- Sanjeev Nautiyal will be the new MD&CEO of Ujjivan SFB from July 1, 2024.
- He has been appointed for a tenure of three years.
- Currently, he is an independent director of Life Insurance Corporation of India (LIC) and acts as an advisor in various organisations.
- He will take the place of Ittira Davis, who took charge in January 2022.
- The reappointment of Davis was approved for two years with effect from January 14, 2023.
- Sanjeev Nautiyal had retired as a deputy managing director of SBI.
- He will be the third MD & CEO of the Ujjivan SFB bank in five years.
Ujjivan Small Finance Bank
- It was set up by Ujjivan Financial Services Limited (UFSL). It started banking operations on February 1, 2017.
- It is a Scheduled Small Finance Bank. It is headquartered in Bengaluru.