Airtel Payments Bank, which had a poor 2017 today announced that it had appointed Anubrata Biswas as the new Managing Director & CEO. In his new role, Anubrata will be responsible for driving Airtel Payments Bank’s mission of taking convenient and innovative digital banking services to the doorstep of every Indian, said Airtel in a press statement. Commenting on the appointment, Sunil Bharti Mittal, Chairman, Airtel Payments Bank said: “We are delighted to have Anubrata on board. I am confident that his experience will add immense value to the bank’s agenda of financial inclusion and digital leadership. I wish him the very best for his new assignment.”
Anubrata Biswas has over 17 years of experience in the bank sector. Prior to joining Airtel Payments Bank, he was the Joint General Manager and Retail Business Head – South India for ICICI Bank and was responsible for managing the retail banking business across over 550 branches of the bank.
During his 17 year stint with ICICI, Anubrata has held several senior-level positions, both in India and overseas. He has been Retail Banking Head of ICICI Bank UK Plc, ICICI Bank’s wholly owned subsidiary in the UK. He was also the NRI and Remittances Head of ICICI Bank Anubrata had a Bachelor’s degree in Electrical Engineering from Jadavpur University and did his PGDBM from IIM, Ahmedabad.
Airtel Payments Bank was the first payments bank to start operations in India. It is a fully paperless and digital bank that aims to take convenient banking services closer to customers by leveraging a vast distribution network of over 500,000 banking points. The payments bank has built an ecosystem with millions of merchants where customers can make secure digital payments for good and services.
Earlier, Shashi Arora used to be the head of Airtel Payments Bank. However, after the Aadhaar eKYC controversy, Arora announced his departure from the company at the end of December 2017. And now, the reigns are taken over by Anubrata Biswas.