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OYO appoints former SBI chairman Rajnish Kumar strategic group advisor

Kumar, who retired as SBI chairman in October 2020, is currently on the boards of HSBC Asia Pacific, L&T infotech, Hero Motocorp and BharatPe

SBI Chairman Rajnish Kumar, state bank of india
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Former SBI Chairman Rajnish Kumar

Neha Alawadhi New Delhi
Oravel Stays Limited (Oyo) on Thursday appointed State Bank of India’s (SBI’s) former Chairman Rajnish Kumar strategic group advisor, in an attempt to strengthen its leadership ahead of its stock market debut. 

Kumar, who has spent over 40 years in the financial sector, will play a key role in advising Oyo’s management on short-term and long-term strategy, regulatory and stakeholder engagement, and enhancing the brand of the company globally, the firm said.

“Ritesh, a first-generation entrepreneur, and his team, have created a unique technology platform to make Oyo a household name in the travel sector. I have always been excited

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