Former ICAI president Uttam Prakash Agarwal has joined NBFC-P2P lending major PaisaDukan as independent director.
Agarwal has accepted to join the company as an independent director, PaisaDukan said in a statement Monday.
PaisaDukan was the first new entrants to receive the Certificate of Registration from Reserve Bank of India in May 2018 to operate as NBFC-P2P company, it said.
Agarwal was elected as one of the youngest presidents of the Institute of Chartered Accountants of India (ICAI) for 2009-10, the company said.
He had played a key role in resolving and bringing auditors, who were involved in the 'Satyam scam', to task.
Commenting on Agarwal's appointment, PaisaDukan founder and CMD Rajiv Ranjan said with his joining, the company now boasts of having the strongest board with cumulative experience of more than 200 years.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.