Image Source: The Org
RBL Bank has announced the resignation of its Chief Financial Officer, Buvanesh Tharashankar, effective December 15, 2025. The disclosure was made to the stock exchanges under SEBI’s Listing Obligations and Disclosure Requirements (LODR), marking a significant leadership change for the private lender as it navigates evolving financial strategies.
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Tharashankar, who played a key role in overseeing financial operations and strategic planning, stepped down to pursue opportunities outside the organization. The bank confirmed that an interim successor has been identified, with the board expected to finalize the appointment shortly. His departure comes at a time when RBL Bank is focusing on strengthening governance, capital adequacy, and long-term growth.
Notable updates
• RBL Bank CFO Buvanesh Tharashankar resigned effective December 15, 2025
• Disclosure made under SEBI’s LODR regulations to stock exchanges
• Resignation attributed to pursuit of external opportunities beyond the bank
• Interim successor identified; board to complete formalities for CFO appointment
• Leadership change comes as RBL Bank emphasizes governance and capital strategy
Major takeaway
The CFO’s exit underscores the importance of succession planning and governance as RBL Bank adapts to changing market dynamics and prepares for its next growth phase.
Sources: Reuters, Business Upturn, InvestyWise
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