North East Small Finance Bank (NESFB) reinforces its leadership framework with the appointment of Mr. Shrimohan Yadav, a distinguished banking veteran, as an Independent Director. Boasting an illustrious 36-year career, including an extensive 29-year stint at the Reserve Bank of India (RBI), Mr. Yadav brings a wealth of regulatory expertise and strategic insight to NESFB. During his tenure at the RBI, Mr. Yadav held pivotal roles, notably as the Chief General Manager of the Department of Regulation, where he played a central role in critical banking sector initiatives. His vast experience spans supervision, regulation, rural development, financial inclusion, and human resources management.
NESFB’s move to enlist Mr. Yadav is a strategic play to enhance governance and tap into his profound knowledge of the financial landscape. Mr. Satish Kumar Kalra, Interim MD & CEO, NESFB underlined the significance, stating, “Mr. Yadav’s appointment aligns with our commitment to exceptional governance, ensuring sustained growth and prudent corporate practices.”
In reflection, Mr. Shrimohan Yadav acknowledged the unique positioning of NESFB in spearheading grassroots banking transformation, especially with its imminent merger with slice, promising an innovative digital frontier. The addition of Mr. Yadav to NESFB’s leadership ensemble reaffirms the bank’s dedication to navigating a trajectory of sustained growth and financial excellence.
