RBL Bank announced the appointment of Mr. Bhavin Lakhpatwala as its new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective June 12, 2026. This follows the recommendations of the Audit Committee and Nomination and Remuneration Committee of the Board. Mr. Lakhpatwala brings over twenty-five years of experience in finance leadership, including a significant role at HDFC Bank. Mr. Deepak Ruiya will transition from Interim CFO to Deputy CFO.
Key Leadership Appointment at RBL Bank
RBL Bank has announced a significant leadership change with the appointment of Mr. Bhavin Lakhpatwala as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP). This decision was approved by the Bank’s Board of Directors during their meeting held on June 12, 2026, following the recommendations from the Audit Committee and the Nomination and Remuneration Committee. Mr. Lakhpatwala will officially assume his role on June 12, 2026, and will be a part of the Bank’s Senior Management team.
Transition of Roles
This appointment marks a transition from the interim role held by Mr. Deepak Ruiya, who was appointed Interim CFO and KMP on December 30, 2025. Following Mr. Lakhpatwala’s appointment, Mr. Ruiya will cease to be the KMP and will continue his service as the Deputy CFO of the Bank. This ensures continuity in financial leadership and operational oversight.
Introducing the New CFO
Mr. Bhavin Lakhpatwala is a seasoned finance leader with an extensive career spanning over twenty-five years. His expertise covers financial control, business finance, investor relations, and strategic initiatives. Notably, in his recent capacity at HDFC Bank, he was instrumental as part of the CFO leadership team, driving strategy and contributing significantly to major initiatives, including the HDFC Bank–HDFC Limited merger. He is a qualified Chartered Accountant and possesses a proven track record in building and strengthening finance functions. His experience at HDFC Bank, where he spent over two decades, included senior management roles within the CFO’s office. His core responsibilities have encompassed Financial Planning & Analysis, corporate finance, and business intelligence, highlighting a broad functional scope and deep understanding of banking finance.
Authorized Personnel for Disclosures
The Board of Directors also approved the list of Key Managerial Personnel (KMPs) authorized to make disclosures under Regulation 30(5) of the SEBI Listing Regulations, effective from June 12, 2026. The designated KMPs and their contact details are as follows:
- Mr. R. Subramaniakumar (Managing Director & CEO):
[email protected] - Mr. Jaideep Iyer (Executive Director):
[email protected] - Mr. Bhavin Lakhpatwala (Chief Financial Officer):
[email protected] - Ms. Niti Arya (Company Secretary):
[email protected]
The Board Meeting commenced at 6:07 p.m. and concluded at 7:26 p.m. on June 12, 2026.
Information Dissemination
In compliance with Regulation 46(2) of SEBI Listing Regulations, the information regarding this appointment is being hosted on the Bank’s official website, www.rbl.bank.in.
Source: BSE
