Equitas Small Finance Bank has announced the appointment of Balaji Nuthalapadi as Executive Director – Technology and Operations, effective March 29, 2025. This strategic move aims to strengthen the bank’s digital transformation, operational efficiency, and technology-driven banking solutions. Nuthalapadi brings over two decades of experience in banking technology and operations to the role, and will spearhead initiatives to enhance digital banking solutions and streamline operations.
Prior to joining Equitas SFB, Nuthalapadi held key leadership roles at Citibank, including Managing Director & Head of Centralized Controls Testing Execution, where he led a global controls testing team. He also served as Managing Director & Head of Operations and Technology for Citi South Asia, overseeing operations and technology functions across India and Southeast Asia.
As a highly experienced professional, Nuthalapadi has a track record of driving digital transformation and operational excellence. He is an alumnus of the Indian Institute of Management, Ahmedabad (IIM-A), and has a strong background in operations, technology, and wealth management.
Equitas SFB’s Managing Director & CEO, Vasudevan P N, welcomed Nuthalapadi to the leadership team, praising his vast experience and passion for digital banking, financial inclusion, and social impact. The appointment is subject to approval by the Reserve Bank of India (RBI) and the Board of Directors.