
Fino Payments Bank appoints two additional directors
The Hindu
Fino Payments Bank appoints Anita Sudhir Pai and Neeta Mukerji as Independent Directors, enhancing diversity and governance.
Fino Payments Bank has announced the appointment of two new members to its board. Anita Sudhir Pai and Neeta Mukerji, have been appointed as additional directors in the capacity of independent directors of the Bank.
“The appointments assume significance as they provide diversity to the Board in terms of people, thoughts and professional expertise that help in further strengthening corporate governance, risk management, stakeholder engagement and digital innovation in the ever evolving banking space,” the bank said in a statement.
With the new additions, one-third of the bank’s board comprises women directors out of the total board strength of eight members.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












