Paisalo Digital Appoints Vinod Kumar, Reappoints Nisha Jolly & Names Jitendra Ojha As Directors

Paisalo Digital Limited approved the appointment of Vinod Kumar as Executive Director on May 3, 2025, effective February 4, 2025.

Further, Nisha Jolly has been reappointed as Independent Director of the company with effect from May 30, 2025.

The Board has also appointed Jitendra Kumar Ojha as Independent Director of the company, effective May 02, 2025.

Vinod Kumar is a retired banker with over 30 years of experience at the State Bank of India (SBI), where he served as Chief General Manager. He was nominated as a board member for several entities, including the State Bank of Mauritius, Bank of Bhutan, the SBI Security Trustee, and the Oman India Joint Investment Trustee. From 2011 to 2016, he served as CEO of SBI’s Osaka Branch. Kumar also led two large Corporate Credit Branches in Mumbai, managing exposures of Rs 20,000–25,000 crores. He completed his B.Sc. from Osmania University in 1985, followed by C.A.I.I.B. from the Indian Institute of Banking and Finance in 1998 and an Executive MBA from S P Jain Institute of Management and Research in 2011.

Jolly is a retired banker who joined Punjab National Bank in 1976 as a Management Trainee and retired in 2012 as Chief Manager. During her 34 years of service, she gained diverse experience, working at various levels in branches as an Officer, Manager, and Senior Manager. She is well-versed in banking routines, loans and advances, and foreign exchange-related work. Currently, she is associated with a Non-Governmental Organisation (NGO).

Jitendra Kumar Ojha is a former civil servant who retired prematurely from the rank of Joint Secretary in the Government of India. He was one of the youngest to head the Training Academy on External Security under the Cabinet Secretariat. His 26-year career in civil service involved handling complex geopolitical, security, and governance issues. He is a distinguished alumnus of the National Defence College of India, where he completed the National Security and Strategy programme. Ojha’s thesis, “Governance as Bedrock of National Security,” was recognised for its innovation.

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