
Management Change12 Jun 2026, 08:01 pm
RBL Bank Appoints Bhavin Lakhpatwala as New CFO
AI Summary
RBL Bank Limited announced the appointment of Mr. Bhavin Lakhpatwala as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective June 12, 2026. This appointment follows recommendations from the Audit Committee and Nomination and Remuneration Committee. Mr. Lakhpatwala, a seasoned finance professional with over twenty-five years of experience, including a significant role at HDFC Bank where he was involved in the HDFC Bank–HDFC Limited merger, will take over from Mr. Deepak Ruiya, who served as Interim CFO. Mr. Ruiya will continue as the Deputy CFO. The bank also updated the list of KMPs authorized under SEBI Listing Regulations for disclosures.
Key Highlights
- Bhavin Lakhpatwala appointed as CFO and KMP effective June 12, 2026.
- Deepak Ruiya ceases to be KMP, continues as Deputy CFO.
- Lakhpatwala brings over 25 years of finance experience, including HDFC merger.
- Board approved authorized KMPs for SEBI Regulation 30(5) disclosures.
Price Impact
More from RBLBANK