te AU Small Finance Bank re-appoints RV Verma as chairman | Zee Business

AU Small Finance Bank re-appoints RV Verma as chairman

The decision was taken at its board meeting held on Monday, AU Small Finance Bank said in a regulatory filing.

AU Small Finance Bank re-appoints RV Verma as chairman
Chairman of AU Small Finance Bank is RV Verma. [Source: AU Small Finance Bank website]

AU Small Finance Bank on Monday re-appointed former head of National Housing Bank (NHB) R V Verma as its non-executive chairman.

The decision was taken at its board meeting held on Monday, AU Small Finance Bank said in a regulatory filing.

The board approved the re-appointment of Raj Vikash Verma as part-time chairman of the bank with effect from April 8, 2023 till January 29, 2024 (that is, till completion of his tenure as independent director), it said.

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The appointment is subject to the approval of the Reserve Bank of India (RBI), it added.

Verma, who also served as a whole-time member of Pension Fund Regulatory and Development Authority (PFRDA), took charge as part-time chairman of the bank on April 8, 2020.
 

Written By: PTI
Updated: Tue, Oct 11, 2022
11:32 am
New Delhi, PTI
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