RBL Bank Appoints Bhavin Lakhpatwala as Chief Financial Officer and Key Managerial Personnel
RBL Bank Limited has approved the appointment of Mr. Bhavin Lakhpatwala as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective June 12, 2026. The appointment was made by the Board of Directors following recommendations from the Audit Committee and Nomination and Remuneration Committee.Mr. Bhavin Lakhpatwala will serve as part of the Senior Management of the Bank.
The bank also announced a change in Mr. Deepak Ruiya's designation, previously intimated through communication on December 30, 2025. Consequent to the appointment of Mr. Lakhpatwala, Mr. Deepak Ruiya, who had been serving as Interim CFO and KMP, will cease to be a KMP but will continue in the role of Deputy CFO of the Bank.
Key Management Personnel Authorized by the Board
The Board of Directors has approved the names of several Key Managerial Personnel (KMPs) effective June 12, 2026. These personnel are authorized roles within the bank's senior management structure.Details regarding the designated KMPs and their roles include:
| Designation | Name of Key Managerial Personnel |
|---|---|
| Managing Director & CEO | Mr. R. Subramaniakumar |
| Executive Director | Mr. Jaideep Iyer |
| Chief Financial Officer | Mr. Bhavin Lakhpatwala |
| Company Secretary | Ms. Niti Arya |
Profile of CFO Bhavin Lakhpatwala
Mr. Bhavin Lakhpatwala is described as a seasoned finance leader with over twenty-five years of experience across financial control, business finance, investor relations, and strategic initiatives. He holds the designation of Chartered Accountant.In his recent capacity at HDFC Bank, he was part of the CFO leadership team and played a significant role in several key initiatives, including the HDFC Bank - HDFC Limited merger. Mr. Lakhpatwala has spent over twenty years at HDFC and held a position within the senior management team in the CFO's office. His professional responsibilities have spanned Financial Planning & Analysis, corporate finance, and business intelligence.
The Board meeting regarding these appointments commenced at 6:07 p.m. and concluded at 7:26 p.m. on June 12, 2026.
RBLBANK Stock Price Movement
Today, shares of RBL Bank Limited edged higher after the market close, finishing up at ₹365.85. The stock managed to touch its 52-week high during the trading session, accompanied by a robust volume of 8.41 million shares.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.