back Back

Suresh Sethi joins as MD and CEO – Designate at NSDL e-Governance

By Edil Corneille

October 01, 2020

Share

NSDLNSDL e-Governance Infrastructure, India’s technological infrastructure provider, announces that Suresh Sethi has taken charge as the Managing Director and CEO – Designate. Priorly, he was the Founder, CEO and MD of India Post Payments Bank. NSDL e-Governance’s current Managing Director and CEO, Gagan Rai, who has been at the helm of affairs at the company for the last 25 years, is set to retire in February 2021.

Sethi takes command of NSDL e-Governance at an exciting phase as the company aims to expand its geographical presence across the globe with its solutions such as the National Unique Identity, tax-related services, recordkeeping of Pension accounts, e-sign, eKYC, etc. The Indian company envisages elevating education financing in India with its education finance portals – Vidya Lakshmi, Vidyasaarathi, and Vidya Kaushal. Sethi will spearhead the company’s growth efforts across India and also in international markets.

Gagan Rai, Managing Director and CEO, NSDL e-Governance enthused, “I am extremely happy to pass on the baton to Mr. Suresh Sethi. I wish him success as he takes on the mantle of leading NSDL e-Governance into an extraordinary growth phase. The future of our company looks exceedingly bright under him. I would like to take this opportunity to express my gratitude to all the board members and colleagues who have shown tremendous support throughout my stint in the company and have been the key pillars in what has been a fabulous growth journey.”

Sethi expressed, “I am honoured to be a part of this great institution that has played a pioneering role in building the e-governance infrastructure for the nation. I look forward to working towards establishing the company as a Global Leader in the e-Governance and ICT space. The current pandemic has brought forth new challenges leading to the adoption of digital business models and a paradigm shift in e-governance services. NSDL e-Governance is well poised to offer formidable value propositions and unparalleled services in both B2B and B2C segments.”

Prior to the India Post Payments Bank, Sethi was the Managing Director at Vodafone M-Pesa. In his earlier stints, he was associated with financial services companies such as Citigroup and YES Bank. As an industry veteran, he has held CXO and Managing Director positions at regional & global level across business strategy, product development, sales & client management and operations. He has extensively worked in the financial inclusion space leveraging FinTech and digital-led innovation.

Previous Article

October 01, 2020

Top 4 exciting companies blending insurance with FinTech in Australia

Read More
Next Article

October 01, 2020

Charles Taylor Investment Management to boost investment workflow with Bloomberg

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

October 29, 2024

Afin Bank and Thought Machine launch digital bank for Africans in the UK

Read More

October 22, 2024

Tuum partners with Google Cloud to deliver core banking in EMEA

Read More

October 17, 2024

Stress and Mortgages: Are UK Banks Failing Homebuyers?

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More