RBL Bank Limited has informed the Exchange regarding change in management.
RBLBANK · price
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RBL Bank announced that Mr. Rajagopalan R, Head - Internal Audit, will superannuate (retire) effective close of business on April 30, 2026, after serving as part of the Bank's Senior Management. The Board has appointed Mr. Navin Sharma as his successor effective May 1, 2026. Navin Sharma brings nearly 26 years of experience in banking, insurance, and financial services, having previously worked with Bandhan Bank, ICICI Bank, ICICI Prudential Insurance, Fullerton India Credit, and Citigroup Global Services. He is a Chartered Accountant with a BCom from St Xavier College. The appointment was made based on recommendations from the Audit Committee and the Nomination and Remuneration Committee.
This is a routine senior management change due to superannuation with a well-structured succession plan in place. The replacement has extensive relevant experience and the transition follows proper board-level approval, suggesting minimal disruption to the Bank's internal audit function.