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In December 2021, Equitas Small Finance Bank Limited board of directors has approved the proposal for the re-appointment of whom as its MD & CEO for three years?

In December 2021, Equitas Small Finance Bank Limited board of directors has approved the proposal for the re-appointment of whom as its MD & CEO for three years? Correct Answer Vasudevan Pathangi Narasimhan

The correct answer is Vasudevan Pathangi Narasimhan.

Key Points

  • Equitas Small Finance Bank Limited board of directors has approved the proposal for the re-appointment of Vasudevan Pathangi Narasimhan (PN) as the MD & CEO.
  • He has been reappointed for three years, with effect from July 23, 2022, up to July 22, 2025.
  • Vasudevan was appointed as the MD of erstwhile Equitas Finance Limited, now a bank, with effect from July 23, 2016.

Additional Information

  • Equitas Small Finance Bank has been empanelled as the banking partner of the state government of Maharashtra with an aim to offer its services to employees of the State Government in December 2021. 
  • Equitas Small Finance Bank Ltd:
    • Founded in: 2016
    • Headquarters: Chennai, Tamil Nadu
    • MD & CEO: Vasudevan Pathangi Narasimhan
    • Tagline: It’s Fun Banking
  • In September 2021, Equitas Bank has appointed Rani Rampal & Smriti Mandhana as its brand ambassadors.

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