Cibil appoints Satish Pillai as MD and CEO

MUMBAI: Credit Information Bureau India ( Cibil) today said it has appointed Satish Pillai as its Managing Director and Chief Executive Officer.

Pillai was the Chief Operating Officer at Cibil for more than four years and was responsible for product development and bureau operations.

He also led TransUnion's operations in India where he oversaw the creation of the solutions team that launched and supported TransUnion's generic and custom analytics and decisioning technologies, including the launch of the Cibil TransUnion Score, the country's first generic scoring model, Cibil said in a statement.

"Pillai has led Cibil's bureau operations with remarkable agility and was the most natural choice for leading Cibil in the new era of growth. His global experience and expertise on credit bureau operations is set to accelerate company's growth across sectors," Cibil Chairman M V Nair said.