a Certified Anti-Money Laundering Specialist (CAMS) as well as Certified Documentary Credit Specialist (CDCS).
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