The Reserve Bank of India (RBI) has given the green light to the appointment of Sanjeev Nautiyal as the Managing Director (MD) and Chief Executive Officer (CEO) of Ujjivan Small Finance Bank, according to an official exchange filing on Saturday, May 4. Nautiyal, boasting over three decades of extensive banking experience, is slated to take up his new role commencing July 1, 2024, for a tenure of three years.
Prior to his assignment at Ujjivan Small Finance Bank, Nautiyal occupied prominent positions in the banking sector. He served as the Deputy Managing Director for Financial Inclusion & Micro Markets at SBI and held the role of MD & CEO at SBI Life Insurance. Presently, he serves as an Independent Director at Life Insurance Corporation and offers advisory services to various organizations.
Nautiyal holds a Bachelor’s degree in Arts and a Master’s degree in Business Administration. Additionally, he is a Certified Associate of the Indian Institute of Bankers.
His appointment coincides with the impending early departure of the current MD & CEO, Ittira Davis. Nautiyal is expected to assume an interim position as President ahead of his official start date, with Davis aiding in facilitating a seamless transition process.
