Key Personnel Changes at Suryoday Small Finance Bank Limited: Director Completes Term, Company Secretary Resigns
Suryoday Small Finance Bank Limited announced significant changes concerning its senior management and board representation. The bank reported the retirement of a Non-Executive Independent Director upon completing his tenure, alongside the resignation of the Company Secretary and Compliance Officer due to career opportunities elsewhere.Mr. John Arunkumar Diaz, who served as a Non-Executive Independent Director of the Bank, ceased holding office effective August 09, 2026. His departure followed the completion of his second term, which concluded on August 08, 2026. Mr. Diaz's retirement was noted as being due to attaining the age of 75 years, in accordance with applicable regulations governing the banking sector.
In parallel, the Bank also confirmed the resignation of Mr. Krishna Kant Chaturvedi from his dual roles as Company Secretary and Compliance Officer (under SEBI Regulations) and Key Managerial Personnel. The resignation was effective from August 12, 2026, after having tendered on May 27, 2026, citing a move to pursue career opportunities outside the organization.
The Board of Directors of Suryoday Small Finance Bank Limited acknowledged both departures. The board conveyed sincere appreciation for the valuable contributions made by Mr. John Arunkumar Diaz during his tenure as Non-Executive Independent Director. Similarly, the bank appreciated the contributions of Mr. Krishna Kant Chaturvedi to the growth journey of the institution.
A summary of the key personnel changes is provided below:
| Personnel Name | Role | Reason for Change | Date of Cessation (Effective) |
|---|---|---|---|
| Mr. John Arunkumar Diaz | Non-Executive Independent Director | Retirement after completing two terms (age 75 attainment) | August 09, 2026 |
| Mr. Krishna Kant Chaturvedi | Company Secretary and Compliance Officer / Key Managerial Personnel | Resignation to pursue external career opportunities | August 12, 2026 |
SURYODAY Stock Price Movement
Shares of Suryoday Small Finance Bank Limited slipped by 0.68% on Friday, settling at ₹162.02 after the stock shed ₹1.11 against its previous close. The equity recorded a traded volume of 577,727 shares during the session.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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