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Bank of Baroda appoints Manoj Piplani as MD and CEO of Bobcards Ltd.

by IBNS 01 Dec 2016, 08:06 pm

Mumbai, Dec 2 (IBNS): Bank of Baroda on Friday announced the appointment of Manoj Piplani as the new Managing Director and CEO of Bobcards Limited, a wholly owned subsidiary of Bank of Baroda for the cards and payments business.

Piplani is a senior financial services executive with over 20 years of international industry experience. 

For the last few years, he worked with Barclays Bank in London as Managing Director of UK Cards, steering the Bank’s market leading UK credit cards business and driving its rapid growth and digital transformation. 

He has also led Global Advanced Analytics Centers for Citibank’s consumer business worldwide and has overseen credit risk for the US Sub-prime division of Capital One. 

Piplani holds a Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad.

On the occasion, P. S. Jayakumar, Managing Director & CEO of Bank of Baroda, who is also the Non-Executive Chairman of Bobcards Ltd remarked, “We welcome Mr. Manoj Piplani into our team. Given our thrust to increase cashless payments, we are looking at strengthening our presence in the cards and payments space to provide a seamless digital experience to our customers.”

On his appointment, Piplani said, “A momentous growth opportunity for cards and digital payments is taking place in India that has no parallels globally. Bank of Baroda is rapidly transforming itself to emerge as a technology and digital leader in banking and is well placed to capitalize on this opportunity. I look forward to partnering with the Group to build Bobcards into a consumer credit and payments leader in this evolving market landscape.”