Wednesday, November 6

Tag: Shashi Arora

After Airtel Banned From UIDAI, Airtel Payments Bank Head Quits
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After Airtel Banned From UIDAI, Airtel Payments Bank Head Quits

Airtel Payments Bank Managing Director and CEO Shashi Arora has resigned in the wake of the firms eKYC licence suspension by Aadhaar-issuing body UIDAI. "Shashi has decided to move on to pursue opportunities outside of Airtel. We wish Shashi the very best for his future endeavours," the company said in a statement. Arora has been working with Airtel in senior leadership roles since 2006. He was appointed MD and CEO of Airtel Payments Bank on June 1, 2016. "He has been an asset for Airtel and over the years has contributed to the company?s growth story. Having led the operations in key telecom circles followed by building a strong DTH business, he has laid the foundation for Airtels payments bank operations," the statement said. The Unique Identity Authority of India...
Airtel Payments Bank appoints Shashi Arora as CEO and MD
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Airtel Payments Bank appoints Shashi Arora as CEO and MD

Airtel Payments Bank today announced the appointment of Shashi Arora as the CEO and Managing Director of the company. His appointment is subject to the approval of the Reserve Bank of India. He will replace Manish Khera, CEO, who resigned from his post to pursue his entrepreneurial journey. "I am delighted to announce the appointment of Shashi Arora as the CEO and MD designate of the bank. Shashi is a seasoned professional with over 26 years of experience across sectors including FMCG, Telecom, Media and Banking," Airtel Payments Bank Chairman Sunil Bharti Mittal said in a statement. On April 11, 2016, Airtel Payments Bank became the first entity in India to receive a payments bank license from the Reserve Bank of India (RBI). The company plans to start rolling out its banking netw...