Delhi, India, November 2025 — PNB Cards & Services Limited, a wholly-owned subsidiary of Punjab National Bank (PNB), has announced the appointment of Nilesh Pawar as its new Chief Operating Officer. In his new role, Nilesh will be responsible for strengthening operational excellence, compliance, and customer service processes across the company’s expanding portfolio of financial and non-financial services.
Before taking on his new role at PNB Cards & Services Limited, Nilesh Pawar spent more than 11 years with Punjab National Bank, where he held several key positions across the organization. As Chief Manager, he played a critical role in driving operational performance, credit management, and foreign exchange functions, ensuring compliance with national and international banking standards. His leadership in streamlining processes and improving service delivery contributed significantly to the bank’s efficiency and growth.
Prior to this, Nilesh worked as Senior Manager – Foreign Exchange at PNB, where he was responsible for managing cross-border financial transactions, risk assessment, and trade finance operations. His expertise in ISBP, Financing, and International Banking Operations enabled smoother foreign exchange management and strengthened PNB’s international business relationships.
Nilesh began his professional journey as a System Programmer at Konkan Railway Corporation Limited, where he developed strong analytical and technical skills in software systems and operations management. His early exposure to process optimization and digital systems provided a foundation for his later work in banking and operational leadership. He also completed an MBA internship with Asian Engineering Group, focusing on materials and logistics management.
A strong advocate for continuous learning, Nilesh holds a Master of Business Administration (MBA) in Business Administration, Management, and Operations from Savitribai Phule Pune University, and is currently pursuing another MBA in Banking and Financial Management from MITSOM (MIT School of Management).
About PNB Cards & Services Limited
PNB Cards & Services Limited (PNBCSL), established on March 16, 2021, is a wholly-owned subsidiary of Punjab National Bank. The company provides specialized non-financial support services to PNB, including sourcing, marketing, promotion, advertising, and distribution of retail loan products, credit cards, and deposit schemes. With a strong on-ground sales network and digital integration, PNBCSL ensures a seamless customer experience through its digital onboarding platforms and doorstep document collection services, reflecting its commitment to convenience, efficiency, and customer-centricity.
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