IDFC FIRST Bank Appoints Nitin Chauhan as Chief Information Security Officer

Noor Mohmmed

    29/Jan/2025

What's Covered in the Article:

  • IDFC FIRST Bank appoints Nitin Chauhan as Chief Information Security Officer (CISO).
  • He brings over 29 years of technology experience, including 13 years in banking security.
  • His expertise includes cybersecurity governance, IT controls, and risk management.

IDFC FIRST Bank Appoints Nitin Chauhan as Chief Information Security Officer

Strategic Leadership Appointment

IDFC FIRST Bank has announced the appointment of Nitin Chauhan as its new Chief Information Security Officer (CISO), effective January 28, 2025. This move aligns with the Reserve Bank of India (RBI) guidelines on cybersecurity leadership and strengthens the bank’s information security framework.

The decision was approved by the Nomination and Remuneration Committee and the Board of Directors in compliance with SEBI Listing Regulations and RBI directives.

Nitin Chauhan’s Professional Background

With 29 years of experience in technology and over 13 years as a Chief Information Security Officer (CISO) in the banking and financial sector, Chauhan has held key cybersecurity leadership roles at:

  • Yes Bank (Last Position: Chief Information Security Officer)
  • Paytm
  • Other leading banking & financial institutions

Areas of Expertise

His expertise spans multiple critical areas, including:
Cybersecurity governance & compliance
Risk management & IT controls
Data security & access management
Cyber threat modeling & incident response
Cybersecurity operations & auditing

Implications for IDFC FIRST Bank

  1. Strengthening Cybersecurity Measures: With rising cyber threats in banking, Chauhan’s leadership will enhance IDFC FIRST Bank’s digital security infrastructure.
  2. Compliance with RBI & SEBI Norms: His appointment aligns with RBI’s cybersecurity guidelines, ensuring regulatory compliance.
  3. Enhanced Digital Banking Security: His expertise will help IDFC FIRST Bank strengthen its digital banking services against cyber threats.

 


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