The Board of Directors of the Company, at its meeting held on May 30, 2026, has, inter-alia, approved the appointment of Mr. Saurav Ghosh as Chief Operating Officer of the Company for a ....
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The Board of Directors approved the appointment of Mr. Saurav Ghosh as Chief Operating Officer for a period of 2 years, effective June 21, 2026. Mr. Ghosh brings over 24 years of experience across banking operations, HR, credit management, regulatory compliance, and digital transformation. Concurrently, the outgoing COO, Mr. Ashutosh Kumar Sharma, will step down upon completion of his term on June 20, 2026, marking a planned leadership transition. The appointment was made based on the recommendation of the Nomination and Remuneration Committee and is disclosed under SEBI Listing Regulations 30 and 51.
The orderly transition at the COO level signals continuity in management, with no immediate cause for concern for investors. The market will watch whether the new COO drives any strategic shifts.