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India

AU Small Finance Bank Ltd (AUFI.NS)

AUFI.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Raj Verma

2020 Part-Time Non-Executive Chairman of the Board

Sanjay Agarwal

46 2017 Chief Executive Officer, Managing Director, Executive Director

Deepak Jain

Chief Financial Officer

Manmohan Parnami

Company Secretary and Compliance Officer

Uttam Tibrewal

46 2017 Whole-time Director

Narendra Ostawal

42 2018 Non-Executive Director

V.G. Kannan

2020 Additional Independent Director

Jyoti Narang

60 2015 Independent Director

Krishan Rathi

55 2015 Independent Director

Pushpinder Singh

2019 Additional Independent Director

Mankal Sriram

2019 Additional Independent Director

Biographies

Name Description

Raj Verma

Sanjay Agarwal

Mr. Sanjay Agarwal is Chief Executive Officer, Managing Director, Executive Director of the company. He holds a bachelor’s degree in commerce from the Government College, Ajmer. He qualified as a chartered accountant from the Institute of Chartered Accountants of India and was the all India 39th rank holder. Mr. Agarwal has been associated with our Company since January 10, 1996 and was first appointed as our Managing Director on February 14, 2008. Subsequently, he was re-appointed as our Managing Director on February 14, 2013. Pursuant to the RBI approval dated April 13, 2017, his designation has changed to Managing Director and CEO of our Company. He is also the vice president of Rajasthan Finance Companies Association. He has over 21 years of experience in finance, accounting, strategic planning and credit risk management. Mr. Agarwal is the recipient of the “Rajasthan Entrepreneur and Excellence Award - Personality of the year (finance category)” in the year 2016 and has also been chosen as the “Our Business Leader of the Year” at the Institute of Chartered Accountants of India Awards, 2017.

Deepak Jain

Mr. Deepak Jain is Chief Financial Officer of the Company. He holds a bachelor’s degree in commerce from the University Commerce College, Jaipur, Rajasthan. He is a qualified chartered accountant and held a certificate of practice from the Institute of Chartered Accountants of India. He has been associated with our Company since May 15, 2010 as the chief financial officer. Prior to joining our Company, he was a practising chartered accountant. He has over 18 years of experience in the fields of financial, treasury operations and audit functions.

Manmohan Parnami

Mr. Manmohan Parnami is Company Secretary and Compliance Officer of the Company. He holds bachelor’s degrees in commerce and law from the University of Rajasthan, respectively and an advanced diploma in business management from ICFAI University, Dehradun. He is also a qualified company secretary and a member of the Institute of Company Secretaries of India. He has been associated with our Company since August 2, 2008 as the company secretary and was appointed as our compliance officer by way of the Board resolution dated December 20, 2016. Prior to joining our Company, he was associated with Musashi Auto Parts India Private Limited as a company secretary. He has over 13 years of experience in the fields of corporate laws, compliance and financial regulations.

Uttam Tibrewal

Mr. Uttam Tibrewal is Whole-time Director of AU Financiers (India) Limited. He holds a bachelor’s degree in commerce from the University of Delhi. He has been associated with our Company since the year 2003 as the head of business operations and was appointed as a Whole-time Director on February 14, 2008. Subsequently, Mr. Tibrewal was reappointed as a Whole-time Director on February 14, 2013. Pursuant to the RBI approval dated April 13, 2017, his designation was approved as a Whole-time Director of our Company. He has over 13 years of experience in the nonbanking finance industry.

Narendra Ostawal

Mr. Narendra Ostawal is Non-Executive Director of the Company. He Possesses a post graduate diploma in business management from Indian institute of management, Bangalore, chartered accountant and bachelor of commerce.

