Jana Small Finance Bank Limited has informed the Exchange regarding Change in Director(s) of the company.
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Jana Small Finance Bank has appointed Mr. Rakesh Joshi (DIN: 09766853) as an Additional Director in the capacity of Independent Director, effective 27th August 2025, for a term of five years. Mr. Joshi is a BFSI veteran with over 41 years of experience across wholesale, retail, and investment banking, including 15 years in front office and treasury roles. He previously served as a Whole Time Member (Finance and Investments) at IRDAI before retiring in December 2023. The bank has confirmed he is not related to any existing director and is not debarred by any regulatory authority.
This is a routine independent director appointment that strengthens the board with deep regulatory and banking expertise. No material impact on shareholders or stock price is expected; it reflects continued board renewal with experienced oversight.