Fino Payments Bank has named Abhilash Ankathil as its Chief Compliance Officer, with the appointment taking effect from April 6, 2026, for a three-year term. The decision, taken by the bank’s board via circular resolution, reinforces the bank’s commitment to a rigorous compliance framework as it expands its footprint in India’s digital payments space.
Ankathil brings more than 25 years of legal and regulatory experience spanning banking and financial services. A former Deputy Legal Adviser at the Reserve Bank of India, he has led legal teams, steered policy formulation for licensing and supervision, and contributed to the enforcement infrastructure that underpins financial markets.
After a period as a self-employed lawyer since April 2025, Ankathil’s appointment places him among Fino’s senior management, where he will head the bank’s compliance function, ensuring adherence to RBI norms and evolving regulatory expectations across the payments ecosystem.
Industry observers say the move signals Fino’s emphasis on robust governance as the bank scales its services in a rapidly changing regulatory landscape; Ankathil’s background, including engagements with international institutions such as the World Bank and IMF during his RBI tenure, could help the bank align with global standards.