New Delhi: Former Vodafone M-Pesa managing director(MD) has been appointed as MD & CEO of the India Post Payments Bank (IPPB).
IPPB has been incorporated as a public limited company under the department of posts with 100% government of India equity. IPPB plans to leverage the unparalleled reach of the India Post network to achieve a Pan India roll out of 650 branches by early next year
Sethi has broad international experience of over 27 years in the banking and financial services industry with Citigroup, YES Bank and Vodafone M-Pesa across India, Kenya, UK, Argentina and US. He has extensively worked in the financial Inclusion space leveraging Fintech and digital led innovation.
Sethi takes over from A.P. Singh who had been the interim MD & CEO of IPPB since January 2017.