StockWatch
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Other Bank
Management Change4 Jun 2026, 01:25 pm

ESAF SFB Appoints Two New Directors

AI Summary

ESAF Small Finance Bank Ltd announced the appointment of two new directors to its Board. Shri. Ashok Tukaram Dhamankar has been appointed as a Non-Executive Independent Director for a period of three years, subject to shareholder approval. He brings extensive experience in finance, fintech, investment banking, and sustainable finance. Additionally, Shri. Hari Velloor has been appointed as a Non-Executive Director for a similar three-year term, also pending shareholder approval. These appointments are intended to strengthen the bank's governance and strategic direction.

Key Highlights

  • Two new directors appointed to the Board.
  • Ashok Tukaram Dhamankar appointed Non-Executive Independent Director.
  • Hari Velloor appointed Non-Executive Director.
  • Appointments are for three-year terms, subject to shareholder approval.
  • New directors bring significant finance and fintech expertise.