Fino Payments Bank Extends Interim CEO Ketan Merchant’s Tenure By Three Months
Fino Payments Bank’s Board has approved a three-month extension of Ketan Merchant’s tenure as interim Chief Executive Officer, effective August 27, 2026. The extension is subject to approval from the Reserve Bank of India (RBI), the bank said in a regulatory filing.
Ketan Merchant is a Chartered Accountant. He joined Fino in 2018 and has 27 years of banking experience, including leadership roles at HSBC, Standard Chartered and Barclays in India and overseas. At Fino, he has been involved in balance sheet management, retail banking, governance and strategy. He played a role in developing the bank’s retail banking model and was involved in its stock market listing in 2021. As part of the bank’s Fino 2.0 vision, Merchant has worked on the DDD strategy covering data, distribution and digital initiatives. His responsibilities have also included supporting growth strategies and strengthening the bank’s operations in a changing banking environment.




