Managing Director – India Platform — Digital Bank

The mandate

The board has concluded that incremental adjustment will not resolve a mandate to combine previously separate India businesses within a institutionally backed regulated universal or specialist bank. The immediate arena is the digital bank during a supervisory remediation. For mandate 061, the successful executive inherits decisions that have been deferred, competing stakeholder expectations and a need to establish facts before committing further capital.

The Managing Director – India Platform operating perimeter covers approximately ₹87,050 crore in loan and deposit book, with activity spanning several digital bank customer, product and delivery clusters rather than a single asset. The Managing Director – India Platform Banking remit carries direct influence over roughly 1,300 colleagues and third-party capacity.

The chair, executive committee and principal capital sponsors want a Managing Director – India Platform who can convert ambiguity into a short list of explicit choices for the digital bank. The Managing Director – India Platform Banking seat must resolve a supervisory remediation, while preserving the underlying strengths of the digital bank. For mandate 061, value will come through sharper allocation, stronger leaders and an operating cadence that exposes variance early.

The Managing Director – India Platform’s first year on the digital bank is expected to end with one country plan, integrated governance and profitable scale. In mandate 061, authority covers resources and leadership appointments; material trade-offs go directly to the board sponsor.

Why this seat is open

This is an urgent replacement for the Managing Director – India Platform — Digital Bank seat following an accelerated leadership transition. Interim accountability is in place for the digital bank, but the board wants a permanent appointment within 6–8 weeks because a supervisory remediation cannot remain under split ownership. The predecessor’s outcome is being handled neutrally and professionally. The external search remains confidential until the preferred candidate and transition plan are agreed.

What you will own

• Set the Managing Director – India Platform value-creation thesis for the digital bank, translate it into no more than five enterprise priorities and stop work that does not support them.
• Carry stewardship of approximately ₹87,050 crore in loan and deposit book, including allocation, risk acceptance and board forecasts.
• Lead the Managing Director – India Platform Banking organisation of about 1,300 employees and partners, appointing a team with clear decision rights and credible succession for every critical seat.
• Resolve the digital bank economics and execution constraints created by a supervisory remediation, with Managing Director – India Platform-approved owners, dated milestones and transparent escalation thresholds.
• Establish one Managing Director – India Platform operating review across commercial, customer, financial, people, technology and risk outcomes for the digital bank; remove reconciliations that obscure accountability.
• Have led a country, division or operating entity with direct commercial, people and governance accountability in mandate 061.
• Build the Managing Director – India Platform’s three-year succession and capability plan for the digital bank, reducing dependence on individual executives and improving mobility across the wider Banking organisation.

The first 12 months

• Days 1–90: Validate the digital bank baseline, meet the 30 stakeholders most consequential to a mandate to combine previously separate India businesses, assess the leadership team, stabilise immediate delivery risks and agree a board-owned scorecard with explicit decision gates.
• Months 4–9: Make the principal Managing Director – India Platform portfolio and organisation choices for the digital bank, install the new operating cadence, fill critical leadership gaps and deliver the first measurable release of cash, capacity or customer value.
• Months 10–12: Demonstrate a repeatable digital bank trend against one country plan, integrated governance and profitable scale, lock the following year’s capital and talent plan, evidence control sustainability and present a credible three-year value case with downside actions.

What the board will measure

• Delivery of the Managing Director – India Platform’s agreed first-year digital bank value case within a 10% tolerance, with variance explained before rather than after the relevant quarter closes.
• A Managing Director – India Platform forecast that remains decision-useful across three consecutive quarters and reconciles the digital bank’s operating, cash, customer and people assumptions.
• Closure of the Managing Director – India Platform mandate’s highest-priority digital bank risk and execution issues by their board-approved dates, with independent evidence that fixes are sustained.
• Retention of at least 90% of critical digital bank talent and ready-now successors for at least 70% of the Managing Director – India Platform’s direct reports.
• A quantified Managing Director – India Platform-owned improvement in the digital bank operating constraint behind a supervisory remediation, supported by a clean baseline and named data owner.
• Clear stakeholder confidence in mandate 061: no unresolved high-severity escalation older than 30 days and no material surprise withheld from its agreed governance forum.

The person

You are currently a Country MD, India CEO or Regional Business President in a institutionally backed Banking or adjacent enterprise. In relation to the digital bank, your Managing Director – India Platform track record includes a transition where the original plan was no longer sufficient; you can explain your choices, evidence and numerical impact. Candidates from financial services, payments, lending, insurance or regulated fintech will be considered where the operating model, customer stakes and governance intensity match this Managing Director – India Platform brief.

As a Managing Director – India Platform candidate, you bring 28+ years of progressive Banking or adjacent-sector experience, consistent with the 28-plus experience band. At minimum, you have carried a P&L, book, budget or accountable portfolio of ₹50,500 crore and led an organisation of at least 900 people.

For mandate 061, the board wants two transitions: a difficult digital bank portfolio choice and a leadership-system change during a supervisory remediation. As the prospective Managing Director – India Platform for this digital bank, you must challenge optimistic cases and still create followership. References for mandate 061 must distinguish your contribution from the institution around you.

The Managing Director – India Platform role in Banking is based in Mumbai; relocation is expected, although a structured weekly commute may be considered during the first quarter.

Non-negotiables

• Current or recent accountability at the level of Country MD, India CEO or Regional Business President, with direct exposure to a board, investment committee or equivalent Banking governance forum.
• Proven Managing Director – India Platform ownership of at least ₹50,500 crore and leadership of no fewer than 900 employees in a comparable digital bank context.
• One completed Banking or adjacent-sector example of a mandate to combine previously separate India businesses with outcomes sustained for at least two reporting periods after the initial intervention.
• Sector credibility from financial services, payments, lending, insurance or regulated fintech; experience that is purely functional and lacks Managing Director – India Platform-level digital bank consequences will not meet the bar.
• Willingness to meet the Mumbai location expectation, complete conflicts and background diligence, and protect the confidentiality of mandate 061.

Compensation and terms

The anticipated Managing Director – India Platform package is ₹5.0–7.5 crore fixed + performance variable and LTI, calibrated to the final digital bank scope and the candidate’s current mix. Any long-term participation for mandate 061 follows standard vesting and performance conditions. The Managing Director – India Platform appointment in Mumbai, centred on the digital bank, offers regular exposure to the chair, executive committee and principal capital sponsors. A notice period of up to 6 months can be accommodated for the selected executive in mandate 061.

Confidentiality

The organisation will be identified only after reciprocal interest and a confidentiality undertaking for mandate 061. The market, scale and situation in this brief are intentionally composite and are not a coded description of a named enterprise for mandate 061.