Introduction
The BFSI sector is undergoing a profound digital transformation, bringing unprecedented opportunities for innovation while simultaneously expanding the cybersecurity landscape. As banks, insurance companies, mutual funds, fintechs, and financial platforms become increasingly dependent on digital infrastructure, the role of the Chief Information Security Officer has evolved from managing technology risks to becoming a strategic pillar of business resilience, trust, and continuity.
The BFSI Cybersecurity 100: India’s Most Influential CISOs – 2026 recognises the cybersecurity leaders helping India’s financial ecosystem navigate a rapidly changing environment. The featured CISOs and security leaders bring extensive experience across information security, cyber risk management, cloud security, data protection, application security, identity and access management, security operations, governance, compliance, incident response, and regulatory preparedness.
From strengthening security frameworks and modernising SOC operations to implementing Zero Trust approaches, protecting digital payment ecosystems, enabling secure cloud transformation, and aligning cybersecurity with business objectives, these leaders demonstrate the multifaceted role of modern security leadership. Their work reflects the growing importance of embedding cybersecurity into the strategic fabric of financial institutions while maintaining customer confidence and digital trust.
This edition celebrates 100 influential BFSI cybersecurity leaders whose expertise, strategic vision, and commitment to resilience are contributing to a safer, more secure, and future-ready financial ecosystem for India.
Abhilash Balan, Chief Information Security Officer at Kissht: With over two decades of experience spanning banking, insurance, and consulting, Abhilash Balan has built a distinguished career in enterprise cybersecurity. He leads initiatives across information security, compliance, governance, and business continuity, driving resilient security programs. His expertise spans cloud security, cyber risk, identity management, security operations, and regulatory compliance, enabling stronger digital trust across the financial ecosystem.
Abhishek Bansal, Chief Information Security Officer, Axis Max Life Insurance Limited: A seasoned cybersecurity and risk leader with more than 20 years of experience building secure, trusted digital ecosystems. He has played a pivotal role in strengthening cybersecurity, regulatory compliance, and digital trust within the financial services sector. His leadership combines strategic risk management with a strong focus on innovation, governance, and future-ready security practices.
Ajay Kumar Singh, Deputy Chief Information Security Officer, Star Health and Allied Insurance Co. Ltd.: Ajay Kumar Singh is an accomplished cybersecurity leader known for building and scaling enterprise security programs while translating cyber risks into business-focused outcomes. As Deputy CISO, he combines technical expertise with strategic leadership to strengthen cyber resilience and governance. His commitment to security as a business enabler has helped drive robust protection across critical insurance operations.
Akhil Verma, Chief Information Security Officer at AU Small Finance Bank: With more than 22 years of experience in information security, Akhil Verma has led cybersecurity transformation at leading banking and fintech organisations. He oversees enterprise security strategy, governance, compliance, and risk management while aligning cybersecurity with business goals. His expertise in cloud security, data privacy, and digital resilience continues to strengthen secure banking ecosystems.
Akhil Wadhavkar, Chief Information Security Officer, CDSL: Akhil Wadhavkar brings extensive experience in cybersecurity, IT infrastructure, disaster recovery, risk management, and regulatory compliance. Having led security functions across banking, financial markets, and financial institutions, he has consistently strengthened cyber resilience and operational security. His expertise in security operations and governance supports the protection of India’s critical financial infrastructure.
Akhilesh Mishra, Chief Information Security Officer at Digit Insurance: an accomplished cybersecurity professional with deep expertise in building security and privacy frameworks from the ground up. He has led initiatives in secure architecture, cloud security, risk management, and security-by-design across banking, healthcare, and insurance. His focus on embedding cybersecurity as a business enabler has significantly enhanced organisational resilience and compliance.
Ambuj Bhalla, Chief Information Security Officer, BharatPe: A seasoned cybersecurity executive with over 20 years of experience leading enterprise cyber risk, governance, and security transformation. He partners with business leaders to align cybersecurity with growth while advancing modern security operations, Zero Trust architecture, and digital resilience. His strategic approach continues to strengthen trust and security across India’s fintech landscape.
Amit Bhargava, Chief Information Security Officer, TATA AIG General Insurance Company Limited: Amit Bhargava is an experienced cybersecurity and risk management leader with a strong background in banking and financial services. His expertise spans enterprise risk management, IT risk, operational risk, and information security, enabling organisations to build secure and compliant digital environments. He is committed to advancing cyber resilience across the insurance sector.
Amit Jaokar, Chief Information Security Officer at Mirae Asset Sharekhan: Amit Jaokar is an accomplished technology and cybersecurity leader with extensive experience in capital markets and financial services. Having served in senior technology and security leadership roles, he has driven digital transformation while strengthening enterprise information security. His blend of technology leadership and cybersecurity expertise supports secure innovation in the financial sector.
Amit Kumar, Vice President & Chief Information Security Officer, Niva Bupa Health Insurance: Amit Kumar is a forward-looking cybersecurity leader focused on building resilient security programs that enable innovation and trust. He is committed to enhancing cyber resilience through business-aligned security strategies, cross-functional collaboration, and proactive risk management. His leadership continues to reinforce the security posture of India’s health insurance ecosystem.
Amit Malhotra, SVP, CISO /DPO, Paytm: Amit Malhotra is a seasoned cybersecurity leader with over 25 years of experience in information security, fintech, and enterprise risk management. As SVP CISO and DPO at Paytm, he leads cybersecurity strategy, governance, cloud security, application security, and regulatory compliance for one of India’s largest digital payments platforms. His expertise in cyber resilience, secure product engineering, and risk management has been instrumental in strengthening secure digital financial ecosystems.
Anil Kuril, Chief Information Security Officer & Head of DPO, Union Bank of India: Anil Kuril is an award-winning cybersecurity and digital transformation leader with over two decades of experience in the banking sector. As the CISO and Head of DPO at Union Bank of India, he leads enterprise-wide initiatives in cybersecurity, data privacy, and regulatory compliance, strengthening operational resilience. A former Chief Technology Officer, he has successfully driven large-scale core banking modernisation, cloud adoption, and digital transformation, enabling secure innovation across the banking ecosystem.
Aniruddha Mukhopadhyay, VP & Chief Information Security Officer, Jana Small Finance Bank: Aniruddha Mukhopadhyay is an experienced information security professional with a strong background in banking cybersecurity, risk management, and PCI DSS compliance. As CISO at Jana Small Finance Bank, he drives enterprise security initiatives, cyber risk management, and regulatory compliance. His extensive experience across banking and technology organisations has helped build resilient and secure financial operations.