V.G. Kannan

Mr. V.G. Kannan serves as Additional Independent Director of the Company. Kannan joined the Board of the Bank in January 2020. He is a career banker with over 38 years of experience in the Banking & Financial Services Space and has held several leadership positions in the Sector. Mr. Kannan has significant experience in Banking & Financial Sector, especially in credit & risk management, Insurance, Capital markets and Treasury & Fund Management. Mr. Kannan is acknowledged as an authority in Credit, Treasury, Risk and Investment Management in the Banking sector. He handled several leadership positions with State Bank of India (SBI), its subsidiaries & group companies as Managing Director of SBI. Thereafter, Mr. Kannan was Chief Executive of Indian Bank’s Association (IBA) where he led the development of sound and progressive banking principles and working closely with all banks to find resolutions to various systemic & operational issues by introducing new systems or services in the Banking industry. He was on the governing council of Indian Institute of Banking & Finance (IIBF). He was also Chairman of an RBI appointed committee to examine interchange in ATM services and served as a member.

Jyoti Narang

Ms. Jyoti Ishwar Chandra Narang is Independent Director of the Company. She holds a bachelor’s degree in arts (economics) from Lady Shriram College for Women, University of Delhi and a master’s degree in business administration from the University of Delhi. She has also completed an advanced management programme from the Harvard Business School. Ms. Narang was appointed as an Independent Director of our Company on March 30, 2015. Prior to joining our Company, she was associated with The Indian Hotels Company Limited as the chief operating officer. She has over 32 years of experience in senior leadership positions in the hospitality industry.

Krishan Rathi

Mr. Krishan Kant Rathi is Independent Director of the company. He holds a bachelor’s degree with honours in commerce from the Rajasthan University. He is a qualified chartered accountant and is a member of the Institute of Chartered Accountants of India. Mr. Rathi is also a qualified company secretary and is a member of the Institute of Company Secretaries of India. He has been associated with our Company since March 18, 2008 as an additional director. Subsequently, he was appointed as an Independent Director on September 23, 2008 and was re-appointed as an Independent Director on March 30, 2015. Prior to joining our Company, he was associated with, the Future Group as the chief financial officer, Future Consumer Limited as the chief investment officer and chief executive officer, H & R Johnson (I) Limited as the president of finance and KEC International Limited as the controller of corporate finance. Presently, Mr. Rathi is the managing director of Indianvesh Fund Managers Private Limited. He has over 26 years of experience working with various large corporates in the fields in finance and accounting.

Pushpinder Singh

Mr. Pushpinder Singh serves as Additional Independent Director of the Company. Singh joined the Board of the Bank in October 2019. He is a Banking Technology expert with over 35 years of rich experience. In his career, he focused on technological advancement and implementing IT as key enabler in the Banking sector. • With humble beginning at Bank of India, his career progressed, and promoted as Chief Information Officer (CIO) where he was responsible for IT infrastructure, implementation of various IT systems and projects. His valuable contribution to the IT Sector was duly acknowledged and he was also awarded with CIO Masters award in year 2013. He was associated with National Payment Corporation of India (NPCI) as advisor on FI and new Business till 2017. • At NPCI, he headed as product and business development lead for AePS product using Aadhaar authentication for payments using Micro ATMs. Presently, he is Member of the IT Strategy Committee of the Board.

Mankal Sriram

Mr. Mankal Shankar Sriram serves as Additional Independent Director of the Company. Sriram joined the Board the Bank in October 2019. He has more than 30 years of experience in Financial Inclusion & Microfinance, Rural Economy, Co-operatives, and Agriculture Finance. • Presently, He is Chairperson of the Centre for Public Policy & Faculty member at IIM Bangalore (IIMB). He is also a Distinguished Fellow at the Institute for Development of Research in Banking Technology, Hyderabad. Prior to this, he was Professor of Finance and Accounting and the ICICI Bank Lalita D Gupte Chair Professor of Microfinance at the Indian Institute of Management, Ahmedabad. • He is a Director on Board of IDMC, NDDB Dairy Services and other institutions. He also held position as a shareholder director on the Board of Union Bank of India for a period of 6 years. • He has authored many books including annual ‘Inclusive Finance India Report’ for the years 2015, 2016 and 2017.