Discover Financial Services has appointed cybersecurity leader Bharat Panchal as Chief Industry Relations & Regulatory officer- India.
In his new role, Panchal will be responsible for policy regulatory and industry relations.
Panchal was earlier the Chief Risk Officer- India, Middle East & Africa at FIS, where he was accountable for a significant part of multi-regulatory organisation across three major regions, as well as lead strategic development and delivery of enterprise risk, cybersecurity and compliance programme’s.
Panchal is a qualified and detail- oriented professional with an ability to implement global cybersecurity vision and strategy for enterprise risk while coordinating security and compliance initiatives working in collaboration with the leadership and several core business support functions. He ensures effective governance, operational efficiency, performance monitoring and measurement of cybersecurity risk, cyber capabilities and general compliance and security related actions essential to the organisation’s business by working across significant industries to include payments, digital banking, telecommunications and BFSI.
“Every move in life and career brings lots of excitement and sometimes sorrows to leave something good to grab new opportunities. Two fantastic years spent at FIS came to an end on 19th October. I am happy to announce my new beginning with the great team at Discover Financial Services. I would be working as a Chief Industry relations & Regulatory Officer for India. More interactions with industry stalwarts on making the ecosystem safe, secure and reliable,” Bharat Panchal said in a LinkedIn post.