Airtel Payments Bank has today disclosed that Amar Kumar Kakarlapudi has been appointed as its new Chief Compliance Officer.
Amar will be instrumental in the Bank’s continued enhancement of its compliance framework and the guarantee of seamless compliance with regulatory and statutory requirements in this capacity.
As Chief Compliance Officer, Amar will be a critical partner for the Bank in ensuring that core and non-core compliance requirements are met. He will also serve as a significant interface between the bank and regulatory authorities, while simultaneously establishing a robust compliance and regulatory framework. Airtel Payments Bank’s dedication to regulatory excellence and governance will be furthered through his collaboration with Anubrata Bisw
In his new position, Amar provides a wealth of knowledge, as he has over 24 years of experience in the banking sector. He has held significant positions at a variety of institutions, such as Canara Bank, Axis Bank, Utkarsh Small Finance Bank, JP Morgan Chase, and State Bank of India. Amar was the Vice President of Compliance at Utkarsh Small Finance Bank in his most recent position, where he oversaw a variety of strategic compliance initiatives.
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Amar’s leadership and discipline were further developed during his six-year tenure in the Indian Air Force, which preceded his financial career.
Amar is renowned for his extensive knowledge of data protection, regulatory reporting, AML/KYC, and compliance. He has a postgraduate degree from SMU and a variety of professional certifications, such as CBCP, CAMS, CFE, CAIIB, ISO 27001, FIP, CIPP(E/US), CIPM, and DCPP. These accomplishments will allow him to elevate the Bank’s compliance initiatives to new heights.
Amar Kumar, Chief Compliance Officer at Airtel Payments Bank, said “I am thrilled to join Airtel Payments Bank at such a transformative time. Compliance is fundamental to building trust, and I look forward to working with the team to enhance our compliance framework. My goal is to contribute to the Bank’s mission of advancing digital financial inclusion across India while upholding the highest standards of regulatory integrity.”
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