SWIFT INDIA CHIEF

SWIFT INDIA CHIEF

Question: Who is recently appointed as the next chairman of SWIFT India Domestic Services?
(a) Arundhati Bhattacharya
(b) Arvind Subhramaniam
(c) Uday Kotak
(d) Sunil Bharti Mittal
Answer: (a)
Related facts:

  • ArundhatiBhattacharya, former State Bank of India Chairman has beenappointed as new chief of SWIFT IndiaDomestic Services; it isa local unit of SWIFT(Society for Worldwide Interbank Financial Telecommunication). 
  • Arundhati is also in the boards oftwo leading companies, Wipro and Reliance Industries Limited.
  • She will succeed Mr. M.V. Nair. Sheis credited for supervising the merger of six associate banks with SBI forwhich she got extension of one year tenure as Chairman of SBI.
  • SWIFT is a cooperative society under Belgian law owned by its member financial institutions with offices aroundthe world. It was established in 1973 and is headquartered in LaHulpe, Belgium.
  • It provides a network enablingworldwide financial institutions to send and receive information regardingfinancial transactions in a safe and secured way.

Links:

https://www.businesstoday.in/current/economy-politics/arundhati-bhattacharya-appointed-swift-india-chairman/story/299041.html

https://www.thehindu.com/business/ex-sbi-chief-is-swift-india-chairman/article25712550.ece