Airtel Payments Bank Appoints Anuj Bansal As CFO

Airtel Payments Bank, Indian telecom operator Bharti Airtel Ltd.’s banking venture, appointed former MasterCard India executive Anuj Bansal as chief financial officer of the bank.

Bansal, a chartered accountant, will be responsible for overall financial strategy, including corporate financial planning, budgeting, supply chain, and treasury management, Airtel Payments Bank said in a statement.

He will be a part of the Executive Committee and work closely with the bank’s Managing Director and Chief Executive Officer Anubrata Biswas.

Biswas said Airtel Payments Bank, which was launched in January 2017 by Bharti Airtel, is rapidly expanding across all its lines of business.

“The addition of Anuj with his vast experience across different industries combined with his deep domain knowledge will play a vital role in further powering the Bank’s unique position in India,” he added.

Bansal has over 23 years’ experience in financial services and other sectors like automobile, according to the statement. His areas of expertise include business planning, investor relations, strategy formulation, global financial operations, finance & accounting management, and treasury management, it said.

Most recently, Bansal worked with MasterCard India as vice president - financial planning & analysis. Prior to this, he has worked with Max New York Life Insurance (now Max Life), Aviva Life Insurance Company India Ltd., Royal Enfield and others.

Bansal is an alumnus of Shri Ram College of Commerce, Delhi University, from where he acquired his degree in Bachelor of Commerce.

Airtel Payments Bank offers a diverse range of banking solutions – such as savings bank account, digital wallet and salary management solution -- through a network of 500,000 banking points spread across the country and its digital platforms, according to the statement.

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