Ankur Goyal, Corporate Vice President – IT Delivery and Transformation, Canara HSBC Life Insurance: Ankur Goyal is a technology and cybersecurity leader with more than two decades of experience driving enterprise transformation across the BFSI sector. Having previously served as Vice President – IT & Security and as CISO, he has led initiatives in IT infrastructure, business continuity, information security, and AI-driven modernisation. His leadership continues to enable secure digital transformation and operational excellence in financial services.
Anshul Mangla, Chief Information Security Officer & Data Privacy Officer, Hero FinCorp: Anshul Mangla is a distinguished cybersecurity executive with over 22 years of experience across banking, NBFCs, insurance, and global financial services. He leads enterprise cyber strategy, AI security, data privacy, regulatory compliance, and cyber resilience at Hero FinCorp while reporting to the Board Risk Committee. His strategic leadership has strengthened secure digital transformation and enterprise-wide cyber governance.
Antony Prakash, Chief Information Security Officer, NPCI: Antony Prakash is a veteran cybersecurity and technology leader with over 28 years of experience across banking, payments, and IT services. At NPCI, he heads information security, data privacy, governance, and security operations, helping secure India’s critical digital payments infrastructure. His leadership has been instrumental in building robust security frameworks that support billions of UPI transactions with resilience and trust.
Anuya Khatu, Director – Chief Information Security Officer – India, Deutsche Bank: An accomplished information security leader with deep expertise in cybersecurity, regulatory compliance, and risk management. As India CISO at Deutsche Bank, she oversees information security governance, regulatory alignment, audit management, and cyber risk for the India franchise. Her leadership has been pivotal in strengthening security posture while ensuring compliance with evolving financial regulations.
Arnab Biswas, Chief Information Security Officer & Data Protection Officer, Axis Direct: Arnab Biswas is an experienced cybersecurity leader with expertise spanning cloud security, threat hunting, offensive security, data protection, and enterprise risk management. As the CISO and DPO at Axis Securities, he leads the organisation’s information security strategy and data privacy. His strong background across banking, fintech, and consulting enables secure and resilient digital financial operations.
Ashwini Pandey, GM – Data Protection Officer, Punjab National Bank: A seasoned banking technology and cybersecurity leader with extensive experience in information security and IT leadership. Having served as Chief Information Security Officer before taking over as GM – Data Protection Officer at Punjab National Bank, he has played a key role in strengthening cyber resilience, data protection, and secure banking operations across one of India’s largest public sector banks.
Balagopal Varma, Chief Information Security Officer, Manappuram Group: An experienced information security and data protection professional with expertise in ISO 27001, third-party risk management, cybersecurity audits, and enterprise governance. As the CISO at Manappuram Group, he leads initiatives in cyber risk management, data protection, vendor security, and compliance. His work continues to enhance cyber resilience and regulatory readiness across the financial services ecosystem.
Bharat Saraf, Group Head – Global Data Privacy, Data Governance, and Data Ethics, PhonePe: Bharat Saraf is a leading privacy, governance, and compliance expert with over 17 years of experience in fintech, legal, and regulatory advisory roles. He leads PhonePe’s global data privacy, governance, and ethics function, driving Privacy by Design, DPDP compliance, and enterprise-wide privacy programs. His strategic leadership has been instrumental in building trusted and responsible data governance frameworks for India’s digital financial ecosystem.
Bibhu Krishna, CISO, Policybazaar: A seasoned cybersecurity and technology leader with extensive experience in IT strategy, infrastructure, and enterprise security. As CISO at PolicyBazaar, he leads the organisation’s information security framework, driving secure digital innovation and operational resilience. With over a decade of leadership within the company, he has played a key role in strengthening cybersecurity, governance, and business-aligned technology initiatives.
Chandrashekar Chettiar, CISO, Motilal Oswal Financial Services: A distinguished cybersecurity leader with over two decades of experience across the BFSI, energy, and critical infrastructure sectors. As CISO at Motilal Oswal Financial Services, he drives enterprise-wide cybersecurity governance, regulatory compliance, and cyber resilience. His expertise in GRC, risk management, and security transformation has helped build secure and future-ready digital ecosystems.
Deepak K, CISO and DPO, TVS Credit Services: Deepak K is an accomplished cybersecurity and data privacy leader with more than 23 years of experience across banking, consulting, and global enterprises. As CISO and DPO at TVS Credit Services, he leads cyber risk, security strategy, and data protection initiatives. His expertise spans security transformation, compliance, enterprise architecture, and the development of resilient security frameworks.
Dhananjay Khanna, Sr. Vice President / CISO, SBI Cards and Payment Services: A highly experienced cybersecurity executive leading information security strategy at SBI Cards and Payment Services. He is responsible for driving enterprise-wide cyber resilience, security operations, and risk management aligned with business objectives. With deep expertise in cyber defence, threat intelligence, and security architecture, he continues to strengthen the organisation’s digital security posture.
Dharmendra Y., CISO, Cashfree Payments: Dharmendra Y. is a cybersecurity and quality engineering leader driving security, governance, and compliance at Cashfree Payments. He leads initiatives in enterprise risk management, regulatory compliance, DevSecOps, and AI risk, while embedding security into product development. His practical, engineering-driven approach has strengthened security resilience without compromising innovation and agility.
Dinesh Kamble, Chief Information Security Officer at RBL Bank: An accomplished cybersecurity leader with nearly 25 years of experience in information security, enterprise risk, and regulatory compliance. As CISO at RBL Bank, he leads the bank’s cybersecurity strategy, security architecture, and governance initiatives. His extensive expertise across BFSI and global security organisations enables him to build resilient, business-focused security programmes.
Dr Priyank Sheth, Group CIO & CISO, Anand Rathi Group: Dr Priyank Sheth is a seasoned technology and cybersecurity leader with over 26 years of experience in IT, information security, and data privacy. As Group CIO & CISO at Anand Rathi Group, he drives enterprise technology, cybersecurity, and regulatory compliance strategies. His focus on innovation, governance, and business alignment has strengthened secure digital transformation across the organisation.
