NESFB announced the appointment of a new Independent Director

North East Small Finance Bank (NESFB) has appointed Mr. Shrimohan Yadav as an Independent Director to its Board. Mr. Yadav, a seasoned veteran with 36 years of banking experience, including 29 years at the Reserve Bank of India, brings valuable knowledge and insights to the bank.

Mr. Yadav, a distinguished RBI official, held various positions, including Chief General Manager of the Department of Regulation, specializing in supervision, regulation, rural development, financial inclusion, and human resources management. Mr. Yadav significantly contributed to initiatives such as private sector bank ownership, mergers, bank reconstruction, and governance, and led discussions on privatization and divestment of public sector banks with the Indian government. Prior to his RBI tenure, Mr. Yadav worked for 7 years with a large Public Sector Bank, focusing on credit and financing.

Mr. Yadav’s appointment to the NESFB board is a strategic move to enhance the bank’s leadership, leveraging his extensive experience and understanding of the banking sector to support its growth and customer service. Reflecting on his appointment, Mr Shrimohan Yadav, Independent Director, NESFB, said, “I am honoured to contribute to this endeavour and be part of NESFB’s journey to forge a path of innovation and excellence in the banking sector.”

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