RBL Bank Limited has informed the Exchange regarding Board meeting held on December 30, 2025 and other disclosure.
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RBL Bank's Board met on December 30, 2025 and approved multiple senior management changes. Mr. Rajeev Ahuja will retire as Executive Director on February 21, 2026, upon completion of his RBI-approved term. To fill the role, current Head of Strategy Mr. Jaideep Iyer (25+ years in banking, ex-Yes Bank Group President & Deputy CFO, IIM Ahmedabad MBA) has been appointed as new Executive Director for 3 years from February 21, 2026, subject to shareholder approval, with RBI approval already received on December 29, 2025. Deputy CFO Mr. Deepak Ruiya (with RBL for 10 years, a Chartered Accountant with FRM and CFA Level 2 credentials) has been named Interim CFO with immediate effect until a permanent CFO is found. Separately, Mr. Pushpendra Sharma resigned as Head of Digital Banking Unit and was relieved on December 29, 2025.
For shareholders, the transition is largely a planned succession with an internal promotion (Iyer) for the Executive Director role, which should support continuity. The interim CFO arrangement and the resignation of a digital banking leader introduce short-term execution risk, but the bank states it has adequate leadership depth to manage both portfolios. Investors may watch for shareholder approval of Iyer's appointment and any permanent CFO announcement.