AU Small Finance Bank re-appoints R V Verma as chairman

AU Small Finance Bank re-appoints R V Verma as chairman

Daily Current Affairs   /   AU Small Finance Bank re-appoints R V Verma as chairman

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Category : Appointment/Resignation Published on: October 13 2022

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  • AU Small Finance Bank re-appointed former head of National Housing Bank (NHB) R V Verma as its non-executive chairman.
  • The board approved the re-appointment of Raj Vikash Verma as part-time chairman of the bank with effect from April 8, 2023 till January 29, 2024.
  • The appointment is subject to the approval of the Reserve Bank of India (RBI).
  • Verma, who also served as a whole-time member of Pension Fund Regulatory and Development Authority (PFRDA), took charge as part-time chairman of the bank on April 8, 2020.
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