The Unity Small Finance Bank (SFB) Limited (Unity Bank) has appointed, Inderjit Camotra as the managing director and chief executive officer (MD & CEO) of the bank. A senior banker with over 25 years of experience across India, Camotra held various leadership positions at Standard Chartered Bank. In January 2022, the bank appointed Vinod Rai, the former CAG of India, as its Chairman.
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An IIT-Delhi graduate, Camotra pursued his MBA from Clarkson University in New York. Camotra was earlier an executive director with Centrum Financial Services Ltd, and has played a crucial role in the transitioning of the company into a bank.
Unity Small Finance Bank is a new age, the digital-first bank which was recently elevated to a ‘Scheduled Bank’ and was included in the Second Schedule of the RBI Act. The bank is promoted by Centrum Financial Services Ltd and Resilient Innovations Pvt Ltd as a joint investors. The bank commenced its operation in November 2021.
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