Capital Small Finance Bank Limited has informed the Exchange regarding Outcome of Board Meeting held on March 31, 2026.
CAPITALSFB · price
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Capital Small Finance Bank's Board of Directors, at a meeting on March 31, 2026, approved the appointment of Mr. Sameer Mahawar as the new Chief Risk Officer (CRO) with effect from April 01, 2026. Mr. Mahawar, aged 34, is a Chartered Accountant with over 14 years of experience (11 in banking/financial services), and has been with the bank since May 2017, most recently serving as Deputy CRO. He previously worked with TCS and ICICI Bank. The current CRO, Mr. Raghav Aggarwal, will be elevated to the role of Chief Credit Officer (Branch Banking) from April 01, 2026, after completing his CRO tenure on March 31, 2026. Mr. Mahawar holds 5,007 equity shares in the bank. The board meeting ran from 3:00 PM to 6:30 PM.
This is a routine senior management transition with an internal promotion, suggesting continuity in the bank's risk management function. No material financial impact is expected, and the change is unlikely to move the stock price.