HDFC ERGO General Insurance has elevated Samir Shah to the position of Deputy Managing Director as part of a senior leadership re-designation aimed at strengthening its governance and strategic oversight capabilities. Shah brings more than 35 years of professional experience, including 19 years in the general insurance sector. Over the years at HDFC ERGO, he…
Speaking at a press conference following the inauguration of a new State Bank of India office in Pune, Nirmala Sitharaman remarked that “The challenge posed by advanced AI is fundamentally different from what banks have successfully managed so far.” The statement reflects a deeper structural shift underway in global finance. For decades, banks have relied…
Regulation is rarely celebrated. In boardrooms and operating teams alike, compliance is often viewed as a necessary cost, an obligation to be managed, minimised and, where possible, delegated. Yet across global markets, a quiet shift is underway. Regulatory complexity is no longer merely a constraint on growth; it is becoming a strategic lever. Companies that…
Boardrooms are being reshaped less by regulation than by risk. Across markets, directors are discovering that traditional governance frameworks, built for incremental change and stable assumptions, are increasingly misaligned with a world defined by volatility, technology shocks and geopolitical spillovers. By 2026, “good oversight” will no longer be measured by the number of committees formed…
Artificial intelligence has moved faster into boardrooms than most previous technologies. In a matter of months, AI systems have been embedded into customer service, credit assessment, fraud detection, HR screening, software development and strategic analysis. For many organisations, the narrative is one of rapid adoption and visible productivity gains. Yet beneath this enthusiasm sits a…
ESAF Small Finance Bank has announced the appointment of Karthikeyan Manickam as its new Chairman, effective January 2. The bank said the appointment is aimed at strengthening board-level governance and strategic oversight at a time when small finance banks are operating under tighter regulatory supervision and rising customer expectations. Manickam is a former Executive Director…
Corporate fraud in 2025 did not merely “move online”. It learned to operate like a digital business process. Fraud schemes increasingly mirrored legitimate workflows, exploiting payment rails, identity systems and insider access with a precision that traditional controls were never designed to detect. What emerged was a new doctrine of misconduct: faster execution, lower visibility…
State Bank of India has appointed Ravi Ranjan as its new Managing Director with effect from December 15, 2025, following a notification issued by the Department of Financial Services, Ministry of Finance, under the provisions of the State Bank of India Act, 1955. He assumed charge on the same day and will continue in the…
Axis Bank is preparing for another significant shift in its leadership ranks as Chief Risk Officer Amit Talgeri concludes his second term with the bank. Talgeri will step down as CRO at the close of business on December 31, 2025, and formally separate from the organisation on January 18, 2026. His exit marks a notable…
India Inc is entering a phase in which the demands placed on leadership have changed faster than the leaders themselves. The pace of technological interdependence, regulatory tightening, financial volatility and operational fragility has accelerated to the point where risk preparedness is no longer a matter of good governance. It is a prerequisite for survival. The…
