Suresh Sethi is India Post Payments Bank’s MD and CEO

New Delhi, Oct 23 (IANS) India Post Payments Bank (IPPB) has appointed Suresh Sethi as its Managing Director and Chief Executive Officer, an official statement said here on Monday.

He was the former MD of Vodafone M-Pesa Ltd.

Sethi had been selected by the Banks Board Bureau from amongst the top contenders for the post, from both public and private sector banking and fintech professionals.

The IPPB has been incorporated as a Public Limited Company under the Department of Posts with 100 per cent Government of India equity. IPPB plans to leverage the unparalleled reach of the India Post network to achieve a pan India roll out of 650 branches by early next year, the statement added.

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