Yubi Group, the technology company powering the end-to-end debt lifecycle, announced the appointment of Ajay Kumar Choudhary as an Independent Director to its Board.
With over three decades of transformative leadership at the Reserve Bank of India (RBI) and current roles including Non-Executive Chairman of NPCI, Choudhary brings unparalleled expertise in banking regulation, supervision, digital innovation, and global financial governance.
Choudhary was the architect of the RBI’s FinTech Department and retired as Executive Director in October 2023 after a decorated 32-year tenure, where he led pivotal initiatives including India’s Central Bank Digital Currency (CBDC), strategic response on crypto assets, regulatory approach for fintech eco-system, and frictionless credit platform (Unified Lending Interface).
Internationally, he represented the RBI in different international groups and Forums, and he also served as Director of Supervision of Bank of Mauritius at Mauritius. He headed the RBI team for the successful conduct of the Regulatory Consistency Assessment Program (RCAP) of India conducted by BCBS and was also part of international teams for RCAP and other assignments in different jurisdictions.
He holds a Master’s degree in Physics from Delhi University and is a Certified Associate of the Indian Institute of Banking and Finance (CAIIB).
Gaurav Kumar, Founder & CEO of Yubi Group, said, “We are privileged to welcome Mr. Ajay Kumar Choudhary to Yubi’s Board. His legacy of pioneering regulatory frameworks and driving fintech innovation aligns seamlessly with our vision to democratize credit access. Ajay’s strategic insights will be instrumental as we scale our technology-driven solutions and deepen our impact across global markets.”
Ajay Kumar Choudhary said, “Yubi’s innovative approach to solving systemic challenges across the debt lifecycle presents a unique opportunity to redefine financial inclusivity. I look forward to contributing to their journey of leveraging technology to build a transparent, efficient, inclusive and equitable credit ecosystem for businesses worldwide.”
