RBL Bank Board Approves Key Appointments and Executive Director's Retirement
The Board of Directors of RBL Bank Limited, in its meeting held on December 30, 2025, approved several significant personnel changes. Mr. Rajeev Ahuja will retire as Executive Director upon completion...
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Why is RBL Bank Limited in the news today?
RBL Bank Limited (RBLBANK) is in the news due to the announcement details routine board decisions regarding key personnel changes, including retirements and appointments. while positive aspects like appreciation for departing members and new appointments are present, the overall tone is factual and procedural, without significant positive or negative financial implications stated.
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RBL Bank Board Approves Key Appointments and Executive Director's Retirement
December 30, 2025, 09:55 AM
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The Board of Directors of RBL Bank Limited, in its meeting held on December 30, 2025, approved several significant personnel changes. Mr. Rajeev Ahuja will retire as Executive Director upon completion of his current term, which concludes on February 20, 2026. The Board acknowledged Mr. Ahuja's substantial contributions to the bank's transformation and growth since 2010.
Concurrently, the Board approved the appointment of Mr. Jaideep Iyer as an Additional Director and Whole-time Director (Executive Director) and Key Managerial Personnel, effective February 21, 2026, for a period of three years, subject to shareholder approval. Mr. Iyer, currently Head of Strategy, has over 25 years of experience in the financial sector.
Furthermore, Mr. Deepak Ruiya has been appointed as the Interim Chief Financial Officer and Key Managerial Personnel, effective December 30, 2025. Mr. Ruiya, who has been with the bank for 10 years and previously served as Deputy CFO, will hold this position until a new CFO is appointed.
In other news, Mr. Pushpendra Sharma, Head - Digital Banking Unit, has resigned to pursue external opportunities and was relieved on December 29, 2025. The bank stated that the portfolio managed by Mr. Sharma has been integrated into the Technology function, with sufficient leadership depth to manage it.
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