Capital Small Finance Bank Appoints Sameer Mahawar as Chief Risk Officer
Capital Small Finance Bank appointed Mr. Sameer Mahawar as Chief Risk Officer effective April 01, 2026. Mr. Mahawar, 34, is a Chartered Accountant with over 14 years of experience. Mr. Raghav Aggarwal will become Chief Credit Officer (Branch Banking) from April 01, 2026. The board approved these changes on March 31, 2026.
The appointment of a key management personnel like the Chief Risk Officer can have a medium-term impact on the bank's strategic direction and risk mitigation efforts.
The appointment of a new Chief Risk Officer is a positive development for the company's governance and risk management framework.
Capital Small Finance Bank Limited announced the appointment of Mr. Sameer Mahawar as the Chief Risk Officer (CRO) and Senior Management Personnel of the Bank. This decision was approved by the Board of Directors during their meeting held on March 31, 2026, following the recommendations of the Nomination and Remuneration Committee. Mr. Mahawar's appointment is effective from April 01, 2026.
Mr. Mahawar, aged 34 years, holds a Bachelor of Commerce degree and is a Chartered Accountant. He has over 14 years of experience, with 11 years in the banking and financial services sector, including prior roles at Tata Consultancy Services and ICICI Bank. He has been associated with Capital Small Finance Bank since May 2017, serving in key functions within the Finance and Treasury departments, and most recently as Deputy CRO.
Concurrently, Mr. Raghav Aggarwal will be elevated to Chief Credit Officer (Branch Banking) effective April 01, 2026, upon completion of his tenure as Chief Risk Officer on March 31, 2026. The Board meeting commenced at 3:00 p.m. and concluded at 6:30 p.m. on March 31, 2026. Mr. Mahawar holds 5007 equity shares in the Bank.
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Capital Small Finance Bank Limited filed this with the NSE as a statutory disclosure, categorised under key management changes. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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