AU Small Finance Bank Appoints Amol Padhye as Chief Risk Officer
AU Small Finance Bank has approved the appointment of Mr. Amol Padhye as the bank's Chief Risk Officer (CRO). Mr. Padhye will join the leadership team as Senior Management Personnel (SMP) and is scheduled to take over the role on September 1, 2026.His appointment follows the completion of the tenure of the incumbent CRO, Mr. Deepak Jain, who will conclude his term on August 31, 2026. The appointment was approved by the Board of Directors following recommendations from both the Risk Management Committee and the Nomination and Remuneration Committee.
Professional Background and Expertise
Mr. Padhye is a Chartered Accountant who holds a bachelor's degree in commerce from the University of Mumbai. He brings over 23 years of experience in risk management, spanning various leadership roles at prominent banking and consulting firms including HDFC Bank, Ernst & Young LLP, and BNP Paribas.His professional expertise includes:
- Establishing and strengthening risk management functions
- Market and liquidity risk oversight
- Risk technology transformation
Beyond his corporate experience, Mr. Padhye is a recognized thought leader who frequently speaks at industry forums and premier institutions on topics such as Responsible AI, Generative AI risk, and general risk management strategies.
Leadership Transition Details
The following table outlines the transition details for the Chief Risk Officer position:| Particulars | Mr. Amol Padhye | Mr. Deepak Jain |
|---|---|---|
| Reason for Change | Appointment as CRO with effect from September 1, 2026, categorized as SMP | Completion of tenure as CRO on August 31, 2026 |
| Date of Appointment / Cessation | Appointment as CRO with effect from September 1, 2026 | Completion of tenure as CRO on August 31, 2026 |
AUBANK Stock Price Movement
AU Small Finance Bank Limited shares today slipped by 0.63% to settle at ₹1,035.10. The stock saw a total turnover of 610,596 shares as it traded down from the previous close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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