{"id":109895,"date":"2022-06-13T12:49:37","date_gmt":"2022-06-13T07:19:37","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=109895"},"modified":"2022-09-06T13:13:35","modified_gmt":"2022-09-06T07:43:35","slug":"r-subramaniakumar-appointed-as-md-ceo-of-rbl-bank","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/r-subramaniakumar-appointed-as-md-ceo-of-rbl-bank\/","title":{"rendered":"R Subramaniakumar appointed as MD &amp; CEO of RBL Bank"},"content":{"rendered":"\n<p>R Subramaniakumar, a veteran banker with over four decades of experience, was on June 11 announced as the new managing director and chief executive officer of RBL Bank. The board of directors has&nbsp;confirmed his appointment&nbsp;as the MD and CEO of the bank for a &#8220;period of three years&#8221;, the private lender informed the stock exchanges. He was appointed the administrator of&nbsp;<strong>Dewan Housing Finance Co Ltd<\/strong>&nbsp;after the mortgage financier\u2019s board was superseded.<\/p>\n\n\n\n<p><strong>About the R Subramaniakumar:<\/strong><\/p>\n\n\n\n<p>Subramaniakumar\u2019s tenure will begin from the date of his taking charge, under Section 35B of the Banking Regulation Act 1949. Subramaniakumar\u2019s appointment came nearly six months after RBL Bank\u2019s long-term MD and CEO Vishwavir Ahuja had stepped down In December 2021.<\/p>\n\n\n\n<p>Subramaniakumar\u2019s appointment as the RBL Bank chief comes in the backdrop of the bank reporting a net loss of Rs 74.74 crore in FY2022, as against a profit of Rs 50.77 crore in FY2021. The RBL bank had also reportedly come under regulatory lens, with the RBI, in December 2021, appointing its chief general manager Yogesh K Dayal as an additional director of the private lender for two years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>R Subramaniakumar, a veteran banker with over four decades of experience, was on June 11 announced as the new managing director and chief executive officer of RBL Bank. The board of directors has&nbsp;confirmed his appointment&nbsp;as the MD and CEO of the bank for a &#8220;period of three years&#8221;, the private lender informed the stock exchanges. 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