Suryoday Small Finance Bank Limited has informed the Exchange about change in Management
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Suryoday Small Finance Bank has announced that Mr. Pandurang Dixit, the Chief of Internal Vigilance (CIV), will step down on September 30, 2025, after completing his second term as required under RBI guidelines. To ensure continuity, Mr. Gaurav Popat, the current Chief Audit Officer, will take on the additional charge of Interim CIV from October 1, 2025, until a permanent replacement is appointed. Mr. Popat is a Chartered Accountant and Certified Information Systems Auditor with 20 years of internal audit experience across ICICI Bank, Kotak Mahindra Bank, IDFC Bank, and Jio Payments Bank. The change is being made in compliance with SEBI listing regulations and the bank is in the process of finding a new CIV.
This is a routine senior management transition following the completion of a regulatory-mandated term. The interim arrangement with an experienced internal audit leader should ensure smooth continuity, with limited impact expected on the stock price or operations.