SBI Card Appoints Krishna Kant Bishnoi as New Chief Risk Officer

Image Source: MoneyControl

SBI Cards and Payment Services Ltd. has made the appointment of Krishna Kant Bishnoi as the Chief Risk Officer (CRO), a leadership change at senior level in the company's risk governance framework. The move comes on the heels of the resignation of Shantanu Srivastava as CRO on personal grounds, effective October 6, 2025.

Key points about leadership succession:

Krishna Kant Bishnoi has comprehensive risk management, compliance, and operational resilience expertise in financial institutions.
His entry will most probably enhance SBI Card's risk management strategy, regulatory compliance, and cyber security.
The company's Board of Directors sanctioned the move, following recommendations from the Nomination and Remuneration Committee and the Risk Management Committee.

Leadership change background:

Former CRO Shantanu Srivastava joined in April 2023, having been at HSBC for a long time, where he oversaw operational and resilience risk in APAC and India.
Srivastava's resignation was formally made public in a regulatory filing, where gratitude was shown for his work towards SBI Card's risk culture and transformation efforts.

Strategic implications:

Bishnoi's appointment is at a time when SBI Card is dealing with changing regulatory environments and greater cyber risk exposure.
His vision will be the driving force behind fraud detection, data governance, and thirdparty risk framework enhancement.

This change reflects SBI Card's commitment to strengthening its risk profile and ensuring leadership continuity and regulatory needs.

Sources: Economic Times, ET BFSI, SBI Card Regulatory Filings.