Airtel Payments Bank has appointed Shashi Arora as the CEO & Managing Director of the company, subject to the approval of the Reserve Bank of India.
Arora will replace Manish Khera, who has decided to pursue his entrepreneurial dreams.
Airtel Payments Bank Limited, started its operations in 2011 as Airtel M-Commerce Services, currently provides money transfer services and semi-closed wallet services (Airtel Money).
Arora joined Bharti Airtel in February 2006 and has previously served as the CEO of Bharti Telemedia Limited, a Bharti Airtel subsidiary that provides DTH services.