
Management Change24 Oct 2026, 05:40 pm
IDFC First Bank Appoints New Chairperson, Reappoints Whole-Time Director
AI Summary
IDFC First Bank's Board of Directors has approved the appointment of Mr. S. Ganesh Kumar as Part-Time Non-Executive Chairperson, effective May 10, 2027, until April 29, 2029, subject to regulatory approvals. This follows the expiry of Mr. Sanjeeb Chaudhuri's term. Additionally, Mr. Pradeep Natarajan has been re-appointed as Whole-Time Director (Executive Director) for a further three-year period from May 31, 2027. The bank also noted that Mr. Aashish Kamat will cease to be an Independent Director on December 17, 2026, upon completion of his tenure.
Key Highlights
- S. Ganesh Kumar appointed Part-Time Non-Executive Chairperson from May 10, 2027.
- Pradeep Natarajan re-appointed as Whole-Time Director for three years.
- Aashish Kamat to cease as Independent Director on December 17, 2026.
- Appointments are subject to RBI and other regulatory approvals.
Price Impact
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