Girish Dixit, CISO & DPO, Kotak Securities: A distinguished information security leader with extensive expertise in cybersecurity, risk management, compliance, and security architecture. As CISO & DPO at Kotak Securities, he leads enterprise security and data protection initiatives across a highly regulated financial environment. His cross-industry experience has been instrumental in building resilient and governance-driven security frameworks.
Harshal Harbak, CISO, Fedbank Financial Services: Harshal Harbak is an experienced cybersecurity professional with strong expertise in information security governance, cyber risk, cloud security, and business resilience. As CISO at Fedbank Financial Services, he leads strategic initiatives to strengthen the organisation’s cybersecurity posture and regulatory compliance. His leadership continues to enhance secure digital operations across the financial services landscape.
Hemant Kumar, CISO, Bajaj Auto Credit Limited: A cybersecurity leader driving enterprise-wide information security, governance, and compliance at Bajaj Auto Credit Limited. He leads initiatives focused on cloud security, data protection, cyber resilience, and regulatory alignment while enabling secure digital transformation. His expertise in security operations and risk management helps strengthen the organisation’s evolving cybersecurity framework.
Himanshu Kumar Das, Chief Information Security Officer, CRED: A pioneering cybersecurity leader with over two decades of experience, Himanshu Kumar Das has built and scaled security programs for leading digital-first organisations including CRED, Grab, Flipkart, and PayPal. As CISO at CRED, he drives AI-native cybersecurity, risk, and compliance initiatives while shaping industry standards through global forums and security communities. His deep expertise in offensive security, cloud security, and cyber resilience continues to strengthen India’s fintech security ecosystem.
Jasmeet Singh, Chief Risk Officer, IndusInd General Insurance: A seasoned risk management professional with over two decades of experience, Jasmeet Singh has played a key role in strengthening enterprise risk frameworks across India’s insurance sector. As Chief Risk Officer at IndusInd General Insurance, he leads strategic risk governance, regulatory compliance, and business resilience initiatives, enabling sustainable growth through robust risk management practices.
Jignesh Joshi, Chief Information Security Officer & Data Protection Officer, Piramal Finance: With nearly three decades of cross-industry experience spanning banking, pharmaceuticals, and IT, Jignesh Joshi is a respected cybersecurity and data privacy leader. He has successfully led enterprise-wide security, governance, and compliance programs while driving regulatory adherence and cyber resilience. His strategic leadership continues to strengthen security in complex, highly regulated business environments.
Jimit Narendra Shah, Chief Information Security Officer, LIC Housing Finance: An accomplished cybersecurity leader with over 20 years of experience in information security, governance, risk, and compliance across the BFSI sector. He has led enterprise security transformations focused on cyber resilience, data privacy, and regulatory compliance. His expertise in aligning cybersecurity with business strategy enables secure digital transformation across financial institutions.
Jitendra Jadhwani, Senior Vice President, Cyber Security, Tata Capital: A veteran technology and cybersecurity leader, Jitendra Jadhwani has been instrumental in driving cyber excellence across Tata Group companies. With extensive experience spanning IT leadership, corporate excellence, and information security, he has successfully integrated cybersecurity with business resilience, sustainability, and digital transformation to strengthen organisational security posture.
Jitendra Kumar, Vice President – IT & Chief Information Security Officer, Nainital Bank: Jitendra Kumar brings over 18 years of experience in banking technology, cybersecurity, and regulatory compliance. As Vice President and CISO at Nainital Bank, he leads cybersecurity strategy, cyber risk management, operational resilience, and secure digital transformation initiatives. His expertise in banking security governance continues to enhance cyber resilience across critical financial infrastructure.
Jitesh Jadhav, Vice President & Head – IT Infrastructure and Information Security, Tyger Capital: With more than 18 years of experience across BFSI, healthcare, and IT services, Jitesh Jadhav is a technology and information security leader specialising in infrastructure, cyber governance, and digital transformation. He has played a significant role in strengthening enterprise security, IT risk management, and technology resilience while enabling secure business growth.
Jobin T. Akkara, Chief Information Security Officer, Chola MS General Insurance: An experienced cybersecurity executive with deep expertise in banking and insurance, Jobin T. Akkara has successfully led enterprise information security programs for over two decades. At Chola MS General Insurance, he oversees cyber governance, security operations, regulatory compliance, and business continuity, helping build a resilient and secure digital insurance ecosystem.
Jose K A, Deputy General Manager, South Indian Bank: Jose K A is a seasoned banking technology leader with over 20 years of experience in core banking, project management, disaster recovery, and information systems. Throughout his tenure at South Indian Bank, he has contributed significantly to technology modernisation, IT governance, and operational resilience, supporting secure and reliable banking operations.
Kalpesh Doshi, Chief Information Security Officer & Data Protection Officer, HDFC Life Insurance: With over 24 years of cybersecurity leadership experience, Kalpesh Doshi has led large-scale security and compliance initiatives across global organisations including Accenture, Capgemini, FIS, and HSBC. As CISO at HDFC Life, he drives business-aligned cybersecurity, regulatory compliance, and data protection strategies while advancing cyber resilience across India’s insurance sector.
Kamaiah Nadavala, Chief Information Security Officer at Upstox: A seasoned cybersecurity leader with nearly two decades of experience, Kamaiah Nadavala has built and strengthened security frameworks at leading technology and fintech organisations. At Upstox, he drives enterprise cybersecurity strategy, regulatory compliance, cloud security, and cyber resilience to safeguard critical financial platforms. His expertise in application security, DevSecOps, and risk management continues to enhance the organisation’s security posture.
Kamleshwar Yadav, Chief Information Security Officer, Mahindra Home Finance: An accomplished cybersecurity leader with deep expertise in governance, risk, compliance, and regulatory security across the BFSI sector. He has led enterprise security initiatives spanning global operations, strengthening cyber resilience, operational efficiency, and compliance with international standards. His strategic leadership continues to reinforce secure digital transformation within financial services.
Kiran Belsekar, Executive Vice President – Technology & Security, Bandhan Life: Kiran Belsekar is a distinguished technology and cybersecurity executive with over two decades of experience driving digital transformation across the insurance and financial services industry. He leads initiatives in technology, cybersecurity, data governance, and privacy, enabling secure innovation and customer-centric digital experiences. His expertise has earned multiple industry recognitions for excellence in technology leadership.
