CDSL Appoints Shri Ganesh Kumar and Shri Rajesh Tuteja as Public Interest Directors
CDSL appointed Shri Ganesh Kumar and Shri Rajesh Tuteja as Public Interest Directors to its Governing Board. Their appointments are effective from February 18, 2026, for a three-year term ending February 05, 2029. Both individuals bring extensive experience from RBI and IRS respectively.
The appointment of new directors, especially those with significant experience in regulatory and financial sectors, can have a medium-term impact on the company's governance and strategic direction.
The appointment of experienced individuals as Public Interest Directors is generally viewed positively as it can strengthen governance and oversight.
Central Depository Services (India) Limited (CDSL) has approved the appointment of Shri Ganesh Kumar (DIN: 07635860) and Shri Rajesh Tuteja (DIN: 08952755) as Public Interest Directors on its Governing Board.
These appointments are effective from February 18, 2026, and will be for a term of three years, concluding on February 05, 2029. This follows the SEBI approval received earlier and the completion of the due process.
Shri Ganesh Kumar, a former Executive Director of the Reserve Bank of India (RBI), brings over three decades of experience in central banking, payment systems, IT, and financial market infrastructure. His expertise includes technology transformation in the Indian banking and payments ecosystem and institution building, such as the establishment of NPCI and ReBIT.
Shri Rajesh Tuteja, a retired Indian Revenue Service (IRS) officer, possesses over three decades of experience in taxation, investigation, regulatory oversight, and public administration. He has held senior leadership roles in the Income Tax Department and has significant expertise in investigation, tax assessments, and appellate matters. He was also associated with investigations into the Securities Scam of 2001.
Both directors have affirmed that they are not debarred from holding the office of Director by any SEBI order or other authority and are not related to any existing Directors on the CDSL Governing Board.
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Central Depository Services (India) Limited filed this with the NSE as a statutory disclosure, categorised under board 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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