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RBL Financial institution board approves appointment of Subramaniakumar as MD & CEO

The board of administrators of RBL Financial institution, in its assembly on Thursday, authorized the appointment of R Subramaniakumar as Managing Director and CEO of the financial institution.

The appointment, which is topic to the approval of shareholders of the financial institution, is for a interval of three years with impact from June 23, 2022.

The Reserve Financial institution of India had on June 10 authorized the appointment of Subramaniakumar as MD and CEO of RBL Financial institution.

In a inventory change submitting, the financial institution stated that consequent to the appointment of Subramaniakumar, Rajeev Ahuja would now carry out his function as Government Director by way of approval granted by RBI on February 24, 2020.

Ahuja had been appointed as interim MD and CEO of the financial institution from December 25, 2021 until June 24, 2022 or until the appointment of a daily MD and CEO.

“We additionally want to inform that consequent to the appointment of R Subramaniakumar as MD and CEO, Vishwavir Ahuja’s time period because the MD and CEO ended on June 23, 2022,” RBL Financial institution stated, including that the board positioned on document its deep appreciation for his stellar contribution to the manifold progress of the RBL Financial institution throughout his tenure.

Revealed on

June 23, 2022

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