Fino Payments Bank Limited has informed the Exchange regarding Appointment of Mr Abhilash Ankathil as Chief Compliance Officer of the company w.e.f. April 06, 2026.
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Fino Payments Bank has appointed Mr. Abhilash Ankathil as its Chief Compliance Officer (CCO) effective April 6, 2026, for a three-year term. Ankathil is a senior legal professional with over 25 years of experience in banking and financial regulation, primarily gained at the Reserve Bank of India where he served as Deputy Legal Adviser from 2000 to 2025. Prior to joining the bank, he worked as a self-employed lawyer since April 2025. The appointment was approved by the Board based on the recommendation of the Nomination and Remuneration Committee and follows RBI guidelines requiring banks to have a dedicated CCO. Ankathil will also form part of the bank's Senior Management Personnel.
This is a routine compliance function appointment required by RBI regulations for banks, with no direct impact on shareholders or stock price. The appointment of an experienced regulatory professional may be viewed positively from a governance standpoint.