Equitas SFB Appoints Balaji Nuthalapadi as Interim CEO

Equitas Small Finance Bank Limited announced the Board of Directors' approval for the appointment of Mr. Balaji Nuthalapadi as the Interim Chief Executive Officer (CEO). This appointment is consequent to the resignation of Mr. P. N. Vasudevan as MD & CEO and is effective from the date of Reserve Bank of India (RBI) approval. Mr. Nuthalapadi, currently a Whole-Time Director, brings over 28 years of experience from his tenure at Citi. The bank has also initiated the process to identify a successor for the regular MD & CEO position.