UJJIVANSFBBSEUJJIVAN SMALL FINANC BANKCriticalNegative
Announced Tue, 1 Sept · 11:54 IST

Ujjivan SFB MD & CEO Sanjeev Nautiyal takes early retirement, Carol Furtado named acting chief

Ceo ResignedKmp ResignedManagement Changes View source PDFExplain this filing

UJJIVANSFB · price

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Price reaction · full curve 14 horizons · vs prior close
-7.5%1-day move
₹69.32
prior close
₹68.64
base price
In-mkt
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AI summary

Ujjivan Small Finance Bank's MD & CEO Mr. Sanjeev Nautiyal has opted for early retirement citing health issues. The board accepted his request; he stepped down from the MD & CEO role on September 1, 2026, serving a notice period until November 30, 2026, after a 2 plus year stint. Existing Executive Director Ms. Carol Furtado, with over 30 years of banking experience, has been appointed acting MD & CEO from September 1, 2026, subject to RBI approval. The board will search for a permanent successor.

Likely market impact

Health-driven early exit of MD & CEO; experienced insider named acting chief easing transition, but successor search adds short-term uncertainty.