RBI Re-appoints Ajay Kanwal as MD & CEO at Jana Small Finance Bank

The Reserve Bank of India has approved the reappointment of Ajay Kanwal as Managing Director and Chief Executive Officer (CEO) of Jana Small Finance Bank Limited for 3 years, with effect from March 21, 2024.

Ajay Kanwal, Managing Director and Chief Executive Officer, has more than 33 years’ experience in financial services. Kanwal has held various leadership positions throughout his banking career and has a proven track record of planning and executing strategies to deliver P&L in a multicultural and volatile emerging market environment. He has played a significant role in launching several strategic growth initiatives while building and managing diverse teams across geographies. He holds a bachelor’s degree in engineering in electronics and telecommunications from Marathwada University and a master’s degree in management studies from the University of Mumbai.