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Rajesh Kumar becomes new MD & CEO of CIBIL

Sumit Arora Last updated on April 17th, 2023 10:14 am

TransUnion Cibil, the largest credit information bureau appointed Rajesh Kumar of HDFC Bank as its new managing director and chief executive. He will succeed Satish Pillai who has moved to become the president of Asia region business of the US-based company. Prior to joining Cibil, Kumar was the group head for retail credit and risk at HDFC Bank. He will be responsible for steering Cibil India’s business into the next phase by ensuring it continues to support the domestic finance industry and consumers.

Important takeaways for all competitive exams:

Headquarters of CIBIL: Mumbai.
CIBIL founded: August 2000.

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About the Author

Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.