Yubi Group announced the appointment of Ajay Kumar Choudhary, a distinguished central banker and fintech visionary, as an Independent Director to its Board. With over three decades of transformative leadership at the Reserve Bank of India (RBI) and current roles including Non-Executive Chairman of NPCI, Mr. Choudhary brings unparalleled expertise in banking regulation, supervision, digital innovation, and global financial governance to Yubi’s mission of reshaping credit infrastructure.
Gaurav Kumar, Founder & CEO of Yubi Group, stated, “We are privileged to welcome Mr. Ajay Kumar Choudhary to Yubi’s Board. His legacy of pioneering regulatory frameworks and driving fintech innovation aligns seamlessly with our vision to democratize credit access. Ajay’s strategic insights will be instrumental as we scale our technology-driven solutions and deepen our impact across global markets.”
Ajay Kumar Choudhary commented, “Yubi’s innovative approach to solving systemic challenges across the debt lifecycle presents a unique opportunity to redefine financial inclusivity. I look forward to contributing to their journey of leveraging technology to build a transparent, efficient, inclusive and equitable credit ecosystem for businesses worldwide.
Mr. Choudhary was architect of the RBI’s FinTech Department and retired as Executive Director in October 2023 after a decorated 32-year tenure, where he led pivotal initiatives including India’s Central Bank Digital Currency (CBDC), strategic response on crypto assets, regulatory approach for fintech eco-system, and frictionless credit platform (Unified Lending Interface). He has a unique blend of vast supervisory, regulatory and FinTech experience and accomplishments. Internationally, he represented the RBI in different international groups and Forums, and he also served as Director of Supervision of Bank of Mauritius at Mauritius. He headed the RBI team for successful conduct of the Regulatory Consistency Assessment Program (RCAP) of India conducted by BCBS and was also part of international teams for RCAP and other assignments in different jurisdictions.
He holds a Master’s degree in Physics from Delhi University and is a Certified Associate of the Indian Institute of Banking and Finance (CAIIB). His published works on countercyclical capital buffers, corporate insolvency regimes, and credit rating systems underscore his thought leadership in global finance.
𝐒𝐭𝐚𝐲 𝐢𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐰𝐢𝐭𝐡 𝐨𝐮𝐫 𝐥𝐚𝐭𝐞𝐬𝐭 𝐮𝐩𝐝𝐚𝐭𝐞𝐬 𝐛𝐲 𝐣𝐨𝐢𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 WhatsApp Channel now! 👈📲
𝑭𝒐𝒍𝒍𝒐𝒘 𝑶𝒖𝒓 𝑺𝒐𝒄𝒊𝒂𝒍 𝑴𝒆𝒅𝒊𝒂 𝑷𝒂𝒈𝒆𝐬 👉 Facebook, LinkedIn, Twitter, Instagram
