slice, an Indian technology-focused financial institution, has appointed Samir Sawhney as Government Director and Ramesh Kumar as Unbiased Director to its board.

Each leadership appointments have been accepted by the financial institution’s board, whereas the RBI has additionally accepted Sawhney’s appointment as Government Director, the corporate mentioned.

Sawhney has greater than three a long time of banking expertise in India and abroad, spanning treasury and funding administration, retail operations, advertising and marketing and human assets.

He most not too long ago served as CEO of RMBS Improvement Firm, which was arrange by the Nationwide Housing Financial institution to assist the event of India’s residential mortgage-backed securities market.

Earlier than that, Sawhney spent greater than 34 years with SBI.

As Chief Normal Supervisor for International Markets, he headed SBI’s treasury operations, overseeing a home portfolio of greater than Rs 16.5 lakh crore and overseas property of greater than $10 billion, slice mentioned.

Sawhney additionally served as chairman of the Overseas Change Sellers’ Affiliation of India, or FEDAI, representing banks in discussions with the RBI on overseas alternate issues.

“slice is constructing a financial institution for a brand new India, one the place expertise brings banking to extra individuals at a fraction of the standard value. I’ve spent my profession in banking and treasury throughout cycles and am excited to convey that have to a younger establishment that is considering banking in a contemporary method,” Sawhney mentioned.

Kumar has greater than 30 years of expertise throughout banking, monetary companies, expertise and digital innovation.

He spent twenty years at ICICI Financial institution, the place he headed its Know-how Administration Group and software program growth operations. His obligations included expertise technique, infrastructure and cell and digital banking platforms serving thousands and thousands of shoppers.

Earlier in his profession, Kumar led the implementation of core banking methods at State Financial institution of India, in keeping with slice.

His areas of experience embrace expertise governance, cybersecurity, operational resilience and digital transformation.

Kumar had beforehand suggested slice throughout its integration and merger with North East Small Finance Financial institution.

“Sturdy expertise governance and operational resilience are the inspiration of belief in banking, and I look ahead to contributing to slice’s journey because it builds a contemporary, protected and customer-first financial institution,” Kumar mentioned.

Slice managing director and CEO Rajan Bajaj mentioned the administrators’ expertise would strengthen the bank.

“We’re a younger financial institution incomes its place among the many best-run establishments in India. Having individuals on our board who’ve seen banking throughout cycles, and who consider in what expertise can do for the shopper, makes us stronger,” Bajaj mentioned.

The merger between slice and North East Small Finance Financial institution took impact in October 2024.

Slice now operates as a full-stack financial institution, providing merchandise together with financial savings accounts, fastened deposits, UPI funds, borrowing and bank cards.

The financial institution mentioned it should proceed to mix regular progress with accountable underwriting whereas investing in expertise supposed to maintain banking easy and intuitive.

Slice’s buyers embrace Tiger International, Perception Companions, Creation Worldwide, Blume Ventures and Gunosy Capital.