NESFB appoints Samit Shankar Shetty, Parvez Mulla as independent directors

Syllad | The Rising MeghalayaApril 4, 2024

North East Small Finance Bank (NESFB) appointed Samit Shankar Shetty and Parvez Mulla as independent directors to its board of directors. 

Samit Shankar Shetty’s illustrious career in the finance sector is marked by over 2 decades of extensive experience in leading financial institutions, particularly in the microfinance and NBFC domains. 

Parvez Mulla’s extensive 30-year career in the financial services industry, characterized by his significant contributions across banking, lending, and insurance, positions him as a strategic addition to the team. 

NESFB managing director and CEO Satish Kumar Kalra said: “We are thrilled to welcome Samit Shankar Shetty and Parvez Mulla to the NESFB team. As the bank gears up for a pivotal change, the induction of the two veteran leaders to the NESFB board will be crucial in boosting the bank’s growth. Their distinct experience and strategic acumen will be highly consequential for the bank’s growth and long-term success.”

In March, the Competition Commission of India approved the transaction involving the merger of North East Small Finance Bank with Slice.