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

• 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