StockWatch
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Non Banking Financial Company (NBFC)
Management Change30 May 2026, 07:42 pm

SBI Card Appoints Saurav Ghosh as COO

AI Summary

SBI Cards and Payment Services Ltd has appointed Mr. Saurav Ghosh as the Chief Operating Officer (COO) for a period of 2 years effective from June 21, 2026. This decision was approved by the Board of Directors on May 30, 2026, based on the recommendation of the Nomination and Remuneration Committee. Mr. Ghosh brings over 24 years of experience in banking operations, HR, credit management, regulatory compliances, and digital transformation. He succeeds Mr. Ashutosh Kumar Sharma, whose term as COO concludes on June 20, 2026.

Key Highlights

  • Saurav Ghosh appointed as COO of SBI Card effective June 21, 2026.
  • Ghosh brings 24+ years of experience in banking and digital transformation.
  • Appointment approved by the Board on May 30, 2026.
  • Ashutosh Kumar Sharma to demit office as COO on June 20, 2026.