Business Standard

Ujjivan may move resolution again to appoint Samit Ghosh MD & CEO

The firm is reaching out to shareholders again in this issue after they voted against Ghosh earlier

Samit Ghosh, Ujjivan, small finance bank, Ujjivan SFB
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Samit Ghosh, founder of Ujjivan Small Finance Bank

Anup Roy Mumbai
Ujjivan Financial Services will reach out to the shareholders who voted against a special resolution to appoint Chairman Samit Ghosh as the managing director (MD) and chief executive (CEO) of the holding firm.
 
Ujjivan Financial Services holds Ujjivan Small Finance Bank, which is run by Nitin Chugh after Ghosh left the position in November 2019. Ghosh subsequently became the chairman of the holding company.
 
As Ittira Davis, MD and CEO of the holding company, moved as a director of the bank, a special resolution was brought to the shareholders to make Ghosh the temporary MD and CEO. This

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