Krishna J., Executive Vice President and Chief Information Security Officer, Pine Labs: Krishna J. is a highly experienced cybersecurity and data privacy leader with over 25 years of expertise in product security, regulatory compliance, and cyber resilience. At Pine Labs, he leads enterprise information security, privacy governance, AI security strategy, and secure product development across payment platforms. His leadership strengthens organisational resilience while advancing secure digital innovation.
Kuldeep Pal, Chief Information Security Officer, Bank of India: Kuldeep Pal leads the information security function at Bank of India, overseeing the protection of critical banking systems and digital infrastructure. With extensive experience in information security within the banking sector, he has played a key role in strengthening cybersecurity governance and risk management. His leadership supports the bank’s commitment to secure and resilient financial services.
Madhur Joshi, Chief Information Security Officer at HDB Financial Services: a seasoned information security leader with extensive experience in cybersecurity governance, risk management, regulatory compliance, and business continuity. He has successfully built robust cyber resilience programs, modernised security operations, and strengthened regulatory compliance across leading financial institutions. His strategic approach continues to safeguard critical financial ecosystems.
Makarand K., Chief Information Security Officer & Deputy Vice President – Risk Management, ICICI Lombard: Makarand K. is a forward-looking cybersecurity executive driving enterprise cyber resilience, AI governance, cloud security, and global privacy initiatives. He leads security strategy, regulatory compliance, and risk management while enabling secure digital transformation across the insurance business. His expertise spans international cybersecurity frameworks and board-level security governance.
Makesh Chandramohan, Group Chief Information Security Officer, Aditya Birla Capital: A seasoned cybersecurity strategist with over two decades of experience in information security, data privacy, business continuity, and operational risk management. As Group CISO, he drives enterprise-wide cybersecurity strategy and governance across Aditya Birla Capital’s financial services businesses. His leadership has been instrumental in building resilient security frameworks and advancing cyber innovation.
Mannan Godil, Director, Chief Information Security Officer, Head Business & IT Continuity and Data Privacy, BNP Paribas India & Manila CoE: Mannan Godil is an accomplished cyber risk and resilience leader with more than 25 years of experience across the BFSI and technology sectors. He oversees cybersecurity, business continuity, operational resilience, and data privacy, and strengthens enterprise security governance. His expertise continues to support secure and resilient financial operations across global delivery centres.
Manoj Nayak, Chief Information Security Officer, SBI Life Insurance: An experienced information security leader with deep expertise in cybersecurity, IT risk management, vendor governance, and regulatory compliance. At SBI Life Insurance, he has been instrumental in strengthening the organisation’s security framework and protecting critical digital assets. His long-standing leadership continues to reinforce trust and resilience in the insurance sector.
Manoj Sarangi, Chief Information Security Officer at IndusInd Bank: With nearly three decades of cybersecurity leadership experience, Manoj Sarangi has built and led enterprise security programs across banking, technology, and consulting. As CISO at IndusInd Bank, he is driving secure digital transformation, cyber resilience, and regulatory compliance. His expertise spans cloud security, governance, privacy, and board-level cybersecurity strategy.
Mitesh Tolia, Chief Information Security Officer, Mahindra & Mahindra Financial Services: Mitesh Tolia leads cybersecurity at Mahindra Finance, bringing extensive experience in securing digital banking ecosystems. Having previously served as CISO at Jio Payments Bank, he has played a key role in strengthening cyber resilience and information security. His leadership focuses on building secure, compliant, and future-ready financial services.
Mohd Imran, Chief Information Security Officer, L&T Finance: A seasoned cybersecurity leader with over 25 years of experience driving enterprise security, digital transformation, and risk management. As CISO at L&T Finance, he aligns cybersecurity with business strategy while strengthening governance, cloud security, AI security, and regulatory compliance. His leadership enables secure innovation across complex financial ecosystems.
Mrinmoy Dey, Lendingkart: An experienced cybersecurity professional with expertise in enterprise security, risk management, and secure digital transformation. His leadership focuses on building resilient security frameworks, strengthening governance, and enabling business growth through robust cyber resilience. He plays a key role in advancing secure and scalable cybersecurity practices within the financial sector.
Muneer H. KongaWani, DGM & CISO, Jammu & Kashmir Bank: With nearly three decades of experience, Muneer H. KongaWani has been instrumental in shaping cybersecurity and IT governance within the banking sector. As DGM & CISO at Jammu & Kashmir Bank, he leads enterprise-wide initiatives in cyber strategy, governance, risk, compliance, and resilience. His expertise spans security architecture, regulatory compliance, disaster recovery, and secure digital transformation.
Murli Nambiar, Group Chief Information Security Officer, State Bank of India: Murli Nambiar is a distinguished cybersecurity leader with extensive experience across leading banking and financial institutions in India and abroad. As the Group CISO at SBI, he oversees cybersecurity for one of the country’s largest banking ecosystems, driving security operations, protecting emerging technologies, and advancing enterprise-wide cyber resilience. His leadership has been pivotal in building large-scale security programs from the ground up.
Neeraj Naidu, Chief Information Security Officer, Kotak Mahindra Bank: Neeraj Naidu brings over two decades of expertise in IT infrastructure and cybersecurity leadership. As CISO at Kotak Mahindra Bank, he is focused on strengthening cyber resilience, driving AI-enabled security, and aligning technology with business objectives. His experience spans digital transformation, technology operations, and enterprise risk management.
Neil Vaz, Chief Risk Officer, SBI General Insurance: An accomplished risk management leader overseeing enterprise risk and cybersecurity at SBI General Insurance. With deep expertise in operational risk, regulatory compliance, business continuity, and governance, he has consistently strengthened risk frameworks across leading financial institutions. His leadership supports resilient and secure insurance operations.
Nikhil Bhujade, Chief Information Security Officer at Poonawalla Fincorp, is a hands-on cybersecurity leader with nearly two decades of experience in information security. As CISO at Poonawalla Fincorp, he drives cybersecurity strategy, regulatory compliance, cloud security, and security operations to enhance business resilience. His technical expertise and business-focused approach enable secure digital growth.
Nilesh Jadhav, Executive Vice President & CISO, Kotak Mutual Fund: An accomplished technology and cybersecurity leader with extensive experience in IT infrastructure, security, and enterprise operations. At Kotak Mutual Fund, he oversees critical technology and security initiatives and drives operational excellence and infrastructure modernisation. His expertise spans IT strategy, governance, project management, and secure business operations.
