Fino Payments Bank Appoints Abhilash Ankathil as Chief Compliance Officer
Fino Payments Bank Limited appointed Mr. Abhilash Ankathil as Chief Compliance Officer for a three-year term, effective April 06, 2026. Mr. Ankathil has over 25 years of legal experience, including significant roles at the RBI.
The appointment of a Chief Compliance Officer is crucial for regulatory adherence and corporate governance, impacting the bank's operational integrity and risk management.
The appointment of a Chief Compliance Officer is a routine regulatory requirement and does not inherently indicate positive or negative performance for the bank.
Fino Payments Bank Limited has announced the appointment of Mr. Abhilash Ankathil as its Chief Compliance Officer (CCO). The appointment was approved by the Bank's Board of Directors via a Circular Resolution passed on April 06, 2026.
Mr. Ankathil's tenure as CCO will be for a period of three years, effective from April 06, 2026. This appointment is in accordance with the RBI Circular No. DoS.CO.PPG./SEC.02/11.01.005/2020-21 regarding compliance functions in Banks and the Role of the Chief Compliance Officer. He will also be part of the Bank's Senior Management Personnel.
Mr. Ankathil brings over 25 years of extensive legal experience in banking and financial regulation, primarily with the Reserve Bank of India (RBI). His expertise spans banking and non-banking ecosystems, payment system regulation, legislative drafting, and enforcement. He has held significant roles at the RBI, including Deputy Legal Adviser, and has contributed to shaping regulatory frameworks and advising on policy formulation. Prior to this appointment, he was a self-employed lawyer since April 2025.
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