RBL Bank appoints new ED, interim CFO in management renewal

Private sector lender RBL Bank said it has appointed Deepak Ruiya as interim Chief Financial Officer (CFO) with effect from Tuesday until the appointment of a new CFO. The bank has also appointed Jaideep Iyer, head of strategy, as its new executive director (ED) for three years, effective February 21, 2026, according to an exchange.

Iyer will succeed current ED Rajeev Ahuja, who retires on February 20 next year and successfully led the bank as interim CEO between 2021 and 2022, when former chief Vishwavir Ahuja abruptly left the bank due to ‘medical’ reasons.

“The board expressed its deep appreciation for Rajeev Ahuja’s contribution to the bank and the board. Rajeev Ahuja has played a crucial role in the transformation journey from Ratnakar Bank to RBL Bank. He has been an integral part of the management team of RBL Bank since 2010,” RBL Bank said. Ahuja has contributed to a series of capital issuances, the development of new partnerships and investor relationships, the build-out of the retail loan portfolio and digital activities at RBL.

Moreover, RBL Bank also said that digital banking unit head Pushpendra Sharma had tendered his resignation to pursue opportunities outside the bank. Sharma was associated with RBL Bank for almost twelve years.

Published on December 30, 2025