Ninad Varadkar, Sr. Vice President & Group CISO, Edelweiss Financial Services: A seasoned cybersecurity leader with extensive experience in building resilient security programs for leading financial institutions. Ninad has driven enterprise-wide initiatives spanning Zero Trust, cloud security, SOC modernisation, ransomware defence, and data protection. His expertise in risk management, cyber resilience, and regulatory readiness has strengthened Edelweiss’ security posture while enabling secure business growth. A respected industry speaker, he actively contributes to advancing cybersecurity awareness and best practices.
Nitin Chauhan, Chief Information Security Officer, IDFC FIRST Bank: A distinguished technology and cybersecurity executive with over two decades of leadership across banking and digital payments. Nitin has successfully led enterprise technology transformation, IT governance, and cyber risk management for some of India’s leading financial institutions. His expertise in securing complex banking ecosystems has played a vital role in strengthening digital trust and operational resilience. He continues to drive robust cybersecurity strategies that support secure financial innovation.
Parshuram Dabholkar, Chief Information Security Officer, SBI Securities: An accomplished information security leader with deep expertise in cybersecurity governance, regulatory compliance, and cyber resilience within the financial sector. Parshuram has led comprehensive security programs focused on risk management, business continuity, identity management, and incident response. His strategic leadership has strengthened organisational security frameworks while ensuring resilience against evolving cyber threats. He remains committed to building a proactive security culture across the enterprise.
Pawan Chawla, SVP, Chief Information Security Officer & Data Privacy and Protection Officer, Tata AIA Life Insurance: A highly accomplished cybersecurity and data privacy leader with over 25 years of experience across BFSI, insurance, consulting, and technology. Pawan specialises in enterprise security architecture, cyber risk management, regulatory compliance, and privacy governance. His leadership has enabled organisations to build secure, resilient, and business-aligned cybersecurity frameworks. He continues to drive innovation in cyber resilience while strengthening trust and regulatory excellence.
Prafful Goel, Head, Infosec GRC, Hero FinCorp: A cybersecurity and governance professional with strong expertise in information security, risk management, IT audits, and regulatory compliance. Prafful has played a key role in strengthening governance frameworks across digital banking and financial services while driving technology risk management initiatives. His experience spans enterprise risk, cybersecurity strategy, and digital transformation consulting. He is recognised for enabling secure and compliant financial ecosystems.
Pragya Rajvanshi, Chief Information Security Officer, ICICI Pension Fund: An experienced information security leader with a strong background in business continuity, cyber risk management, and information security governance. Pragya has successfully led resilience and security initiatives across the insurance and pension sectors, ensuring regulatory compliance and operational continuity. Her expertise in risk assessment and security management has strengthened organisational preparedness against evolving cyber risks. She continues to champion resilient and secure financial operations.
Prajal Kulkarni, Chief Information Security Officer, Groww: A forward-thinking cybersecurity leader known for building scalable security engineering and governance programs for high-growth technology organisations. Prajal has extensive expertise in application security, cloud security, security engineering, and developer-centric security practices. His leadership emphasises automation, innovation, and security as business enablers, helping organisations scale securely. He is also an active contributor to the global cybersecurity community through mentoring and thought leadership.
Prajeesh KG, Chief Information Security Officer, Muthoot Capital Services: A cybersecurity professional with nearly two decades of experience in information security, security operations, and cyber defence within the BFSI sector. Prajeesh has led initiatives across SOC operations, incident response, threat intelligence, regulatory compliance, and enterprise security governance. His expertise in implementing advanced security technologies has significantly enhanced organisational cyber resilience. He remains focused on strengthening secure and compliant financial ecosystems.
Prakash Kumar Ranjan, Chief Information Security Officer & Data Protection Officer, Sammaan Capital Ltd: A seasoned cybersecurity, governance, and risk management leader with extensive experience across banking, insurance, and financial services. Prakash has successfully established enterprise security programs, SOC capabilities, and regulatory compliance frameworks while driving cyber resilience initiatives. Widely recognised for his contributions to the industry, he has received multiple prestigious cybersecurity leadership awards. His strategic vision continues to strengthen secure digital transformation across the BFSI sector.
Prashant Dhanodkar, Chief Information Security Officer & Dy. SVP, SBI General Insurance: A distinguished cybersecurity and IT risk leader with over 25 years of exclusive BFSI experience spanning banking and insurance. Prashant has played a pivotal role in establishing robust security governance, cyber resilience, and regulatory compliance frameworks within the insurance sector. He has also contributed to the development of industry-wide information security guidelines, reinforcing his impact on India’s cybersecurity landscape. His leadership continues to strengthen secure and resilient financial services.
Prashant Lokhande, Executive Director – India CISO, DBS Bank: With over 25 years of experience spanning information security, cybersecurity, and internal audit, Prashant Lokhande has been instrumental in strengthening cyber resilience within the banking sector. As Executive Director at DBS Bank, he has led enterprise-wide technology risk management and security initiatives aligned with evolving regulatory expectations. His extensive expertise in governance, audit, and cyber risk continues to reinforce secure digital banking operations.
Prashant Verma, Head – Information Security (CISO), Bajaj Finance: Prashant Verma is a seasoned cybersecurity leader with over 20 years of experience driving information security, cyber resilience, and regulatory compliance in financial services. At Bajaj Finance, he leads enterprise security strategy across cloud security, AI security, data privacy, and cyber risk management. A recognised speaker and author, he has made significant contributions to the advancement of secure digital financial ecosystems.
Praveen Parihar, Chief Information Security Officer, Razorpay: Praveen Parihar is a cybersecurity and fraud risk leader with over 14 years of experience securing fintech and digital payment ecosystems. As CISO at Razorpay, he oversees cybersecurity strategy, fraud prevention, cloud security, and regulatory compliance. His expertise in payment security and risk management has helped strengthen trust and resilience across high-growth financial technology platforms.
Radhakrishnan S., General Manager & Chief Information Security Officer, Indian Overseas Bank: With three decades of banking experience, including 15 years in information technology, Radhakrishnan S. has played a key role in advancing cybersecurity within the public banking sector. As CISO at Indian Overseas Bank, he leads initiatives focused on information security governance, cyber risk management, and regulatory compliance. His professional certifications and extensive banking expertise reinforce the bank’s digital security framework.
