Menu
BW CFO World
Community for Finance Professionals, Consultants and allied businesses
  • Home
  • News
  • Videos
  • Articles
    • Credit & Capital
    • Economic Trends
    • Financial Compliance
    • Financial Leadership
    • Financial Management
    • Financial Reporting
    • Financial Strategy
    • Risk Management
    • Taxation
  • Featured
  • Nominate for Awards
Close Menu
20220712_121116
July 12, 2022

CASHe Appoints Ex-BoB CEO P.S Jayakumar As Non-executive Director

Urvi Srivastava Credit & Capital, Economic Trends BOB CEO, CASHe, non executive director, P.S. Jayakumar

The erstwhile chief of Bank of Baroda has been appointed to the board of Aeries Financial Technologies, the holding company of CASHe’s NBFC arm

CASHe today announced the appointment of Mr. P.S Jayakumar, the former Managing Director and Chief Executive Officer of Bank of Baroda, as a non-executive director with effect from July 5, 2022. The erstwhile chief of Bank of Baroda has been appointed to the board of Aeries Financial Technologies, the holding company of CASHe’s NBFC arm. Mr. Jayakumar, a veteran banker with an extensive experience of close to four decades, is widely recognised for his pioneering work in the digital transformation of the retail financial industry. Following his selection by the Government of India in 2015, Jayakumar served at the helm of Bank of Baroda, as its MD & CEO for four years, including a year’s extension to the initial three-year term. 

Acknowledged as the first thoroughbred private banker to head a state-run bank, Mr. Jayakumar is credited for successfully steering the bank’s transformation journey across all aspects – business, digital and technology, compliance and controls, organization and people. During his tenure at Bank of Baroda, he successfully completed a three-way amalgamation between Bank of Baroda, Vijaya, and Dena Bank to create the third-largest lender and second largest public-sector bank in the country.  

Prior to Bank of Baroda, Mr. Jayakumar spent over 23 years with Citibank across India and Singapore markets, starting in 1986. While at Citibank, he held various senior strategic positions – Managing Director for Citi financial Ltd, Managing Director and Head of Citibank Consumer Loan for several APAC countries, Country Head – Citibank Consumer Business, and Head of Balance Sheet Management, Asia Pacific. He also served as a Board Member in many of Citibank’s subsidiaries in India. After his stint at Citibank, he kick-started his entrepreneurial journey in 2008 and launched two ventures – Value Budget Housing Company and Home First Finance, both of which immensely contributed to the efforts of building demand-supply equilibrium for low-cost and affordable housing.

Hailed as a change-maker all his life, Mr. Jayakumar continues to be involved in several entrepreneurial activities in the financial services space. He currently serves on the Boards of over twelve companies as an Independent and Non- Executive Director and advises and mentors many others. A Chartered Accountant by qualification, Jayakumar also holds a Post Graduate Diploma in Business Management from XLRI Jamshedpur. He also has the distinction of being a Chevening Gurukul Scholar through the London School of Economics and Political Science. In 2018, he was awarded the ‘Banker of the Year’ by The Financial Express. 

Urvi Shrivastav

→ Urvi Shrivastav

91 Percent Of Indian Consumers Prefer Online Payments: Experian Report I Am Naturally Disappointed: Vijay Mallya On Supreme Court Verdict

Related Posts

Credit & Capital, Economic Trends

Zerodha Faces Snag In Early Trade, Issue Resolved

20211201_100953

Credit & Capital, Economic Trends

Department Of Telecom Extends Spectrum Payment Date To August 17

20220812_102211

Credit & Capital, Economic Trends

Southern Petrochemicals Reports Q1 PAT At Rs 66.85 Cr

Movements

  • adobe danDan Durn Appointed As Adobe’s New Chief Financial Officer
  • Vineet Mahajan_Vineet Mahajan Appointed As New CFO Of Avanse Financial Services On Sept 27
  • bharat pet director financeVetsa Ramakrishna Gupta To Lead Bharat Petroleum As Director Finance
  • tender cuts cfoTenderCuts Names Satya Rakesh as New CFO
  • dailmer CFOManish Thakore Helms Daimler India Commercial Vehicles as CFO

Selected Stories

  • Zerodha Faces Snag In Early Trade, Issue Resolved

    Read more

  • 20211201_100953Department Of Telecom Extends Spectrum Payment Date To August 17

    Read more

  • 20220812_102211Southern Petrochemicals Reports Q1 PAT At Rs 66.85 Cr

    Read more

  • Twitter Plan To Fight Midterm Misinformation Falls Short, Say Voting Rights Experts

    Read more

  • rupeeRupee Opens Tad Lower; Retail Inflation Data, Flows Eyed

    Read more

Categories

  • Accounting
  • CFO Stance
  • Credit & Capital
  • Economic Trends
  • Featured
  • Financial Compliance
  • Financial Leadership
  • Financial Management
  • Financial Reporting
  • Financial Strategy
  • Financial Technologies
  • Global News
  • Interview
  • Movements
  • Risk Management
  • Taxation

Recent Comments

    Back To Top
    BW CFO World
    • Home
    • News
    • Videos
    • Articles
      • Credit & Capital
      • Economic Trends
      • Financial Compliance
      • Financial Leadership
      • Financial Management
      • Financial Reporting
      • Financial Strategy
      • Risk Management
      • Taxation
    • Featured
    • Nominate for Awards
    © Copyright BW BUSINESSWORLD 2018. All Rights Reserved.