Personal sector financial institution RBL Bank will rope in government search firm EgonZehnder and Pradip Shah, Chairman, Nationwide Asset Reconstruction Corporation Ltd to pick out the lender’s new entire-time taking care of director and main government.

At present, Rajeev Ahuja, an government director at lender, is acting as interim MD & CEO just after Vishwavir Ahuja, proceeded on healthcare leave in December 2021. Reserve Bank of India has permitted R Ahuja’s appointment up to a few months from December 25, 2021.

The lender’s board of administrators at its assembly (on January fifteen, 2022) has determined to affiliate with Pradip Shah as an external qualified to work with the search committee of board, the lender mentioned in a stock exchange filing.

The search panel includes Manjeev Singh Puri, Chairman, Nomination and Remuneration Committee (NRC) and two other administrators, Ishan Raina and Veena Mankar.

Even further, the Board on the recommendation of the search committee, also permitted EgonZehnder as the search firm for identifying appropriate candidates for the write-up of MD & CEO in a well timed manner.

RBI also appointed Yogesh Dayal, its main normal manager as an Supplemental Director on the board of RBL Bank, for two decades till December 23, 2023 or till even further orders, whichever is before.

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