Fintech company Slice has bolstered its governance framework by appointing Sreedevi Pillai, former Chief General Manager of Risk Management at State Bank of India (SBI), as an Independent Non-Executive Director to its Board.
Pillai’s extensive 36-year banking leadership at SBI involved spearheading operational risk management, fraud prevention, and developing fraud detection frameworks, helping SBI pioneer large-scale deployment of such capabilities in India.
Slice’s decision aligns with its commitment to strengthening institutional governance and risk management to support long-term growth strategies. The move signifies a strategic step in enhancing Slice’s responsible finance practices in India.
Expressing enthusiasm, Pillai stated, ‘I look forward to contributing to robust governance, prudent risk management, and sustainable growth alongside the leadership team and Board at Slice.’
In a recent development, Slice appointed Rajan Bajaj, the company’s founder, as its Managing Director and Chief Executive Officer. Bajaj, who previously held the position of Executive Director, led Slice’s transformation from a consumer fintech startup into a regulated bank following its merger with North East Small Finance Bank in 2024.
With over 20 million registered users, a workforce of 3,000, and substantial investments from notable firms like Tiger Global, Insight Partners, and Advent International, Slice continues to expand its presence in the fintech sector.
Source: Entrackr : Latest Posts