For enhancing its digital presence, AU Small Finance Bank today appointed Dayakaran Sridhar as the Chief of digital banking and strategy.
This appointment is alignment with the bank’s vision of becoming a holistic digital institution in line with Central Government’s motto of achieving Financial Inclusion with the adaptation of technology. The bank promotes the use of digital payments and helps the implementation of centre’s flagship scheme “Digital India”.
It plans to strengthen its presence across Tier II and III towns by unveiling new services like UPI and USSD allowing large population to transact freely. With the appointment of Sridhar, the bank also gears up to introduce many new products and services such as Digital Lending, Digital Payments, Digital Liabilities and Digital Wealth Management for engaging the customers on the digital platforms.
“AU Bank is committed to further its financial inclusion initiatives through digital banking. Sridhar is a senior and experienced leader and highly respected in the industry for his leadership and strategic acumen. We look forward to his leadership as a Chief of Digital Banking towards scaling the bank in its future phase of growth while enhancing customer convenience at the same time,” said Sanjay Agarwal, MD & CEO, AU Small Finance Bank.
“I think SFBs are much better equipped to adapt and leverage digital innovations and offer customers the most hassle-free banking experience, thereby furthering financial inclusion. I am very excited to join the AU family, as it is one of the fastest growing small finance banks with a strong base in technology,” said Dayakaran Sridhar, Chief of digital banking and strategy, AU Small Finance Bank.
Sridhar holds 21-years of experience in leadership roles. He led digital business in Axis Bank, ICICI Prudential Life Insurance, Kotak Securities and Citi Bank. Prior to joining AU Bank, he was appointed as the Senior Vice President at Axis Bank and headed Digital Acquisition and Customer Engagement across 25 products on multiple digital channels including mobile, ATM, internet banking and social media. He is a Chartered Accountant (ICAI) and holds MBA degree from K.J Somaiya Institute of Management Studies & Research.