ESAF Small Finance Bank Management Change
ESAF Small Finance Bank announced the appointment of Shri. Hari Velloor and Shri. Ashok Tukaram Dhamankar as directors, and the re-appointment of Prof. Biju Varkkey.
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ESAF Small Finance Bank announced the appointment of Shri. Hari Velloor and Shri. Ashok Tukaram Dhamankar as directors, and the re-appointment of Prof. Biju Varkkey.
ESAF Small Finance Bank appointed G Narasimha Murthy as CRO and Poulose Bharanikulangara as Head of Internal Audit. These appointments follow the planned retirements of the incumbents.
ESAF Small Finance Bank approved the appointment of Ashok Dhamankar and Hari Velloor as directors for three-year terms. These appointments strengthen the bank's board and governance.
ESAF Small Finance Bank approved a broad leadership reorganization effective May 1, 2026. The Bank reclassified several officials from Key Managerial Personnel to Senior Management Personnel and established a new framework designating all Executive Vice Presidents and Control Function Heads as Senior Management Personnel to streamline its management structure.
ESAF Small Finance Bank has recommended the re-appointment of Prof. Biju Varkkey as a Non-Executive Independent Director for a three-year term starting August 17, 2026. The appointment is subject to shareholder approval at the upcoming Annual General Meeting.