Mumbai, Maharashtra, India – March 2025 — Asish Karunakaran has been appointed as the Chief Technology Officer at the National Bank for Financing Infrastructure and Development (NaBFID), bringing his extensive experience in IT leadership and digital transformation to the forefront of the organization. In his new role, Asish will focus on strengthening technology infrastructure, driving digital initiatives, and supporting innovation-led strategies for growth at NaBFID.
Before his current role, Asish was pivotal at Tata Communications as Vice President of Product Management (BFSI), where he worked on cloud-based solutions tailored for the financial services sector. His illustrious career also includes tenures as Chief Technology Officer at ICICI Prudential AMC Ltd and Chief Information Officer at Vidal Healthcare. Renowned for his strategic acumen in IT strategy, cloud adoption, and cybersecurity, Asish has successfully led several large-scale technology transformation projects, enhancing digital capabilities across various organizations.
Asish is a well-respected figure in the IT industry, known for his ability to align technology solutions with business goals and drive innovation in highly regulated environments. His new role at NaBFID is expected to be instrumental in enhancing the bank’s digital capabilities, particularly in supporting infrastructure financing and development. His profound understanding of emerging technologies and strong leadership qualities are anticipated to bring dynamic changes to NaBFID, fostering growth and operational efficiency.
Asish holds a management degree from the Indian Institute of Management, Indore, which complements his strong technical background, making him well-equipped to lead NaBFID’s technological advancements.
The National Bank for Financing Infrastructure and Development (NaBFID) is a specialized Development Finance Institution in India dedicated to supporting the country’s robust infrastructure sector. Established by an Act of the Parliament in 2021, NaBFID aims to bridge gaps in long-term finance for infrastructure, strengthen the development of the bond and derivatives markets, and boost the Indian economy sustainably.
Read Also : Entering 2025, TA Leaders’ Success Built on More than Just Hiring, Says The Josh Bersin Company
People Analytics Teams Still Struggle to Deliver Business Impact, Warns The Josh Bersin Company
ESG and Women’s Leadership: Driving Sustainability and Inclusion
Learning and Development Trends for 2025: Shaping the Future of Workplace Learning
