Airtel Payments Bank Names Kumar as Chief Compliance Officer

Airtel Payments Bank recently named Amar Kumar Kakarlapudi as its new Chief Compliance Officer. Amar will be responsible for enhancing the Bank’s compliance framework and ensuring that regulatory and statutory requirements are met seamlessly.

As Chief Compliance Officer, Amar will be a vital partner for the Bank in achieving core and non-core compliance standards and a crucial interface between the bank and regulatory agencies, all while developing a solid compliance and regulatory framework. He will collaborate closely with Anubrata Biswas, Managing Director and CEO of Airtel Payments Bank, to further the bank’s commitment to regulatory excellence and governance.

Speaking about the appointment, Anubrata Biswas, MD and CEO of Airtel Payments Bank, said “We are delighted to welcome Amar to our team. His extensive experience in regulatory compliance and leadership will be instrumental in shaping our approach to navigating the evolving regulatory landscape. Amar’s proven track record will help us continue to foster trust with our customers and partners, upholding the highest standards of regulatory excellence.”

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Amar Kumar, Chief Compliance officer at Airtel Payments Bank, said “I am thrilled to join Airtel Payments Bank at such a transformative time. Compliance is fundamental to building trust, and I look forward to working with the team to enhance our compliance framework. My goal is to contribute to the Bank’s mission of advancing digital financial inclusion across India while upholding the highest standards of regulatory integrity.”

With over 24 years of banking expertise, Amar brings much knowledge to his current position. He has held key roles at Canara Bank, Axis Bank, Utkarsh Small Finance Bank, JP Morgan Chase, and the State Bank of India. Amar most recently worked as Vice President of compliance at Utkarsh Small Finance Bank, overseeing key compliance initiatives. Prior to his banking career, Amar served in the Indian Air Force for six years, which honed his leadership and discipline.

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Amar has a postgraduate degree from SMU and several professional certifications, including CBCP, CAMS, CFE, CAIIB, ISO 27001, FIP, CIPP(E/US), CIPM, and DCPP. These accomplishments will allow him to elevate the bank’s compliance initiatives.