Thursday, February 13, 2025

Paytm Payments Bank appoints Surinder Chawla as MD, CEO

An Indian digital payments and financial services company, Paytm Payments Bank has announced the appointment of Surinder Chawla as MD, and CEO.

Vijay Shekhar Sharma, Chairman of Paytm Payments Bank Board, said, “I am pleased to welcome Surinder to Paytm Payments Bank to drive our unwavering commitment to deepening financial inclusion and offering an exceptional mobile-first banking experience in India.”

“His rich experience in banking and deep understanding of the Indian financial landscape will bring the necessary expertise to further empower Paytm Payments Bank’s mission”, Vijay Shekhar Sharma added.

Surinder Chawla, MD and CEO, Paytm Payments Bank, said, “I am honored to join Paytm Payments Bank as the new MD and CEO at this fascinating juncture to participate in the ongoing digital banking revolution pioneered by PPBL.”

“I look forward to taking the bank to even greater heights with the team of highly motivated professionals at PPBL”, Surinder Chawla added.

Surinder Chawla further added, “As we continue on our journey to provide accessible, convenient banking options to all of our customers with the highest standards of compliance and operational excellence, I am excited to contribute to our shared mission of driving large-scale financial inclusion.”

The appointment has been approved by the Reserve Bank of India for three years. Surinder Chawla has nearly 28 years of experience.

Surinder Chawla will be joining the organization from RBL Bank where he was Head-Branch Banking, India. In this role, he was responsible for making the Branch channel more efficient and the primary distribution channel for the Bank.

He handed the aggressive expansion plans in place. Additionally, he was responsible for Tech enhancements, and changing landscape is helping to redefine customer acquisition and engagement strategies. 

Surinder Chawla has worked in Banking organizations such as HDFC Bank, ABN Amro Bank, and Standard Chartered Bank. He is a Chartered Accountant.

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Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.