Who is Surinder Chawla?The veteran banker, Surinder is a retail banker who has worked at many prestigious banks such as the Standard Chartered Bank, ABN Amro Bank. He also served at senior managerial positions for 12 years at the HDFC Bank. Mr. Surinder Chawla has played a chief role at the RBL Bank as the head of Branch Banking. He has a whopping 30- year old career in banking and his appointment at Paytm Payments Bank is a new feather in his cap.Surinder Chawla’s appointment at PAYTM CEO and MDThe parent company of Paytm Payments Bank is One97 Communications and it announces on 8th of January 2023 that it had received an approval from the RBI for appointment of Mr. Surinder Chawla as the new MD and CEO of Paytm Payments Bank for a 3- year tenure.“I am pleased to welcome Surinder to Paytm Payments Bank to drive our unwavering commitment to deepening financial inclusion and offering an exceptional mobile-first banking experience in India”, said Mr. Vijay Sharma who is the Chairman of Paytm Payments Bank Board.Surinder Chawla’s appointment at Paytm Payments Bank can surely be foreseen as an extremely positive step in the growth of Paytm as a company as well in the field of customer satisfaction.
Before Surinder Chawla’s AppointmentBefore the appointment of Mr. Chawla as the new CEO and MD of Paytm Payments Bank, Satish Kumar Gupta was the CEO. Mr. Gupta resigned in November, 2022. Since then, Mr. Deependra Singh Rathore has served as the interim CEO until appointment of Mr. Surinder Chawla.About Paytm Payments BankPaytm Payments Bank was founded in 2015 and has its headquarters located in Noida. Ever since its inception, it has worked with an innovation- driven approach and has hugely contributed towards ease of business by heavily promoting easy online payments. In 2021, the RBI designated Paytm Payments Bank with the status of a “Scheduled Bank”.