Utkarsh SFB: Ms. Chatterjee Appointed Head - Internal Audit; Mr. Kapur Re-appointed Director
Utkarsh Small Finance Bank appointed Ms. Suchita Chatterjee as permanent Head – Internal Audit from December 13, 2025. The bank also approved the re-appointment of Mr. Ajay Kumar Kapur as Independent Director for a second term from March 02, 2026, to March 01, 2029, pending shareholder approval.
The changes involve internal audit leadership and director re-appointment, which are standard corporate governance procedures and are unlikely to have a significant immediate impact on the bank's operations or financial performance.
The announcement pertains to routine management and director appointments/re-appointments, which do not inherently suggest a positive or negative shift in the company's performance or outlook.
Utkarsh Small Finance Bank Limited announced the outcome of its Board Meeting held on December 13, 2025. The Board approved the appointment of Ms. Suchita Chatterjee as the permanent Head – Internal Audit, effective December 13, 2025. She was previously serving as the Interim Head – Internal Audit.
Furthermore, the Board approved the re-appointment of Mr. Ajay Kumar Kapur as an Independent Director for a second term of three consecutive years. This re-appointment is scheduled from March 02, 2026, to March 01, 2029, subject to shareholder approval. Mr. Kapur has confirmed he is not debarred from holding a director's office by any order of SEBI or other authorities and is not disqualified under the Companies Act, 2013.
The Board meeting commenced at 10:00 a.m. (IST) and concluded at 07:15 p.m. (IST). The disclosures regarding these appointments are available on the bank's website.
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Utkarsh 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 low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Utkarsh Small Finance Bank Limited. Read the original for the full detail.