Prof. Dr. Sarat Kumar Malik Appointed As Independent Director Of 5paisa Capital

Professor Dr. Sarat Kumar Malik has been appointed as Non-Executive Independent Director (Additional Director) of 5paisa Capital Limited w.e.f. July 8, 2025, subject to the approval of the shareholders at the ensuing general meeting.

Prof. Dr. Malik has over 30 years of experience in the financial sector, securities markets, and banking, and has held roles at SEBI, RBI, and IICA. He is currently engaged on contract at Rashtriya Raksha University under the Ministry of Home Affairs. He contributed to SEBI’s regulatory framework and participated in the IMF’s Financial Sector Assessment Program. He has worked with the World Bank, conducted studies in emerging economies, and supported the RBI’s Financial Stability Report. His expertise spans capital markets, banking regulations, and macroeconomic research. He has also advised domestic and global institutions on financial and economic matters. Prof. Dr. Malik holds a Ph.D. and M.A. in Economics from the University of Mumbai and JNU and is a UGC Research Fellowship awardee.

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