
Management Change17 Aug 2026, 04:40 pm
Airtel Payments Bank Appoints Shabnam Sinha as New Chairperson
AI Summary
Airtel Payments Bank Limited, a subsidiary of Bharti Airtel Ltd, announced a leadership transition. Sunil Bharti Mittal will step down as Non-Executive Chairman on September 30, 2026. Shabnam Sinha will succeed him as Chairperson for a three-year term starting October 1, 2026, subject to RBI approval. Under Mittal's leadership since April 2016, the bank grew to become India's largest payments bank by revenue, serving over 121 million monthly active users and 30 million account customers through an extensive network. Sinha, an existing Independent Director, brings extensive experience in financial services and digital transformation.
Key Highlights
- Shabnam Sinha to become Chairperson of Airtel Payments Bank.
- Sunil Bharti Mittal concludes tenure as Non-Executive Chairman.
- Bank serves over 121 million monthly active users.
- Airtel Payments Bank is India's largest payments bank by revenue.
Price Impact
More from BHARTIARTL