
Board Meeting4 Jun 2026, 01:14 pm
ESAF SFB Appoints Two Directors, Chief Risk Officer
AI Summary
ESAF Small Finance Bank Ltd announced key management changes following its Board meeting on June 4, 2026. The board approved the appointment of Shri. Ashok Tukaram Dhamankar as Non-Executive Independent Director and Shri. Hari Velloor as Non-Executive Director, both for three-year terms, subject to shareholder approval. Additionally, Shri. G Narasimha Murthy was appointed Chief Risk Officer and Shri. Poulose Bharanikulangara as Head – Internal Audit, both for three-year terms commencing August 1, 2026, and July 1, 2026, respectively. These appointments are crucial for strengthening governance and risk management within the bank.
Key Highlights
- Two new directors appointed: Ashok Tukaram Dhamankar and Hari Velloor.
- G Narasimha Murthy appointed Chief Risk Officer.
- Poulose Bharanikulangara appointed Head – Internal Audit.
- Appointments are subject to shareholder approval.
- All appointments are for a three-year term.
Price Impact
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