Rahul Dwivedi, Chief Information Security Officer, Bank of Maharashtra: An accomplished information security professional specialising in IT risk management, security operations, and regulatory compliance. As the CISO at Bank of Maharashtra, he leads cybersecurity operations and strengthens governance frameworks aligned with RBI, SEBI, PCI DSS, and ISO standards. His expertise continues to enhance cyber resilience across the banking ecosystem.
Rahul Modgil, Chief Information Security Officer, PNB Housing Finance: Rahul Modgil brings over 23 years of leadership experience across the defence and BFSI sectors, with deep expertise in cybersecurity, risk management, and regulatory compliance. As CISO at PNB Housing Finance, he drives enterprise security strategy, cyber resilience, and digital trust. His distinguished military background and extensive experience in securing critical infrastructure make him a respected cybersecurity leader.
Rajendra Bhalerao, Chief Information Security Officer, Central Bank of India: Rajendra Bhalerao is a veteran cybersecurity leader with more than two decades of experience across banking, payments, consulting, telecom, and data centre environments. As CISO at Central Bank of India, he leverages extensive expertise in information security governance, cyber risk, and regulatory compliance. His leadership across institutions, including NPCI, Paytm Payments Bank, SBM Bank, and Scotiabank, reflects a distinguished career in shaping India’s financial ecosystem.
Rajendra Daf, Chief Information Security Officer at Bajaj Housing Finance Limited: An accomplished technology and cybersecurity executive with nearly 20 years of experience in information security, IT infrastructure, and digital transformation. As CISO at Bajaj Housing Finance, he leads enterprise cybersecurity governance, vulnerability management, and regulatory compliance initiatives. His strategic leadership has strengthened secure digital operations and resilient technology infrastructure across the organisation.
Rajesh Dangi, Chief Information Security Officer, Punjab & Sind Bank: Rajesh Dangi has been leading cybersecurity and information security initiatives at Punjab & Sind Bank since 2018. As Chief Information Security Officer, he focuses on strengthening cyber governance, regulatory compliance, and secure banking operations. His leadership has enhanced the bank’s cyber resilience and safeguarded critical financial systems against evolving threats.
Rajesh S. Dongre, Sr. Vice President & Chief Information Security Officer, HDFC ERGO General Insurance: Rajesh S. Dongre is a highly experienced cybersecurity executive with over two decades of expertise in information security, IT infrastructure, and risk management. As Sr. Vice President and CISO at HDFC ERGO General Insurance, he leads initiatives in enterprise cybersecurity strategy, regulatory compliance, and digital resilience. His extensive leadership across the insurance sector has been instrumental in strengthening secure and trusted digital operations.
Rajesh Singhal, Chief Information Security Officer at HDFC Securities, is a seasoned cybersecurity and IT leader with extensive experience in capital markets and financial services. As CISO at HDFC Securities, he drives enterprise security strategy, IT governance, and cyber resilience. His leadership spans infrastructure modernisation, risk management, and secure digital transformation. Backed by advanced cybersecurity certification from MIT, he continues to strengthen the organisation’s security posture.
Rajesh Thapar, Chief Information Security Officer, NSE India: Rajesh Thapar is a distinguished cybersecurity and IT risk leader with over three decades of experience at leading banks, fintech firms, and other financial institutions. As CISO at NSE India, he leads strategic cybersecurity initiatives, regulatory compliance, and enterprise risk management. His expertise in balancing innovation with security has enabled resilient digital ecosystems across the BFSI sector. The globally recognised CISSP and CISA certifications complement his strong technical foundation.
Ramesh Gurram, Chief Information Security Officer, BSE India: An accomplished cybersecurity executive with over two decades of expertise in information security, governance, risk management, and compliance. As CISO at BSE India, he leads the protection of critical financial infrastructure through advanced cyber defence and resilient security frameworks. He has successfully established next-generation Security Operations Centres and strengthened regulatory compliance. A respected mentor and industry contributor, he is also the Founding President of the ISC2 Mumbai Chapter.
Ratan Jyoti, Head – Technology Risk Management, Data Protection & CISO, Ujjivan Small Finance Bank: A seasoned cybersecurity and technology risk leader driving enterprise cyber resilience at Ujjivan Small Finance Bank. He oversees technology risk, data protection, and information security while advising senior leadership and the Board on cyber governance and operational resilience. His leadership has strengthened regulatory compliance, reduced fraud risk, and enabled the growth of secure digital banking. He is widely recognised for embedding risk-aware decision-making across the organisation.
Ravi Bhushan, Chief Information Security Officer, PayU: A cybersecurity and technology risk executive with two decades of experience across global financial services, consulting, and payments. As CISO at PayU, he leads cybersecurity, privacy, and technology risk programs that safeguard digital payment ecosystems. His expertise spans cloud security, governance, regulatory compliance, and secure payment infrastructure. Ravi is also an active industry speaker and advocate for AI governance and data protection.
Rupesh Poojary, Head – Infrastructure & CISO, Godrej Capital: Rupesh Poojary is an experienced technology and cybersecurity leader with over 20 years of expertise in IT infrastructure, operations, and information security. As Head of Infrastructure and CISO at Godrej Capital, he leads secure technology operations and infrastructure transformation. His strong background in financial services and retail has enabled him to build resilient, scalable IT environments. He combines deep infrastructure expertise with modern cybersecurity practices to support business growth.
Sachchidanand Muchandi, Executive Director & Group CISO, JM Financial: A veteran cybersecurity executive with over 27 years of experience in information security, technology infrastructure, and cyber risk management. As Executive Director and Group CISO at JM Financial, he drives enterprise cybersecurity strategy, governance, and regulatory compliance. He works closely with leadership and board committees to strengthen cyber resilience and secure digital transformation. His strategic vision has played a key role in building robust security capabilities across the organisation.
Sameer Rahate, Deputy CISO, DCB Bank: Sameer Rahate is an accomplished cybersecurity and business continuity professional with extensive experience in information security, resilience planning, and risk management. As Deputy CISO at DCB Bank, he strengthens cyber governance, regulatory compliance, and security operations. His expertise spans incident response, vendor risk management, business continuity, and disaster recovery across the BFSI sector. He has consistently driven the development of resilient security frameworks that support critical banking operations.
