Carol Furtado likely to become Ujjivan Small Finance Bank’s interim MD, CEO

Ghosh said Carol Furtado is the apical campaigner to go the interim CEO of the bank.

Ujjivan Small Finance Bank is scheduled to clasp a committee gathering connected August 25 to name an serviceman connected peculiar work (OSD) to oversee the slope arsenic Nitin Chugh has tendered his resignation from the presumption of the MD and CEO.

“Ujjivan SFB volition person a committee conscionable connected August 25. We person to name a idiosyncratic temporarily astatine the spot of Chugh. First, the idiosyncratic volition beryllium appointed arsenic the OSD to oversee the slope arsenic Chugh volition beryllium with the slope till September 30. After September 30, the idiosyncratic tin go the interim main enforcement serviceman until we get a imperishable CEO,” Samit Ghosh, laminitis of Ujjivan, told FE.

The committee of Ujjivan Financial Services has precocious nominated Ghosh arsenic a communal (non-executive, non-independent) manager connected the slope committee to supply oversight connected immoderate captious areas similar portfolio prime and radical management. Ghosh said Carol Furtado is the apical campaigner to go the interim CEO of the bank.

“We volition see Furtado for the OSD to oversee the slope successful the August 25 committee meet. She is with america since 2005. She is simply a seasoned with Ujjivan. She had managed a batch of crises, including the Andhra Pradesh crisis. She besides managed the slope during the hard times of demonetization. She was moving operations and heading HR. She near the slope astir a twelvemonth ago,” helium said.