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.
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