Key Takeaways
- Sorabh Dhawan appointed CEO of PSB Xchange, a digital platform for supply chain finance.
- He brings 18 years of experience from Kotak Bank, HDFC Bank, and Aditya Birla Finance.
- PSB Xchange aims to digitally transform India’s public sector banking landscape.
Veefin Solutions has appointed Sorabh Dhawan as the Chief Executive Officer of PSB Xchange, marking a significant step in strengthening the platform’s leadership.
PSB Xchange is a digital marketplace that connects public sector banks, private banks, NBFCs, and fintechs with businesses. Its goal is to facilitate transparent and efficient digital supply chain financing and other credit products.
Extensive Banking Experience
Dhawan brings 18 years of deep expertise in banking, digital lending, operations, and business transformation. His career includes significant roles at major financial institutions such as Kotak Bank, Aditya Birla Finance, and HDFC Bank.
Immediately prior to this role, he was the CEO of SG Finserve Limited, where he played a key role in establishing the NBFC from the ground up.
A ‘National Responsibility’
Raja Debnath, Co-founder of Veefin, commented on the appointment, stating, “PSB Xchange is a national responsibility, and Veefin is honoured to be entrusted with this exclusive mandate from PSB Alliance. Sorabh’s appointment strengthens our mission to scale this platform to its full potential and deliver long-term impact across India’s banking system.”
The PSB Xchange platform is powered by Veefin Solutions and was developed by the PSB Alliance, a consortium of Public Sector Banks. Its core mission is to drive seamless, technology-driven solutions that enhance banking accessibility and improve the customer experience.
