SWIFT India gets its new CEO as Kiran Shetty

MUMBAI: SWIFT India Domestic Services (“SWIFT India”) has announced the appointment of Mr. Kiran Shetty as its chief executive officer. The appointment, effective immediately, will see Mr. Shetty head SWIFT India’s operations and business lines.

SWIFT India is a joint venture of top Indian public and private banks and SWIFT S.C.R.L, created to deliver high quality domestic financial messaging services to the Indian financial community. SWIFT India’s services went live with traffic in March 2016.

Mr Shetty joins SWIFT India after more than 20 years in the financial services industry, with top Fortune 500 US companies.

Prior to joining SWIFT, he was managing Director & Regional Vice President, India & South Asia for Western Union, where he was part of the top 100 Global leaders group.

He has been recognised with the prestigious National Award for E-Governance driving financial inclusion, by Government of India in 2016.

Eddie Haddad, President of SWIFT India said: "We are delighted to welcome Kiran Shetty as the new CEO of SWIFT India. He brings with him substantial experience in the Indian financial sector and I look forward to working with him to build on the existing strong foundations for growth."

Kiran Shetty, the new CEO added: "SWIFT India has been achieving great milestones with a number of major banks and corporates being live on the network and there is much more we can do to help India fulfil our dream of complete digitisation. I look forward to lead SWIFT India in these next steps as we work collaboratively with our SWIFT members, with other market participants and market infrastructures."