Home / Business and Economy / RBI approves Agarwal's reappointment as AU Small Finance Bank MD & CEO
RBI approves Agarwal's reappointment as AU Small Finance Bank MD & CEO
13 Feb
Summary
- Agarwal's reappointment as MD & CEO is for three more years.
- The new term for Agarwal begins on April 19, 2026.
- This marks Agarwal's third consecutive term post bank conversion.
AU Small Finance Bank announced the Reserve Bank of India's (RBI) approval for the reappointment of Sanjay Agarwal as its Managing Director and Chief Executive Officer. This renewed mandate will extend his tenure for an additional three years, commencing April 19, 2026.
The decision by the RBI follows prior endorsements from the bank's Board of Directors on October 17, 2025, and its shareholders on December 26, 2025. Agarwal has been instrumental in the bank's growth, first as MD of AU Financiers starting February 14, 2008, and then as MD & CEO of AU Small Finance Bank from April 19, 2017.
This latest approval signifies Agarwal's third consecutive term as MD & CEO since the institution transitioned into a universal bank. The RBI's repeated sanction underscores the bank's long-term stability, robust governance, and sustained regulatory confidence in Agarwal's leadership capabilities.
