RBI approves reappointment of Sanjay Agarwal as MD and CEO of AU Small Finance Bank

RBI approves reappointment of Sanjay Agarwal as MD and CEO of AU Small Finance Bank

Daily Current Affairs   /   RBI approves reappointment of Sanjay Agarwal as MD and CEO of AU Small Finance Bank

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Category : Appointment/Resignation Published on: April 14 2023

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  • The Reserve Bank of India (RBI) on April 12 approved the reappointment of Sanjay Agarwal as Managing Director and CEO of AU Small Finance Bank.
  • Agarwal has been reappointed for a period of three years, from April 19, 2023, to April 18, 2026.
  • Moreover, Uttam Tibrewal has been reappointed as Whole Time Director of the bank for the next three years.
  • Sanjay Agarwal was first appointed as managing director of Au Financiers on 14 February 2008. 
  • As the company transformed into a Small Finance Bank on 19 April 2017, he became the Managing Director & CEO of AU Small Finance Bank.

AU Small Finance Bank

  • Headquarters: Jaipur
  • Founder: Sanjay Agarwal
  • Founded: 1996
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