Rajeev Ahuja To Retire As Executive Director Of RBL Bank; Jaideep Iyer Appointed

Rajeev Ahuja will retire as Executive Director of RBL Bank upon completion of his current term, effective February 20, 2026.

Further, Jaideep Iyer, Head of Strategy, will be appointed as Executive Director for a three-year term, effective February 21, 2026, subject to shareholder approval.

Additionally, Deepak Ruiya has been appointed as Interim Chief Financial Officer (CFO) effective December 30, 2025, until a permanent CFO is appointed.

Ahuja has over 38 years of experience in financial services. He served as interim CEO & MD of RBL Bank from December 25, 2021, to June 23, 2022. Before joining RBL Bank in 2010, he was MD of Investor Sales Business (South Asia) at Citigroup, India, and held leadership roles in Capital Markets and Investment Banking at Bankers Trust/Deutsche Bank in Singapore and Hong Kong. He also worked with Bank of America earlier in his career. At RBL Bank, he has been responsible for overall strategy, key business segments, capital raising, partnerships, and investor relations. Ahuja holds an MBA from IIM Ahmedabad and a bachelor’s in commerce from the University of Delhi.

Iyer has over 25 years of experience in the financial sector. He has worked across finance, strategy, investor relations, corporate banking, and financial markets. At RBL Bank, he oversees finance, strategy, and investor relations. Before joining RBL Bank, he served as Group President and Deputy CFO at Yes Bank for nine years, handling Finance & Accounting, Taxation, Secretarial, MIS, Investor Relations, and Financial Strategy. Jaideep holds a master’s in business administration (MBA) from IIM Ahmedabad and a bachelor’s degree in engineering.

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