OYO appoints former Chairman of State Bank of India, Rajnish Kumar as strategic group advisor

Rajnish Kumar, the former Chairman of State Bank of India (SBI), was named as OYO’s strategic group advisor on Thursday.

On Thursday, Rajnish Kumar, the former Chairman of the State Bank of India (SBI), was named a strategic group advisor by OYO, a global travel technology platform.

Mr Kumar, who has over 40 years of experience in the financial sector, will advise OYO’s management on short- and long-term strategy, regulatory and stakeholder engagement, and boosting the company’s worldwide brand, according to a release.

“We are delighted to welcome Rajnish Kumar as strategic group advisor. He is a veteran in the financial services sector and his leadership lessons and professionalism are an inspiration. His experience of digitisation and technology led initiatives for the customers is critical for us as we make a difference to our stakeholders’ lives,” Ritesh Agarwal, the founder and chairman of OYO, stated.

HSBC Asia Pacific, L&T Infotech, Hero MotoCorp, and BharatPe are all on his board of directors.