MobiKwik, a prominent digital banking platform, has recently announced the establishment of an advisory board comprising distinguished industry experts. The advisory board includes Radhakrishnan Nair, a former executive director of SEBI (Securities and Exchange Board of India) and member of IRDAI (Insurance Regulatory and Development Authority of India), as well as Hardayal Prasad, the former MD & CEO of SBI Cards & Payments Services and PNB Housing Finance. By assembling this advisory board, Mobikwik aims to gain valuable insights into regulatory frameworks, compliance, and industry dynamics, further solidifying its position in the BFSI (Banking, Financial Services, and Insurance) and fintech sectors.
The addition of Radhakrishnan Nair and Hardayal Prasad to the company’s advisory board is expected to enhance the company’s strategic decision-making process by providing fresh perspectives from seasoned professionals. This move aligns with the company’s vision of establishing itself as India’s leading digital banking platform. The newly appointed members will complement the existing board of directors, which consists of four independent directors: Punita Kumar Sinha, Navdeep Singh Suri, Sayali Karanjkar, and Raghu Ram Hiremagalur.
Expressing her enthusiasm, Upasana Taku, Co-Founder and COO of Mobikwik, extended a warm welcome to Radhakrishnan Nair and Hardayal Prasad. Taku acknowledged their unique perspectives, emphasizing their invaluable contributions to Mobikwik’s strategic decision-making process. Their wealth of experience and industry knowledge are expected to serve as vital assets in shaping the future growth and success of the company.
Mobikwik’s foray into establishing an advisory board reflects its commitment to staying at the forefront of industry developments and navigating the complex landscape of the BFSI and fintech sectors. By leveraging the expertise of seasoned professionals, Mobikwik aims to enhance its understanding of regulatory frameworks, compliance requirements, and emerging industry trends. This proactive approach will enable the company to adapt swiftly to market changes and provide its customers with innovative and reliable digital banking solutions.
Mobikwik’s focus on solidifying its position in the BFSI and fintech sectors comes at a time when the digital banking landscape in India is experiencing rapid growth and transformation. With increasing adoption of digital payment solutions and a shift towards cashless transactions, Mobikwik aims to capitalize on this favorable market environment and further expand its customer base.
In addition to its digital banking offerings, Mobikwik has also been actively diversifying its product portfolio to cater to evolving customer needs. The company has introduced innovative solutions such as instant loans, insurance services, and investment options, positioning itself as a comprehensive financial services provider.
As the digital banking industry continues to evolve, Mobikwik remains committed to staying at the forefront of technological advancements and delivering seamless, secure, and user-friendly solutions to its customers. The advisory board will play a crucial role in guiding the company’s strategic initiatives and ensuring its sustained growth in the highly competitive market.
As a leading digital banking platform in India, Mobikwik has been instrumental in revolutionizing the way people manage their finances. The platform offers a wide range of services, including mobile payments, digital wallets, and instant loans, empowering users with convenient and secure financial solutions. With the establishment of the advisory board, Mobikwik is poised to further strengthen its position in the market and deliver enhanced value to its growing customer base.
In conclusion, Mobikwik’s formation of an advisory board consisting of distinguished industry experts marks a significant milestone in its journey as a leading digital banking platform. The inclusion of Radhakrishnan Nair and Hardayal Prasad will bring fresh perspectives and valuable insights, bolstering Mobikwik’s strategic decision-making capabilities. With its unwavering commitment to innovation and customer-centric solutions, Mobikwik is well-positioned to continue driving digital transformation in the BFSI and fintech sectors, ultimately solidifying its position as India’s premier digital banking platform.
