India Post Payments Bank (IPPB) has appointed Suresh Sethi as its Managing Director and Chief Executive Officer
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- He was selected by the Banks Board Bureau from top contenders for the post
- He worked as Managing Director of Vodafone M-Pesa
- He has an international experience of over 27 years in the banking and financial services industry with Citigroup and YES Bank
- He worked in the financial inclusion space.
- IPPB has been incorporated as a public limited company under the Department of Posts with 100 percent Government of India equity.
- The company plans to leverage the reach of the India Post network to achieve a pan-India rollout of 650 branches by early next year.