NESFB enlists  former RBI chief General Manager Shrimohan Yadav as independent Director

North East Small Finance Bank (NESFB) introduced Mr. Shrimohan Yadav as its newly appointed Independent Director. With a formidable 36-year track record, including 29 years at the helm of the Reserve Bank of India (RBI), Mr. Yadav brings an unparalleled wealth of experience and vision to NESFB. Renowned for his instrumental role at the RBI, particularly as the Chief General Manager of the Department of Regulation, Mr. Yadav spearheaded groundbreaking initiatives in private sector bank ownership, mergers, and governance. His multifaceted expertise encompasses supervision, regulation, rural development, financial inclusion, and human resources management.

NESFB’s visionary step in securing Mr. Yadav aims to fortify governance and leadership, aligning seamlessly with its commitment to excellence. Mr. Satish Kumar Kalra, Interim MD & CEO, NESFB, expressed optimism, stating, “Mr. Yadav’s extensive banking experience will be a guiding force for sustainable growth and effective governance practices.”

Reflecting on his appointment, Mr. Shrimohan Yadav shared his excitement about NESFB’s unique position in driving grassroots banking transformation. He emphasized his honor in contributing to the bank’s journey, especially with the impending merger with slice, promising an innovative digital era for NESFB. The appointment marks another chapter in NESFB’s pursuit of growth and innovation, following the December 2024 appointment of Mr. Satish Kumar Kalra as its Interim MD & CEO.