slice, one of India’s leading fintech companies, has announced the appointment of Eugene Emmanuel Karthak as the Part-time Chairman and Independent Director of its Bank Board. A seasoned banking professional, Karthak brings deep expertise in regulatory matters and governance, having earlier served as an Executive Director at the Reserve Bank of India. Before the merger of slice with North East Small Finance Bank, he was a member of the board of Garagepreneurs Internet Private Limited, the former parent company of slice.
Karthak has over 30 years of experience with the Reserve Bank of India, where he held key leadership roles across departments such as Information Technology, Corporate Services, and also served as Regional Director for Delhi and Bengaluru. His knowledge in regulation, compliance, and governance is expected to play an important role in guiding slice through its growth as a full-stack bank.
After his tenure at the Reserve Bank of India, Karthak served on the boards of several financial institutions, including Andhra Bank as RBI Nominee Director and Jana Small Finance Bank as Independent Director. He is currently the Director of the Indian Institute of Bank Management and also serves on the Governing Council of the Centre for Advanced Financial Research and Learning, both supported by the Reserve Bank of India and other public institutions.
Following its merger with North East Small Finance Bank, slice has been expanding operations across the country. Along with its UPI-led branch in Dispur, Guwahati, the company has opened another branch in Koramangala, Bengaluru, and is preparing to launch one more in Gurugram. slice aims to build India’s most loved bank by offering digital-first services such as UPI, savings accounts, fixed deposits, and UPI credit cards, while also setting up a physical presence to reach underserved regions, especially in the Northeast, where it has already created more than 400 jobs.
“We are privileged to welcome Eugene sir to our Board. His unparalleled expertise in regulatory governance, financial inclusion, and strategic oversight will be invaluable as slice builds on its mission to create India’s most loved bank. At a time when we are reimagining banking for millions of Indians, his guidance will help us strengthen our foundation of trust, compliance, and responsible innovation, ensuring that we grow with both ambition and accountability,” said Rajan Bajaj, Founder and Executive Director, slice.
“I am excited to join slice at such a pivotal moment in India’s banking journey. The opportunity to help build the next generation of banking, rooted in digital-first principles and powered by inclusion, is both a responsibility and a privilege. slice’s vision of championing digital banking shows how technology and trust can come together to transform financial access for millions of Indians. I look forward to working closely with the leadership team, and the Board to ensure that this vision is realized with the highest standards of governance and impact,” said Eugene Emmanuel Karthak, Part-time Chairman and Independent Director, slice.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter |The Mainstream formerly known as CIO News Whatsapp Channel | The Mainstream formerly known as CIO News Instagram
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