Sameer Ratolikar, Group Head & CISO, HDFC Bank: Sameer Ratolikar is one of India’s leading banking cybersecurity leaders with over two decades of experience in information security and technology risk. As Group Head and CISO at HDFC Bank, he spearheads the enterprise cybersecurity strategy, zero-trust initiatives, cyber defence, and regulatory compliance. A recognised thought leader, he has pioneered several industry-first security frameworks and actively contributes to national cybersecurity initiatives. His leadership continues to strengthen the resilience of India’s financial ecosystem.
Sandip Banerjee, Senior Vice President & Chief Information Security Officer, Bandhan Bank: With over two decades of experience in information security, Sandip Banerjee has built and strengthened cybersecurity programs across banking and enterprise organisations. As CISO at Bandhan Bank, he leads the bank’s cyber resilience and security strategy. His expertise spans information security governance, risk management, and enterprise security transformation, reinforcing the bank’s digital trust and resilience.
Sanjay Pugaonkar, VP & Chief Information Security Officer, SBI Mutual Fund: Sanjay Pugaonkar is a seasoned cybersecurity leader with more than 22 years of experience in cyber strategy, governance, compliance, and technology risk management. As CISO at SBI Mutual Fund, he drives enterprise-wide security initiatives, regulatory compliance, cloud security, and cyber resilience. His leadership continues to strengthen the organisation’s security posture in a highly regulated financial ecosystem.
Santosh Sheshware, Chief Information Security Officer, Aditya Birla Sun Life AMC: Santosh Sheshware is an accomplished information security leader with extensive experience across leading insurance and financial institutions. As CISO at Aditya Birla Sun Life AMC, he leads cybersecurity strategy, governance, and risk management to safeguard critical business operations. His expertise in building resilient security frameworks continues to enhance the organisation’s digital security capabilities.
Sathyanarayanan Chandrasekaran, Chief Information Security Officer, Sundaram Finance: An experienced cybersecurity professional driving enterprise security, governance, and regulatory compliance at Sundaram Home Finance. He leads initiatives spanning cyber resilience, technology risk, data protection, business continuity, and incident response. His strategic approach aligns security with business objectives while strengthening customer trust and operational resilience.
Satyendra Biswas, Chief Information Security Officer at YES Securities: a cybersecurity leader with strong expertise in information security, cyber resilience, and regulatory compliance. As CISO at YES Securities, he focuses on enabling business-first security through scalable risk management and data protection practices. His experience in enterprise security programs and ISO 27001 compliance strengthens the organisation’s security posture.
Shahzan Mulla, Group Head of IT and Security, Groww: Shahzan Mulla is a technology and cybersecurity leader driving secure digital transformation across fast-growing organisations. As Group Head of IT and Security at Groww, he leads Zero Trust, cloud security, governance, and enterprise IT strategy while enabling scalable fintech growth. His expertise in automation, cyber defence, and operational excellence strengthens the organisation’s digital resilience.
Shakti Pradhan, Chief Information Security Officer, Kotak Life: Shakti Pradhan is an accomplished information security executive with deep expertise in cybersecurity governance, regulatory compliance, privacy, and enterprise risk management. As the CISO at Kotak Life, she leads initiatives to strengthen cyber resilience, information security, and regulatory readiness. Her extensive experience across banking, insurance, and consulting supports secure and sustainable business growth.
Shanker Ramrakhiani, EVP & Group CISO & DPO & Head BCP, IIFL Finance: A veteran cybersecurity leader with extensive expertise in information risk management, governance, business continuity, and data protection. At IIFL Finance, he oversees enterprise information security, privacy, and business continuity programs while driving compliance with global security frameworks. His leadership plays a key role in strengthening the organisation’s cyber resilience and operational stability.
Shravan Koti, Chief Information Security Officer, Zerodha: Shravan Koti leads cybersecurity at Zerodha with a strong focus on information security management, compliance, and process improvement. His diverse background across academia and information security enables a practical approach to building secure and resilient financial technology environments. He continues to strengthen Zerodha’s cybersecurity framework in support of its growing digital ecosystem.
Shreerang Vaidya, Chief Information Security Officer at Mastercard: a globally experienced cybersecurity executive with deep expertise in payments, fintech, technology risk, and operational resilience. As CISO for Mastercard Transaction Services, he leads security strategies that enable secure, compliant, and resilient cross-border payment ecosystems. His leadership across global cybersecurity, regulatory compliance, and digital trust continues to advance the security of critical financial infrastructure.
Solkar Nagaraj, Chief Information Security Officer at Bajaj Allianz General Insurance: A seasoned cybersecurity leader with extensive experience in the insurance and financial services sectors, Solkar Nagaraj has been instrumental in strengthening enterprise security governance and cyber resilience. His expertise spans information security strategy, risk management, and regulatory compliance. With a career dedicated to safeguarding critical business systems, he continues to drive secure digital transformation at Bajaj Allianz General Insurance.
Sridhar Govardhan, Group Chief Information Security Officer, Angel One: Sridhar Govardhan is a distinguished cybersecurity executive with over two decades of experience leading information security across leading technology, fintech, and financial organisations. Renowned for building resilient security frameworks and driving innovation-led cyber strategies, he champions a security-first culture. At Angel One, he is focused on strengthening cyber resilience and protecting digital financial ecosystems.
Srihari Kotni, Chief Information Security Officer, Jio Financial Services: Srihari Kotni is an accomplished information security leader with deep expertise in securing digital payments, financial services, and telecom ecosystems. His experience spans global security governance, cloud security, risk management, and regulatory compliance. At Jio Financial Services, he is driving robust cybersecurity strategies that enable secure financial innovation and business growth.
Steve Dsouza, Chief Risk Officer, ICICI Lombard General Insurance: Steve Dsouza is a seasoned risk and cybersecurity leader with extensive experience in enterprise risk management, cybersecurity, governance, and compliance. Having previously led information security as CISO, he brings a comprehensive approach to managing technology and business risks. As Chief Risk Officer at ICICI Lombard, he plays a key role in strengthening organisational resilience and secure growth.
Sudarshan Pillai, Chief Information Security Officer, LIC Mutual Fund: Sudarshan Pillai is a cybersecurity and technology risk leader with over 26 years of experience driving enterprise security and regulatory compliance across the BFSI sector. He is recognised for advancing Zero Trust initiatives, modernising security operations, and aligning cybersecurity with business objectives. At LIC Mutual Fund, he leads strategic efforts to strengthen cyber resilience and safeguard critical financial assets.
