NIKHIL Nandkumar Arekar has been recently appointed as the Managing Director and Chief Executive Officer (MD and CEO) of TJSB Sahakari Bank Limited, a leading urban cooperative bank in the country. Nikhil Arekar has an extensive experienceof 31 years in urban co-operative banking sector. Nikhil Arekar is post graduate in commerce and a CAIIB degree holder from the Indian Institute of Banking and Finance (IIBF).

 

Nikhil Arekar began his journey with TJSB Sahakari Bank Ltd in December 1993 and has progressed through various roles within the organisation to the position ofManagingDirector and Chief Executive Officer. During his tenure he has worked in credit, forex and administration verticals of the bank and has gained valuable experience in the areas of banking, retail credit, corporatecredit,SMEcredit, forex, NPA management and business development. TheBoard is confident that Nikhil Arekar will successfully lead thegrowth of the bank and also enhance customer experience. The Managing Director and Chief Executive Officer of the Bank Subbalakshmi Shirali retired on August 31, 2024. Subbalakshmi Shirali has congratulated Nikhil Arekar and wished him success in his role as MD and CEO.