The Reserve Bank of India (RBI) has approved the appointment of Sanjeev Nautiyal as the Managing Director and Chief Executive Officer (CEO) of Ujjivan Small Finance Bank. He will officially assume his new role from July 1.
With a distinguished career spanning over three decades, Sanjeev Nautiyal brings to Ujjivan a rich tapestry of expertise garnered from his tenure as the former Deputy Managing Director of the State Bank of India (SBI). His tenure at SBI has seen him navigate the intricacies of retail, small and medium enterprises (SME), financial inclusion, operations, HR, international banking, and treasury management.
Expressing his enthusiasm for the new role, Nautiyal stated, ‘It is indeed an honor to join Ujjivan, whose mission, to be a leading mass-market bank, is embedded in its philosophy of building better lives for everyone. The transformation of Ujjivan from an NBFC-MFI to a very successful bank makes it ready to chart new frontiers of financial and digital inclusion. I look forward to working with Team Ujjivan and all stakeholders.’
Additionally, Nautiyal currently serves as an independent director of the Life Insurance Corporation of India (LIC) and acts as an advisor to various organizations, further underscoring his deep-rooted commitment to the financial sector.
His appointment comes at a crucial juncture as Ujjivan Small Finance Bank gears up for a leadership transition. Nautiyal will succeed Ittira Davis, the current MD and CEO, who is stepping down a few months ahead of his original term expiration.
