Central Depository Services India Ltd (CDSL) has announced the appointment of Joy Banerjee as the Head of Human Resources and Administration.
Joy Banerjee brings over three decades of extensive experience in human resources to his new role at CDSL.
Role and Responsibilities at CDSL
In his new role at CDSL, Joy will oversee employee engagement, talent management, talent development, and culture building.
His primary focus will be to align the organization’s HR strategies with its business objectives, ensuring a cohesive and productive work environment.
Known for his strategic thinking and dependability, Joy is expected to be a key asset in driving CDSL’s growth and organizational excellence.
Background and Experience
An alumnus of XLRI Jamshedpur, Joy’s illustrious career spans multiple industries, including insurance, logistics, and financial services.
Before joining CDSL, he served as the Group Head of Human Resources at IL&FS Group, where he led HR and administration, focusing on employee relations, statutory compliance, compensation benchmarking, and leadership development.
Joy’s career began in 1993 as an office executive at LIC. He subsequently held roles at Max New York Life Insurance, Reliance Life Insurance, and Tata AIA Life Insurance.
His tenure at Blue Dart DHL Courier and Liberty General Insurance further honed his expertise in HR strategy, learning, and development.
He also gained valuable experience in employee engagement and performance management.
About CDSL
Established in 1999, CDSL is a leading depository in India, providing convenient, dependable, and secure depository services.
As a Market Infrastructure Institution (MII), CDSL plays a critical role in the capital market ecosystem.
It offers services to exchanges, clearing corporations, depository participants, issuers, and investors.
The company’s mission is to provide efficient and reliable services, ensuring the integrity and transparency of the capital market.
CDSL has been at the forefront of technological advancements in the depository sector.
The company has recently introduced several initiatives to enhance its service offerings.
These initiatives include the implementation of blockchain technology for secure and transparent transactions.
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