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slice Adds Former SBI, ICICI Bank Executives To Its Board

slice Small Finance Bank (SFB) has appointed former SBI chief general manager Samir Sawhney as executive director and former ICICI…

FINSAMUDRA DESK · 24 Aug 2026, 7:14 pm IST · 3 MIN

Over 34 years at State Bank of India (SBI). & : Over 30 years in banking technology.Appointed Board Members & Background:
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Executive Summary

Digital banking major slice—which has transitioned into a full-stack commercial bank following its landmark merger with North East Small Finance Bank (NESFB)—has strengthened its board of directors with the appointment of two seasoned banking leaders.

The company has appointed Samir Sawhney, a 34-year State Bank of India (SBI) veteran and former Chief General Manager of Global Markets, as Executive Director following approval from the Reserve Bank of India (RBI). Simultaneously, Ramesh Kumar, who spent two decades leading digital banking and technology strategy at ICICI Bank, has joined the board as an Independent Director.


Leadership Profiles and Strategic Mandates

1. Samir Sawhney — Executive Director (Treasury, ALM & Markets)

  • Career Background: Over 34 years of commercial and investment banking leadership at the State Bank of India (SBI).
  • Key Executive Milestones:
    • Served as Chief General Manager (CGM) of Global Markets at SBI, overseeing the bank’s domestic treasury portfolio exceeding ₹16.5 lakh crore and managing over $10 billion in foreign currency assets.
    • Former Chairman of the Foreign Exchange Dealers' Association of India (FEDAI), representing the banking sector in policy consultations with the RBI.
    • Former Chief Executive Officer of the RMBS Development Company, an initiative sponsored by the National Housing Bank to deepen India’s mortgage-backed securities market.
  • Mandate at slice: Steering balance-sheet asset-liability management (ALM), statutory liquidity reserves (SLR/CRR), institutional treasury operations, and central bank regulatory reporting.

2. Ramesh Kumar — Independent Director (Technology Governance & IT Architecture)

  • Career Background: Over 30 years of enterprise banking technology leadership, including a 20-year tenure at ICICI Bank.
  • Key Executive Milestones:
    • Led ICICI Bank's Technology Management Group and Software Development, driving the bank's core digital banking, mobile payment systems, and cybersecurity infrastructure.
    • Spearheaded Core Banking System (CBS) implementations early in his career at SBI.
    • Served as a key strategic advisor to slice during its core technology integration and reverse merger with North East Small Finance Bank.
  • Mandate at slice: Providing board-level oversight over core banking stability, enterprise cybersecurity, data privacy, and technological resilience as the bank scales its deposit franchise.

The Strategic Blueprint: Transitioning from Fintech App to Licensed Bank

The induction of senior public and private sector banking leaders reflects slice’s deliberate effort to institutionalize its corporate governance:

  • Institutional Balance-Sheet Discipline: Operating as a scheduled small finance bank requires rigorous liquidity coverage ratios (LCR) and sophisticated treasury management, areas where veteran public sector experience is critical.
  • Enterprise Core Banking Scalability: Transitioning millions of consumer app users into full deposit, savings, and term accounts demands resilient core banking architecture capable of handling high-volume transaction switches without downtime.
  • Deepening Regulatory Trust: Appointing proven veterans with established track records before the Reserve Bank of India reinforces the institution's commitment to compliance-first banking operations.


More on ICICI Bank

Sources


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