Ujjivan SFB Appoints Ms. Carol Furtado as Interim CEO for 3 Months
Ujjivan Small Finance Bank Limited appointed Ms. Carol Furtado as Interim CEO. The RBI approved her appointment, effective September 1, 2026, for three months or until a regular MD & CEO is appointed.
The appointment of an interim CEO is a significant management change that can affect strategic direction and operational continuity, though the impact is temporary until a permanent CEO is appointed.
The appointment of an interim CEO is a routine management change and does not inherently signal positive or negative performance for the bank.
Ujjivan Small Finance Bank Limited has announced the appointment of Ms. Carol Furtado, currently the Executive Director, as the Interim Chief Executive Officer (CEO). This appointment has been approved by the Reserve Bank of India (RBI) and is effective from September 1, 2026.
The interim tenure for Ms. Furtado will last for a period of three months. This appointment will be in effect until a regular Managing Director & Chief Executive Officer (MD & CEO) is appointed for the bank, or until the three-month period concludes, whichever occurs first.
This intimation is a continuation and supersession of a previous letter dated September 1, 2026. The announcement will also be made available on the bank's official website, www.ujjivansfb.bank.in.
A plain-language summary of a public exchange filing by Ujjivan Small Finance Bank Limited. Read the original for the full detail.