People, Positions and Obituaries · 19 August 2026

Shabnam Sinha to Succeed Sunil Bharti Mittal as Airtel Payments Bank Chair

Exam-focused facts from the 19 August 2026 current affairs briefing.

Key facts

  • Shabnam Sinha will succeed Sunil Bharti Mittal as non-executive chairperson of Airtel Payments Bank Limited.
  • Sunil Bharti Mittal will step down from the board effective September 30, 2026.
  • Shabnam Sinha will assume the role for a three-year term beginning October 1, 2026, after approval by the Reserve Bank of India (RBI).
  • Mittal was appointed non-executive chairman of Airtel Payments Bank in April 2016.
  • Sinha currently serves as an independent director on the board and chairs the Special Committee for Monitoring Frauds.
  • She has over three decades of experience including a stint at the World Bank.