The NSDL Payments Bank, a branch of National Securities Depository (NSDL), has appointed Vasundhra Paruelekar as its new head-human resources, effective immediately. She will be based in NSDL’s Mumbai office, overseeing a wide range of HR functions.
Backed by over 15 years of experience in HR, she has worked across various industries, such as BFSI, pharmaceuticals, energy, infra, metals, mining, technology, and retail.
Prior to joining NSDL, Paruelekar was associated with Indusland Bank as its zonal HR partner, serving as the HR function lead for branch banking and liabilities in Maharashtra & Goa, comprising 250 branches. In this capacity, she was responsible for driving growth and expansion, handling talent acquisition and management, addressing grievances, overseeing HR operations, and ensuring HR compliance.
Her expertise lies in managing broader HR functions and employee lifecycle, such as implementing rewards and recognition programmes, handling compensation matters, fostering employee engagement, overseeing talent acquisition and management, shaping work culture, managing workforce expansion, conducting performance management, handling HR technology, establishing HR processes and systems, managing attrition, providing career coaching, overseeing training and development initiatives, and contributing to organisational development.
Prior to Indusland, Paruelekar held roles at HDFC Life as its senior manager-human resources, Essar Oil as the manager-human resources, HDFC Standard Life Insurance as the regional manager-HR, and Torrent Pharmaceuticals as a human resource executive. Earlier in her career, she also gained valuable experience at Naukri.com and Centurion Bank of Punjab.
Through LinkedIn, Paruelekar expressed her thrill and happiness at starting her new stint with NSDL Payments Bank.