Board of Ujjivan Financial Services approves change in directorate

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Capital Market
Last Updated : Mar 12 2021 | 6:50 PM IST

At meeting held on 12 March 2021

The Board of Ujjivan Financial Services at its meeting held on 12 March 2021 has approved the following -

Resignation of Ittira Davis (DIN: 06442816) from the post of MD & CEO of the Company - to take up the proposed Directorship role at the Board of Ujjivan Small Finance Bank.

Appointment of Samit Ghosh (DIN: 00185369), the existing Non-Executive Chairman as the MD & CEO of the Company w.e.f. 01 May 2021.

Designating Sunil Vinayak Patel (DIN: 00050837), the existing Independent Director (whose appointment was approved by the Board on 10 February 2021 and for whom shareholders' approval will be sought in due course) as the Non-Executive Chairman of the Board and the Company w.e.f. 01 May 2021 (subject to the receipt of shareholders' approval for the appointment of Samit Ghosh as the MD & CEO).

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First Published: Mar 12 2021 | 6:26 PM IST

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