Mumbai: AU Small Finance Bank (AU SFB), India’s largest small finance bank and the first to receive in-principle RBI approval to transition into a universal bank, has announced key additions to its Board of Directors.
Narasinganallore Venkatesh Srinivasan and Mr. Satyajit Dwivedi have been appointed as Non-Executive Independent Directors for three-year terms, while Ms. Malini Thadani has been re-appointed for a second three-year term, subject to shareholder approval.
N S Venkatesh, a distinguished Chartered Accountant, brings over four decades of experience across treasury, international banking, and strategic growth initiatives at IDBI, AMFI, and Lakshmi Vilas Bank. He has chaired FIMMDA and contributed to RBI and SEBI committees driving policy reforms and governance standards.
Satyajit Dwivedi, with 35+ years in agriculture, rural economy, microfinance, and banking, has led initiatives at NABARD, Nabkisan Finance, and NCFE, focusing on financial inclusion and sustainable growth.
Malini Thadani, a veteran in sustainability, CSR, and public affairs, has driven ESG and strategic initiatives at HSBC and continues to advise organizations on integrating sustainability into business strategy.
Sanjay Agarwal, Founder, MD & CEO of AU SFB, said, “We are happy to welcome Mr. N S Venkatesh and Mr. Satyajit Dwivedi to our Board and to re-appoint Ms. Malini Thadani for a second term. These leaders bring exceptional experience and diverse perspectives that will strengthen our governance as we prepare for our next chapter as a universal bank.
Mr. Venkatesh, a Chartered Accountant and former CFO & Executive Director at IDBI, has also served as CEO of AMFI, bringing unmatched expertise in risk management and treasury. Mr. Dwivedi, recognized among the ‘100 Most Influential Leaders in Banking and Financial Services’ by The Economic Times, has led institutions like Nabkisan Finance and NCFE, with deep knowledge of rural economy and financial inclusion. Ms. Thadani continues to guide us with her rich experience in sustainability and ESG, having led strategic initiatives at HSBC.
A strong and varied Board is the foundation of sound governance. With these appointments, we are better equipped to navigate complexity, embrace innovation, and deliver inclusive and sustainable growth for all our stakeholders.”
