The Reserve Bank of India (RBI) has approved reappointment of Ajay Kanwal as the Managing Director and Chief Executive Officer (CEO) of Jana Small Finance Bank for a period of three years beginning 21st March, 2024, according to a statement from the bank.
Kanwal holds over 33 years of experience in financial services, and has held various leadership positions in his banking career. He has launched strategic growth initiatives while building and managing diverse teams “across geographies,” said the statement.
It further mentioned that before joining Jana SFB, Kanwal was the regional CEO of ASEAN and South Asia at Standard Chartered Bank (SCB), and also worked briefly as a Senior Advisor for TPG and Mastercard. He graduated with a bachelor’s degree in electronics and telecommunications engineering from Marathwada University and a master’s degree in management studies from the University of Bombay.