RBI Approves Reappointment of Sanjay Agarwal as MD & CEO of AU SFB
In February 2026, the Reserve Bank of India (RBI) approved the reappointment of Sanjay Agarwal as the Managing Director (MD) and Chief Executive Officer (CEO) of AU Small Finance Bank Limited (AU SFB) for three years effective from 19 April 2026.
About Sanjay Agarwal:
Profile: He is the Founder of AU SFB and spearheaded its transformation from a Non-Banking Financial Company (NBFC) into India’s largest SFB, with a strong focus on financial inclusion, innovation, and digital transformation.
Leadership Journey: He first assumed office as the MD of AU Financiers (India) Limited in February 2008. Following the company’s transition into a bank, he was appointed as the MD & CEO of AU SFB on April 19, 2017.
Recognition: He was honoured with the EY Entrepreneur of the Year Award (2018) in the Financial Services category and was named Business Leader of the Year (2016) by the Institute of Chartered Accountants of India (ICAI).
About AU SFB: Jaipur, Rajasthan based AU SFB founded in 1996 as a vehicle finance company, converted into a SFB in April 2017 and in 2025 became the first SFB to receive in-principle approval from the RBI for transition into a Universal Bank.