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Airtel Payments Bank Announces Leadership Transition As Sunil Mittal Steps Down

· Business · Zee News, Times of India, Moneycontrol

Sunil Mittal is stepping down as Chairman of Airtel Payments Bank as part of a newly announced leadership transition. Shabnam Sinha, currently serving as an Independent Director on the bank's Board, will succeed him as Chairperson. Her appointment is set for a three-year term beginning on October 1, 2026. The bank has not disclosed further details regarding the timing or strategic drivers behind the board-level shift.

Why it matters

The change places a new Chairperson at the helm of Airtel Payments Bank as it navigates regulatory compliance and competition in India's digital payments sector.

Read the original report — Zee News

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