TJSB Sahakari Bank has appointed Nikhil Nandkumar Arekar as the Managing Director (MD) and Chief Executive Officer (CEO). With experience spanning 31 years in the urban cooperative banking sector, Arekar brings a wealth of knowledge and expertise to his new role.
Arekar, a postgraduate in commerce, holds a CAIIB degree from the Indian Institute of Banking and Finance (IIBF). His career with TJSB Sahakari Bank began in December, 1993, and over the years, he has held various positions within the organisation. His journey to becoming MD and CEO has seen him excel in multiple areas, including credit, forex and administration.
Throughout his tenure at the bank, Arekar has gained valuable experience in banking, retail credit, corporate credit, SME credit, forex, Non-Performing asset (NPA) management and business development. His appointment marks a new chapter for TJSB Sahakari Bank as it continues to grow and innovate in the urban co-operative banking space.