Slice appoints former SBI chief GM Sreedevi Pillai as independent director
12 Mar 2026, 01:29 PMDuring Pillai's tenure at SBI, she led the development of fraud detection frameworks.
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Slice on Thursday said it has appointed Sreedevi Pillai, former chief general manager – risk management at State Bank of India (SBI), as an independent director to its bank's board.
Pillai brings 36 years of banking leadership experience, most of it at SBI, where she oversaw operational risk management, fraud prevention and monitoring, and enterprise and group risk management across the bank and its group entities, said Slice in a statement.
During her tenure, she led the development of fraud detection frameworks, it added.
Speaking on the appointment of Pillai, Rajan Bajaj, MD & CEO, Slice, said, "Building right from the very beginning and without compromise is what we’re trying to do with slice. And to be able to do that well for not a few, but everyone demands the kind of governance and risk expertise that only comes from leading institutions at scale. Mrs. Pillai has done exactly that."
Slice, which was founded by Bajaj in 2016, started as a fintech simplifying credit for young Indians and has since grown into a digital-first bank, offering UPI credit cards, branches in major cities, and inclusive financial services nationwide.
In October 2023, Slice merged with Guwahati-based North East Small Finance Bank after receiving regulatory approval. And, two months after the merger, former MD and CEO of Andhra Bank, Kalra was appointed as the interim MD and CEO of the merged entity.
Last month, Slice appointed Bajaj as its MD and CEO, effective February 17, 2026, as Kalra's tenure came to an end.
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