RBL Bank’s temporary CEO Rajeev Ahuja has been granted a three-month extension by the RBI
Ahuja was appointed as the interim MD and CEO after the previous MD and CEO Vishwavir Ahuja went on leave.
Rajeev Ahuja, interim managing director and chief executive officer (MD&CEO) of RBL Bank, has been given a three-month extension by the Reserve Bank of India (RBI), with effect from March 25, 2022.
“We wish to further inform that on request of the bank, RBI has approved the extension of the term of Rajeev Ahuja, interim MD&CEO of the Bank for a further period of three months with effect from March 25, 2022, or until the appointment of a regular MD&CEO, whichever is earlier,” the bank said in an exchange notification.
After then-MD & CEO Vishwavir Ahuja went on leave, Ahuja was named interim MD & CEO, a day after RBI named one of its chief general managers as an additional director. On December 24, the Reserve Bank of India (RBI) named Yogesh Dayal as an extra director for a two-year term.
The bank had formed a search committee to find candidates from within and outside the bank for the positions of MD and CEO. Following the quarterly results, Ahuja stated that the board is working quickly to identify candidates for the position of MD and CEO.
