CNN Central News & Networks / ITDC India ePress / ITDC News /Agencies/ Bhopal: Financial services company Finable has appointed former senior Reserve Bank of India (RBI) official Shrimohan Yadav as an independent director on its board of directors. Yadav has nearly 38 years of experience in the banking and financial services sector, and his appointment is expected to strengthen the company’s governance framework, risk management and regulatory compliance.
Shrimohan Yadav has 29 years of experience at the RBI. During his professional career, he served the Reserve Bank of India for 29 years. He also worked as Chief General Manager in the RBI’s Department of Regulation. During this period, he was involved in matters related to licensing, ownership, acquisition, restructuring and governance of private sector banks, small finance banks and payment banks.
As an independent director, Yadav will provide strategic guidance to the company’s board on financial governance, risk management and regulatory matters. His expertise is expected to help the company improve its internal control systems and work towards responsible financial expansion.
Finable operates as a financial platform that provides personal loans to salaried professionals through digital channels. The company aims to make loan services more accessible and transparent through technology. Yadav’s appointment to the company’s board is an important step towards bringing experienced financial sector experts into its leadership and oversight structure.
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