SBI Cards and Payment Services Limited informed following changes in the Senior Management Team of the Company: Ms. Seema Kapahi, Chief People Officer of the Company has tendered her resignation from the Company owing to personal reasons. Her last working day with the Company is July 14, 2023; and based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company at its Meeting held on July 10, 2023, appointed Ms. Anita Richard Sontumyra as the Chief People Officer of the Company with effect from July 15, 2023. Brief Profile of Ms. Anita Richard Sontumyra: Ms. Anita Richard Sontumyra is presently Deputy General Manager of SBI.

Before joining the Company, she was posted as Chief Operating Officer at SBI Corporate Accounts Group (CAG), BKC, Mumbai. Starting her career as Junior Associate with SBI in 1994, Ms. Sontumyra has around 29 years of rich and varied experience. She holds a Bachelor's degree in Science (Physics) and has also done CAIIB, MBA (Banking & Finance) and Diploma in International Banking and Finance.