ESAF Small Finance Bank Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

ESAF Small Finance Bank's board has endorsed the appointment of Shri Karthikeyan M as Part Time Chairman and Non-Executive Independent Director for a three-year term, effective December 21, 2025. This decision follows the retirement of the current chairman, Shri Ravimohan Periyakavil Ramakrishnan. Karthikeyan M brings over 36 years of extensive banking experience, having served as Executive Director at Bank of India and General Manager at Indian Bank. His appointment is pending approvals from the RBI and the bank's shareholders. This strategic leadership update aims to bolster the bank's governance.