Mr B. Sam­ba­murthy ap­pointed as in­terim Chair­man

Banking Frontiers - - Finance Platform -

The Board of NPCI has an­nounced the unan­i­mous ap­point­ment of Mr B. Sam­ba­murthy as in­terim Chair­man of the Board. He re­placed re­tir­ing Chair­man, Mr Balachan­dran M. Mr Sam­ba­murthy was for­merly Di­rec­tor and CEO of In­sti­tute for De­vel­op­ment and Re­search in Bank­ing Tech­nol­ogy (IDRBT) and Chair­man and Man­ag­ing Di­rec­tor of Cor­po­ra­tion Bank prior to that. He has been the Nom­i­nee Di­rec­tor from Re­serve Bank of In­dia (RBI) on the board of NPCI since De­cem­ber 5, 2013. The Board ex­pressed deep ap­pre­ci­a­tion for the dy­namic progress of the Com­pany dur­ing the ten­ure of Mr Balachan­dran M. as Non-Ex­ec­u­tive Chair­man from Septem­ber 23,

2013, till Septem­ber 20, 2017.

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