Ujjivan SFB held an investor call regarding Mr. Sanjeev Nautiyal's early retirement as MD & CEO due to health reasons.
Ms. Carol Furtado, Executive Director, has been appointed Interim MD & CEO.
The bank initiated a search for a successor, aiming to submit names to the RBI in 3-4 months, with Ms. Furtado a serious internal candidate.
Management affirmed strong governance and continuity of strategy.
The bank reported robust Q1 loan book growth of approximately 29% YoY, GNPA at 2.2%, and a 38% YoY CASA growth.
The secured loan book now exceeds 50%. Management confirmed they are well-capitalized for FY27 growth plans and see no major impact from El Nino, expressing confidence in delivering strong performance.
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