Infibeam Avenues Appoints Narayanan Sadanandan As Independent Director

Infibeam Avenues (BSE: 539807) (NSE: INFIBEAM), India’s leading publicly listed fintech company, has announced the appointment of Narayanan Sadanandan, former MD & CEO of SBI Pension Funds, as an Independent Director on its board.

Narayanan Sadanandan brings a wealth of experience spanning over four decades in banking, digital banking, banking regulation and finance. He joins an esteemed group of independent directors currently serving on the board, further enhancing the company’s governance framework. His appointment, effective for a five-year term, was approved by the Board of Directors on Tuesday; will be subject to shareholder approval. 

Sadanandan’s illustrious career includes significant roles such as CEO of SBI’s Frankfurt Branch, Head of the Financial Institution Group in the International Banking Group at SBI, Group Head of Capital Markets at SBI Capital Markets and Chief General Manager of SME at SBI, before superannuating as MD & CEO of SBI Pension Funds. Post retirement, he served as a Senior Advisor to SBI and SBI Capital Markets. He is currently a Senior Advisor to Modulus Alternatives Investment Managers and serves on various boards as an Independent Director.