Slice Appoints Sreedevi Pillai as Independent Director for Enhanced Governance

Slice, a fintech company, has recently announced the appointment of Sreedevi Pillai as an Independent Non-Executive Director on its Bank Board. Pillai brings an impressive 36 years of experience in banking leadership, primarily gained at the State Bank of India (SBI). During her career at SBI, she focused on operational risk management, fraud prevention, and monitoring. She also played a key role in enterprise and group risk management across various divisions of the bank.

Experience and Contributions of Sreedevi Pillai

Throughout her tenure, she was instrumental in creating fraud detection frameworks that positioned SBI as one of the first significant commercial banks in India to implement such advanced capabilities at a large scale. Slice has highlighted that her appointment is part of the company’s strategy to bolster its governance and risk frameworks to support long-term growth objectives.

Slice’s Commitment to Responsible Finance

The bank’s goal of establishing a transparent, digitally advanced, and inclusive banking platform aligns seamlessly with the changing dynamics of responsible finance in India. Sreedevi Pillai expressed enthusiasm about collaborating closely with Rajan, the leadership team, and the Board to ensure solid governance, prudent risk management, and sustainable growth.

Leadership Changes at Slice

In the previous month, Slice appointed its founder, Rajan Bajaj, as the Managing Director and Chief Executive Officer. Rajan Bajaj had served as the Executive Director prior to this role. He founded Slice in 2016, successfully guiding the company from a consumer fintech startup to a fully regulated bank following its merger with North East Small Finance Bank in 2024.

Growth and Impact of Slice

According to the company, Slice has effectively catered to over 20 million registered users and currently employs more than 3,000 individuals. Additionally, it has raised upwards of $250 million from notable investors, including Tiger Global, Insight Partners, and Advent International.