RBI Extends R Subramaniakumar's Tenure as RBL Bank CEO
RBI has re-appointed R Subramaniakumar as MD & CEO of RBL Bank for three years, extending his tenure until June 2028. The bank will seek shareholder approval for the reappointment.
Photograph: Mahipal Soni/Rediff.com
New Delhi, Feb 13 (PTI) RBL Bank on Thursday said the Reserve Bank of India (RBI) has approved the re-appointment of R Subramaniakumar as the Managing Director & CEO of the bank for a period of three years.
RBI vide its letter dated February 13, 2025 has approved the re-appointment of R Subramaniakumar as the MD & CEO of the bank, for a further period of three years with effect from June 23, 2025 to June 22, 2028.
The bank shall seek approval from the shareholders of the bank for the re-appointment within the stipulated timelines, it said.
Subramaniakumar is MD & CEO of the bank since June 23, 2022.
RBI vide its letter dated February 13, 2025 has approved the re-appointment of R Subramaniakumar as the MD & CEO of the bank, for a further period of three years with effect from June 23, 2025 to June 22, 2028.
The bank shall seek approval from the shareholders of the bank for the re-appointment within the stipulated timelines, it said.
Subramaniakumar is MD & CEO of the bank since June 23, 2022.
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