IDFC First Bank Limited - Updates

9 Feb 2022 , 12:00 AM

IDFC First Bank Limited has informed the Exchange regarding Intimation of sad demise of Chief Risk Officer (CRO) of the Bank and appointment of new CRO. With profound grief, we regret to inform about the untimely demise of Mr. Pankaj Sanklecha, Chief Risk Officer of the Bank, early morning on February 08, 2022 due to ill health. Our Bank places on record its sincere appreciation for the leadership, contribution and valuable guidance provided by Mr. Sanklecha during his tenure at the Bank. All the Directors and employees of the Bank convey deep sympathy, sorrow and condolences to his family. The Bank has appointed Mr. Chetan Sanghvi as the Chief Risk Officer, in accordance with the succession plan of the Bank, as per the due process as required under the applicable laws. He has been appointed for a minimum period of three years with effect from February 08, 2022. A brief profile of Mr. Sanghvi is attached.