CURRENT AFFAIRS

Detailed explanation-1: -Ujjivan Small Finance Bank has appointed Carol Furtado as an Officer on Special Duty (OSD) of the bank, with effect from August 26, 2021, after the resignation of Nitin Chugh, Managing Director and CEO of the Bank.

Detailed explanation-2: -Ittira Davis as the Managing Director and Chief Executive Officer of the Bank for a further period of 2 years, w.e.f. January 14, 2023, ” the lender said in an exchange notification. Davis has been associated with Ujjivan since March 2015. He has over 40 years of work experience in India, the Middle East, and Europe.

Detailed explanation-3: -Mr Ittira Davis is a senior banker with over 40 years of rich experience having worked extensively in India, Middle East and Europe. He has been associated with Ujjivan since March 2015.

Detailed explanation-4: -Ujjivan Small Finance Bank (SFB) announced on December 9 that the Reserve Bank of India (RBI) has approved Ittira Davis’ reappointment as managing director and chief executive officer for another two years.

Detailed explanation-5: -Ramesh Murthy is the Chief Financial Officer at Ujjivan Small Finance Bank. He is a Chartered Accountant and has completed the General Management Program from Harvard Business School, Boston, USA. He comes with 30 years of experience in Business, Risk Management, and Finance. Mr.