Ujjivan Small Finance Bank Limited (Ujjivan SFB) has announced the receipt of RBI approval for the appointment of Sanjeev Nautiyal as its Managing Director & CEO from July 1, 2024, for a period of three years. He will join the bank much prior to his taking charge as the MD&CEO and be designated as the President in the interim. Nautiyal retired as Deputy Managing Director of SBI and earlier held the role of MD&CEO at SBI Life for two years, in his 36 years of banking career.
The appointment of Nautiyal as the MD & CEO will be subject to the approval of shareholders at the ensuing Annual General Meeting of the bank, a release from the bank stated. Banavar Anantharamaiah Prabhakar, Chairman, Ujjivan SFB said, “I am delighted that RBI has approved the appointment of Mr. Nautiyal. I welcome him to the Ujjivan family. He is a strategic retail banker with an all-round experience in both the domestic and international markets. His expertise across the banking spectrum in creating and nurturing strong institutions, with customer at the forefront, makes him the natural choice to lead Ujjivan into the future.
