ESAF Small Finance Bank Limited has informed the Exchange about Reappointment of Shri. Gireesh C P as Executive Vice President - Finance and Chief Financial Officer of the Bank on contract basis for a period of 3 years with effect from June 1, 2025.
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ESAF Small Finance Bank has reappointed Shri. Gireesh C P as Executive Vice President – Finance and Chief Financial Officer on a contract basis for a period of 3 years, effective June 1, 2025. He was previously set to retire on May 31, 2025, and has now been retained on a fresh contract. Shri. Gireesh is a Chartered Accountant with over 30 years of experience in finance and banking, and was formerly the CFO of South Indian Bank. He has been serving as the CFO of ESAF Small Finance Bank since September 5, 2018. The reappointment was approved by the Board at its meeting held on May 16, 2025.
Continuity at the CFO position is positive for stability in financial leadership and avoids any disruption during a sensitive period for the bank. The reappointment signals management confidence in the incumbent and should be viewed as a routine governance event with no negative implication for shareholders.