Equitas Small Finance Bank has confirmed the early cessation of services for a key Senior Management Personnel (SMP), Mr. John Alex. Originally scheduled to leave on April 01, 2026, the Management decided to relieve him from his duties effective immediately as of the close of business hours on March 31, 2026. The reason cited for this change is his Resignation from the position of Head – Lead Bank, Govt. Liaison & Social Initiatives.
Confirmation of Management Change
Equitas Small Finance Bank has issued a formal intimation regarding a change within its Senior Management Personnel (SMP). This follows a prior communication dated January 02, 2026, concerning the resignation of a key official.
Details of Personnel Cessation
The following details outline the change as required for public disclosure:
- Personnel Name: Mr. John Alex, holding the role of Head – Lead Bank, Govt. Liaison & Social Initiatives.
- Reason for Change: Resignation.
- Effective Date of Cessation: The Management decided to relieve the official effective from the close of business hours today, March 31, 2026. This is earlier than the previously communicated date of April 01, 2026.
Regulatory Filings
The Bank confirmed that the information has been filed with both the National Stock Exchange of India Limited (Symbol: EQUITASBNK) and the BSE Limited (Scrip Codes: 543243, 976218 & 976979). Further profile details or disclosure regarding relationships with Directors are Not Applicable for this cessation event.
Source: BSE
