Bajaj Finance Limited announced the re-appointment of Prashant Verma as Chief Information Security Officer (CISO). The decision was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. Verma’s new term will be effective from 1 February 2027 for a period of three years, subject to necessary regulatory approvals. He brings extensive experience in cybersecurity and information security management to the role.
Key Leadership Appointment
Bajaj Finance Limited has confirmed the re-appointment of Prashant Verma as its Chief Information Security Officer (CISO). This strategic decision, formally approved by the company’s Board of Directors, underscores the importance of strong cybersecurity leadership for the financial institution.
Details of Re-appointment
The re-appointment follows a recommendation from the Nomination and Remuneration Committee and is effective from 1 February 2027. Prashant Verma will serve in this critical role for a tenure of three (3) years. The appointment is contingent upon obtaining any required regulatory approvals.
Prashant Verma’s Profile
Prashant Verma currently serves as the Chief Information Security Officer of Bajaj Finance Ltd, a position he has held since 1 February 2024. He possesses approximately 21 years of full-time experience in the security domain. Prior to his current role, he led the Cyber Risk Unit for seven years and was instrumental in heading the Information Security function. His previous experience includes architecting security services and working as a security auditor and consultant for various domestic and international banks and insurance companies. Verma is a Certified Information Systems Security Professional (CISSP) and co-author of several security books.
Source: BSE
