
Management Change22 Jun 2026, 01:17 pm
SBI Cards Appoints Chander Kant as EVP & Head-Internal Audit
AI Summary
SBI Cards and Payment Services Ltd announced a change in its senior management following a Board Meeting held on June 22, 2026. Mr. Chander Kant has been appointed as the new EVP & Head-Internal Audit for a term of 3 years, effective July 01, 2026. This appointment was recommended by the Audit Committee and Nomination and Remuneration Committee. Concurrently, Mr. Ved Prakash will demit office as EVP & Head-Internal Audit on June 30, 2026, upon completion of his term. Mr. Kant brings over 32 years of extensive experience in banking operations, audit, compliance, and human resources.
Key Highlights
- Chander Kant appointed EVP & Head-Internal Audit for 3 years.
- Appointment effective from July 01, 2026.
- Ved Prakash to demit office on June 30, 2026.
- Chander Kant has 32+ years of experience in banking and audit.
- Board meeting concluded on June 22, 2026.
Price Impact
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