SBI Card, one of India’s leading credit card issuers, has announced the appointment of Rajnickant Patel as an Independent Director on its Board. In addition to this role, Patel will also serve as the Chairman of the IT Strategy Committee, where he will guide the company’s technology roadmap and digital transformation initiatives.
With a career spanning more than three decades across banking, financial markets, and corporate governance, Rajnickant Patel brings a wealth of leadership experience and a proven track record of driving digital and strategic transformation in India’s financial ecosystem. His deep expertise in financial systems, compliance, and innovation is expected to play a pivotal role in strengthening SBI Card’s position as a technology-driven financial services leader.
Throughout his distinguished career, Patel has held several high-profile leadership roles. He previously served as MD & CEO of the Bombay Stock Exchange (BSE) and the Indian Commodity Exchange Ltd (ICEX), where he played an instrumental role in advancing market transparency and technological modernization. He also held the position of President at Reliance Capital | Reliance Group and served in senior leadership capacities at BNP Paribas and the Reserve Bank of India (RBI), giving him extensive insight into both domestic and global financial markets.
Beyond his new role at SBI Card, Rajnickant Patel continues to contribute significantly to the fintech and governance landscape. He is the Founder & Chairman of Intellidea, Co-Founder of Intellipos Technologies Private Limited, and Chairman of NUVLeap Solutions — ventures that focus on innovation, digital solutions, and strategic consulting.
Patel’s appointment comes at a crucial time as SBI Card accelerates its digital initiatives to enhance customer experience, strengthen cybersecurity, and expand its presence in India’s growing digital payments ecosystem. His expertise in board governance and strategic leadership is set to further empower the company’s vision of driving responsible innovation and sustainable growth.
With his diverse experience and forward-looking approach, Rajnickant Patel is poised to guide SBI Card through its next phase of digital transformation and strategic evolution, reinforcing its leadership in India’s rapidly evolving financial services sector.