RBL Bank Limited informed that Mr. Brijesh Mehra, Head-Wholesale Bank, being part of the Senior Management will be retiring from the Bank effective closing of business hours on April 30, 2024. Further, the company informed the following internal changes in the Senior Management (basis the reporting structure only) of the Bank with effect from May 01, 2024: Appointment of Mr. Bharat Rungta as "Head - Wholesale Bank". Mr. Bharat Rungta in his new role will report to the MD&CEO of the Bank.

Appointment of Ms. Lipika Saxena as "Chief Credit Officer ­ Wholesale". Ms. Lipika in her new role will report to the Executive Director of the Bank. Mr. Bharat Rungta has been with the Bank for more than 13 years and has managed multiple roles within wholesale Bank before moving as the Chief Credit Officer for Wholesale.

He has over 25 years of work experience. He is Chartered Accountant and Company Secretary by qualification. Ms. Lipika Saxena has been with the bank for more than 12 years and has managed multiple roles in wholesale Bank and roles in the Risk vertical.

She has a total 22 years of experience. She holds an MBA degree in Finance and Marketing from IIM, Lucknow.