Paytm Payments Bank’s CEO Surinder Chawla resigns
Paytm Payments Bank’s managing director (MD) and chief executive officer (CEO) Surinder Chawla has resigned from the company, according to a regulatory filing by Paytm brand owner One97 Communications on Tuesday, April 9. Chawla’s resignation comes amidst Paytm Payments Bank facing prohibitory action from the Reserve Bank of India (RBI).
“Surinder Chawla, Managing Director and CEO of PPBL has tendered his resignation on April 8, 2024, on account of personal reasons and to explore better career prospects. He will be relieved from PPBL w.e.f close of business hours on June 26, 2024, unless changed by mutual consent,” One97 Communications said in its regulatory filing today. Chawla joined Paytm Payments Bank in January last year.
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Published: 09 Apr 2024, 05:38 PM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.