Ujjivan SFB MD & CEO Sanjeev Nautiyal Resigns; Carol Furtado Appointed Acting MD & CEO

Ujjivan Small Finance Bank announced the early retirement of its Managing Director & Chief Executive Officer, Mr. Sanjeev Nautiyal, effective September 1, 2026, due to health reasons. Mr. Nautiyal will serve his three-month notice period until November 30, 2026. The Board has appointed Ms. Carol Furtado, the current Executive Director, as the acting MD & CEO, subject to RBI approval. Ms. Furtado brings over three decades of banking experience. The bank acknowledged Mr. Nautiyal's significant contributions during his tenure and expressed confidence in the existing leadership team to manage the transition.