In December 2021, RBI has approved the appointment of whom as Interim Managing Director & CEO of the RBL Bank for a period of three months or till the appointment of a regular MD & CEO?

Option 2 : Rajeev Ahuja

The correct answer is Rajeev Ahuja.

• Reserve Bank of India (RBI) has approved the appointment of Rajeev Ahuja as Interim Managing Director & CEO of the RBL Bank for a period of three months or till the appointment of a regular MD & CEO.
• The development came after its Chief executive Vishwavir Ahuja went on immediate leave.
• The Reserve Bank of India (RBI) also appointed an additional director on the board of the private lender.

• Recent Bank Related Appointments:
  • Axis Bank's board has approved the appointment of Ashish Kotecha, a nominee of Bain Capital, as an additional non-executive Director.
  • Kotak Mahindra Bank has appointed Ashu Suyash as an independent Director of the bank for a period of 5 years.
  • In December 2021, Ujjivan Small Finance Bank has appointed Ittira Davis as Managing Director and Chief Executive Officer (CEO) for a period of three years.
  • The Reserve Bank of India has approved the appointment of Baldev Prakash as Jammu & Kashmir Bank's Managing Director and CEO from 2022.