In continuation to our letter dated December 30, 2021, we wish to inform that the Board at its meeting held today i.e. December 30, 2021, has constituted a search committee (comprising of the Chairman of the Nomination & Remuneration Committee, two members of the Board and one external expert) to identify and evaluate candidates for the position of MD & CEO both from within and outside the Bank. The Board has decided to appoint a reputed recruitment firm for the purpose. The Bank will endeavor to complete the succession process at an early date.
The above disclosure is being made in accordance with the provisions of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015
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