People, Positions and Obituaries · 5 September 2026

Carol Kripanayana Furtado Appointed Interim CEO of Ujjivan Small Finance Bank

Exam-focused facts from the 5 September 2026 current affairs briefing.

Key facts

  • Carol Kripanayana Furtado was appointed as Interim Chief Executive Officer (CEO) of Ujjivan Small Finance Bank (SFB), effective from September 1, 2026.
  • The Reserve Bank of India (RBI) approved her appointment for a tenure of three months or until a regular Managing Director & CEO is appointed, whichever is earlier.
  • She was serving as a Whole-Time Executive Director of Ujjivan SFB and had been acting as MD & CEO prior to this appointment.
  • She brings around 29 years of banking experience across retail banking and NBFC businesses.
  • Before joining Ujjivan, she worked with ANZ Group, Bank Muscat, and Centurion Bank.
  • She is a postgraduate from Mount Carmel Institute of Management, Bengaluru, and has participated in leadership programmes at IIM Ahmedabad and Harvard Business School.