Cibil elevates Satish Pillai as MD and CEO

Credit Information Bureau (India) Ltd (Cibil), India’s first and largest credit information company, on Thursday promoted chief operating officer Satish Pillai as its new managing director and chief executive officer. Pillai takes over from Arun Thukral, who retired this year after 10 years in charge of the company. Pillai was the nominee of US-based TransUnion International Inc, the largest shareholder in the company.