Vasudevan Pathangi Narasimhan reappointed as MD & CEO of Equitas Small Finance Bank

Daily Current Affairs / Vasudevan Pathangi Narasimhan reappointed as MD & CEO of Equitas Small Finance Bank

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Category : Appointment/Resignation Published on: December 30 2021

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The board of directors of Equitas Small Finance Bank Limited has approved the proposal for Vasudevan Pathangi Narasimhan (PN) to be re-appointed as MD and CEO for a 3-year term beginning July 23, 2022, and ending July 22, 2025, subject to RBI and shareholder approval.
Vasudevan is currently serving as the MD and CEO of the bank.
He was appointed as the MD of erstwhile Equitas Finance Limited, now a bank, with effect from July 23, 2016. He was previously the CEO of Equitas Holdings Limited.
Vasudevan worked at Cholamandalam Investment and Finance Company Limited, a subsidiary of the Murugappa Group, for nearly two decades, starting as a management trainee and eventually rising to vice president and head of vehicle finance.