Punjab & Sind Bank announced that Mr. Prem Chand Kumar has been appointed as Chief Technical Officer (CTO) of the Bank for a period of 3 years from the date of his joining. He has joined the Bank on 15th April 2024. Mr. Prem Chand Kumar started his banking career with State Bank of India as Deputy Manager (Systems) in the year 1998.

Prior to his joining in Punjab & Sind Bank, he was Advisor to GM (YONO) IT department with S.B.I. In a career spanning over two decades, he has vast experience of 26+ years in research, design, implementation and management of Financial and Banking innovations across Alternate Payment Channels, Payment Systems, Core Banking, Fraud Management of State Bank of India. He is a Cisco Certified Network Associate (CCNA) from Cisco Systems and Project Management Professional (PMP). While working in SBI Bank, he managed to implement new innovative initiatives for better customer satisfaction and enhancing security in the payment landscape by providing strategic, technical, and operational leadership for development, maintenance, monitoring, infrastructure and network management of 60,000+ ATMs/ADWMs and Base24 ATM switch its uptime, SW/HW upgrade, maintenance compliance etc.