New Delhi: Airtel Payments Bank on Wednesday said that it has appointed Shashi Arora as chief executive and managing director of the company, subject to approval from the Reserve Bank of India.
Arora replaces Manish Khera who has decided to “pursue his entrepreneurial journey”, the company said in a statement.
Sunil Bharti Mittal, chairman, Airtel Payments Bank said that Arora has over 26 years of experience across sectors including FMCG, Telecom, Media and Banking.
Arora joined Bharti Airtel in 2006 and was appointed as the chief executive of Bharti Telemedia Ltd, a subsidiary of Bharti Airtel that provides DTH services, in August 2011. Prior to this, Arora was part of Airtel’s Mobile business, and has served as CEO of the Upper North cluster (Punjab, Haryana, HP & J&K) as well as CEO of the Delhi Circle.
Prior to Airtel, Arora was the group marketing head of Kotak Mahindra Bank, and was part of the team that expanded Kotak’s banking business after they procured the banking license.