SBI Card’s Chief Risk Officer resigns

SBI Cards has informed that, it’s Chief Risk Officer (CRO) Ms Aparna Kuppuswamy has resigned from the services of the Company.

  • Reason for resignation – has not been informed.
  • Last date at the Company – February 10, 2023

Any reason for being concerned?

CRO is an important position in an NBFC. However, given the overall corporate dynamics at SBI Cards as well as potentially significant opportunities available for someone like Aparna, I would consider this resignation in the normal course.

I would have been further comforted if there were more details related to the reason for resignation as well as information on the replacement. However, maybe that’s expecting too much !

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