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AU Small Finance Bank Deputy CEO Rajeev Yadav resigns effective October 31
Yadav, who joined the lender last year, has resigned to pursue new opportunities; his exit comes as the bank continues its expansion and digital transformation push.
AU Small Finance Bank has announced the resignation of its Deputy Chief Executive Officer, Rajeev Yadav, effective October 31, 2025. The bank confirmed the development in a stock exchange filing on Friday, noting that he will step down after close of business hours.
Yadav’s departure comes a little over a year after he joined the institution in a senior leadership role. Prior to AU Small Finance Bank, he held leadership positions in the financial services sector, including stints in consumer banking and digital growth roles.
In a letter to CEO Sanjay Agarwal, Yadav thanked him for all the support he got while he was there. He said leaving was a tough choice, but he was doing it because he wants to go after some new career opportunities. He also conveyed gratitude for the experience and wished the team success in the next phase of its growth journey.
The bank did not comment on the process to identify a successor. However, AU Small Finance Bank is currently in the middle of key transformation initiatives, including digital capability strengthening and expanding its retail banking footprint — areas where Yadav had been actively engaged since coming on board.
Yadav’s departure adds to the leadership churn seen this year across India’s banking sector, where several lenders have completed senior-level transitions tied to digital acceleration, succession planning, and market shifts.
Everyone in the banking world will be watching closely to see if AU shuffles people around inside the company or hires someone new to take the spot. This is especially true since small finance banks are competing hard to ramp up their digital services and build bigger retail businesses.
Yadav’s departure comes a little over a year after he joined the institution in a senior leadership role. Prior to AU Small Finance Bank, he held leadership positions in the financial services sector, including stints in consumer banking and digital growth roles.
In a letter to CEO Sanjay Agarwal, Yadav thanked him for all the support he got while he was there. He said leaving was a tough choice, but he was doing it because he wants to go after some new career opportunities. He also conveyed gratitude for the experience and wished the team success in the next phase of its growth journey.
The bank did not comment on the process to identify a successor. However, AU Small Finance Bank is currently in the middle of key transformation initiatives, including digital capability strengthening and expanding its retail banking footprint — areas where Yadav had been actively engaged since coming on board.
Yadav’s departure adds to the leadership churn seen this year across India’s banking sector, where several lenders have completed senior-level transitions tied to digital acceleration, succession planning, and market shifts.
Everyone in the banking world will be watching closely to see if AU shuffles people around inside the company or hires someone new to take the spot. This is especially true since small finance banks are competing hard to ramp up their digital services and build bigger retail businesses.
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