Sumeet Mishra, Chief Information Security Officer, Suryoday Small Finance Bank: Sumeet Mishra is an experienced cybersecurity professional with expertise in information security risk, policy governance, regulatory compliance, and application security. His leadership has been instrumental in strengthening security frameworks and enhancing cyber resilience within the banking sector. At Suryoday Small Finance Bank, he continues to drive secure and compliant digital banking initiatives.
Sunil Nishankar, Chief Information Security Officer at Future Generali India Insurance: a respected information security leader with expertise in cyber risk, data privacy, governance, and regulatory compliance. Backed by a strong research and consulting background, he has successfully led enterprise security programs across diverse industries. At Future Generali India Insurance, he focuses on building resilient cybersecurity capabilities to support secure business transformation.
Tanmay Mudur, Chief Information Security Officer, SVC Bank: An accomplished technology and information security leader with decades of experience in banking and IT. His expertise in driving secure technology operations and strengthening information security governance has contributed significantly to the bank’s digital resilience. As CISO at SVC Bank, he is committed to protecting critical banking infrastructure and customer trust.
Vaibhav Sonavane, Chief Information Security Officer, CSB Bank: A cybersecurity leader recognised for his expertise in enterprise security architecture, cloud security, identity and access management, and cyber risk governance. With extensive experience advising organisations on security strategy, he has consistently enabled secure digital transformation. At CSB Bank, he is leading initiatives to strengthen cyber resilience and business-enabling security.
Vinay Tiwari, Chief Information Security Officer, Axis Bank: A highly experienced cybersecurity executive with deep expertise in security architecture, cyber risk management, payment security, and regulatory compliance. Having led security functions across prominent banking institutions, he has played a pivotal role in advancing enterprise cyber resilience. As Group Head and CISO at Axis Bank, he is driving secure digital innovation and protecting critical financial infrastructure.
Vinod Kumar G., Chief Information Security Officer & Data Protection Officer, Paytm Money: Vinod Kumar G. is a seasoned cybersecurity and privacy leader with over two decades of experience across BFSI, fintech, and global enterprises. His expertise spans cyber governance, risk management, regulatory compliance, data protection, and enterprise resilience. At Paytm Money, he leads strategic cybersecurity and privacy initiatives that strengthen digital trust and secure financial innovation.
Vivek Shankar, Chief IT Security Officer (CITSO) & Vice President, Axis Max Life Insurance Limited: An accomplished IT security and infrastructure leader with extensive experience in cloud transformation, data centre operations, and enterprise security. His expertise in modernising IT environments and strengthening cyber resilience has supported large-scale digital transformation initiatives. At Axis Max Life Insurance, he leads secure infrastructure and cloud security strategies that enhance business resilience.
Conclusion
India’s financial future will increasingly depend on its institutions’ ability to innovate securely, respond effectively to emerging threats, and maintain the trust of customers and stakeholders. In this environment, the CISO has become far more than the guardian of technology infrastructure. Today’s security leaders are strategic decision-makers, risk advisors, transformation enablers, and key contributors to organisational resilience.
The leaders featured in The BFSI Cybersecurity 100: India’s Most Influential CISOs – 2026 represent this evolution through their work across cybersecurity strategy, enterprise risk, regulatory compliance, cloud and data security, digital payments, security operations, privacy, and business continuity. Their diverse experiences demonstrate how strong cybersecurity leadership can enable innovation while protecting critical financial systems and sensitive information.
As India’s BFSI ecosystem continues to embrace AI, cloud technologies, digital payments, and increasingly interconnected platforms, the responsibility of securing this transformation will only grow. The contributions of these 100 leaders serve as a testament to the importance of proactive security leadership and reinforce a crucial message for the industry: financial innovation can be truly sustainable only when built on a foundation of security, resilience, and trust.
– Researched & Edited By Sejal Thakur & Shivani Solanki
Disclaimer
This award, “The BFSI Cybersecurity 100: India’s Most Influential CISOs – 2026,” has been curated through independent research, industry analysis, and publicly available information sourced from professional profiles, company websites, corporate disclosures, media publications, interviews, and other credible public resources available at the time of compilation. The individuals featured represent a diverse cross-section of cybersecurity and information security leaders contributing to the Banking, Financial Services, and Insurance (BFSI) ecosystem across areas including cybersecurity strategy, information security, cyber risk management, security operations, cloud security, data protection, application security, identity and access management, governance, compliance, digital payments, privacy, business continuity, and regulatory preparedness.
This award is not intended to be an exhaustive or definitive list of all cybersecurity leaders operating in India’s BFSI sector. The selection process follows a structured editorial methodology, with primary consideration given to the individual’s professional experience, current or recent leadership responsibilities, demonstrated expertise in cybersecurity and information security, contribution to organisational resilience, and relevance to the evolving security requirements of the BFSI ecosystem. The featured professionals hold a range of leadership positions, including Chief Information Security Officers, Group CISOs, Chief IT Security Officers, Chief Risk Officers, CISO & DPOs, and other senior information security and cybersecurity leadership roles. Their inclusion is based on their professional contribution, expertise, leadership responsibilities, and relevance to BFSI cybersecurity rather than solely on designation, organisational hierarchy, or seniority.
The profiles featured in this award are arranged alphabetically by name from A to Z and do not constitute a ranking. The sequence of appearance should not be interpreted as an indication of an individual’s level of influence, professional standing, seniority, experience, organisational position, cybersecurity capabilities, achievements, or comparative performance against any other featured professional.
All information presented has been compiled from publicly available sources believed to be reliable at the time of research. However, given the continuously evolving nature of the cybersecurity, technology, and BFSI landscape, professional roles, organisational affiliations, responsibilities, certifications, achievements, and areas of expertise may change over time. While every reasonable effort has been made to ensure the accuracy and relevance of the information, there may be inadvertent errors, omissions, outdated information, or changes occurring after the compilation or publication of this award.
The inclusion of any individual, organisation, or institution in this award is intended solely for recognition and informational purposes. It should not be construed as an endorsement, recommendation, certification, professional guarantee, or validation of an individual’s cybersecurity strategy, technology decisions, risk posture, organisational performance, or future outcomes.
Indian Startup Times remains committed to maintaining fairness, transparency, and editorial integrity throughout its award initiatives. If any factual corrections, updates, or clarifications are required, we welcome constructive feedback and may consider appropriate revisions in future editions.
