RBL Bank Appoints Surya Subramanian as Additional Non-Executive Independent Director
RBL Bank Limited has appointed Mr. Suryanarayan Subramanian as an (Additional) Non-Executive Independent Director. The appointment was made by the Bank's Board of Directors during a meeting held on June 05, 2026.The appointment is effective from June 05, 2026, and spans a period of four years, subject to shareholder approval. Under the Companies Act, 2013, Mr. Subramanian will not be liable to retire by rotation. The Bank noted that the addition of Mr. Subramanian strengthens the Board given his extensive international experience in the banking and finance sector.
A brief profile of Mr. Subramanian reveals a career spanning over 35 years across the global financial institutions landscape, with deep familiarity concerning international governance practices.
Director Appointment Details
The key details regarding the appointment are as follows:| Particulars | Detail |
|---|---|
| Reason for Change | Appointment |
| Date of Appointment | June 05, 2026 |
| Term of Appointment | 4 years (w.e.f. June 05, 2026) |
| Director's Name | Mr. Surya Subramanian |
| Designation | (Additional) Non-Executive Independent Director |
Profile and Experience
Mr. Surya Subramanian brings over 35 years of experience in Banking and Finance, primarily focusing on South East Asia, the Far East, and the Middle East. His background includes various CFO roles at major international banks across Wholesale Banking, Retail, and Wealth Management divisions.His professional history includes serving as the Group Chief Financial Officer for Emirates NBD, one of the large financial institutions in the Middle East. He also gained experience with the Ministry of Finance, Singapore and Accounting & Corporate Regulatory Authority in Singapore, supporting accounting standards development.
Mr. Subramanian currently holds roles such as an Independent Board member and Chair of the Audit & Risk Committee at Spinneys, a leading grocery chain in the U.A.E. Additionally, he is an Independent board member and Risk Committee/Strategy & Investment Committee member at Odea Bank in Turkey. He also serves on the Audit & Risk Committee at Dubai Holding.
In other capacities, he has been involved with Americana Restaurants International PLC (a listed entity in the UAE) and Kuwait Food Company (Americana). His past directorships include Network International Holdings PLC and DXB Entertainments. Mr. Subramanian possesses experience related to banking acquisitions in London, UAE, Egypt, and Turkey, working alongside private equity firms, public investors, and private owners.
Mr. Surya Subramanian is a Singapore national and an Overseas Citizen of India (OCI). He holds qualifications as a Chartered Accountant from India and a Bachelor of Commerce (Honors) from Kolkata University. The Bank confirmed that Mr. Subramanian is not related to any other Director of the Bank.
RBLBANK Stock Price Movement
Shares of RBL Bank Limited slipped by 0.65% to settle at ₹351.35 today, despite earlier volatility in trading. The bank's stock had hit its 52-week high intra-day and saw robust market activity as it closed on a volume exceeding 4.04 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.
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