Mumbai, August 7, 2025: The Fintech Convergence Council (FCC), which capabilities beneath the aegis of the Web and Cellular Affiliation of India (IAMAI), is happy to announce the appointment of Mr. Vibhav Hathi, Co-Founder, OneCard, as the brand new Chairperson of the FCC.
Ms. Praveena Rai, Managing Director & CEO, MCX India, and Mr. Suresh Sethi, MD & CEO, Protean, have been appointed as the brand new Co-Chairpersons. Their tenure might be for a interval of two years.
On his appointment, Mr Vibhav Hathi stated: “It’s a privilege to chair the Fintech Convergence Council at such a pivotal part of India’s fintech journey.
I stay up for working with all stakeholders, together with regulators, the federal government, innovators, and trade leaders, to construct a vibrant ecosystem rooted in belief, transparency, and affect. The FCC, by means of its varied initiatives, will proceed contributing to the conclusion of the imaginative and prescient of a Viksit Bharat by 2047.
By the International Fintech Fest (GFF), the Fintech Convergence Council showcases India’s fintech trade and offers a platform to forge world partnerships. This yr’s version guarantees to be a spectacular occasion.”
Ms Praveena Rai stated: ” I’m honoured to hitch as Co-Chairperson of the Fintech Convergence Council. The dimensions of India’s securities markets and WealthTech ecosystem displays in its technology-backed innovation.
For me, to be the Co-Chairperson of the Fintech Convergence Council, additionally represents a possibility to make the monetary providers and the fintech sector a holistic ecosystem. I stay up for contributing to shaping the subsequent part.”
Mr. Suresh Sethi stated, “Expertise underscores innovation. India’s fintech journey is simply getting began, and there’s immense potential forward.
I’m excited to hitch as Co-Chairperson of FCC and assist form what comes subsequent by listening, studying, and constructing along with the group.
I stay up for contributing to an ecosystem that leverages know-how with a regulatory steerage, innovation with a coverage dialogue, and futuristic with new concepts.”
The FCC represents the pursuits of India’s dynamic and rising fintech ecosystem and is supported by varied committees throughout a number of sectors like Digital Lending, WealthTech, RegTech and Insurance coverage, Credit score Bureaus, Digital Service Suppliers and extra.
The Council works intently with regulators and stakeholders to advertise accountable innovation, strengthen compliance, and assist the expansion of inclusive digital finance in India.
Under are the newly appointed Chairs and Co-Chairs of the respective committees:
Digital Lending Committee
- Chair: Mr. Vibhav Hathi, Co-Founder, OneCard
- Co-Chair: Mr. Kunal Shah, Founder, CRED
WealthTech Committee
- Chair: Mr. Srinivas Jain, Government Director, SBI Funds
- Co-Chair: Ms. Praveena Rai, MD & CEO, MCX India
RegTech Committee
- Chair: Mr. Suresh Sethi, MD & CEO, Protean
- Co-Chair: Mr. Deval Sheth, MD – Asia Pacific, Utimaco
Disclaimer:- This story has not been edited by SugerMint employees and supplied by the company. SugerMint won’t be accountable in any method for the content material of this story.
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