Ujjivan Small Finance Bank has announced the appointment of Ms. Carol Furtado as Interim Chief Executive Officer (CEO). This appointment, approved by the Reserve Bank of India (RBI), is effective from September 1, 2026, for a period of three months or until a regular Managing Director & Chief Executive Officer is appointed. This move ensures continued leadership and operational continuity for the bank.
Interim CEO Appointment
Ujjivan Small Finance Bank Limited has announced a significant leadership update. Following approval from the Reserve Bank of India (RBI), Ms. Carol Furtado has been appointed as the Interim Chief Executive Officer (CEO). This appointment is effective from September 1, 2026.
Leadership Tenure and Succession
Ms. Furtado’s tenure as Interim CEO is set for a period of three months. Alternatively, her role will conclude upon the appointment of a permanent Managing Director & Chief Executive Officer (MD & CEO) for the Bank, whichever event occurs earlier. This interim arrangement aims to ensure smooth governance and operational oversight during the transition period.
Regulatory Compliance and Disclosure
The bank has made this intimation in accordance with regulatory requirements. The information regarding this leadership change will also be made available on the bank’s official website, www.ujjivansfb.bank.in, for public access and transparency.
Source: BSE
