RBI Approves Re-Appointment of RBL Bank's Leader

RBL Bank announced the RBI's approval for R Subramaniakumar's re-appointment as Managing Director and CEO for three years. The effective duration is from June 23, 2025, to June 22, 2028. Shareholder approval will be sought promptly. Subramaniakumar has led the bank since June 2022.

RBL Bank announced on Thursday that the Reserve Bank of India (RBI) has sanctioned the re-appointment of R Subramaniakumar as the Managing Director and Chief Executive Officer of the bank for an additional term of three years.

The RBI, through a letter dated February 13, 2025, confirmed its approval for Subramaniakumar's extended leadership from June 23, 2025, to June 22, 2028.

In compliance with regulatory requirements, the bank will seek shareholder approval for this re-appointment within the stipulated timelines. Subramaniakumar has been at the helm of RBL Bank since June 23, 2022.