Ravindra Rai M has been appointed as the Managing Director and Chief Executive Officer of BOBCard Ltd., a wholly-owned subsidiary of Bank of Baroda, according to a Monday announcement made by the company in New Delhi. Rai was the card issuer company’s deputy managing director before this.
According to a statement from BOBCARD Ltd., Rai will concentrate on expanding the company’s operations while fortifying its risk management system, improving customer satisfaction, and developing an inventive product line that caters to the changing demands of the Indian market.
Rai has occupied a number of important positions, such as Bank of Baroda General Manager.
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