India Post Payments Bank (IPPB) has appointed Suresh Sethi as its Managing Director and Chief Executive Officer (CEO). Sethi was till recently the CEO of Vodafone M-Pesa Ltd., Vodafone's mobile payment service. Banks Board Bureau selected Sethi from among other senior executives in the banking and fintech industry. He will be taking over from A.P. Singh, who had been appointed as the interim MD and CEO of IPPB in January this year. Sethi had joined Vodafone back in November 2012, and was responsible for "defining and developing the M-Pesa business strategy for India." Prior to joining Vodafone, Sethi served as the Group President for transaction banking and financial institutions at Yes Bank Ltd. for close to seven years, between September 2004 and July 2011. Sethi had begun his career at Citibank in 1990 and stayed with them for 14 years,…
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